Finance Ministry Refutes Rumors of GST on High-Value UPI Payments
Kumar Manoj -
"The reports that the government is considering GST on UPI transactions of over Rs 2,000 are totally false, misleading, and baseless. Currently, no such proposal is under consideration," the Finance Ministry stated.
Sensex Soars 1,500+ Points, Nifty Bank Nears Record High
Kumar Manoj -
The BSE Sensex, which is celebrating its 150th birthday on April 17, began the day in a weakish manner at 76,968 and went as low as 76,666 in the session. Later, there came a good bounceback, and the index surged to an intra-day high of 78,617 — recording a steep turnaround of 1,951 points from its session low.
Indian Markets End Week Higher as Tariff Worries Recede
Kumar Manoj -
The benchmark Nifty 50 opened with a huge gap-up to almost its 20-day exponential moving average (DEMA) level of about 22,900. After trading in a small range, it eventually settled at 22,828.55.
India Emerges as World’s 3rd Most Funded Fintech Startup Hub in Q1 2025
Siddhant Kumar -
The surge in investment was primarily driven by late-stage funding, which saw a remarkable 47% jump—reaching $227 million during the January to March period—up from $154 million in the final quarter of 2024, as per insights from Tracxn, a prominent market intelligence firm.
India’s Current Account Deficit to Stay in Safe Zone Through 2025-26: Report
Monika -
Aspirations rise amidst increased pressure on the merchandise trade deficit of the nation, according to the report, there would be just a marginal increase in CAD with a projection at 1.3% of GDP in FY 2025-26 against 1% for 2024-25.
Sensex Dips Over 1,100 Points Amid Concerns Over US Reciprocal Tariffs
Siddhant Kumar -
At 11:05 am, the Sensex fell 1,136.25 points, or 1.47%, to 76,260.90, and the Nifty declined 283.70 points, or 1.21%, to 23,231.20.
"Nifty and Sensex Show Strong Upside Potential, Signaling Robust FY26 Outlook: Report
Siddhant Kumar -
GoalFi, a smallcase manager, in its report says that those companies with a high domestic focus are best placed to handle risks like US tariff increases and an increase in commodity prices.
Sensex, Nifty Close FY25 with Over 5% Gains Despite Market Volatility
Monika -
Sensex fell by 191.51 points, or 0.25 percent, to close at 77,414.92, while Nifty fell 72.60 points, or 0.31 percent, to close at 23,519.35.
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