The government on Friday proposed hiking the securities transaction tax on Futures & Options (F&O) contracts, a move that will increase the trading costs in the derivatives segment as well as help in curbing excessive trades. In the Finance Bill 2023, passed by the Lok Sabha on Friday, the Securities Transaction Tax (STT) on options is proposed to be increased to 0.0625 per cent from 0.05 per cent and on futures contracts to 0.0125 from 0.01 per cent. Analysts opined that higher STT will shore up the government's revenues to some extent and also discourage excessive trading since a large number of retail traders are losing money in the segment.
Indian mobile and Web consumers speak in 30 languages and around 1,600 dialects.
In the absence of major domestic events, equity markets will be driven by global trends, foreign fund flows and movement in the Brent crude oil, analysts said. The major global events this week are the European Central Bank interest rate decision and China's inflation rate, they added. "Indian equity markets are outperforming most of their global peers and trying to show resilience despite weak global cues.
The federal probe agency also made a fresh arrest in this case as it took into custody Hyderabad-based liquor businessman Arun Ramchandra Pillai, they said.
'It is science fiction, and we hope to release in 2022.'
After losing two festive seasons to Covid-led restrictions, 2022 is seeing an uninhibited celebration of festivals. This is pushing up discretionary spend, which is attracting advertisers and brands, who are ready to capitalise on the momentum. The festive season has begun with Onam and Ganesh Chathurthi held earlier this month in Kerala and Maharashtra, respectively.
'We suggest investors with suitable risk appetite to consider allocating 40-50 per cent in large-caps, 25-30 per cent of funds in quality mid and small-caps and the rest in debt and high yield products.'
The Indian pair of Saketh Myneni and Ramkumar Ramanathan beat compatriots Yuki Bhambri and Divij Sharan in straight sets to advance to the quarter-finals of the Bengaluru Open 2 ATP Challenger, in Bengaluru, on Wednesday.
Everything you wanted to know about India's Most Wanted.
'We focus on the masses, to watch a film while clapping, dancing and whistling.' 'But there should be strong content.' 'Every dialogue in the film has a thought process, which people can relate to.'
Sebi has imposed a penalty totalling Rs 44 crore on 18 entities, including the National Stock Exchange, its business development officer Ravi Varanasi, former MD and CEO Chitra Ramkrishna and her adviser Subramanian Anand along with certain stock brokers in the 'dark fibre' case.
We asked you Dear Readers for your memories, photographs and videos of your meeting with M S Dhoni.
HR Guru Mayank Rautela offers practical advice.
Reader Prashanth Raghavendra sent us this photograph from London.
Testosterone not rationale is the driving force behind KGF franchise, observes Sukanya Verma.
National Medical Commission regulations prohibit Indian medical students overseas to transfer programmes from one university to another mid-way.
'Dravid was really invested in India becoming the best team in the world.' 'Sadly, not everyone in the team had the same feeling. They would rather concentrate on being in the team.'
Taiwan-headquartered Wistron Corporation has said that it had suffered a loss worth Rs 437.40 crore in the violence in its facility unleashed by a section of workers over salary issues at its plant in Kolar district in Karnataka.
'The success of KGF over Zero proves if the content is good, even if the film is dubbed, it will make no difference.'
India's Yuki Bhambri and Jeevan Nedunchezhiyan cleared the first hurdle in the qualifying event of the ATP Chennai Open, scoring easy wins over their compatriots in Chennai.
Joginder Tuteja takes a look at the film projects that are on floors now.
Get your lowdown on whats happening in Kannada cinema right here!
Recently, world headlines buzzed with Elon Musk's announcement that he was shelving his audacious bid for social media platform Twitter. Away from the media spotlight, questions are being asked about the maverick billionaire's plans in India, too. A few days ago, a Reuters report said Musk's flagship Tesla had put on hold its plan to launch electric cars in India.
Reader Prashanth Raghavendra has sent us a photograph.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Even if you find the climax offbeat, you will enjoy the film. Love Guru is certainly a different kind of film, worth watching.
Addressing a press conference in Chennai, Akmin Technologies Pvt Ltd CEO and Managing Director S Prashanth said this would mainly target those who wish to create a website on their GPRS enabled mobile phone. Quoting Telecom Regulatory Authority of India's report, Prashanth said at the end of March 2008, India had 14.9 million PC-Internet subscribers, while the mobile internet subscribers stood at 66.09 million.
Elders must think twice about having friends and family members visit them, especially if anyone in the family might be sick, says Prashanth Reddy.
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Summary of sports events and persons who made news on Friday
Omkeshwar Singh, head, Rank MF, a mutual fund investment platform, answers your queries.
Summary of sports events and persons who made news on Monday
Arun Lal's "very poor pitch" comment on the opening day drew a sharp rebuttal from the Saurashtra Cricket Association on Wednesday after its curator, Mahendra Rajdev, said the Bengal coach erred in his judgement by jumping the gun in the ongoing Ranji Trophy final in Rajkot.
Even if 5G is not launched by operators this year, the handsets market will certainly witness a strong supply ecosystem for 5G ready smartphones in 2021.
Somdev Devvarman suffered yet another early defeat but Yuki Bhambri and Saketh Myneni continued their impressive run by storming into the singles quarter-finals of the ATP Pune Challenger tournament.
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