STC NEWS DESKMUMBAI, APRIL 15 (STC): Indian equity indices ended on strong note with Nifty above 23,300 today. At close, the Sensex was up 1,577.63 points or 2.10 percent at 76,734.89, and the Nifty was up 500 points or 2.19 percent at 23,328.55.The volatility index India VIX crashed nearly 20 per cent to reach levels…
STC NEWS MONITORING DESKNEW DELHI, APRIL 14 (STC): New UPI GST Rule : The central government is reportedly evaluating the idea of applying Goods and Services Tax (GST) on UPI (Unified Payments Interface) payments that cross the ₹2,000 threshold in a single transaction.The objective behind this move is to bring certain digital transactions under the…
STC NEWS MONITORING DESKMUMBAI, APRIL 20 (STC): The Reserve Bank of India (RBI) announced six new regulatory proposals for banks and fintechs. The announcement were made by RBI Governor Sanjay Malhotra after the conclusion of the Monetary Policy Committee’s three-day meeting.The soex bank will release the draft guidelines for all six today and seek public…
STC NEWS DESKMUMBAI, APRIL 09 (STC): The Reserve Bank of India (RBI) Governor Sanjay Malhotra-led Monetary Policy Committee (MPC) announced cut in repo rate by 25 basis point (bps) to 6% amid cooling inflation and slowing economic growth.Besides, the RBI has shifted the stance from neutral to accommodative.After a detailed assessment of the evolving macroeconomic…
STC BUSINESS DESKMUMBAI, APRIL 08(STC): The Sensex and Nifty 50 rallied sharply today, gaining over 2% intraday as markets rebounded from the previous session’s fall.The recovery was driven by strong bargain hunting, a broader recovery across Asian equities, and improved investor sentiment amid renewed hopes of progress in US tariff negotiations. This upbeat mood comes…
