Apollo Micro Systems saw a 5.6% rise to ₹311 as investors reacted positively to its strong March quarter results, reporting an 81.3% YoY revenue increase to ₹293.26 crore and a 163.5% jump in PAT to ₹36.79 crore. Apollo Micro Systems, a multibagger defence stock, closed 5.6% higher at ₹311 apiece in Monday’s trade on May…
Sensex crashed 1,690 points, or 2.25%, to end at 73,583, while Nifty 50 settled at 22,819.60, falling 487 points, or 2.09%. Investors lost about ₹9 lakh crore. The Indian stock market suffered strong losses on Friday, March 27, with equity benchmarks — Sensex and Nifty 50 — falling more than 2% each. Sensex crashed 1,690…
The GST Council will discuss the Centre’s proposed proposed rate rationalisation reforms, with a view to simplify slabs and reduce burden on customers. We look at what may get cheaper under new slabs… GST reforms: The Goods and Services Tax (GST) Council, chaired by Finance Minister Nirmala Sitharaman, begun its 56th meeting in New Delhi…
In a significant policy shift, the US on April 10 temporarily paused the imposition of fresh tariffs on Indian imports for 90 days. The move, announced via White House executive orders, provides crucial relief to Indian exporters grappling with new trade barriers. India and the United States have locked in the terms for the…