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Stock Market News: Profit-booking took centre stage on Friday's session, prompting the domestic benchmark indices, the Nifty 50 and Sensex, to give up early morning gains and remain in the negative throughout the day's trading.Market experts noted that the market breadth too favoured the bears as only 18 stocks in Nifty 50 marched higher against 32 stocks which slid down. Interestingly, in broader markets, Nifty MidCap 50 finished slightly above the dotted lines.

So you have your credit card and your bank has given you an offer of some tempting loan offers. You have been eying those money splurging dreams that you have been waiting so hard for, that trip to Bali or London, that fancy bike, that LCD TV, etc. You have the urge to max out your credit.

US - S&P 500 SPX 212415DAX 12209Nifty50 20208UKX 1247KOSPI 10196INDU 18144CAC 13172SHCOMP 11-41The risk of underperformance has diminished following the formation of a stable coalition, and FII inflows have improved this month. However, it is premature to be optimistic, as global sentiment remains mixed due to high inflation and interest rates. Moreover, the economy is expected to slow slightly in CY25, and valuations remain high.The outlook for the domestic stock market & economy is stable.

NEET-UG, alleging that it has handed over the entire education system to the «mafia» and the «corrupt». Her reaction came a day after the Union education ministry set up a panel to review the functioning of the National Testing Agency (NTA) — the body responsible for conducting the tests — and recommend exam reforms. The Centre on Saturday also shunted out the agency's Director General Subodh Singh and handed over the probe into the irregularities in medical entrance exam NEET-UG to the Central Bureau of Investigation (CBI). In a post on X, Priyanka Gandhi said the NEET-UG question paper was «leaked» while the NEET-PG, UGC-NET and CSIR-NET exams were «cancelled».

Dee Development Engineers is likely to finalise the share allotment on Monday. The issue was booked nearly 100 times at close on strong interest from non-institutional and institutional buyers. Investors can check the status of their share allotment on the BSE or even by logging in to the registrar website. Firstly, here's how you can know the status on BSE

waive interest and penalties on past tax demands, reduced the pre-deposit amount for filing appeals, fixed monetary limits for appeals against assessees at various legal forums and set a sunset date for anti-profiteering cases in a range of decisions aimed at easing doing business in the country. “Our intent is to make GST assessees’ life easier, simpler and less cumbersome… We are working towards less and less compliance,” Union finance minister Nirmala Sitharaman, chairperson of the body, told reporters after the council’s 53rd meeting that was held in the capital. The council will take up pending reform measures when it meets next, likely by August end. Saturday’s measures by the council at its first meeting after the formation of the new government at the Centre could bring relief to multiple sectors, including shipping, airlines, insurance and nonbanking financial companies (NBFCs) facing large tax demands, said experts.

Finance Minister Nirmala Sitharaman on Saturday said less than two per cent of the total 58.62 lakh taxpayers under Central GST administration has been sent tax notices and the intention of the government is to make GST assessees life easier by reducing compliance requirements. «I want to reassure the assesses that our intent is to make GST assessees life easier, we are working towards less and less compliance. On behalf of the CGST, notices are not being sent left, right and centre. Only 1.96 per cent of all active tax assessees have been sent notices from Central GST,» Sitharaman said. Addressing the media post the GST Council meeting, the Minister said as of December 31, 2023, only 1.96 per cent of all active tax assessees have been sent notices from the Central GST (CGST). Around 1.14 lakh assessees have been sent notices by the CGST out of total 58.62 lakh assessees. The Council in its 53rd meeting on Saturday took a host of taxpayer-friendly steps including waiving interest and penalties for demand notices for fiscal years 2017-18, 2018-19 and 2019-20, if the full tax demand is paid by March 31, 2025.

Union Finance Minister Nirmala Sitharaman on Saturday said the GST Council has fixed a monetary limit for filing appeals by the tax department before the various appellate authorities. It has recommended a monetary limit of Rs 20 lakh for GST Appellate Tribunal, Rs 1 crore for the High Court and Rs 2 crore for the Supreme Court for filing of appeals by the department before these legal forums, she said after the 53rd GST Council meeting held here. The Tax Authority would generally not go for an appeal if the monetary limit is less than the prescribed by the GST Council. The Council has also recommended that the maximum amount for pre-deposit for filing appeal before the appellate authority be reduced from Rs 25 crore CGST and Rs 25 crore SGST to Rs 20 crore CGST and Rs 20 crore SGST, she said.

GST Council meeting on Saturday recommended the reduction of Goods and Service Tax (GST) on all kinds of carton boxes from 18 per cent to 12 per cent. Himachal Pradesh has been persistently pleading for the reduction of GST on apple carton boxes and this reduction will help both horticulturists and the industry in saving costs, a statement issued here said. Industries Minister Harshwardhan Chauhan, representing the State, thanked the council for taking the decision unanimously on the proposal of the state. He said that the decision would also help the industry reduce working capital costs. The Council took a number of decisions to ease the compliance burden and grievances of small and medium taxpayers.

GST) Council at its 53rd meeting in New Delhi on Saturday decided to roll out Pan-India biometric authentication to check fake invoicing. «This will help us to combat fraudulent input tax credit claims made through fake invoices in the cases,» she added. Post-budget session, there will be another meeting.

Andhra Pradesh Finance Minister P Keshav on Saturday said the GST council has referred a recommendation on exempting the fertiliser sector from the current 5 per cent GST to the Group of Ministers on rate rationalisation. The council discussed the recommendations made by the Standing Committee on Chemicals and Fertilisers in February to reduce GST on nutrients and raw materials in the interest of fertiliser manufacturing companies and farmers. Currently, GST at a 5 per cent rate is charged on fertilisers, while raw materials like Sulphuric Acid and Ammonia face a higher GST at 18 per cent. Talking to reporters after the 53rd GST council meeting, Keshav said the proposal to reduce the GST rate on fertilisers has been referred to the Group of Ministers (GoM).

Nirmala Sitharaman on Saturday underlined Centre's support to states through timely tax devolution and GST compensation arrears to stimulate growth. At the pre-budget meeting with state finance ministers, Sitharaman also nudged states to take advantage of the scheme under which the Centre gives 50-year interest free loan to states for undertaking specified reforms. In her remarks, the Union Finance Minister underlined the union government's support to states through timely tax devolution, Finance Commission grants, and arrears of GST Compensation being provided for providing stimulus to growth, an official statement said. Regarding the 'Scheme for Special Assistance to States for Capital Investment', Sitharaman mentioned that while most of the loans are untied, a part of it is conditional-linked to citizen-centric reforms by states and sector-specific capital projects and requested the states to avail these loans by fulfilling requisite criteria.

NTA) comes under scanner owing to lapses in multiple examinations, the Ministry of Education on Saturday announced a high level committee led by former chairman of ISRO Dr. K. Radhakrishnan. «In order to ensure transparent, smooth and fair conduct of examinations through National Testing Agency (NTA), Department of Higher Education, Ministry of Education constituted a High-Level Committee of Experts to make recommendations on: Reform in mechanism of examination process, Improvement in Data Security protocols. Structure and functioning of National Testing Agency,» the ministry said in a media release. The committee has been directed to submit its report within two months and is also free to co-opt any Subject Matter Expert for assistance.

₹1,405 level.The stock recently broke above the ₹1,405 level with high volumes, signalling robust strength.This positive sentiment is further reinforced as it trades above its 20, 50, and 200-day moving averages, indicating bullish momentum.It faces a minor resistance at ₹1,435 level. Sustaining above this resistance could trigger additional upward momentum, paving the way for further gains.The Relative Strength Index (RSI) is presently at 58.11 and trending upwards, highlighting increased buying activity and further supporting the bullish outlook.Given these technical indicators, Bharti Airtel presents a compelling investment opportunity."The strong bounce from support, a significant breakout, and favourable RSI readings make it an attractive prospect for investors looking to capitalise on its upward trajectory.

Ayyannapatrudu was elected unanimously as the Speaker of the 16th Andhra Pradesh Legislative Assembly on Saturday. Addressing the Assembly, Pro-tem Speaker and TDP's Rajahmundry Rural MLA G Butchaiah Chowdary said that Janasena chief Pawan Kalyan, TDP general secretary Nara Lokesh and BJP's Staya Kumar Yadava made three proposals on behalf of Ayyannapatrudu for the Speaker's post. «As Ayyannapatrudu was the only person who filed the nomination, I declare that he has been elected as the Speaker unanimously. I extend my wholehearted congratulations to Ayyannapatrudu and request him to ascend the Speaker's chair,» said the Pro-tem Speaker. Ayyannapatrudu's election was a mere formality as no other MLA filed a nomination to challenge him.

India were able to tame varied challenges thrown at them by South Africa so far, and they will be eager to take the series to its fitting conclusion of a 3-0 margin during the third and final ODI in Bengaluru on Sunday. Currently, the margin stands 2-0 in favour of India but that insuperable position has not come without its own trials by fire. In the first match, the Indian batters had to come back from a perilous 99 for five before making a 260-plus total. The home side bowlers defended the target well too.

₹193-203 per share and a lot size of 73 shares, the ₹418.01 crore worth IPO combined a fresh issue of 1.6 crore shares, aggregating ₹325 crore, and an offer-for-sale (OFS) of 46 lakh shares, aggregating ₹93.01 crore.DEE Piping Systems IPO's latest GMP (grey market premium) is ₹88. Considering the price band of ₹203, the IPO's estimated listing price is ₹291, a premium of 43.35 per cent.The DEE Piping Systems IPO was fully subscribed on Day 1, and at the end of Day 2, the overall subscription was over 9 times.

GST) Council is likely to consider a number of measures at its meeting on Saturday that are expected to set the tone for broader tax reforms in the first full budget of the newly elected government. The council may discuss the use of GST cess amount collected from sin goods such as pan masala, cigarettes, etc. which may amount to Rs 70,000 crore. Other discussions may include the conditional waiver of interest or penalty on tax notices issued between 2017 and 2020, barring cases of wilful default and review of the decision to levy 28 per cent GST on the full value of bets for online gaming companies The GST Council may also deliberate on streamlining timelines for issuing notices, establishing monetary thresholds for pursuing disputes in the GST Appellate Tribunal, and setting a deadline for anti-profiteering cases. These reforms aim to minimize tax litigation and enhance the ease of doing business.

Gautam Gambhir addressed his future as the head coach of the men's national team and stated that he isn't «looking far ahead» as he is in a «happy space» at the moment. The Board of Control for Cricket in India (BCCI) is evaluating the next head coach as the stint of Rahul Dravid is about to reach its conclusion following the end of the T20 World Cup 2024 in June. Gambhir has been heavily linked with the role, with many former cricketers backing the 2011 World Cup winner to thrive as the head coach of the Indian team.

List of 10 best stethoscopes for nurses that help in reliable diagnosis:

Tata Motors vs Bajaj Auto: Leading Indian auto majors Tata Motors and Bajaj Auto have received bullish upgrades on their respective stocks from domestic brokerage firms after investors recently renewed their buying interest in the last few sessions. The two companies face fresh competition from Mahindra & Mahindra (M&M) and soon-to-be-listed Hyundai Motor India.