Sugar Stock Surge
Rajshree tops the chart with a 20% increase, fuelled by the ethanol push, which is a positive signal for the industry. This reflects the government's strategic
moves in the energy sector, impacting various companies within India.
FY27 Budget Prep
The Finance Ministry gears up for the FY27 budget, commencing preparations on October 9. The focus will be on key economic indicators like GDP growth, demand, and employment. This groundwork is critical for India's sustained economic progress.
GST Revenue Gains
States are projected to gain Rs 14.1 lakh crore in revenue through GST, with SBI Research supporting rationalization. The GST Council is also considering significant rate adjustments, highlighting the ongoing efforts to optimize the tax structure.
Global Economic Trends
Eurozone inflation edged up to 2.1% in August, impacting global markets. Wall Street saw a slide as AI stocks faltered. These developments, along with the Yes Bank stake sale to SMBC, reflect the interconnectedness of global finances.
Financial Tools
There are several financial tools available, including EMI, PPF, and FD calculators. These are designed to help individuals make informed financial decisions. These help Indian's plan and manage their finances.
