Gold price prediction: Gold’s intraday setup remains constructive with EMA crossover support, healthy RSI levels, and a positive MACD structure. (AI image) Gold price prediction today: Gold rates are touching a life-time high and a ‘buy on dips’ strategy may work, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. Here is…
File photo (Picture credit: AP) Asian shares advanced on Friday, tracking Wall Street’s record close, as investors looked ahead to key US jobs data that could pave the way for interest rate cuts by the Federal Reserve. Oil prices, meanwhile, extended losses as supply expectations grew.In Tokyo, the Nikkei 225 rose 0.9% to 42,945.16 after…
The central government’s revenue loss from the recent GST rate cuts is projected to be only around Rs 3,700 crore in FY26, cushioned by stronger consumption and higher tax collections, according to a report by the State Bank of India (SBI).As per news agency ANI, the report noted that while the government, based on FY24…
While headwinds persist from continued FII outflows and uncertainty around the US trade deal, the recent GST reforms are expected to boost consumer demand. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Friday as the market continued to react positively to GST rate cute announcements….
NEW DELHI: The rationalisation of GST sets India’s clean energy transition on turbo-charge by partially shifting the tax burden from green energy products to fossil fuels, raising the cost of oil and gas production along the ‘polluters pay’ principle. From Sept 22, renewable energy products will attract 5% GST against 12% at present, which, says…
NEW DELHI: The Centre’s single-mindedness helped it get states sign off on the massive cuts in GST rates Wednesday, making it likely that the lower prices of a whole range of goods and services become a reality much before by Diwali.While states such as Karnataka and Kerala were vocal inside when the GST Council met…
US President Donald Trump speaks during a dinner in the State Dinning Room of the White House. (Pic credit: AP) US President Donald Trump on Thursday announced that United States will impose a “fairly substantial tariff” on computer chips coming into the country, during a White House dinner with tech industry executives. “We will be…
NEW DELHI: A day after the sweeping reforms in the Goods and Services Tax (GST), Prime Minister Narendra Modi hailed, what he called, the “Diwali Dhamaka”, and said they are part of a string of reforms introduced by his govt to fulfil people’s aspirations and boost growth.“If I sum up the reforms, I can only…
President Donald Trump on Thursday (US local time) signed an executive order formally implementing the US-Japan trade agreement, a landmark pact that lowers tariffs on Japanese autos to 15% and secures a $550 billion investment pledge from Tokyo, the White House announced.The White House confirmed the move in a statement posted on X.Under the agreement,…
Donald Trump administration’s 50% tariffs on India have rendered the country’s exports uncompetitive in the US markets. (AI image) India, the world’s fastest growing major economy, is preparing to bear the brunt of US President Donald Trump’s trade war and 50% tariffs. In this backdrop, the Goods and Services Tax (GST) rate cuts couldn’t have…
