Govt mulls tax concessions for angel-funded start-ups Govt mulls tax concessions for angel-funded start-ups Gayathri Udyawar / Saturday, April 7, 2018 0 1332 Article rating: 5.0 The Central government is considering giving tax concession, subject to a maximum limit, to start-ups that have received investments from angel investors. The move is aimed at encouraging budding entrepreneurs in the country. Read more
Trade war between US-China aggravates further Trade war between US-China aggravates further Sanket Dewarkar / Saturday, April 7, 2018 0 1435 Article rating: 5.0 After China’s retaliation with $50 billion tariffs on 106 US products, US further aggravated the situation by imposing $100 billion worth of more tariffs on imports from China. This led to more volatility and slump in oil prices. Read more
PNB surges with volume spurt, breaches 21-day EMA level PNB surges with volume spurt, breaches 21-day EMA level Bhagyashree Vivarekar / Saturday, April 7, 2018 0 971 Article rating: 5.0 The bank which has been the talk of D-Street since the unveiling of Nirav Modi scam in January, gained as much as 5.3 per cent on Friday. The stock of PNB witnessed a kind of a Symmetric Triangle breakout on the daily time frame with volume spurt. Read more
MF Update: Equity inflows declines by 55 per cent in March MF Update: Equity inflows declines by 55 per cent in March Nikhil Desai / Saturday, April 7, 2018 0 1161 Article rating: 4.5 The total mutual fund assets base has surged over ~Rs. 22 trillion in 2017-18. This was mainly due to a vibrant secondary market, investor awareness campaigns like Mutual fund sahi hai and strong participation, especially from smaller town investors. Read more
Auto index rides on sales growth, breaches resistance Auto index rides on sales growth, breaches resistance Bhagyashree Vivarekar / Friday, April 6, 2018 0 1421 Article rating: 4.0 Nifty Auto Index is constantly rising with baby steps since March 23 from 10,560 and broke out of a small Channel pattern at 10,997 on April 02. The index broke its major resistance at 11,409 and is trailing above the said levels since April 5. Read more