Now new tax will be imposed on products like tobacco and pan masala, which will be on top of the already existing GST. This new tax will replace the compensation cess which will expire from February 1. According to the government notification, 40% GST will be levied on pan masala, cigarettes, tobacco and similar products….
Stocks to buy for the short term: The domestic stock market benchmark, Nifty 50, started the year 2026 on a positive note. The index ended 17 points, or 0.06%, up at 26,146.55 on January 1, extending gains to the second consecutive session. On Friday, 2 January, the index jumped about 0.50% to rise to an…
HONG KONG, Jan 2 (Reuters) – Hong Kong stocks kicked off 2026 on a strong note to climb to a one-month high, as renewed optimism toward China’s domestic artificial intelligence sector continued to buoy the market. ** By the midday break on Friday, the benchmark Hang Seng Index had added 2.2% to 26,189.79, its highest…
Jan 2 (Reuters) – Precious metals kick-started the New Year on a strong note on Friday, resuming their rally after unprecedented gains in 2025, as geopolitical tensions and hopes of lower interest rates this year kept safe-haven demand intact. Spot gold climbed 1.3% to $4,372.02 per ounce as of 0357 GMT, after hitting a record…
Emerging Asian stocks advanced at the start of the new year, led by gains in technology companies. Most regional currencies traded in narrow ranges. The MSCI emerging markets index rose as much as 1.1% on Friday, trading at its highest level since late October. That extends last year’s momentum, when the gauge notched gains of…
Sapphire Foods-Devyani International Merger: Sapphire Foods India Limited and Devyani International Limited announced a major merger on Thursday, January 1, 2026, the first day of the new year. According to a stock exchange filing, the plan of arrangement for merger of Sapphire Foods with Devyani has been approved by the company’s board. The deal brings…
Precious metals kicked off the New Year on a firm note, supported by strong global cues and renewed investor interest. Silver prices led the gains, with MCX silver rising 1.9%, or 4,600, to trade at 2,40,500 per kg on Multi Commodity Exchange of India. In the international market, spot silver climbed 2.1% to USD 72.75…
Stock market regulator SEBI has once again taken strict steps to protect the interests of investors. SEBI has expelled 26 people from the stock market on charges of huge manipulation in the shares of ‘DU Digital Technologies Limited’. According to the report of ET Now Swadesh, these people have been banned from trading in the…
MUMBAI, Jan 2 (Reuters) – The Indian rupee is likely to open largely flat on Friday, with traders settling into a wait-and-see mode as they assess the New Year flows after a year dominated by central bank intervention and underlying dollar demand. The non-deliverable forward indicated the rupee will open in the 89.94-89.96 range versus…
Sensex Today, Stock Market LIVE Updates: Good morning, welcome to ET NOW Swadesh’s blog for live markets coverage. Indian stock market key benchmarks Sensex and Nifty 50 are expected to have a sluggish start on Friday, January 2. The reason for this was that many global markets were closed in the last session, hence there…
