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Stocks & Funds

Indian investors can now trade in US stocks via NSE IFSC

Indian investors can now trade in eight US stocks via NSE IFSC. This platform allows Indians to invest in US stocks at a low cost as an additional investment opportunity.  The eight US stocks trading on the exchange include Amazon, Tesla, Microsoft, and Alphabet.  March 3 marks a new chapter for the Indian stock market,

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Laws & Taxes

₹1.33 trillion collected in GST revenue by the centre and state

In February, the centre and state govt collected ₹1.33 trillion in GST revenue. According to the ministry, this represents the recovery of automobile sales.  Revenue stayed above ₹1.3 trillion in the second consecutive month of February.  Furthermore, before the pandemic disrupted economic activities, GST receipts crossed ₹1.39 trillion in April 2021. Centre and state govt

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Investing

Canada invests C$240 mln for semiconductor manufacturing

Canada invests a total of C$250 million in surging its semiconductor manufacturing. The investment also covers chips research and bolster manufacturing. Semiconductors are crucial to national security and technological advancement.  François–Philippe Champagne launched the C$150 million Semiconductor Challenge Callout fund. Canada invests in the semiconductor industry The minister of innovation, science and industry launched the

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Commodities & Currency

Equity gains in FY20 earned by revenues of ₹50 lakh or more

On Monday, Revenue Secretary Tarun Bajaj said, most of the long-term capital gains from equities in FY20 came from people earning ₹50 lakh and more.  Furthermore, he said the Finance Act of 2018 on long-term capital gain has served as a fair tax.  Long term capital gains from equities in FY20 Long-term equity gains are

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Cryptocurrency

Elliptic: Ukraine’s cryptocurrency donations worth $13 million

Ukraine’s government has raised cryptocurrency donations worth $13 million, according to Elliptic. As per data from Elliptic, a blockchain analysis firm, bitcoin donations poured in after Ukraine appealed to social media.  Ukraine’s cryptocurrency and digital token donations On Saturday, Ukraine’s official Twitter account appealed for cryptocurrency donations. Ukraine’s Vice-Prime Minister and minister of digital transformation,

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Real Estate

41% Women Homebuyers in a Survey opt for 3BHK, 26% Buying for Investment

Mumbai, 28 February 2022: Women are emerging in greater numbers as key home purchase decision-makers. Over the years, an increasing number of Indian women have been making independent and individual investments in the real estate market. According to the latest ANAROCK Consumer Sentiment Survey, real estate is now the preferred investment asset class for 64%

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Cryptocurrency

Ukraine turns to crypto as Central Bank suspends e-money

The National Bank of Ukraine ordered to suspend issuing e-money. As a result, Ukrainians turn to crypto.  Electronic money refers to digital accounts platforms like PayPal and Venmo.  National Bank of Ukraine suspends e-money On Thursday, The National Bank of Ukraine released a statement including an order to suspend the foreign exchange market.  Furthermore, they

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Stocks & Funds

Reasons why serious market investors should not deter

The world is in shock as Russia launches armed forces on Ukraine. Due to the recent crisis, Indian markets are witnessing a massive selloff.  However, despite the market on a rocky mountain, serious market investors should not deter.  Furthermore, Nitasha Shankar from Yes Securities says the constant movement of investments would likely result in excessive

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Digital Money

Lottery Business in India – Ban or What? Which states allow?

What is the status of lottery business in India – Is it ban? The lottery has been a popular way of trying to win thousands, if not millions of Pounds, Dollars or Euros for many years now. However, in India the history has been trickier but ultimately just as popular as all of the other

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Cryptocurrency

New ad guidelines issued for cryptocurrency by ASCI

On Wednesday, the ASCI issued a set of ad guidelines for cryptocurrency products and NFTs. Furthermore, The guidelines apply to all adverts released or published on or after April 1.  The disclaimers issued by ASCI read, “Crypto products and NFTs are unregulated and can highly risky. There may be no regulatory recourse for any loss

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