Sun, Oct 15, 2023 11:28 AM
Breakout Stocks: How they are looking on charts?
A Flip by Shubhangi Gupta
The Centre is expected to receive an additional Rs 70,000 crore from the GST compensation cess, over and above the amount needed to repay loans taken during the Covid era. This is due to strong GST collections, with cess collections exceeding expectations. The cess, which is levied on "sin goods" such as pan masala, cigarettes, and cars, has brought in Rs 1.45 lakh crore in FY24.
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Evans Electric Ltd has delivered exceptional returns, with a 200% gain in just 1 year and a staggering 620% surge in 3 years, making it a multibagger investment. The significant returns indicate a substantial increase in the stock's value, providing investors with substantial profits. In financial terms, the stock has more than tripled in a year and multiplied by over six times in three years.
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Former US President Donald Trump reversed his stance on immigration, proposing that foreign students graduating from American universities receive automatic green cards. This move aims to retain talented students who often become successful entrepreneurs in their home countries, potentially contributing to innovation and job creation in the US.
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