After a gap-up opening, the Nifty 50 index traded within a narrow range before closing at 23,753.45, remaining below its 200-day moving average (DMA). The market ended higher but retreated from intraday peaks, breaking a five-day losing streak. Financial stocks outperformed, with the Nifty Bank gaining over 1%.
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With record-breaking revenue collections and special drives to curb fake invoicing, 2024 marked a significant chapter in India’s Goods and Services Tax (GST) regime. Notably, we saw an all-time high GST collection of Rs 2.10 lakh crore in the month of April. But tax reform continues to remain mired in the complexity of multiple rates.GST collections during the year surpassed the Rs 1.7 lakh crore.
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Meaghan Dorman's 5 New York bars look just as full as they always do in Dec- packed with couples on dates, holiday get-togethers and business meet ups. But when takings are counted, it's clear that customers are spending less. Dorman, bar director and partner of Raines Law Room & Dear Irving bars, each with multiple locations, said customers were buying fewer expensive craft cocktails.
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