According to a notification from the exchange, JSW Steel will replace Housing Development Finance Corporation (HDFC) in the S&P BSE Sensex. It will go into effect on July 13. Introduction In a significant development for the Indian stock market, JSW Steel is set to replace Housing Development Finance Corporation (HDFC) in the S&P BSE Sensex…
As rival companies Hero MotoCorp and Harley Davidson launch the X440 motorcycle in India, the share price of Eicher Motors falls by more than 4%. Introduction: The Motorcycle Market in India: A Battle of the Titans The news that the joint venture between Hero MotoCorp and Harley Davidson would launch the X440 motorcycle in India…
Introduction In the recent stock market shutdown, the Indian stock market witnessed a significant gain, with the Sensex closing up by almost 500 points and the Nifty up by 140 points. This surge in the market was fueled by the strong performance of various sectors, including Auto, Metal, and Bank. Notable companies such as RIL,…
Introduction Tata Motors has achieved remarkable growth in its passenger vehicle (PV) sales, in the dynamic and ever-evolving automobile industry. In the month of June 2023, Tata Motor witnessed a significant increase of 8% in its PV sales compared to the previous year. Moreover, its domestic sales showed a marginal rise of 1% during the…
Introduction GST: In June 2023, India witnessed a remarkable increase in its gross GST (Goods and Services Tax) revenue, with a growth rate of 12% compared to the previous year. The total GST revenue collected in June 2023 amounted to a staggering 1,61,497 crore. Among the various components of GST, the State Goods and Services…
