🔰 Emphasis was on to create uniformity in taxation on all assets as it is in many developed countries and tweak it marginally upwards. All listed financial assets as Long Term if held for more than 1 year, non-financial Asset will be considered long-term if held for more than 2 years. 🔰Exemptions available to shareholders […]
📍 $2 Trillion: This is what US has spent on its war on Afghanistan since 2001. A Dollar spent is a dollar earned. So if US government was shelling out, then who was receiving it? 🌟 Who was getting richer with this? Needless to say what makes you win a war? Good weapons and no […]
Markets are always tricky and unpredictable. From the perspective that BJP falling short of the majority can be nasty for the markets, to this day. Now BJP is well short of the Majority, but we have the same faces in the governance. A seemingly well-placed govt. which rides firmly on optimism of coalition and a […]
🔰 Ukraine’s drone attacks on Russian refining operations are driving up oil prices. These attacks have resulted in the shutdown of approximately 7% of Russian refining capacity, equivalent to about 370,500 barrels per day. ❗ Global Per day oil consumption is nearly 97 Million Barrel per day. 🔰 Compounding this disruption is decreased output from […]
🔰 Citing India’s stellar performance in 2023. Moody’s raises India’s GDP Forecast for 2024 to 6.8%. Earlier they projected it to be at 6.1%. A big shift. 🔰 India will remain the fastest growing large Economy for the next 2 years. I see this growth even prolonged for this decade, as China continues to Struggle. […]
🔰 There is a spree of NFO (New Fund offer) being rolled out from MFs. This is after a SEBI mandate that a fund house can only have one fund in a particular category. 📯 Fund houses create a lot of buzz around it to garner as much funds as possible. And with so much […]
🔰 The Budget for 2024-25 sets a tone of balanced growth despite fiscal consolidation (a government policy that aims to reduce deficits and debt). 🔰 The budget aims to adhere to financial discipline but at the same time focuses on higher capital outlay. KEY POINT: 1.Undivided focus on Capital Investment. 2. Income Tax Slabs remained […]
India is set to become the third-largest economy by 2030 and will be the fastest growing economy in the next three years.- S&P Global- Global Credit Outlook 2024- Report. What returns should investors Expect from Equity Markets? Markets are the reflector of the Real economy, and here I mean by ‘Real’ is the Nominal GDP, […]
🌟 As 2024 dawns, it’s a special milestone for SNMA—10 incredible years! 🎊 Thank you for a decade of trust and unwavering support. 🙏 Here’s to the journey ahead and the continued success we’ll create together!