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The Union Budget announced a sharp hike in Securities Transaction Tax, significantly increasing trading costs in futures and options. Higher STT has pushed up breakeven levels for NIFTY futures and options trades, making short-term strategies less profitable. The move is expected to reduce F&O volumes, impact brokerages and exchanges, and increase hedging costs for asset management companies, mar
Gold prices in India differ across cities due to variations in local demand, transportation costs, jewellery-making charges, and regional market conditions. Southern states like Tamil Nadu, Andhra Pradesh, and Kerala often see higher rates because of strong cultural demand for gold jewellery. Logistics, dealer margins, and craftsmanship costs also influence pricing. Understanding these factors hel
CA Nitin Kaushik provided a reality check on LinkedIn regarding the sufficiency of a ₹1.5 lakh monthly salary in metro cities, arguing that it often amounts to “urban survival disguised as success.” He detailed how rising costs quickly erode the high figure: rent typically costs ₹30,000, combined with ₹20,000 for food/weekends, ₹25,000 for vehicle EMIs, and ₹10,000 for miscellaneous expenses, leav
Rising production costs are creating pressure for consumer goods manufacturers, but many are postponing price increases. Companies are worried that raising prices now could prompt government intervention, especially after the recent GST reductions.
