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Savings Effect

Savings Effect

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Indian stock Market news in real time. Instagram page - @savingseffect Youtube Chanel coming soon. Official email - admin@savingseffect.com

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Rupee hits 2-month low of 96.53 against dollar after RBI rate hike

HubSpot is cutting around 660 jobs, or roughly 7% of its global workforce, as the software company reorganises its operations around its push to deliver AI-driven customer outcomes.

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The Reserve Bank of India (RBI) raised its key interest rate for the first time in nearly four years as rising inflation risks and a sharp shift in the global rate environment prompted the central bank to reverse its easing cycle.4

Starlink says it has kept India user data within the country and built local infrastructure as satellite internet providers await final regulatory and security approvals.

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Meesho's shares have skyrocketed nearly 60% in the last six months. With analysts divided on whether to buy now or hold, this piece delves into the stock's recent performance and key technical levels to watch for future moves.

RBI MPC meeting LIVE: Repo rate raised by 25 BPS to 5.50% RBI Governor Sanjay Malhotra announced this in this regard after the three-day Monetary Policy Committee (MPC) concluded on Wednesday. The RBI has raised the repo rate after nearly a three-year gap.

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➡️ RPSG may sell 15-20% of Lucknow IPL team ➡️ Sebi’s investor fund swells, not spending ➡️Auto firms dial up own green power ➡️GST Council may widen data sharing across government ➡️India’s services sector growth hits three-month high

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For businesses registered under the GST regime, input tax credit (ITC) allows them to offset GST paid on eligible purchases against GST collected on sales. This reduces the effective tax cost and directly impacts cash flow and working capital. From raw materials and rent to motor vehicles and construction, businesses can claim ITC on eligible expenses, but GST rules block credit for several categories.

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