GST is here but investors may not like it initially; expect no major downside on D-St

ET Markets Daily Brief | Sat, Jul 01, 2017 | 03:19 PM IST Follow ET Markets

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Unified India, one tax: Market may not like it in the near term The wisdom "when everyone is fearful it is the time to buy" is so difficult to follow. Do financial experts do what they tell you to do With the power to move money comes respon-sibility. But not many really care about it. Warren Buffett about to reap $12 bn profit on BofA bet Buffett shored up confidence in BofA and its CEO, Brian Moynihan, at a critical juncture.

Interview One to One Compared to the older system, there has been a huge improvement in complexity, much greater uniformity... Arvind Subramanian , Chief Economic Adviser

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Market Watch 1 Jul | 03:19PM| SENSEX NIFTY USD/INR GOLD 30921.61 ↑64.09 9520.90 ↑16.80 64.57 ↓-0.06 28468.0 ↓-140.0

Gainers Losers 1 Jul, 2017, 03:19PM IST, PTI|View All Company Name Live Price Change (%) Volume High Low

Tweet of the day... Market gurus are sold on GST in the long term, here's why

FROM THE NEWSPAPER

D-Street week ahead: Expect no major downside Though the Nifty50 may not post major downsides, any runaway rise is equally unlikely. Bad loans at lenders poised to rise from 15-year high RBI in June ordered the banks to use the insolvency courts to find a solution for 12 debtors. There is a bigger message in farm loan waivers Till 2016, increase in minimum support price (MSP) was modest at 3-4%. ICICI Bank to raise up to Rs 25,000 crore via debt The bank had made a net profit of Rs 701.89 crore in the January-March quarter of 2015-16. Sebi asks rating agencies go seek debt info from cos Sebi said the rating agencies would have to be proactive in early detection of defaults.

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