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Новости за 21.06.2024

SBI Life, Indus Towers among 5 stocks with short covering

Economictimes.indiatimes.com 

Short covering indicates a reversal in sentiment from highly bearish to bullish. During Friday's trading, five stocks experienced significant short covering activities, reflecting this shift in market outlook.

Amid scorching summer, water available in 150 main reservoirs further dips to 21%

Economictimes.indiatimes.com 

Scorching heat in India leads to a decrease in water storage, with only 21% of total capacity available in 150 main reservoirs. Central Water Commission reports a significant drop compared to last year, affecting hydroelectric projects and water supply. Southern region hit the hardest, while some areas show better storage levels than last year.

SQNS Stock Earnings: Sequans Communications Beats EPS, Misses Revenue for Q1 2024

InvestorPlace 

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

SQNS stock results show that Sequans Communications beat analyst estimates for earnings per share but missed on revenue for the first quarter of 2024.

The post SQNS Stock Earnings: Sequans Communications Beats EPS, Misses Revenue for Q1 2024 appeared first on InvestorPlace.

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IHT Stock Earnings: InnSuites Hospitality Reported Results for Q1 2025

InvestorPlace 

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

InnSuites Hospitality just reported results for the first quarter of 2025.

The post IHT Stock Earnings: InnSuites Hospitality Reported Results for Q1 2025 appeared first on InvestorPlace.

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Reduce GST slabs, hike exemption threshold for firms with up to Rs 1.5 cr turnover: GTRI

Economictimes.indiatimes.com 

The Global Trade Research Initiative (GTRI) proposed several reforms to enhance India's Goods and Services Tax (GST) system on its 7th anniversary. Recommendations include raising the GST exemption limit to Rs 1.5 crore for firms (up from Rs 40 lakh), simplifying the tax structure by reducing slabs and eliminating state-wise registration requirements. GTRI highlighted GST's role as the world's largest indirect tax platform, with over 1.46 crore registrations.