Factor Update May 31 2024
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Lower GST will boost India’s economy higher, says FM Nirmala Sitharaman
The new dual-slab goods and services tax (GST) structure adopts a next-generation approach to dealing with indirect taxation and will boost the economy significantly, Union finance minister Nirmala Sitharaman said. The government is preparing a package for US tariff-affected export sectors and the next wave of policy changes is being worked on at “relentless” pace,…
2 TSX Stocks Near Lows You Should Watch Now
Image source: Getty Images Canada’s primary stock exchange currently enjoys a 14% year to date, possibly due to three interest rate cuts already. Only the communications services sector (-3.47%) is losing thus far in 2024, while 10 others have positive returns. The Bank of Canada’s benchmark is 4.25%, and it seems more or bigger rate…
Nexperia says Chinese unit operating as usual as tensions with the Netherlands run high
Nexperia says Chinese unit operating as usual as tensions with the Netherlands run high Source link
Valuation Watch: 10 large-cap stocks with sky-high PE ratios – Sky High PE Stocks
A P/E ratio above 70 indicates that a company’s stock price is increasing significantly faster than its earnings. This is calculated using the latest end-of-day price and trailing twelve months (TTM) earnings per share. From the NSE large-cap pack, we have highlighted the top 10 stocks with the highest TTM P/E ratios (as of December…
