AgenciesThe stock is to be excluded from the ASM framework effective May 22, according to two separate circulars available on the BSE and NSE websites.
Last week, both the exchanges had given an exit to three Adani Group stocks -- Adani Total Gas, Adani Transmission and Adani Green Energy -- from the ASM framework.
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QSR, Lifestyle Cos See Slower Sales in March Qtr, AprSales of large quick-service restaurants, lifestyle, apparel and discretionary products have slowed in the March quarter as well as in April, with companies reporting either flat, low single-digit or declining growth, as consumers downtraded to lower priced products amid higher inflation, moderation in pent-up demand and tighter financial conditions.
Credit Card Spends in Foreign Currency to Attract 20% TCSForeign currency payments such as digital subscriptions to publications or goods bought on foreign ecommerce sites through international credit cards will count toward an individual’s Liberalised Remittance Scheme (LRS) account and attract 20% tax collected at source (TCS), officials said.
Travellers Forced to Redraw Foreign Holiday BudgetsTravel industry professional Neha Sharma (name changed on request) is in a fix. She has planned a family holiday for Paris, Rome and the Amalfi Coast for July 2-14 this year and has made all her reservations through her credit card.
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