Stock Market Today Live Updates: BSE Sensex falls over 150 points, Nifty50 slips below 25,000 in first regular trading session of Samvat 2083

The performance of benchmark indices during Samvat 2082 remained in negative territory despite a sharp recovery towards the end of the period. The BSE Sensex declined 3,398.32 points, or 4%, over the Samvat year, while the NSE Nifty lost 838.25 points, or 3.24%. The losses came despite a strong final stretch, with both benchmarks recording…

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Cheaper Scotch raises stakes for desi whisky

BENGALURU: Cheaper Scotch is putting Indian whisky makers under pressure, even as lower import duties offer savings to companies that use it in their blends. For small distillers that make their own spirits, an imported label can now cost substantially less than a locally made bottle.Huli’s rice malt whisky was launched in Karnataka at Rs…

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India’s crypto tax could hurt blockchain innovation: Buterin

MUMBAI: India’s cryptocurrency tax regime could hamper blockchain innovation and undermine the country’s potential to become a hub for building core blockchain infrastructure, Ethereum co-founder Vitalik Buterin said.Speaking on the sidelines of Devcon, Ethereum’s annual global developer conference, in Mumbai, the 32-year-old Russian-Canadian programmer said the 30% tax on crypto gains and 1% tax deducted…

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