Reblog: Union Budget 2018: Key takeaways and sector-wise highlights


New Delhi: Finance Minister Arun Jaitley delivered the current government’s fifth and last full financial budget (Budget 2018 for the fiscal year 2018-19) amid subdued economic growth, challenging fiscal situation and farm distress.

While a budget covers a plethora of items and heads, the mix can leave a lot of people confused. This budget is rendered all the more important as there are elections coming up in eight states this year and the Lok Sabha election next year, all of which put tough demands on the Finance Minister.

India is the world’s fastest-growing economy, said the Finance Minister as he announced the Budget. He lauded the govt’s moves to contain black money and encourage tax formalisation. Batting for GST, he said it ensured tax simplicity, demonetisation paved the way for a digital economy.

“When the Narendra Modi government took over, India was considered to be one of the fragile five economies of the world. Our government reversed the trend,” Jaitley said.

Continue Reading





Trading Holidays 2018 for BSE & NSE


NSE has announced the list of trading holidays for the calendar year 2018. We are pleased to share the list of trading holidays for NSE & BSE below.

Holiday Date Day
Republic Day January 26, 2018 Friday
Mahashivratri February 13, 2018 Tuesday
Holi March 02, 2018 Friday
Mahavir Jayanti March 29, 2018 Thursday
Good Friday March 30, 2018 Friday
Maharashtra Day May 01, 2018 Tuesday
Independence Day August 15, 2018 Wednesday
Bakri ID August 22, 2018 Wednesday
Ganesh Chaturthi September 13, 2018 Thursday
Moharram September 20, 2018 Thursday
Mahatama Gandhi Jayanti October 02, 2018 Tuesday
Dasera October 18, 2018 Thursday
Diwali-Laxmi Pujan* November 07, 2018 Wednesday
Diwali-Balipratipada November 08, 2018 Thursday
Gurunanak Jayanti November 23, 2018 Friday
Christmas December 25, 2018 Tuesday

*Muhurat Trading will be conducted on Wednesday, November 07, 2018. Timings of Muhurat Trading shall be notified subsequently.

Holidays On Saturday / Sunday

Holiday Date Day
Ram Navami March 25, 2018 Sunday
Dr.Baba Saheb Ambedkar Jayanti April 14, 2018 Saturday
Id-Ul-Fitr (Ramzan ID)* June 16, 2018 Saturday

Holidays For Clearing & Settlement

Holiday Date Day
Chhatrapati Shivaji Maharaj Jayanti February 19, 2018 Monday
Gudi Padwa March 18, 2018 Sunday
Annual Bank Closing April 01, 2018 Sunday
Parsi New Year August 17, 2018 Friday
Id-e-Milad November 21, 2018 Wednesday

The official list is available here.

Team StockArchitect