Rise With Profit: Crypto Gains Tax, GST On Food Delivery, Cocoa Futures Hit Record
This is the daily morning update from NDTV Profit. Here’s everything you need to know before you start your work day.
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A look overseas first—it was a strong day of trade on Wall Street a day before the outcome of the Federal Open Market Committee’s ongoing meeting. There’s wide anticipation that the policy rate will be cut by another 25 basis points. Overnight, the Nasdaq Composite rose another 1.2% to close at a fresh record. The S&P 500 climbed 0.4%, while the Dow ended lower by a quarter of a percent.
Meanwhile, it’s a mixed start to trade in the Asia Pacific region—two of the three early risers were trading positive, last I checked. The Kospi in South Korea was lower by 0.8% as political…
