Upstox

How much do you buy a 1 Litre water bottle for?

Major market regulations are being implemented from today, 1st October: 1. Securities Transactions Tax (STT) is all set to be increased from 0.0625% to 0.1% of the premium. 2. SEBI has reduced the settlement time of Bonus Shares to T 2 from the record date. 3. Starting today, buyback proceeds will be now treated as 'Dividend Income' and will be taxed as per the income slab of the investor. Apart from these three, more changes related to TDS, NSS & PPF are being implemented. You can read about them here 👉 bit.ly/4eIpBXT

The RBI just launched a Fintech Repository, and it could be a game-changer for both policymakers and businesses. Here’s why! Led by Reserve Bank of India (RBI) Governor Shaktikanta Das, this new repository is all about gathering important data to help shape smart policies for the fintech sector. Let’s break down what it’s all about. The RBI has two main goals for this initiative: 1. Keeping up with the industry: It will gather key information on fintech companies, their activities, and how they use technology. This helps the RBI stay on top of the fast-evolving fintech world. 2. Creating Better Policies: With this data, the RBI can design policies that support fintech growth while keeping the financial system stable. This also helps in identifying risks early, ensuring a safer environment for businesses and consumers. Both regulated entities like banks and NBFCs, as well as unregulated fintech startups, will be part of this. The feedback from fintech startups has been positive! Here’s why: Startups are excited about clearer guidance from the RBI. It gives them a stable framework to innovate and grow. Being part of this initiative boosts their credibility, and they believe this data-driven approach will lead to policies that promote innovation. You can read more about this over here: bit.ly/3BuvTfq

Exciting news for Upstox! We welcome Devang M. to the Upstox family as Associate Director in our Growth & Marketing Team! 🚀 With 12 years of SEO expertise, particularly in the BFSI space, Devang has led some incredible transformations. His work has even earned him several prestigious BFSI awards in 2023.🏆 But that’s not all! Devang brings an ownership mindset and a passion for financial literacy, aiming to empower millions of Indians to take charge of their financial futures. Fun fact about Devang - When he's not driving growth, you might find Devang twirling at a Garba event, exploring new places, or diving into a good spy novel or movie! We welcome you to Upstox, Devang 🙌

Look who’s joined team Upstox 🤩 Welcome Nishant Kumar! We’re so delighted to have you onboard. 🤝 Nishant has joined Upstox as a Senior Director in our Growth & Marketing Team. With a stellar background in Finance and Fintech, plus a passion for making investing easier for millions in India, we know he’s going to reach newer heights. When we asked Nishant about his leadership approach, here’s what he said, “I’m driven by curiosity and bias for action." On the fun side, we hear Nishant is a bookworm, traveler, gym enthusiast, and a bit of a chef in the kitchen. 💪 Here’s to new adventures and exciting growth ahead! Welcome aboard, Nishant. Onwards and Upwards🚀

We all need a little Monday motivation ✌️ #motivational #bullmarket #lifeofatrader

Indian markets are trading near all-time highs, having weathered numerous short-term corrections. While domestic fundamentals remain encouraging, frothy valuations and global uncertainties raise concerns of potential corrections ahead. Our analysis suggests that five major factors could provide cushion during dips. Read on to find out more: https://bit.ly/4ghYAvZ

A decade back who would have imagined that a single “store” would sell you everything from groceries to stationery to even medicine? And that it would be delivered to you in less than 15 mins. 😱 Today, it is part of our reality. Quick commerce has made life much more convenient. And on a lighter note, it has made people more lazy. This industry is projected to grow at a CAGR of 45.4% from ~$2 bn in 2022 to ~$40 bn in 2030. Let's dive deeper into this transformation: https://lnkd.in/g2xzghMV

In the latest episode of #UpstoxOriginals, we decode the ever-growing SUV craze in India. Find out what is driving SUVs record demand and what it means for the investors interested in the automobile sector. Watch here: https://lnkd.in/d4VMr6Pg

Haldiram's is one of the largest companies in the Indian snack industry - with revenues higher than even Pepsico. Read more here: https://lnkd.in/dyBMd3ar In this article, we explore Haldiram’s journey and its product innovations that transformed it into one of India’s largest players in the sweets and snacks segment.