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Indian economy struggled for the last 5 years & impacted the overall project of India. Post NDA government at the center and subsequent slew of policy reform inflicted positive waves within the economy. The stringent control on black money movement and management forced many businesses to release the hoarded corps which impacted the CPI, WPI.

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Indian Government for the last many years kept on trying to bring both citizens and business entity into proper tax fold to help the country broader citizen base. Unfortunately, the lack of initiation by the previous government always kept Indian taxation system under scanner.

Indian Telecom sector is witnessing stiff competition of all time post Reliance Jio entry. Reliance Jio launched its sophisticated 4G network attached service. Reliance jio also launched LYF Smartphone brand to complete the ecosystem in order to create all in one platform.

GST slab release impacted sensex today. The slab of 12% & 18% is clever move by the government to increase taxes on the services. It is expected that sensex will be under pressure till the time fine blue print don't come out as the slab rates are higher than expected.