Goods and Services Tax (GST) co-insurance and re-insurance are likely to be discussed at the next meeting of the GST Council, after the issue is examined by the fitment committee, a senior government official told Moneycontrol. Certain industry practices have been leading to non-payment of the tax, due to which clarity needs to be brought in, the official explained.

Signature Global, a realty firm, has entered into a Joint Development Agreement with a landlord for a 20-acre land in Gurugram. The project has a estimated revenue potential of Rs 4,500 crore. This is part of the company's expansion plan to tap into the growing housing demand post-COVID. They have recently signed three more JDAs and are seeing an increase in sales bookings and net profit.

Indian government bond yields declined slightly on Monday as traders awaited inflation data for both India and the US this week. The benchmark 10-year yield was at 7.0939%, down from last week's close of 7.1067%. State debt supply also fell below expectations. Analysts predict that Indian retail inflation likely eased in January, while the RBI reiterated its commitment to meeting.

SpiceJet shares dropped 4% due to a reported workforce reduction of 10-15% in order to save about Rs 100 crore. The airline is implementing other cost-saving measures and could lay off approximately 1,400 employees. This is necessary to bring costs in line with the airline's operations, which have been severely impacted by the pandemic. The airline currently operates 30 instead of 118 planes.

The RBI will hold a Rs 25,000 crore VRR auction between 12.30 pm and 1 pm today due to higher deficit liquidity in the banking system. This is the second VRR auction announced for the day and the central bank has conducted various such auctions in the past few days. Earlier, a VRR auction of Rs 25,000 crore saw bids five times the amount, but only Rs 25,007 crore were accepted at a cut-off rate.

The article discusses the story of Vikas, a 30-year-old IT engineer and investor who follows a philosophy of investing in stocks that are part of his daily lifestyle. However, his approach may not always lead to profitable investments due to the influence of familiarity bias. To optimize his portfolio, it is suggested that investors should follow a data-backed approach.

Markets traded in a narrow range with a slight decrease, continuing the consolidation period. Nifty showed mixed trends across sectors, with some performing well (pharma, energy, realty) and others seeing pressure (FMCG, banking). The US markets remain positive, providing some comfort amidst local choppiness. Consolidation expected to continue, with banking holding the key for future direction..

India is facing a growing need for blue-collar workers in the infrastructure and manufacturing sectors due to increased government spending and growth in these industries. However, there seems to be a mismatch between where these jobs are located and where the talent pool is located, as well as a preference among candidates to work in their home state.

Bandhan Bank's Q3FY24 results disappointed investors as asset quality remained elevated. The stock plunged over 7% to Rs 199 per share on February 12 and has declined 12% in the past month. Though brokerages maintained 'buy' calls, they reduced their target prices amid a forensic audit by NCGTC to assess loan evergreening. The bank's net NPA rose to 2.2%, while gross NPA declined to 7%.

The Indian rupee increased slightly against the U.S. dollar on Monday as most Asian markets were closed. Investors are waiting for inflation data from India and the U.S. to determine when the Fed may cut rates. The rupee is expected to stay within a small range, while investors wait for more solid support for appreciation.

Axis Bank is open to collaborating with Paytm, if permitted by the Reserve Bank of India. They are currently in discussions for general business services, but not specifically for any business. The bank believes that Paytm is an important player and they will work with them if given approval by the regulator.

Fredun Pharmaceuticals received Rs 28 crore in orders from Southeast Asian countries, showcasing its growth and potential. The company is also developing new molecules for pet and veterinary care. Despite a 2% decrease in stock price due to market trends, pharmaceutical stocks are performing well, with Zydus Life announcing good results and a buyback of shares worth Rs 600 crore.

This move is aimed at helping homebuyers who have been facing long delays in getting possession of their homes. In a major initiative towards resolving the housing crisis in Greater Noida, the GNIDA has announced a rehabilitation package for developers of over 6,500 stuck projects. This move is expected to benefit nearly 30 real estate companies as they can now register their apartments.

Bharat Forge Ltd, a Pune based forging firm, saw a surge of 220% in consolidated net profit in the December quarter of 2023 due to higher revenues. The defence business boosted revenues, while the Oil & Gas and Agri sectors declined. The company declared an interim dividend of Rs 2.5 per share and approved raising funds of Rs 500 crore. Exports from Indian operations grew by 36%.

Tata Motors has partnered with the Leadership Group for Industry Transition, a global alliance focused on accelerating the transition towards net-zero emissions. This membership will allow the company to learn and share best practices, influence policy-making, and work with other members to strengthen climate action plans. Their commitment to achieving net-zero emissions in their PV and CV.