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2025-08-20 10:59:27| The Economic Times

Denmark's government, concerned about a growing "reading crisis," plans to eliminate the 25-percent sales tax on books, currently the highest in Europe. Culture Minister Jakob Engel-Schmidt announced the proposal, estimating an annual cost of 330 million kroner ($51 million).

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2025-08-20 10:38:05| The Economic Times

Nitish Mittersain of Nazara Tech clarifies the online gaming rules impact. He states PokerBaazi stake doesn't affect consolidated revenue. A past PAT loss of 20-25 crore from Moonshine is noted. Future investments are under evaluation pending bill details. Existing investments in PokerBaazi might face write-offs. Nazara is well-capitalized with 800 crore cash.

Category: News and Media

2025-08-20 10:36:41| The Economic Times

Rajesh Bhatia of ITI MF advocates for including telecom stocks in core portfolios, highlighting tariff increases and growing free cash flow. He also favours digital economy companies like PB Fintech and Zomato, citing their rapid growth and potential profitability. Bhatia expresses less optimism about oil and gas, preferring sectors with predictable growth.

Category: News and Media

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