💥 Gate Square Event: #PostToWinPORTALS# 💥
Post original content on Gate Square related to PORTALS, the Alpha Trading Competition, the Airdrop Campaign, or Launchpool, and get a chance to share 1,300 PORTALS rewards!
📅 Event Period: Sept 18, 2025, 18:00 – Sept 25, 2025, 24:00 (UTC+8)
📌 Related Campaigns:
Alpha Trading Competition: Join for a chance to win rewards
👉 https://www.gate.com/announcements/article/47181
Airdrop Campaign: Claim your PORTALS airdrop
👉 https://www.gate.com/announcements/article/47168
Launchpool: Stake GT to earn PORTALS
👉 https://www.gate.com/announcements/articl
Market Analysis: India's New Budget Brings Short-term Challenges to the Market
Kujten data, July 23 news, Axis Securities CEO Pranav Haridasan said that the budget for India 2024-25 brought short-term challenges to the market. He said: "The increase in capital gains tax rates and the increase in securities transaction tax (STT) are negative in the short term." He added that capital expenditure allocation remains unchanged, below market expectations. However, there are also some positive aspects. Haridasan said that the fiscal deficit target has been reduced from 5.1% in the mid-term budget to 4.9%, "showing a steady path to fiscal consolidation." The budget also emphasizes welfare projects, aiming to alleviate rural distress and support the rural economy. He expects that the initial market reaction will be temporary and will soon return to normal.