GST CLEARS OPPOSITION; SENSEX RISES
The GST is a historic tax reform bill that seeks to unify the entire country under a single flat tax. It cleared the Rajya Sabha on Wednesday, bringing to an end the uncertainty that the Indian and global markets were feeling in the days leading up to the decision. One of the most notable gains following the decision of the Rajya Sabha was the Sensex in its gain of 17 points. Considering that the benchmark has been falling for four straight days, its gain is certainly an impressive one. Through the last four quarters, the Sensex has lost 511.1 points, so 17 points in the green is positive.