Search result for 'collection'

Bandhan Bank Q2 Business Growth: 24.6% Rise

October 6, 2024 11:56

Bandhan Bank's total business surged by 24.6% in Q2 FY25, reaching Rs 2,73,163 crore. Loans and advances stood at Rs 1,30,652 crore, while deposits touched Rs 1,42,511 crore.

Godrej Properties Q2 Sales Up 3% to Rs 5,200 cr

October 4, 2024 19:57

Godrej Properties' Q2 sale bookings rose 3% to nearly Rs 5,200 crore, driven by strong housing demand. This is the highest ever Q2 booking value for the company.

Macrotech Developers Q2 Sales Hit Record Rs 4,290 Cr

October 4, 2024 17:42

Macrotech Developers, known for its Lodha brand, reported record sales bookings of Rs 4,290 crore in Q2 FY24, a 21% YoY increase driven by strong housing demand. The company achieved its best-ever...

BSE Discontinues Weekly Index Derivatives on Sensex 50, Bankex | SEBI Directive

October 3, 2024 22:10

BSE announces the discontinuation of weekly index derivatives contracts on Sensex 50 and Bankex following Sebi's directive to curb speculative trading. Learn more.

MFIs: Asset Quality & Loan Growth Hit by Lending Limit

October 3, 2024 20:56

Utkarsh Small Finance Bank CEO discusses impact of limiting lending relationships to 4 on asset quality and loan growth. The move is aimed at improving credit discipline in the microfinance industry.

Sebi Tightens F&O Norms, Stock Broking Firms Fall

October 3, 2024 18:50

Stock broking firms like SMC Global Securities, Aditya Birla Money, and 5paisa Capital fell on Thursday after Sebi tightened F&O norms to curb speculative trading. The new regulations will become...

Adani Merges Subsidiaries with ANIL: Green Hydrogen Focus

October 2, 2024 13:48

Adani Group merges two subsidiaries with Adani New Industries Ltd (ANIL), boosting its green hydrogen and wind turbine manufacturing operations. ANIL, a subsidiary of Adani Enterprises Ltd, is...

Sebi Tightens F&O Framework to Curb Speculative Trading

October 1, 2024 19:31

Sebi has implemented stricter regulations for equity index derivatives, including increased contract sizes and upfront premium collection, to curb speculative trading and protect investors.

GST Revenue Rises 6.5% to Rs 1.73 Lakh Cr in September

October 1, 2024 18:25

India's Gross GST collection in September surged 6.5% to Rs 1.73 lakh crore, driven by strong domestic revenue and import growth. Learn more about the GST revenue trends.

BiofuelCircle Expands Rural Infrastructure, Doubling Warehouses in FY25

October 1, 2024 17:46

BiofuelCircle, a digital platform for bioenergy supply chain, plans to expand its rural infrastructure and double its rural warehouses to 35 by FY25, investing Rs 75 crore.

GNPAs to Hit Decadal Low in FY25: Crisil

October 1, 2024 17:24

India's banking system is poised for improved asset quality, with GNPAs expected to drop to 2.5% in FY25. However, Crisil flags concerns around unsecured loans and MFIs.

Sebi to Take Measures for F&O Segment, Calls for Tax Breaks on Municipal Bonds

October 1, 2024 12:24

Sebi plans to take measures for the Futures and Options (F&O) segment to protect investors, and urges tax breaks on municipal bonds to boost infrastructure funding.

States Push for Employment Data, Focused Job Creation - India News

September 30, 2024 19:29

Several Indian states advocate for creating employment data and adopting a targeted approach to generate quality jobs at a recent labor ministry meeting.

Sebi Fines Anand Rathi Rs 10 Lakh for Stock Broker Rules Violation

September 30, 2024 19:15

Sebi has penalized Anand Rathi Share and Stock Broker Rs 10 lakh for violating stock brokers' rules and other norms. The regulator found non-compliance with Sebi, NSE and BSE regulations during a...

India's Fiscal Deficit Reaches 27% of Target in Apr-Aug

September 30, 2024 16:38

India's fiscal deficit reached 27% of the full-year target in April-August, indicating a widening gap between government revenue and expenditure. The deficit stood at Rs 4,35,176 crore as of...

WB to Invest in UP Crop Residue Management: Investors Interested

September 26, 2024 20:46

World Bank Vice President Martin Raiser met with UP CM Yogi Adityanath to discuss crop residue management. Investors are interested in solving the issue and generating economic benefits.

H&M Now Available on AJIO: Shop Online

September 26, 2024 19:38

Reliance Retail's AJIO platform now features H&M's fashion collection, offering a wide range of styles for women, men, kids and home decor. Shop online for affordable, high-quality fashion.

Govt Retains Borrowing Target: Rs 6.61 Lakh Crore in H2

September 26, 2024 18:28

India's government plans to raise Rs 6.61 lakh crore through dated securities in H2 of 2024-25 to fund the revenue gap and boost economic growth. The total borrowing target for the fiscal year...

India's Growth Forecast Retained at 7%: ADB

September 25, 2024 14:51

The Asian Development Bank (ADB) has maintained India's growth forecast at 7% for the current fiscal year, citing strong agricultural performance and government spending. The outlook for the Indian...

Economists Urge Faster GDP Data Release

September 25, 2024 11:10

Economists call for a reduction in the time lag for GDP data release, emphasizing its importance for investment, business, and policy decisions. The Ministry of Statistics and Programme...

India's Growth Forecast Retained at 7% by ADB: Govt Spending, Agriculture Key

September 25, 2024 09:28

The Asian Development Bank (ADB) has retained India's growth forecast at 7% for the current fiscal, citing improved agriculture, higher government spending, and robust services exports as key drivers.

US Polo Assn Partners with Zepto for Quick-Commerce

September 24, 2024 22:31

US Polo Assn joins Zepto's quick-commerce platform, offering premium apparel and fashion delivered quickly. This partnership marks a significant leap for quick-commerce.

Biogas Sector: States Can Save Rs 50K Cr, Says Industry

September 22, 2024 11:05

Indian Biogas Association (IBA) suggests state government support, including financial incentives, to boost the biogas sector, leading to potential savings of Rs 50,000 crore.

India to Impose Retaliatory Duties on EU Steel Safeguards

September 20, 2024 20:29

India proposes retaliatory customs duties on EU's safeguard measures on steel products after failing to reach a consensus. This move follows the EU's extension of safeguard duties on steel imports,...

Rupee Rises to 2-Month High at 83.66 vs US Dollar

September 19, 2024 15:57

The Indian Rupee strengthened by 10 paise to hit a two-month high of 83.66 against the US dollar on Thursday, driven by the Fed''s rate cut and strong domestic equities.

Rupee Rises 6 Paise to 83.70 Against US Dollar

September 19, 2024 09:42

The Indian rupee strengthened against the US dollar in early trade on Thursday, driven by positive investor sentiment following the US Fed's interest rate cut and lower crude oil prices.

Direct Tax Collection Rises 16% to ₹9.95 Lakh Cr - Sep 17

September 18, 2024 20:09

India's net direct tax collection grew by 16.12% to over ₹9.95 lakh crore until September 17, driven by a significant increase in advance tax collections. The data includes details on personal...

Punjab Collects Rs 2,945 Cr via Land E-Auction

September 17, 2024 21:18

Punjab urban development authorities raise Rs 2,945 crore through e-auction of land parcels for residential and commercial projects, attracting strong public response.

Husain, Raza Paintings Headline AstaGuru Auction

September 17, 2024 18:50

AstaGuru's upcoming auction features works by MF Husain, SH Raza, Manjit Bawa, and other leading Indian artists. Discover modern and contemporary masterpieces from September 24-26.

World Bank Pledges $2 Billion to Support Bangladesh Reforms

September 17, 2024 16:26

The World Bank has pledged an additional $2 billion to Bangladesh to support critical reforms, flood response, air quality, and health. The funding aims to assist the interim government's reform...

GST Compensation Cess GoM: Finance Minister to Convene, Future of Levy to be Decided

September 15, 2024 10:33

A Group of Ministers (GoM) will be convened by Union Minister of State for Finance Pankaj Chaudhary to decide on the future of GST compensation cess, apportionment between Centre and states, and...

Tumbbad Re-release: Blockbuster Opening, Sequel Announced

September 14, 2024 16:16

Sohum Shah's 'Tumbbad' makes a triumphant return to theaters, exceeding its original opening and sparking excitement for a sequel.

Sebi Launches Centralized Fee Collection for Investment Advisers

September 13, 2024 20:59

Sebi introduces a new system for centralized fee collection by Investment Advisers and Research Analysts, aiming to enhance transparency and facilitate client payments.

Titan Expands Helios Portfolio with 10 New International Watch Brands

September 13, 2024 18:04

Titan Company plans to add 10 new international watch brands to its Helios portfolio in the next 12-18 months, aiming for 45% revenue growth. The company also plans to add 50 more Helios stores...

Hulladek Launches Project for Safe Industrial Waste Disposal

September 11, 2024 16:52

Hulladek Recycling launches Project Vishwakarma to promote safe disposal and recycling of industrial waste, partnering with companies like Emami and Diamond Beverages.

Free Highway Travel Up to 20km with GNSS

September 10, 2024 15:10

India's Ministry of Road Transport and Highways has implemented a new rule offering free travel up to 20 km on highways for private vehicles equipped with a GNSS system. Learn more about this new...

Ram Temple Construction to Generate Rs 400 Cr GST: Champat Rai

September 9, 2024 22:33

Champat Rai, general secretary of Shri Ram Janmabhoomi Teerth Kshetra Trust, estimates Rs 400 crore GST from Ram Temple construction in Ayodhya. Learn more about the temple complex and its...

Online Gaming GST: Revenue Up 412% After 28% Levy

September 9, 2024 21:18

India's GST revenue from online gaming surged 412% in six months since the implementation of a 28% tax on the sector, Finance Minister Nirmala Sitharaman announced.

GST Council to Cut Health, Life Insurance Premiums Tax in Nov

September 9, 2024 20:23

The GST Council will decide on reducing tax rates for health and life insurance premiums at its next meeting in November, following a recommendation from a Group of Ministers.

Bandhan Bank Launches GST Collection Services

September 9, 2024 19:36

Bandhan Bank introduces a new service allowing customers and non-customers to pay GST online and offline. The bank also collects taxes and non-tax receipts for the West Bengal government.

GST Council to Cut Taxes on Insurance Premiums

September 9, 2024 17:00

The GST Council is considering reducing GST on health and life insurance premiums from 18% to a lower rate. A final decision is expected at the next meeting.

Life Insurance Premium Rises 22% in August | Rs 32,644 Crore

September 9, 2024 14:54

Life insurers in India saw a 22% surge in new business premiums in August, reaching Rs 32,644 crore. The growth was driven by increased demand for insurance protection, leading to a 21% rise in...

GST Council Meeting: Insurance Premium, Online Gaming, & Fake Registrations

September 8, 2024 10:15

The GST Council will discuss insurance premium taxation, online gaming tax rates, and the status of a drive against fake GST registrations. Key decisions on tax rates and regulations are expected.

Tata Power Awards Rs 11,481 Crore Contracts to Odisha Suppliers

September 7, 2024 11:14

Tata Power-led Odisha Discoms have awarded contracts worth Rs 11,481 crore to local suppliers, boosting local businesses and economic development in the state.

US Job Market Shows Signs of Cooling, Unemployment Rate Dips

September 6, 2024 19:10

US job growth slowed in August, but the unemployment rate dipped to 4.2%, suggesting a cooling but still strong labor market. The Fed is considering interest rate cuts as inflation falls.

Ashwini Vaishnaw, Anil Kapoor on Time's AI Influencers List

September 6, 2024 15:21

Union Minister Ashwini Vaishnaw, actor Anil Kapoor, and Infosys co-founder Nandan Nilekani are among Indians named in Time's 'Most Influential People in AI 2024'. The list also includes Sundar...

Scindia: Postal Dept Can Be Profitable with Collective Effort

September 5, 2024 18:27

Union Minister Jyotiraditya Scindia envisions a profitable Department of Posts, calling for a collective effort and innovation to achieve the goal. He highlights the need for a transformational...

Malabar Gold Expands: 20 New Showrooms in October

September 5, 2024 13:18

Malabar Gold & Diamonds to open 20 new showrooms in India and abroad in October, expanding its global footprint and offering diverse jewellery collections.

Microfinance Delinquencies to Hike NBFC-MFI Credit Cost: ICRA

September 4, 2024 15:48

ICRA reports rising delinquencies in the microfinance sector will increase NBFC-MFI credit cost to 320-340 bps in 2024-25, impacting asset quality and earnings.

Pakistan Finance Minister Urges Traders to Pay Taxes

September 3, 2024 22:45

Pakistan's Finance Minister calls on traders to pay taxes to stabilize the economy, urging them to contribute to revenue collection. He highlights the need to increase the tax-to-GDP ratio for...

PMAY Extended: Labour Ministry Pushes for Inclusion of Marginalised Workers

September 3, 2024 19:30

India's Labour Ministry advocates for extending PMAY benefits to vulnerable workers, including migrant, building, and beedi workers, aiming to improve their living conditions.

India Approves Rs 2,817 Crore for Digital Agriculture Mission

September 2, 2024 19:51

India's Cabinet approves Rs 2,817 crore for the Digital Agriculture Mission, aiming to enhance farmer income and create employment opportunities through digital initiatives like AgriStack, Krishi...

Sensex Hits Record High on Rate Cut Hopes, Extends Rally

September 2, 2024 16:33

The Sensex surged for the 10th straight day, fueled by foreign fund inflows and rate cut expectations. The Nifty also hit a record high, extending its winning streak to 13 days.

Rupee Falls 7 Paise to 83.92 vs US Dollar - Latest News

September 2, 2024 16:09

The Indian Rupee depreciated 7 paise to close at 83.92 against the US Dollar, driven by weak macroeconomic data but supported by positive domestic markets, easing crude oil prices, and a weaker US...

Sensex, Nifty Hit All-Time Highs: Foreign Fund Inflows Drive Rally

September 2, 2024 15:54

Indian benchmark indices Sensex and Nifty reached new all-time highs on Monday, driven by foreign fund inflows and a rally in US markets. US rate cut hopes and renewed FII investments fueled the...

Rupee Falls 3 Paise to 83.88 vs US Dollar

September 2, 2024 10:07

Rupee depreciates 3 paise to 83.88 against the US dollar in early trade on Monday, influenced by fluctuating crude oil prices and volatility in international dollar trade. Positive domestic equity...

GST Collections Rise 10% to Rs 1.75 Lakh Cr in August

September 1, 2024 17:28

India's Gross GST collections in August 2024 surged by 10% to Rs 1.75 lakh crore, driven by a 9.2% rise in domestic revenue and a 12.1% increase in import collections.

NCOL Inks Pact for Uttarakhand Organic Produce: Shah Pushes for 100% Organic State

August 30, 2024 20:07

NCOL signs an MoU with Uttarakhand for organic produce procurement. Union Minister Amit Shah urges the state to transition to 100% organic farming, citing health and economic benefits.

India's Fiscal Deficit Hits 17.2% in First 4 Months: CGA Data

August 30, 2024 18:43

India's fiscal deficit reached 17.2% of the full-year target in April-July, driven by lower capital expenditure and higher revenue receipts. Learn more about the fiscal deficit and its impact on...

Sebi Receives 6,000 F''O Trading Suggestions

August 29, 2024 12:49

Sebi received 6,000 suggestions on its consultation paper on F''O trading, aimed at investor protection and market stability. The regulator is exploring AI-powered technologies for surveillance.

Sebi Chief: Industry Supports Small & Medium REIT Regulations

August 29, 2024 12:14

Sebi chief Madhabi Puri Buch says industry players welcomed regulations for small and medium REITs, aimed at increasing investor interest in fractional ownership of real estate assets.

GST Council to Discuss Rate Rationalization on Sep 9

August 27, 2024 19:42

India's GST Council will meet on September 9 to discuss rate rationalization and compensation cess on luxury and sin goods. The Finance Minister has stated that a final decision will be taken later.

India: Centre Urges States for Tech-Driven Farm Data

August 22, 2024 17:48

India's agriculture ministry urges states to adopt new technology initiatives like Digital Crop Survey and DGCES to improve farm data accuracy and production estimates.

India Economic Growth Forecast: 6.5-7% in FY25 | FinMin Report

August 22, 2024 16:12

India's economic momentum remains strong despite monsoon fluctuations, with real GDP growth projected at 6.5-7% in FY25, according to a finance ministry report.

Macrotech Developers to Launch Rs 11,980cr Properties Amid Strong Demand

August 22, 2024 15:20

Macrotech Developers, known for its Lodha brand, plans to launch Rs 11,980 crore worth of properties by March 2025, capitalizing on strong housing demand. The company saw a 20% growth in sale...

Bajaj Allianz, HSBC Partner for Bancassurance in India

August 21, 2024 17:58

Bajaj Allianz General Insurance and HSBC India have partnered to offer insurance products and services to the bank's customers in India, providing personalized solutions and enhanced financial...

TOTO Expands in India: Targeting Tier-II & III Cities

August 21, 2024 15:12

Japanese sanitaryware maker TOTO is expanding its presence in India's Tier-II & III cities, driven by urbanization, rising incomes and growing hygiene awareness. The company plans to launch new...

Ruloans & UGRO Capital Partner for Rooftop Solar Finance

August 20, 2024 19:53

Ruloans partners with UGRO Capital to enter the rooftop solar finance market, offering loans to customers and capitalizing on India's growing renewable energy sector.

Innovision IPO: Manpower Services Company Files for Rs 315 Cr Issue

August 20, 2024 19:46

Haryana-based Innovision Ltd files IPO papers with Sebi to raise Rs 315 crore via fresh issue and OFS. The company provides manpower services, toll plaza management and skill development training.

Finance Minister Urges PSBs to Boost Deposit Growth

August 19, 2024 17:12

India's Finance Minister Nirmala Sitharaman met with public sector banks to address concerns over deposit growth, urging them to improve deposit mobilization and introduce innovative products.

Leather Exporters to Visit Russia for Business Opportunities

August 19, 2024 11:11

Indian leather exporters will visit Russia from August 26 to explore investment opportunities and tap into the growing export market. The delegation aims to boost bilateral trade and overcome...

Macrotech Developers's Net Debt Rises 43.5% in Q1

August 18, 2024 12:51

Macrotech Developers's net debt increased to Rs 4,320 crore in Q1 FY25 due to higher capex for land and construction. The company saw strong sales bookings and a significant jump in net profit.

CBDT Orders I-T Dept to Crack Down on Cash Transactions at Hotels, Hospitals

August 17, 2024 14:30

The CBDT has directed the I-T department to investigate high-value cash transactions in sectors like hotels, hospitals, and luxury brands to curb tax evasion.

NITI Aayog Calls for PMMY Loan Guidelines & E-KYC

August 16, 2024 15:44

NITI Aayog recommends guidelines and E-KYC for PMMY loan applicants to enhance creditworthiness assessment and background verification, ensuring loan sustainability and success.

Sebi Proposes AI Tool Disclosure for Investment Advisers

August 15, 2024 13:41

Sebi proposes that Investment Advisers and Research Analysts using AI tools in their services must disclose the extent of usage to clients. This is to ensure transparency and mitigate potential...

Telcos AGR Rises 8% to Rs 2.7 Lakh Cr in FY24

August 14, 2024 20:36

India's telecom operators' AGR increased by 8.24% to Rs 2.7 lakh crore in FY24, while government SUC collection dropped by 32.2%. Read more about the Telecom Regulatory Authority of India's (TRAI)...

Rupee Remains Steady at 83.97 Against US Dollar

August 13, 2024 15:47

The Indian rupee closed at 83.97 against the US dollar on Tuesday, influenced by weak domestic markets and rising oil prices. Geopolitical tensions also played a role.

Stree 2 Leads Independence Day Releases: Box Office Predictions

August 13, 2024 14:57

Stree 2, Vedaa, and Khel Khel Mein clash on Independence Day. Experts predict Stree 2 to lead, but multiple releases may affect box office.

India's Direct Tax Collection Surges 22% to Rs 6.93 Lakh Crore

August 12, 2024 20:13

India's net direct tax collection rose by 22.48% to Rs 6.93 lakh crore in the current fiscal year, driven by strong personal and corporate income tax collections.

Life Insurance Premium Surges 14% in July

August 12, 2024 20:03

Life insurance premiums in India grew by 14% in July, reaching Rs 31,823 crore, driven by strong demand for insurance protection. LIC saw a significant jump in new business premium.

REA India Revenue Up 31% to Rs 563 Cr in FY'24: Housing.com, PropTiger Growth

August 12, 2024 18:19

REA India, owner of Housing.com and PropTiger, reported a 31% revenue increase to Rs 563 crore in FY'24 driven by strong residential property demand. Read more.

REA India Revenue Surges 31% to Rs 563 Cr in FY24

August 12, 2024 15:54

REA India, owner of Housing.com and PropTiger, reports a 31% revenue increase to Rs 563 crore in FY24, driven by strong demand for residential properties.

REA India Revenue Surges 31% to Rs 563 Cr in FY'24

August 12, 2024 15:01

REA India, the parent company of Housing.com, saw a 31% jump in revenue to Rs 563 crore in FY'24, driven by strong residential property demand. The company's revenue from advertising, brokerage and...

Housing.com Parent REA India Revenue Up 31% in FY24

August 12, 2024 12:29

REA India, parent company of Housing.com and PropTiger, saw revenue surge 31% to Rs 563 crore in FY24, driven by strong residential property demand.

Sebi's F''O Norms: Impact on Exchanges 'Brokers'?

August 11, 2024 13:46

Sebi's proposed F''O regulations could significantly impact stock exchanges and brokers, with potential volume drops and reduced earnings. Learn about the proposed measures and their implications.

Sebi's Focus on Investor Information Quality & Capital Formation

August 9, 2024 18:30

Sebi plans new institutions to improve investor information quality and is focusing on capital formation for real estate and infrastructure. Learn about initiatives for REITs, InvITs, and...

IRB Infrastructures Q1 Profit Rises to Rs 140 Cr | Business News

August 9, 2024 14:56

IRB Infrastructures Developers Ltd reported a 5% rise in Q1 FY25 profit to Rs 140 crore, driven by higher income. The company's toll collection also saw a significant increase.

Sobha Net Profit Drops 50% in Q1 FY25 | Real Estate News

August 8, 2024 20:22

Realty firm Sobha Ltd reported a 50% decline in net profit to Rs 6.05 crore in Q1 FY25, despite strong housing demand. Learn more about Sobha's financial performance and future outlook.

Ajmera Realty Q1 Profit Jumps 49% to Rs 31.43 cr - PTI

August 8, 2024 17:00

Ajmera Realty & Infra India reported a 49% rise in Q1 net profit to Rs 31.43 cr, driven by strong sales and collection efficiency. Read more.

China's Tax Crackdown: Local Governments Chase Unpaid Bills

August 8, 2024 10:25

Facing budget shortfalls, China is cracking down on unpaid taxes, targeting companies and individuals for decades-old debts. This comes as the government grapples with a mounting debt crisis and a...

Truck Rentals Rebound Ahead of Festival Season

August 7, 2024 22:01

Truck rentals rebounded in July as manufacturers moved goods ahead of the festival season. Commercial vehicle sales also saw growth, driven by the Kharif harvest and festive demand.

Housing Prices to Rise 5-6%: ICRA

August 7, 2024 16:39

ICRA forecasts a 5-6% increase in average housing prices in India this fiscal year, driven by a shift towards luxury homes. Learn more about the real estate outlook.

Cummins India Profit Soars 33% to Rs 420 Crore in Q1 FY25

August 6, 2024 21:39

Cummins India reported a 33% year-on-year jump in net profit to Rs 419.80 crore in the April-June 2024 quarter, driven by strong domestic demand, especially from the industrial sector.

JSW MG Motor: Unified Charging, EV Education & Battery Reuse

August 6, 2024 16:55

JSW MG Motor India is accelerating EV adoption with initiatives like a unified charging platform, battery second-life project, and EV education programs.

BCCI Paid Rs 2,038 Crore GST in FY23-24: Parliament

August 6, 2024 15:04

The Board of Control for Cricket in India (BCCI) paid Rs 2,038.55 crore in GST revenue for the fiscal years 2022-23 and 2023-24, Parliament was informed. The BCCI is currently in a legal battle...

Govt Collects Rs 8,263 cr GST on Health Insurance in FY24

August 5, 2024 16:08

India's government collected Rs 8,263 crore in GST on health insurance premiums during the 2023-24 fiscal year, with exemptions for certain schemes targeting the underprivileged.

Mudra Loan NPAs Fall to 3.4%: Sitharaman

August 5, 2024 14:38

Public sector banks' non-performing assets (NPAs) associated with Mudra loans have declined to 3.4% in 2023-24, according to Finance Minister Nirmala Sitharaman.

Godrej Properties Net Debt Rises 20% in June Quarter

August 5, 2024 13:42

Godrej Properties' net debt increased by 20% in the June quarter, reaching Rs 7,432 crore due to higher capex. The company reported a strong performance with a four-fold jump in net profit and...

Zomato Collects Rs 83 Crore Platform Fee: FY24 Report

August 4, 2024 16:20

Zomato's annual report reveals Rs 83 crore collected in platform fees from August 2023 to March 2024, contributing to revenue growth. The fee, introduced last year, is seen as a way to improve...

Dharavi Redevelopment: Resident Body Supports Survey, Adani Project Gets Boost

August 4, 2024 14:10

A newly formed resident association in Dharavi supports the ongoing survey for the USD 3 billion redevelopment project, giving the Adani Group-led initiative a boost. The survey is crucial for the...

Warren Buffett Cuts Apple Stake: Berkshire Hathaway's Q2 Surprise

August 4, 2024 03:20

Warren Buffett's Berkshire Hathaway slashed its Apple stake in the second quarter, sending shockwaves through the market. Experts weigh in on the implications of this move, which could signal a...

Tax System Simplification: Govt Committed to Fairness & Equity

August 3, 2024 21:04

India's Revenue Secretary highlights the government's commitment to simplifying the tax system, reducing disputes, and fostering economic growth through responsible fiscal policies.

IMF Praises Sri Lanka's Recovery, Calls for More Revenue

August 2, 2024 18:57

The IMF commends Sri Lanka's economic recovery under its bailout program, highlighting positive outcomes like GDP growth and inflation control. However, it emphasizes the need for further revenue...

Rupee Closes Lower at 83.75 Against US Dollar

August 2, 2024 15:52

The Indian rupee settled 2 paise lower at 83.75 against the US dollar on Friday, negated by sell-offs in domestic and global equity markets. Learn more.

Sensex, Nifty Fall on Global Cues: Market Update

August 2, 2024 10:14

Indian stock markets, Sensex and Nifty, tumbled in early trade due to profit booking and weak global cues. Selling in Reliance and ICICI Bank also weighed on sentiment.

Rupee Flat at 83.73 vs US Dollar | Indian Currency News

August 2, 2024 09:39

The Indian Rupee remained stable at 83.73 against the US Dollar in early trade on Friday, influenced by weak equity markets and rising crude oil prices. Learn more about the factors impacting the...

Telecom Operators Restore Connectivity in Wayanad Landslides

August 1, 2024 21:46

Telecom operators in Kerala have stepped up to restore and augment connectivity in landslide-hit Wayanad, providing support to rescue teams and the public. BSNL, Airtel, Jio, and Vodafone Idea are...

GST Collections Rise 10.3% in July to Rs 1.82 Lakh Cr

August 1, 2024 18:42

India's GST collections surged by 10.3% in July, reaching over Rs 1.82 lakh crore, driven by a growth in domestic activities and imports. Learn more about the latest GST revenue figures.

Union Budget 2024-25: Balanced Growth, Fiscal Consolidation

July 31, 2024 19:23

Finance Minister Nirmala Sitharaman defends Union Budget 2024-25, highlighting growth, employment, fiscal consolidation, and cooperative federalism.

India's Fiscal Deficit Reaches 8.1% in Q1 FY25: CGA Data

July 31, 2024 17:19

India's fiscal deficit reached 8.1% of the full-year target in the first quarter of FY25, according to CGA data. The government aims to bring down the fiscal deficit to 4.9% of GDP in FY25.

Sebi''s Proposal to Curb Index Derivatives Volatility: Impact & Expert Views

July 31, 2024 16:38

Sebi proposes stricter rules for index derivatives to reduce volatility & protect investors, but experts warn of potential volume erosion. Learn about the impact and expert opinions on the...

Attero Starts E-Waste Collection from Homes, Targets Rs 100 Cr Revenue

July 31, 2024 15:18

Attero launches Selsmart, an e-waste collection platform for households, aiming to collect 14,000 MT of e-waste and generate Rs 100 crore revenue this year. The company plans to expand its services...

Godrej Properties Q1 Profit Soars 4-Fold to Rs 520 Cr, Sales Bookings Up to Rs 8,637 Cr

July 31, 2024 13:11

Godrej Properties reported a 4-fold jump in Q1 profit to Rs 520 cr and a significant increase in sales bookings to Rs 8,637 cr. The company's strong performance reflects robust housing demand.

Sebi Proposes Steps to Strengthen Index Derivatives Framework

July 30, 2024 19:28

Sebi proposes measures to curb speculation in index derivatives, including revised minimum contract sizes, upfront option premiums, and rationalized strike prices, aiming to protect investors.

Uber & Penguin Launch #UberReads: Library on Wheels

July 30, 2024 18:29

Uber and Penguin Random House India partner for #UberReads, a unique initiative featuring a library on wheels on Uber Shuttle buses in Delhi-NCR. Enjoy reading on the go with a diverse collection...

ADB Funds Solid Waste Management in 100 Indian Cities

July 30, 2024 16:31

The Asian Development Bank has committed a USD 200 million loan to improve solid waste management and sanitation in 100 Indian cities under the Swachh Bharat Mission 2.0.

Govt Collects Rs 98,681 cr from LTCG on Equities in FY23

July 30, 2024 14:16

India's government collected Rs 98,681 crore from long term capital gains tax on listed equities in FY23, a 15% increase over the previous year. The budget for FY24 hiked the LTCG tax to 12.5% and...

Invicta Diagnostics IPO: Aims for Rs 60 Cr Revenue by FY27

July 30, 2024 13:03

Invicta Diagnostics plans to go public to fund its expansion, aiming for Rs 60 crore revenue by FY27. The Mumbai-based diagnostic services provider has seen significant growth since its inception...

India's Digital Economy to Reach 20% of GDP by 2026: RBI Report

July 29, 2024 16:25

A new RBI report predicts India's digital economy will grow significantly, reaching 20% of GDP by 2026. The report highlights the impact of digitalization on finance, banking, and the economy.

White Matter Advisory Acquires 90% Stake in Fairexpay

July 29, 2024 16:18

White Matter Advisory acquires 90% stake in fintech startup Fairexpay, expanding its cross-border remittance and fund collection services. The acquisition leverages Fairexpay's advanced technology...

NFIR Bill in Advanced Stage: Likely to be Introduced in Next Session

July 28, 2024 14:37

The Bill for establishing a National Financial Information Registry (NFIR) is nearing completion and could be introduced in the next Parliamentary session. The NFIR aims to streamline credit flow,...

Equity Mutual Funds Surge 5-Fold in June Quarter

July 28, 2024 11:00

Investment in equity mutual funds surged over five-fold to Rs 94,151 crore in the June 2024 quarter driven by a strong economic environment, supportive government policies and investor confidence.

KingsCraft Aims for Rs 50 Cr Revenue from Underrated Club

July 26, 2024 18:34

KingsCraft Online Brands, a Pune-based company, aims to achieve Rs 50 crore revenue from its new e-commerce platform, Underrated Club, in FY25. The company plans to expand its reach through a...

Bandhan Bank Q1FY25 Net Profit Jumps 47% to Rs 1,063 Crore

July 26, 2024 17:05

Bandhan Bank reported a 47% increase in net profit to Rs 1,063 crore in Q1FY25, driven by strong growth in operating profit and net interest income. Gross NPA also declined.

DLF Plans Rs 1.04 Lakh Crore Real Estate Projects

July 26, 2024 12:48

Realty major DLF plans to launch 37 million sq ft of real estate projects across various cities with a revenue potential of Rs 1.04 lakh crore, driven by strong demand for luxury homes.

DLF Sales Bookings Surge 3-Fold to Rs 6,404 Cr in Q1 | Luxury Housing Demand

July 26, 2024 09:26

DLF's Q1 sales bookings jumped to Rs 6,404 crore driven by luxury home demand. The company's 'DLF Privana West' project contributed significantly to the growth.

DLF Q1 Profit Up 23%, Sales Bookings Surge - PTI

July 25, 2024 19:46

DLF reports a 23% jump in Q1 profit to Rs 645.61 crore, driven by strong housing demand. Sales bookings soar over 3-fold to Rs 6,404 crore, with Privana West selling out.

Budget Assumes 10.5% Nominal GDP Growth: DEA Secy

July 24, 2024 20:44

India's budget assumes a nominal GDP growth rate of 10.5%, deemed reasonable by the DEA Secretary, to maintain fiscal prudence and avoid a larger deficit. The government has also lowered the fiscal...

Suraksha Diagnostic Files IPO Papers with Sebi

July 24, 2024 17:50

Suraksha Diagnostic, a Kolkata-based integrated diagnostic chain, has filed IPO papers with Sebi, consisting of an Offer for Sale of up to 1.92 crore shares. The IPO will see promoters and...

GNSS-Based Toll Collection on NHs: Gadkari's Announcement

July 24, 2024 17:20

India's road ministry plans to implement a GNSS-based toll collection system on select national highways, complementing FASTag. The announcement was made by Union Minister Nitin Gadkari.

M&M Financial Services Q1 Profit Surges 45% to Rs 513 Cr

July 23, 2024 21:44

Mahindra & Mahindra Financial Services reported a 45% jump in June quarter net profit to Rs 513 crore, driven by strong loan growth and improved asset quality.

India's General Govt Debt to Stabilize Above 80% of GDP: Moody's

July 23, 2024 19:34

Moody's projects India's general government debt to stabilize above 80% of GDP over the next three years, down from 89.3% in 2020-21. The rating agency expects interest payments to fall to 24% of...

Budget 2024-25: Fiscal Prudence & Economic Growth

July 23, 2024 17:11

Experts applaud India's Union Budget 2024-25 for maintaining fiscal prudence, focusing on capital expenditure and targeting a 4.9% fiscal deficit. The budget aims to stimulate economic growth and...

Modi 3.0 Budget: Tax Relief, Job Scheme & More

July 23, 2024 15:07

India's Finance Minister Nirmala Sitharaman unveiled Modi 3.0 government's first budget, focusing on tax relief for middle class, a Rs 2 lakh crore job creation scheme, and infrastructure spending.

Govt Cuts Borrowing Target for FY25 to Rs 14.01 Lakh Cr

July 23, 2024 14:48

India's government has revised its borrowing target for FY25 downward to Rs 14.01 lakh crore, reflecting improved tax collection. The move aims to reduce the fiscal deficit and maintain economic...

Union Budget 2024-25: Direct & Indirect Taxes Drive Govt Revenue

July 23, 2024 14:34

India's Union Budget 2024-25 relies heavily on direct and indirect taxes, contributing 63 paise per rupee. Learn about the breakdown of revenue sources and expenditure allocation.

India Budget 2024: Key Numbers & Fiscal Outlook

July 23, 2024 09:57

India's Finance Minister presents the 2024 budget, focusing on fiscal deficit, capital expenditure, tax revenue, and growth projections for the world's fastest-growing economy.

India Budget 2024: Key Numbers to Watch

July 22, 2024 19:48

India's Finance Minister will present the 2024 Budget, focusing on 'Viksit Bharat'. Key areas include fiscal deficit, capital expenditure, tax revenue, and GST.

Telecom R&D: Govt Allocates 5% of USOF for Tech Development

July 22, 2024 13:57

India's Economic Survey 2023-24 announces allocation of 5% of USOF for telecom R&D, aiming to boost technology innovation and development of 5G and 6G services.

Indian Garment Exports to Japan: Huge Potential & FTA Advantage

July 21, 2024 18:56

AEPC highlights India's potential to export garments to Japan, urging domestic industry to leverage the Indo-Japan FTA. India's share in Japan's garment imports is just 1.37%, leaving room for growth.

RBL Bank Q1 Net Profit Jumps 29% to Rs 372 cr

July 20, 2024 15:20

RBL Bank's net profit surged 29% to Rs 372 crore in Q1 FY24, driven by strong loan growth and deposit mobilization. Read more.

Reliance Retail Adds 30 Metro Stores, Total Crosses 200

July 19, 2024 21:19

Reliance Retail expanded its Metro Cash & Carry stores to over 200 in Q1, adding 30 new locations. The company also saw growth in other segments, including fashion, electronics, and F&B.

Bharti Airtel Wins CBDT Contract for Taxnet-2.0 Network Solutions

July 18, 2024 22:13

Bharti Airtel has secured a multi-year contract from the Central Board of Direct Taxes (CBDT) to provide network solutions for Taxnet-2.0, a program aimed at modernizing direct tax operations.

Union Budget 2024: MSME Loan Limit, Tax Relief & More

July 18, 2024 18:13

Experts suggest doubling MUDRA loan limit, tax benefits for home loans & startups, and increased healthcare spending in the upcoming Union Budget.

NEWME: Gen Z Fashion Brand Expanding Offline & Online

July 18, 2024 12:00

NEWME, a Gen Z fashion brand, is expanding its reach with 40-50 new stores across India, complementing its online platform. Learn about their growth strategy, funding, and vision for the future.

DLF Expands Housing & Commercial Biz, Enters Mumbai & Goa

July 17, 2024 15:56

Real estate giant DLF is expanding its residential and commercial property portfolio, entering new markets like Mumbai and Goa. Chairman Rajiv Singh outlines the company's growth strategy and...

India's Wind Sector Cybersecurity: Threats & Measures

July 15, 2024 20:50

Niti Aayog calls for robust security measures to protect India's wind sector from cyber threats posed by imported components, especially from China.

HDFC Life Q1 Profit Jumps 15% to Rs 478 Cr | Business News

July 15, 2024 19:19

HDFC Life's net profit rose 15% to Rs 478 crore in Q1 FY24, driven by a 10% increase in total premium. New business premium collection also grew 9%.

PC Jeweller to Raise Rs 2,705 Cr via Warrants

July 14, 2024 13:32

PC Jeweller plans to raise Rs 2,705 crore through warrants to settle bank loans and boost working capital. Promoters will contribute Rs 850 crore, with the rest coming from investors.

Macrotech Developers Acquires Land in Mumbai, Pune

July 14, 2024 12:49

Macrotech Developers, the builder behind the Lodha brand, has acquired 3 land parcels in Mumbai and Pune for new projects, aiming for Rs 11,000 crore in revenue.

Macrotech Developers Q1 Sale Bookings Up 20% to Rs 4,030 Cr

July 13, 2024 12:02

Macrotech Developers reported a 20% rise in Q1 sale bookings to Rs 4,030 crore, driven by strong housing demand. The company also announced plans for new project launches in Mumbai, Pune, and...

Direct Tax Collection Rises 20% to Rs 5.74 Lakh Cr | India News

July 13, 2024 11:10

India's net direct tax collection surged 19.54% to over Rs 5.74 lakh crore in FY25, driven by a significant increase in advance tax payments by corporates. Learn more about the tax collection...

Pakistan Secures $7 Billion IMF Loan for Economic Stability

July 13, 2024 11:09

Pakistan has secured a $7 billion loan from the IMF to address its economic challenges, including strengthening fiscal and monetary policies and boosting growth. The agreement follows a recent...

GeM Procurement Crosses Rs 1.24 Lakh Cr in Q1: To Become World's Largest

July 11, 2024 15:20

Government e-Marketplace (GeM) procurement surpasses Rs 1.24 lakh crore in Q1 FY24-25, propelling it to become the world's largest platform by year-end. The platform boasts over 1.5 lakh government...

Haryana CM Approves Projects for Gurugram, Faridabad, Sonipat, Panchkula

July 10, 2024 21:45

Haryana CM Nayab Singh Saini approved various projects for Gurugram, Faridabad, Sonipat and Panchkula Metropolitan Development Authorities including water treatment plants, CCTV cameras and flyovers.

Signature Global to Invest Rs 2,500 Cr in FY25 Housing Projects

July 10, 2024 14:26

Signature Global plans to invest Rs 2,500 crore in construction this fiscal, aiming for Rs 10,000 crore in sales bookings. The company is also expanding into new markets.

University Living Acquires Stake in StudentTenant

July 9, 2024 20:09

University Living, a global student housing marketplace, acquires a 51% stake in UK-based StudentTenant, expanding its reach and enhancing services for students worldwide.

Bandhan Bank Launches Products for International Trade

July 9, 2024 14:43

Bandhan Bank introduces new products for international trade, including letters of credit, remittances, and bank guarantees, to support SMEs and corporates.

Sumitomo Mitsui, BNP Paribas Open Branches in GIFT-IFSC

July 8, 2024 20:32

Sumitomo Mitsui Banking Corporation and BNP Paribas have opened branches in the GIFT-IFSC, expanding their operations in India. The branches will focus on foreign currency lending and attracting...

Life Insurance Premiums Surge 23% in Q1 FY25

July 8, 2024 18:33

Life insurance new business premiums in India rose 23% in Q1 FY25, driven by strong demand for individual policies. Read more about the growth in premium collection and policy issuances.

PC Jewellers Secures PNB Approval for Debt Settlement

July 7, 2024 20:59

PC Jewellers has received approval from Punjab National Bank for a one-time settlement of its outstanding dues, including cash and equity components. This follows the company's efforts to...

Sebi Expert Group Discusses Proposals to Tame F&O Frenzy

July 7, 2024 15:00

Sebi's expert group is discussing 7 proposals to protect investors from risks in index and stock option trading, including rationalization of options and strike prices, and increased margin...

Signature Global Q1 Sales Surge 3.5x to Rs 3,120 Cr

July 7, 2024 10:45

Signature Global's Q1 sales bookings jumped 3.5 times to Rs 3,120 crore on strong demand for its housing projects, driven by a surge in demand post-COVID. The company has ambitious sales targets...

DPIIT & NCAER Partner to Assess Logistics Costs in India

July 5, 2024 20:12

DPIIT and NCAER collaborate to develop a framework for assessing logistics costs in India, aiming to reduce logistics cost as a percentage of GDP.

RJio Tops AGR at Rs 25,331 cr, Airtel Growth, Govt Fee Rises

July 4, 2024 22:24

Reliance Jio's AGR reached Rs 25,331 cr in Q4 FY24, while Airtel saw the steepest growth. Govt's telecom revenue collection rose by 10% YoY.

GST Revenue Sacrifice: Former CEA Subramanian on Compensation &' Reforms

July 4, 2024 20:24

Former CEA Arvind Subramanian says Centre sacrificed significant GST revenue to compensate states, questioning the need for further reforms in the current climate.

India State Revenues to Grow 8-10% in FY24: CRISIL

July 3, 2024 16:00

Revenues of top 18 Indian states are projected to grow 8-10% this fiscal year, driven by robust GST collections and central devolutions, according to a CRISIL Ratings report.

Global AI Risks: Vaishnaw Calls for Collective Action

July 3, 2024 12:26

Union Minister Ashwini Vaishnaw stresses global cooperation to address AI risks and dangers, highlighting the need for a comprehensive India AI Mission to be launched soon.

Sensex, Nifty Hit All-Time Highs, Close Flat | Stock Market News

July 2, 2024 15:53

Indian stock markets, Sensex and Nifty, hit fresh record highs but ended flat due to profit-booking in banking and telecom sectors. Read more.

Sensex, Nifty Hit All-Time Highs in Early Trade

July 2, 2024 09:56

Indian stock market benchmarks Sensex and Nifty reached new record highs in early trade on Tuesday, driven by gains in IT stocks and global market rally. Read more.

GST Collection Rises 8% to Rs 1.74 Lakh Cr in June

July 1, 2024 20:49

India's GST collection surged to Rs 1.74 lakh crore in June, marking an 8% increase. This strong performance reflects a robust economy and business compliance. The government has discontinued...

Odisha GST Collection Grows 13.87% in June

July 1, 2024 20:39

Odisha's gross GST collection in June 2024 was Rs 4,987.27 crore, up 13.87% from the previous year. Learn more about the state's GST revenue growth.

India Manufacturing Growth Surges in June, Record Employment | PMI

July 1, 2024 11:45

India's manufacturing sector saw a sharp uptick in June, driven by strong demand and a record increase in employment, according to the HSBC India Manufacturing PMI.

GST: Simplified Compliance, Challenges Remain

June 30, 2024 16:45

India's GST has boosted tax revenue and simplified compliance, but fake invoices and fraudulent registration remain major concerns. Learn more about the impact of GST on Indian economy.

Mumbai Property Registrations Up 12% in June: Knight Frank

June 30, 2024 12:32

Mumbai property registrations surged 12% in June, reaching 11,575 units, driven by strong buyer confidence and rising economic prosperity. Knight Frank attributes the growth to a favorable...

Mumbai Property Registrations Surge 12% in June: Knight Frank

June 29, 2024 20:53

Property registrations in Mumbai rose 12% year-on-year in June, driven by strong demand and positive economic sentiment, according to Knight Frank. The report highlights the resilience of Mumbai's...

Bandhan Bank Launches Online Direct Tax Payment

June 28, 2024 17:45

Bandhan Bank now allows customers to pay direct taxes online through its internet banking and payment gateway. The bank also accepts offline payments at its branches.

Breath Analyser Verification: New Rules for Road Safety

June 28, 2024 15:29

India's Department of Consumer Affairs proposes new draft rules for breath analyser verification, ensuring accuracy and reliability to prevent alcohol-related road incidents.

RBI Governor Stresses Eliminating Bias in AI Algorithms

June 28, 2024 14:50

RBI Governor Shaktikanta Das emphasizes the need to eliminate bias in AI algorithms as the use of AI and machine learning grows, calling for ethical considerations in data analysis.

Foxconn Hiring Practices: Unions Investigate Married Women Exclusion

June 27, 2024 20:32

Trade unions are investigating reports that Foxconn India did not hire married women at its Chennai plant, sparking controversy and prompting government inquiries. Learn more about the allegations...

India's Budget to Accelerate Reforms & Make it 3rd Largest Economy

June 27, 2024 15:17

India's upcoming budget aims to accelerate reforms, boost economic growth, and propel the country to the world's third largest economy. President Droupadi Murmu outlines the government's vision for...

Gadkari: No Toll on Poor Road Conditions - Highway Agencies

June 26, 2024 16:35

Union Minister Nitin Gadkari stresses that highway agencies should not charge tolls if roads are not in good condition. He emphasizes the importance of quality service and user fee collection only...

India Economy to Grow Above 7% in 2024-25: NCAER

June 26, 2024 15:30

NCAER predicts India's economy will grow above 7% in 2024-25, citing strong domestic indicators and expectations of a good monsoon. The think tank attributes this growth to buoyant economic...

Gadkari Calls for Flexible Highway Construction

June 25, 2024 20:32

Union Minister Nitin Gadkari advocates for flexible and market-driven Hybrid Annuity Model (HAM) for highway construction, aiming for faster project completion. He also highlights the potential of...

Livestock Census 2024: Data to Address Sector Challenges

June 25, 2024 19:07

India's 21st Livestock Census aims to gather data to address challenges in the livestock sector, with a focus on accurate breed identification and sustainable practices.

Top 10 Emerging Technologies: WEF Unveils Innovations for Global Challenges

June 25, 2024 15:21

The World Economic Forum highlights 10 emerging technologies with potential to solve global challenges, including sustainable cooling, carbon capture, and AI-powered scientific discovery.

21st Livestock Census: Workshop Equips States with Tech

June 24, 2024 17:54

The Indian government will host a workshop on Tuesday to equip states for the 21st Livestock Census, scheduled for September-December 2024. The event will feature training on a new mobile app and...

GST Compensation Loans: Early Repayment by Nov 2025

June 23, 2024 12:55

India's central government may repay Rs 2.69 lakh crore in loans taken to compensate states for GST revenue losses by November 2025, four months ahead of schedule. The repayment plan will be...

Haryana Seeks Grant for NCR Projects

June 22, 2024 22:07

Haryana Finance Minister seeks special grant assistance from the Centre for projects in the national capital region (NCR), including the KMP expressway and Haryana Orbital Rail Corridor.

GST Council Meeting: Online Gaming Tax, Fertilizer Recommendations & More

June 21, 2024 19:45

The GST Council will meet on Saturday to discuss online gaming tax, fertilizer recommendations, and other crucial issues, including GST rate rationalization and amendments to GST laws.

GST Reforms: GTRI Suggests Hike in Exemption Limit & Slab Reduction

June 21, 2024 17:04

GTRI proposes reforms for GST including increased exemption limit for firms with up to Rs 1.5 crore turnover, reduced slabs, and elimination of state-wise registration.

GST Council to Discuss Online Gaming Tax & Corporate Guarantees

June 19, 2024 16:57

The GST Council will meet on Saturday to discuss taxation of online gaming, corporate guarantees, and spectrum fees. The meeting will also review the 28% GST on online gaming bets.

Rupee Slips to 83.44 Against US Dollar

June 19, 2024 15:59

The Indian rupee weakened against the US dollar on Wednesday, settling at 83.44, influenced by firm American currency and higher crude oil prices. The rupee initially gained before losing momentum.

Rupee Rises 6 Paise to 83.37 Against US Dollar

June 19, 2024 09:44

The Indian rupee appreciated by 6 paise to 83.37 against the US dollar in early trade on Wednesday, driven by foreign capital inflow and strong equity markets. However, a stronger dollar and higher...

Study finds global luxury sales flattening amid self-inflicted creativity crisis and price hikes

June 18, 2024 19:36

Global luxury sales are set to stall in 2024 due to a creativity crisis, price hikes, and a shift in focus towards the wealthiest customers, according to a new Bain study.

Akme Fintrade collects Rs 38 cr from anchor investors; IPO to open on Jun 19

June 18, 2024 19:06

Akme Fintrade, a rural and semi-urban lending company, raised Rs 38 crore from anchor investors ahead of its Rs 132 crore IPO opening on June 19.

Pakistan Budget Risks: Climate Change, SOEs & More

June 17, 2024 10:30

Pakistan's government outlines key risks to its 2024-25 budget, including climate change, weak SOEs, and economic growth concerns. Learn more about the challenges facing the country's fiscal outlook.

Sri Lanka, IMF Agree on Vehicle Import Ban Lift by 2025

June 15, 2024 18:44

Sri Lanka has presented the IMF with a roadmap to lift the ban on vehicle imports by 2025, starting with public passenger vehicles in 2024. The move aims to boost the economy and foreign exchange...

Petrol, Diesel Prices Rise in Karnataka: Govt Hikes Sales Tax

June 15, 2024 18:18

Karnataka government has increased sales tax on petrol and diesel, leading to a price hike of Rs 3 and Rs 3.5 per litre respectively. The move aims to boost state revenue.

Sri Lanka Economic Recovery: IMF Highlights Reform Importance

June 14, 2024 17:49

The IMF releases the third tranche of Sri Lanka's bailout package, emphasizing the need for sustained reforms to achieve full economic recovery. The country's economy is showing signs of...

Company Name
Price
Volume

Vodafone Idea L
9.17 ( -6.43)
60225118

G V Films
0.94 ( 0.00)
33865579

GTL Infrastructure
2.21 ( -4.74)
31304939

Srestha Finvest
0.92 (+ 3.37)
29955374

Spicejet Ltd.
58.85 ( -6.27)
20072614

Nestle India Appoints Manish Tiwari as New MD,...

Nestle India announced the appointment of Manish Tiwary as its new Managing Director,...

HeidelbergCement India Stock Surges on Adani...

HeidelbergCement India shares surged 18% after reports of Adani Group's potential...

India Auto Sales Dip 9% in Sept: FADA Urges...

India's auto retail sales fell 9% in Sept due to high inventory. FADA calls on OEMs to...

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