In the past nine months, India’s stock market has witnessed a remarkable surge, with 80 stocks delivering multibagger returns ranging from 101% to an astonishing 500%. These gains have captured…
In the coming months, six public sector banks (PSUs) — UCO Bank, Indian Overseas Bank (IOB), IDBI Bank, Bank of Maharashtra, Punjab & Sind Bank, and Central Bank of India…
ITC Ltd. plans to invest ₹20,000 crore over the next five years to expand its FMCG and paperboard capacities. Chairman and Managing Director Sanjiv Puri announced that 35-40% of this…
Income Tax: No changes in tax rates for direct or indirect taxes, including import duties. Tax collections have doubled over the last decade, with an average tax return processing time…
Adani Green Energy Limited (AGEL) reported an impressive 95% year-on-year (YoY) increase in net profit for Q1 FY2024, highlighting its strong growth trajectory. The net profit surged to ₹629 crore…
The Union Budget 2024, presented by Finance Minister Nirmala Sitharaman, introduces notable changes to the income tax regime. The standard deduction has been increased from ₹50,000 to ₹75,000, providing additional…
The commercial vehicle sector is on the brink of transformative growth, driven by advancements in alternative fuels such as LNG (liquefied natural gas) and green hydrogen. Experts at the 3rd…
In response to Finance Minister Nirmala Sitharaman’s Budget announcement, Zerodha co-founder Nithin Kamath commented on the increase in Securities Transaction Tax (STT) rates. The STT on options rose from 0.062%…
HDFC Bank, following its recent merger, aims to concentrate on profitable growth while maintaining high asset quality standards. CEO Sashidhar Jagdishan emphasized the need to reassess the bank’s liability profile…
Significant Capital Influx The Economic Survey 2024 reports that Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) collectively raised Rs 39,024 crore in FY24, a significant increase compared…
