Q1 saw SBI Life net rise 36% to Rs 520 crore.
NEW DELHI, JULY 24 : Leading insurance firm SBI Life on Wedneday said its net profit grew 36 percent in the Q1 (April-June) of FY 25 y-o-y basis at Rs 520 crore as against Rs…
Category: Business
The day after the government raised taxes on gains from equities investments, the Sensex dropped 280 points.
MUMBAI, JULY 24 : A day after the government increased tax on gains from equity investments the share stock market reacted sharply on Wednesday too as the BSE Sensex fell over 280 points to settle…
Budget recognizes the necessity of assisting MSMEs
CHENNAI, JULY 23 : The Union Budget 2024 has acknowledged the need to support MSMEs and improve skill training, especially among the rural population.DVARA KGFS MD an CEO Murty LVLN, in a statement on Tuesday…
Rupee hits a record low against the USD of 83.69.
MUMBAI, JUL 23 : The Rupee on Tuesday ended at a record low at 83.69 easing two paise against the USD as the government's proposal to hike tax rate on capital gains in the union…
Conflicting responses to Union Buduget among businesspeople and industrialists
MUMBAI, JUL 23 : There was a mixed reaction to the Union Buduget for financial year 2024-25 presented by Union Finance Minister Nirmala Sitharaman in parliament on Tuesday from industry captains and businessmen.Ms Geetanjali Kirloskar,…
Air India Express begins offering direct flights from Bengaluru to Abu Dhabi
BENGALURU, JULY 23 : In a significant move to broaden its international reach, Air India Express on Tuesday inaugurated its first direct international service from Bengaluru to Abu Dhabi.The new route is set to enhance…
According to Eco Survey, net FDI inflow decreased to $26.5 billion in FY24 from $42 billion in FY23.
NEW DELHI, JULY 22 : Attributing it to global trend, Economic Survey tabled in Lok Sabha on Monday said net foreign direct investment (FDI) inflows to India declined to US$ 26.5 billion in fiscal 2023-24…
Now let us examine the next set of adjustments to achieve stronger eco growth: FICCI
NEW DELHI, JULY 22 : The Indian industry said on Monday that it is time to look at the next leap on the reform trajectory that would prepare India for achieving higher growth.Commenting on the…
In Q1 ended June 30, 2024, Uco Bank’s net profit increases by 147 percent to Rs 551 crore.
KOLKATA, JULY 22 : Uco Bank on Monday announced its net interest income (NII) for the quarter 1 ending June 30, 2024 stood at Rs 2,254 crore, registering a growth of 12 percent compared to…
May 2024 saw the largest addition of 19.50L net members for EPFO: Government
NEW DELHI, JULY 20 : Employees’ Provident Fund Organisation (EPFO) has added 19.50 lakh net members in the month of May 2024, the highest since the first payroll data was issued in April 2018, says…