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Новости за 25.06.2024

MP ministers to now pay Income Tax; state cabinet revokes 52-yr-old rule

Business Standard 

Madhya Pradesh cabinet on Tuesday decided that state ministers will have to pay their Income Tax, instead of the state government bearing such burden. Chief Minister Mohan Yadav in a statement said the cabinet has taken a decision to strike off the 1972 rule, under which the state government was paying the Income Tax on the salaries and perks of ministers. The cabinet decided that all ministers will pay the Income Tax on their salaries and allowances, Yadav said. State Urban Administration Minister... Читать дальше...



BII vows $75 mn to Symbiotics' 2nd green basket bond for emerging markets

Business Standard 

British International Investment, the UK's development finance institution, on Tuesday said it has committed USD 75 million (about Rs 625 crore) to the second green basket bond arranged by emerging markets access platform and financial lender Symbiotics Investments. The green lending programme will increase financing to small-scale green projects across Africa, South and South-East Asia through MSME lenders, with 50 per cent of the financing earmarked for India, British International Investment (BII) said in a statement. Читать дальше...

Indices hit record highs, Nifty ends above 23,700; private banks rally

Business Standard 

Domestic equity benchmarks soared to new highs today, buoyed by strong performances from private banks. The Sensex and Nifty both notched record closing levels, with the Nifty breaching the 23,700 mark. Pre-budget optimism and positive monsoon expectations boosted sentiment. However, some profit-taking weighed on realty, metals, and power stocks, highlighting sector rotation as the market navigates its upward climb.

India's FMCG sector to have sustained growth rate of 7-9% in 2024: Report

Business Standard 

The FMCG sector is expected to have a sustained growth rate of 7-9 per cent in 2024, supported by government initiatives to stimulate consumption and create job opportunities, a report said. The FMCG sector's resilience and adaptability, coupled with robust government support and digital transformation initiatives, position it favourably to navigate through uncertainties and emerge stronger. "Looking ahead, the FMCG sector in India is poised for sustained growth, with forecasts indicating a 7 to... Читать дальше...

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Afghanistan's run to semifinals will inspire youth back home: Rashid Khan

Business Standard 

Skipper Rashid Khan believes that Afghanistan's maiden T20 World Cup semifinal qualification, following spectacular wins over New Zealand and Australia along the way, is a momentous feat that will inspire the youth of the strife-torn nation. Afghanistan, who became a full ICC member only in 2017, scripted history by qualifying for their maiden T20 World Cup semifinal with a win over Bangladesh here. "I think the semi-final is going to be a massive, massive like inspiration for the youngsters back home in Afghanistan. Читать дальше...

Admiral America Corporation Pvt. Ltd. Announces its Foray into the India Market

Business Standard 

Bangalore (Karnataka) [India], June 25: As one of the premier American brands, Admiral is proud of its legacy and heritage of 90 years as it celebrates '9 decades of Excellence' this year. Admiral with its renowned expertise in Appliances and Electronics is pleased to make its foray into the Indian market in association with Flipkart.

Raniwala 1881 unveils their Pre-Fall 2024 Collection

Business Standard 

Jaipur (Rajasthan) [India], June 25: Imagine a royal gala evening set in a majestic mansion adorned with intricate carvings and ornate archways, setting the stage for an evening of opulence and sophistication. The leading lady, a vision of timeless beauty, descends the grand staircase with grace and poise adorning a breathtaking statement necklace from Raniwala 1881's new collection. Raniwala 1881's latest collection of exquisite Polki jewellery takes centre stage, unveiling their Pre-Fall 2024 Collection... Читать дальше...


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