Новости за 04.07.2024

The Centre has sacrificed a large portion of revenue from Goods and Services Tax (GST), up to 1 per cent of GDP, every year since the rollout of the new indirect tax regime to fund a 14 per cent compensation guarantee provided to states, former Chief Economic Advisor Arvind Subramanian said on Thursday. Subramanian, who was actively involved in the implementation of the GST regime, also said that it would not be advisable at this point in time to bring petrol and alcohol under the GST. GST was rolled out on July 1... Читать дальше...

Firm has a bunch of products lined up which will ensure limited earnings dip in FY27: Analysts

The angel tax is on the amount received by a company above the fair market value as income

Sell and bring allocations back to original levels in those segments of your portfolio that have become bloated

Second straight quarter of near double-digit growth

Sources in Naidu's Telugu Desam Party (TDP) sought to highlight that their leader spent the last three weeks assessing the state's financial situation before making the trip to the national capital

Throughout the parade, players were seen lifting the coveted trophy high in the air and appreciating the support of their fans

As the monsoon season begins, carmakers and dealers are intensifying their efforts to attract buyers with various incentives, including discounts, exchange bonuses, and assured gifts

IREDA, which provides funding assistance and other services to renewable energy and energy efficiency/conservation projects and is 75 per cent owned by the government of India

Andhra Pradesh Chief Minister N Chandrababu Naidu met Prime Minister Narendra Modi here on Thursday and described their discussions on key development issues concerning the state as "constructive". During the meeting at the Prime Minister's Office (PMO), Naidu -- whose Telugu Desam Party (TDP) is an important ally in the BJP-led National Democratic Alliance (NDA) government at the Centre -- advocated for increased assistance to Andhra Pradesh in lieu of special category status. The TDP chief presented... Читать дальше...

The initial public offer of steel wire manufacturer Bansal Wire Industries received 5.72 times subscription on the second day of bidding on Thursday. The initial share sale received bids for 12,28,12,970 shares against 2,14,60,906 shares on offer, according to NSE data. The quota for non-institutional investors was subscribed 12.16 times while the portion for Retail Individual Investors (RIIs) fetched 6.18 times subscription. The Qualified Institutional Buyers (QIBs) part received a mere 9 per cent subscription. Читать дальше...

The fast-moving consumer goods (FMCG) sector is expected to see a revenue growth of 7 to 9 per cent this fiscal, helped by higher sales volume and a revival of rural markets, Crisil Ratings said in a report. Volume growth from urban consumers will also remain steady at 7 to 8 per cent supported by rising disposable incomes and continued focus on premium offerings by the industry players, especially in the personal care and home care segments, it said. Moreover, the premiumisation trend and growth... Читать дальше...

India should not just participate but steer the ongoing AI revolution, and mobilise the powerful technology to bring the nation to the forefront of the global stage, the country's G20 Sherpa Amitabh Kant said on Thursday. "We're truly in a unique moment with the ongoing AI revolution. Its relentless advancing capabilities across the board, its increasing adoption by citizens, and most importantly, its potential to redefine the very fabric of industry and society marks this as a transformative era,"... Читать дальше...

Jammu and Kashmir Police has deployed a new force of 960 trained policemen in the Union Territory's border areas to combat terrorism and infiltration

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Textile major Raymond Ltd on Thursday said it will demerge the real estate business to unlock the value for shareholders and harness growth potential in the Indian property market. In a regulatory filing, the company informed that its board has approved the scheme of arrangement of Raymond Ltd (demerged company) and Raymond Realty Ltd (resulting company) and their respective shareholders. As per the scheme of arrangement, each Raymond Ltd shareholder will receive one share of Raymond Realty for every one share held in Raymond Ltd. Читать дальше...

The record Rs 2.1 lakh crore dividend payout by the Reserve Bank of India will limit the need for big-ticket divestment, a domestic rating agency said on Thursday. Care Ratings said the new government will retain the interim budget's Rs 50,000 crore target on receipts from divestments. "With a bumper dividend from the RBI, the central government's fiscal position remains comfortable, which may limit the urgency to push ahead with big-ticket divestments," it said. If there is a shortfall in the resource accretion... Читать дальше...

Heavy rainfall in northwest and northeast India over the past few days has brought down the overall monsoon precipitation deficit in the country from 11 per cent on June 30 to just 3 per cent on Thursday, according to India Meteorological Department (IMD) data. The IMD reported that the rainfall deficit in northwest India has reduced from 33 per cent on June 30 to 14 per cent on Thursday, from 14 per cent to 8 per cent in central India, and from 13 per cent to 2 per cent in east and northeast India. Читать дальше...

According to Bloomberg analysts, listed banks are forecasted to see a 14.5 per cent year-on-year (Y-o-Y) increase in net profit

Currently, third-party applications like Cred or Paytm utilize NEFT, RTGS, or other payment methods to transfer funds to credit card issuers after users clear their bills on their platforms

Anandan also said India had the largest number of STEM graduates. "We just need to make sure we invest in them over a period of time"

Raymond announced the vertical demerger of its Real Estate Business into its wholly owned subsidiary, Raymond Realty (RRL).

Post the aforesaid allotment, the issued and paid-up share capital of the Company shall be increased from Rs 1,27,27,97,050 (12,72,79,705 equity shares of face value of Rs 10 each) to Rs 1,27,29,32,170 (12,72,93,217 equity shares of face value of Rs 10 each).

1) Mahesh Raman Kutty- Chief Risk Officer 2) Ajay Mathur- Head Collections & Commercial Vehicles 3) Damodar Agarwal- Head Strategic Initiatives & Alternate Channels 4) Kamala Kant Pandey- Head Acquisitions Loans, Deposits & Gold Loan 5) Krishna Ramasankaran- Head Credit- Retail & SME

Bengaluru (Karnataka) [India], July 4: The Art of Living has introduced a groundbreaking leadership initiative designed to revolutionize leadership development: the Art of Leadership Certificate Program. Rooted in the timeless teachings of Gurudev Sri Sri Ravi Shankar, this program promises to equip participants with the skills and insights necessary for exemplary leadership in today's dynamic world.