Share price of Shriram Finance rises as Nifty weakens
A total of 3,155 shares changed hands on the counter till 01:34PM (IST).
A total of 3,155 shares changed hands on the counter till 01:34PM (IST).
Rapid weight loss habits: Small habits to lose weight quickly and effectively
IHCL shares surged by 7% as Q1FY25 PAT rose 12% YoY to Rs 248 crore, achieving revenue of Rs 1,596 crore. Brokerages generally viewed the results positively despite some rating downgrades. EBITDA increased by 8% to Rs 496 crore, though ARR dropped due to heatwave. Portfolio includes 325 hotels.
India's crypto sector sees regulation with tax laws and anti-money laundering measures. G20 Presidency promotes stablecoins and financial stability per IMF-FSB Synthesis. Bharat Web3, suggesting consumer protection and token listing, complements tax adjustments like TDS rate, loss offset, and revisiting the 30% tax rate. ICRIER recommends global regulation, balancing protection and innovation.
A total of 7,907 shares changed hands on the counter till 01:29PM (IST).
The survey explained how, over the last five years, a seismic change has occurred in the global manufacturing realm, with major multinational companies looking to “de-risk” themselves from China, which was traditionally known as the “world's factory.”
India's 5G rollout has propelled its global mobile broadband speed ranking from 118 to 15, per the Economic Survey 2023-24. The government allocates 5% of the USOF for telecom R&D. India's teledensity and internet subscribers have significantly increased, and the BharatNet program is enhancing rural broadband connectivity.
A total of 4,537 shares changed hands on the counter till 01:24PM (IST).
JSW Steel saw a 2.5% drop in shares after reporting a 64% decline in net profit for Q1. Brokerage firms have mixed views on the stock, with varying target prices. Despite challenges, the company remains optimistic about growth prospects.
Its net profit stood at Rs 321.64 crore in the year-ago period. The company's revenue from operations increased 54.4% to Rs 1,405.2 crore against Rs 910 crore in the corresponding period of the preceding fiscal.
The Supreme Court halted Uttar Pradesh's directive for shop owners to display their names during the Kanwar Yatra, issuing notices to all states with a hearing set for July 26. The order sparked controversy and criticism from political leaders, including AIMIM's Asaduddin Owaisi and Congress's Kapil Sibal, who condemned it as divisive.
Economic Survey 2024: On Monday, Finance Minister Nirmala Sitharaman tabled the Economic Survey 2023-24 in Parliament, highlighting that the Indian economy has demonstrated resilience and stability despite geopolitical challenges.
A total of 12,531 shares changed hands on the counter till 01:18PM (IST).
SAIC Motor defended itself against the EU's ruling, stating the EV probe involved commercially sensitive information beyond the normal scope. The European Commission had imposed up to 37.6% tariffs in July, ignoring critical information and inflating subsidy rates for many projects. SAIC, being the most affected, filed to safeguard its legitimate rights amid claims the investigation exceeded standard boundaries.
You can pre-validate multiple bank accounts and can nominate more than one bank account for an Income Tax refund
The hearing on the National Eligibility-cum-Entrance Test (NEET)-UG paper leak case is underway in the top court, with Chief Justice of India DY Chandrachud leading the bench. The court is expected to pronounce the verdict today.
Dodla Dairy income has increased to Rs 918.53 crore during April-June period of 2024-25 fiscal year from Rs 830.65 crore in the corresponding period of the previous year, it said.
Financial advisors recommend that mutual fund investors maintain a long-term investment strategy and avoid making hasty decisions based on budget expectations. Various experts share their opinions on what investors can expect from the upcoming Union Budget 2024.
The Relative Strength Index of the stock stood at 81.04 on Monday.
The Kids Online Safety Act, KOSA, seeks to safeguard children from online harm by holding tech companies accountable. With bipartisan backing, the bill faces opposition citing free speech concerns. As Congress deliberates, the fate of online safety regulation hangs in the balance.
What began as a movement against politicised admission quotas for sought-after government jobs has snowballed into some of the worst unrest of Prime Minister Sheikh Hasina's tenure, with at least 163 people killed in clashes so far, according to an AFP count of victims reported by police and hospitals.
The PLI scheme for automobiles and auto components has attracted Rs 67,690 crore in proposed investments, with Rs 14,043 crore already invested by March 2024. The scheme, expected to generate 1.48 lakh jobs, has created 28,884 jobs so far. It includes a budget of Rs 25,938 crore for FY23-FY27, as noted in the Economic Survey 2023-24.
The stock traded at a P/E multiple of 12.95, while the price-to-book value ratio stood at 5.78.
The smartest way to regulate the F&O market is to increase the lot size so that the retail people cannot get in basically, says Madhu Kela. You do not want to kill the market. Already there is so much taxation that is unreal. There is STT, income tax, dividend distribution tax, buyback tax, long-term capital gains tax and short-term capital gains tax.