For FY24, the government met its tax collection target of Rs34.37 trillion on the back of robust economic activity and better compliance. For FY24, the direct tax collection was revised...
Bharti Hexacom, a subsidiary of Bharti Airtel has raised Rs1,924 crore through its anchor placement in the stock market, a day ahead of the IPO opening on April 03, 2024....
FY24 was a special year in the stock market for IPOs with 75 IPOs raising Rs61,915 crore. In terms of number of IPOs, this is the highest count in last...
S&P Global joins the bandwagon to raise the FY25 GDP forecast for India to 6.8%, after the GDP numbers for the third quarter came in at an impressive 8.4%. That...
In Q3FY24, India witnessed a decline in its current account deficit (CAD) to $10.5 billion, constituting 1.2% of GDP. This figure marks a decrease from the previous year's corresponding period,...
For the calendar year 2023, the global merchandise trade fell by 5% yoy, although the real Red Sea impact was more pronounced in the first quarter of 2024. However, UNCTAD...
Tata Sons will sell 0.65% stake in TCS, which will entail the sale of nearly 2.34 crore shares at a floor price of Rs4,001 per share. The deal size would...
The big event in the current week will be the US Fed meet followed by the Fed statement on March 20, 2024. Rate cuts have already been ruled out in...
Fitch Ratings revised its India GDP growth forecast to 7% for FY25, 50 bps above its previous estimate. It has also upped its FY24 forecast to 7.8%, so India will...
According to the SEBI chairperson, the inclusion Indian bonds into the global bond indices of JP Morgan and Bloomberg; will substantially increase the interest of investors in corporate paper. Meanwhile,...
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