NEW DELHI: Indian government is hopeful of working out a win-win trade deal with the US after PM Narendra Modi and US president Donald Trump signalled early Friday that a bilateral agreement will be in place by fall 2025. “If you look at our trade basket, India’s exports are very different from what we import…
Since 2019, the government has injected Rs 3.22 lakh crore into BSNL and MTNL through three revival packages, including funding for 4G rollout. NEW DELHI: State-owned telecom operator Bharat Sanchar Nigam Limited (BSNL) has recorded a net profit of Rs 262 crore for the December quarter, marking its first quarterly profit in 17 years. Union…
Are banks open on March 31, 2025? March 2025 bank holidays: RBI has directed all agency banks handling government transactions to remain operational on March 31, 2025 (Monday), despite it being a holiday in several states. This measure ensures accurate financial reporting for FY 2024-25 by recording all transactions within the same period.According to an…
Nifty maintains positive short-term trajectory, though struggling at resistance levels. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green on Friday. While BSE Sensex moved up over 300 points, Nifty50 crossed 23,100. At 9:22 AM, BSE Sensex was trading at 76,297.32, up 158 points or 0.21%. Nifty50…
New Income Tax Bill 2025 (AI image) New Income Tax Bill 2025: Finance Minister Nirmala Sitharaman has tabled the New Income Tax Bill in Lok Sabha on Thursday, comprising 536 clauses across 622 pages, with an aim to replace the existing 823-page law that has been in effect for 64 years. The New Income Tax…
In a written communication to Sri Lanka’s Board of Investment (BOI) dated Wednesday, Adani expressed respect for the government’s stance. The Adani Group on Thursday said that it has pulled out of further engagement in a $442 million wind power venture in Sri Lanka after the country’s authorities attempted to modify the agreement.In a media…
For 2023-24, EPFO offered 8.25% interest on earnings of ₹1,07,000 crore. Latest EPFO interest rate: The EPFO might maintain the provident fund deposits interest rate for 2024-25 near the previous year’s 8.25% when its central board of trustees (CBT) gathers on February 28, according to informed sources.For 2023-24, EPFO provided 8.25% interest on ₹1,07,000 crore…
Sustained trading above 23,150-23,200 could lead to further short-term gains. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Thursday. While BSE Sensex was above 76,200, Nifty50 was near 23,100. At 9:17 AM, BSE Sensex was trading at 76,258.00, up 87 points or 0.11%. Nifty50 was at…
Jefferies has initiated its coverage of recently listed ITC Hotels with a ‘buy’ recommendation with a target price of Rs 240 (+37%). Analysts feel the company is seeing continuation of the long tenured hotels management team and post demerger, they believe that the independent new existence will help improve focus on return/growth. ITC Hotels is…
BENGALURU: Commerce and industry minister Piyush Goyal said the combination of growth driven by consumption, alongside growth propelled by investment can serve as twin pillars for India’s economic advancement. “Economists will tell you that consumption-led growth, coupled with investment-led growth, can together become the twin pillars on which India’s growth story will rapidly scale up,”…
