Tag Archives: Business news

Market participants are keenly observing Budget-related developments, particularly focusing on capital expenditure. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green on Friday, a day ahead of the Union Budget 2025 presentation. While BSE Sensex was near 76,900, Nifty50 was above 23,300. At 9:17 AM, BSE Sensex was trading at 76,893.32, up …

Adani Enterprises posted a sharp fall in its quarterly profit, weighed down by the coal trading unit and a foreign exchange loss, marking a tepid show in its first earnings since billionaire-chairman Gautam Adani was indicted in a US bribery probe in Nov.Net income at Adani flagship firm fell 97% to Rs 57.8 crore for the quarter ended on Dec …

Gold traders including jewellers and bullion sellers are looking forward for strategy aimed towards strengthening the Indian middle class’ ability to buy gold. (AI image) Union Budget 2025 Expectations:Gold traders including jewellers and bullion sellers are looking forward to Finance minister Nirmala Sitharaman to outline a strategy aimed towards strengthening the Indian middle class’ ability to buy the precious metal. …

The upcoming Union Budget 2025 is expected to announce a 20 per cent rise in the country’s capital expenditure, according to a report by global accounting agency EY. The hike in capex spending would target fueling economic activity, put more disposable income in people’s hands and land the fiscal deficit at 4.4 per cent of the GDP for the year …

Budget 2025 income tax expectations: With an intent to provide taxpayers with more disposable income, one may expect an increase in the basic exemption limi. (AI image) By Surabhi MarwahBudget 2025 income tax expectations: As we move closer to February 1, 2025, the nation is keen to listen to the Finance Minister’s speech unveiling the Union Budget 2025. In the …

NEW DELHI: IndiGo’s chief executive officer Pieter Elbers on Tuesday described his visit to the world’s largest religious gathering at the Mahakumbh Mela in Prayagraj as unparalleled, saying, “no word, sentence or picture can properly describe this place or the energy.”The 2025 edition of Mahakumbh holds special significance, taking place under a unique celestial alignment that last occurred 144 years …

Adani Ports and Special Economic Zone (APSEZ) reported a 14per centyear-on-year (YoY) increase in consolidated net profit for the December quarter of FY24-25, reaching Rs 2,518.39 crore. The growth was driven by higher income, according to the company’s regulatory filing on Thursday.India’s largest integrated logistics player had recorded a profit of Rs 2,208.21 crore in the same quarter last year. …

Budget 2025 expectations: For the fiscal year 2024-25, the capital expenditure allocation stands at Rs 24,785.94 crore for Mass Rapid Transit System and metro projects. Budget 2025 expectations: The Narendra Modi government is likely to introduce a comprehensive five-year scheme in Union Budget 2025 to implement metro rail projects nationwide on a mission basis. This long-term initiative aligns with the …

NEW DELHI: Government on Wednesday approved a Mutual Credit Guarantee Scheme aimed towards improving the credit availability for micro, small and medium manufacturing sectors, aligning with the goals set under the Make in India Union Budget 2024-25 for the MSME sector.The scheme will offer 60 per cent guarantee coverage through the National Credit Guarantee Trustee Company Limited (NCGTC) to Member …

The bearish pattern of lower peaks and troughs continues. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, resumed their downtrend on Thursday. While BSE Sensex was below 76,500, Nifty50 was near 23,150. At 9:24 AM, BSE Sensex was trading at 76,448.33, down 85 points or 0.11%. Nifty50 was at 23,159.45, down 4 points or …