Nirmala Sitharaman, the Finance Minister, unveiled the Budget 2024, which includes a number of transformative initiatives that are designed to stimulate economic growth and development. Key highlights and market reactions are summarized below. Significant InformationLoan Limits for Mudra: In order to assist entrepreneurs and small enterprises, the loan limits for Mudra have been increased from…
The Sensex has declined by 150 points, while the Nifty is currently at 24,450. Updates to the 2024 Budget in Real TimeAs Finance Minister Nirmala Sitharaman delivers the Union Budget for the seventh consecutive year, India’s stock markets are undergoing substantial volatility. Investors are intently monitoring her speech to gain insight into the NDA government’s…
As the deadline for filing income tax returns (ITR) approaches, taxpayers are reminded of the critical importance of submitting their returns on time. The July 31, 2024 deadline for the fiscal year 2023-24 is fast approaching, and failing to meet this deadline can lead to significant financial penalties and legal repercussions. Understanding the Penalties: For…
Today, July 17, Indian stock markets, including BSE and NSE, remain closed in observance of Muharram. Trading will resume tomorrow, July 18. Muharram marks the beginning of the Islamic New Year and holds significance for Muslims worldwide as a time of reflection and remembrance. On July 16, the Indian benchmark indices hit new highs, with…
Leading as Sensex and Nifty Hit, ICICI Bank, Infosys, and Airtel Reach New Highs: Stock Market Highlights The day Tuesday, July 16, 2024, was noteworthy for the Indian stock market when the BSE Sensex and NSE Nifty50 reached new highs during the results season of the June quarter. On July 12, 2024, the BSE Sensex…
With a net profit of ₹383.69 crore for the first quarter of the fiscal year 2024–25, the Indian Renewable Energy Development Agency (IRDA) has announced a significant 30% rise. This amazing increase, from ₹ 294.58 crore in the same period last year, is mostly due to higher revenues.Reducing its net non-performing assets (NPAs), which declined…
Reserve Bank of India (RBI) Governor Shaktikanta Das stated on Thursday that retail inflation in India is expected to be close to 5% for June, in line with surveys conducted by the RBI. The official data on retail inflation for June is anticipated on Friday. Speaking with CNBC-TV18, Das underscored the unpredictability of the current…
Several Indian states have made mastery of the local language required for government employment in an effort to defend local rights and advance regional languages. The latest decisions and their ramifications are discussed in this column. Assam Assam Chief Minister Himanta Biswa Sarma declared on July 10 that government job choosing now requires knowledge in…
As Emcure Pharma debuted on the NSE with a 31% premium, well-known investor from Shark Tank India and Emcure Pharmaceuticals executive director Namita Thapar is witnessing incredible returns on her money. Originally ₹2.19 crore, Thapar’s initial investment in the company has now risen to almost ₹671 crore following the IPO. Starting on the NSE at…
On July 10, the Indian stock markets saw great volatility as general-based selling pressure affected all sectors. Driven by a rally in Maruti Suzuki, the market saw a selloff in banking stocks and Mahindra & Mahindra (M&M) following the Sensex and Nifty indices reaching fresh lifetime highs in early trade. Comments from Federal Reserve Chairman…
