The BSE Sensex gave significant returns, increasing nearly 4 per cent in April, despite geopolitical tensions. The upturn was driven by renewed foreign investment inflows, forecasts of above-normal monsoon rainfall, and positive prospects of an India-US trade agreement. Additionally, stock valuations became more attractive following recent market corrections, leading to increased buying activity. The BSE…
Residential home unit deliveries across nine major Indian cities rose by 33 per cent in the 2024-25 financial year, reaching 4,06,889 units, according to data from PropEquity. This marks a significant increase from 3,06,600 units delivered in 2023-24. The figures cover apartments, row houses, and villas that have received occupancy certificates. Despite the overall growth,…
NEW DELHI: Eternal Ltd, formerly known as Zomato Ltd, the food delivery and quick commerce enterprise operating Zomato and Blinkit brands, announced on Thursday a consolidated net profit of Rs 39 crore for the quarter ending March 31, 2025. This marks a change from the Rs 175 crore profit recorded in the corresponding period last…
The United States has tried reaching out to China, seeking discussions over President Donald Trump’s massive 145% tariff, a social media account linked to Chinese state media has claimed.According to a Reuters report, a Weibo post by Yuyuan Tantian, claimed that “the US has proactively reached out to China through multiple channels, hoping to hold…
Bank Holidays May 2025 (AI image) Bank Holidays May 2025: For those planning banking activities in May 2025, it’s essential to understand that bank holidays vary across different states. Whilst not all banks nationwide will be closed simultaneously, several significant holidays could affect banking services in specific regions.All banks, both scheduled and non-scheduled, will remain…
Adani Ports’ operational revenue grew by 23% year-on-year to Rs 8,488 crore Adani Ports Q4 results: Adani Ports witnessed a substantial 50% year-on-year increase in consolidated net profit, reaching Rs 3,023 crore for the quarter ending March 2024, compared to Rs 2,025 crore in the previous year’s corresponding period.The company’s operational revenue grew by 23%…
ITR filing: For individuals and those not requiring account audits, the submission deadline remains July 31. New ITR forms for FY 2024-25: The Income Tax Department has issued a new ITR-1 and ITR-4 for tax filing purposes for the assessment year 2025-26, simplifying the process for individuals with long term capital gains up to Rs…
IndusInd Bank and Kotak Mahindra Bank, two leading banks of the private sector, have revised their interest rates on fixed deposits- former increasing the interest rate while the latter has reduced the interest offered on fixed deposits.The change in the interest rates are an effect of the changing market conditions and shifts in liquidity in…
Elon Musk recently announced his intention to increase his focus on managing Tesla. (AP photo) Tesla’s board members contacted multiple executive search firms approximately a month ago, seeking potential candidates to succeed Chief Executive Officer Elon Musk, according to a report by the Wall Street Journal, which cited sources familiar with the discussions.The Wall Street…
Coldplay’s Ahmedabad concerts generated Rs 641 crore economic impact (Picture credit: ANI) NEW DELHI: British rock band Coldplay’s two-night ‘Music of the Spheres’ concerts in Ahmedabad created an estimated overall economic impact of Rs 641 crore, with a direct boost of Rs 392 crore to the city’s economy, a report by EY-Parthenon and BookMyShow Live…
