Follow Us on Google News New Delhi, July 8 (IANS) Finance Minister Nirmala Sitharaman on Tuesday received dividend cheques to the tune of Rs 5,304 crore on behalf of the government from three public sector banks for the financial year ended on March 31, 2025. A dividend cheque of Rs 2,335 crore for FY 2024-25 … Read more
Follow Us on Google News Mumbai, July 8 (IANS) Adani Electricity registered 1,166 first information reports (FIRs) against perpetrators of power theft — a substantial increase compared to 974 FIRs in FY 2023-2024, thus achieving significant reduction in losses, the company said on Tuesday. The action resulted in a commendable 0.77 per cent reduction in … Read more
Follow Us on Google News Mumbai, July 1 (IANS) The remittances sent back home by Indians working abroad have registered a 14 per cent rise in the financial year 2024-25 to a record $135.46 billion, according to data compiled by the RBI. The RBI said the inflows, classified under “private transfers”, accounted for more than … Read more
Follow Us on Google News New Delhi, June 30 (IANS) India’s Goods and Services Tax (GST) collection for the financial year 2024–25 touched a record high of Rs 22.08 lakh crore, marking a 9.4 per cent increase compared with the previous year, the government announced on Monday. The average monthly collection for the year stood … Read more
Follow Us on Google News New Delhi, June 27 (IANS) Net claims of non-residents on India declined by $34.2 billion during the January-March quarter of FY25 to $330 billion, the RBI data showed on Friday. Higher rise in Indian residents’ overseas financial assets ($60.0 billion) as compared to that in the foreign-owned assets in India … Read more
Follow Us on Google News New Delhi, June 24 (IANS) Finance Minister Nirmala Sitharaman on Tuesday received a dividend cheque of Rs 2,762 crore on behalf of the government from the Bank of Baroda for the financial year ended on March 31, 2025. The cheque was presented by Bank of Baroda Managing Director and CEO … Read more
Follow Us on Google News New Delhi, June 24 (IANS) Finance Minister Nirmala Sitharaman on Tuesday lauded the resilience of Indian exporters for successfully “swimming against the tide” to reach a record high turnover of $825 billion in total exports despite the global slowdown. “India’s total exports reached a record high of $825 billion, achieving … Read more
Follow Us on Google News Mumbai, June 14 (IANS) Large-cap companies have delivered stronger earnings growth than mid and small-cap firms in the fourth quarter of FY24-25, a new report said on Saturday. According to a report by brokerage firm Equirus Securities, which analysed 270 major listed companies, found that large caps showed resilience in … Read more
Follow Us on Google News New Delhi, June 13 (IANS) Indian banks have shown significant improvement in asset quality during FY25, driven by low net additions to non-performing assets (NPAs), a new report said on Friday. This trend has helped banks strengthen their balance sheets, while credit costs have continued to decline, boosting overall profitability, … Read more
