New Delhi: Capital markets regulator Sebi on Wednesday proposed increasing the Basic Service Demat Account (BSDA) limit to Rs 10 lakh from the current Rs 2 lakh to promote participation of retail investors in the securities market.A Basic Service Demat Account, or BSDA, is a more basic version...
New Delhi [India], The Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) won a majority in the general elections, giving Prime Minister Narendra Modi a third term.The win signals continuity in policy, particularly infrastructure spending and a boost to domestic manufacturing...
New Delhi: NCLT, which on Monday ordered initiation of insolvency proceedings against Jaiprakash Associates Ltd (JAL), rejected the company's contention that it faced liquidity crunch mainly due to delay in government approvals. And there was default in repayment of loan due to protracted...
Greater Noida (Uttar Pradesh) [India], Three persons involved in a robbery were arrested after a brief encounter by the Greater Noida Police on Sunday night under Beta 2 police station in Greater Noida, while one person managed to escape.Greater Noida Police recovered an amount of Rs 9 lakh...
The visit assumes special significance in the backdrop of Pakistan's current economic challenges, political instability, growing security concerns and highlighting its large-scale regional policy.The two countries, which describe their relationship as an 'all-weather strategic cooperative...
Colombo: Sri Lankan President Ranil Wickremesinghe on Sunday urged all political parties to support the Economic Transformation Bill in Parliament as an immediate measure to help the crisis-hit island nation prop up its bankrupt economy."We have made an agreement with the International...
Hyderabad: Rapid growth in gross state domestic product (GSDP), per capita income and agricultural output sings the development story of Telangana's decade-long journey since its separation from Andhra Pradesh on June 2, 2011, while the overall growth Debt is increasing. ,Telangana will...
ISLAMABAD [Pakistan], In recent years, Pakistan has seen a rapid increase in its debt stock, coupled with a worrying increase in debt payments, putting huge pressure on the national budget, a report published in Dow said. The government is grappling with an intractable problem. The high fiscal...
Vijayawada (Andhra Pradesh) [India], Andhra Pradesh BJP chief Daggubati Purandeshwari met Governor Abdul Nazeer on Friday to discuss the rising debt of the state government and alleged misuse of funds by the ruling YSRCP. Speaking to the media after the meeting, Daggubati Purandeshwari said, "We...
COLOMBO: Sri Lankan President Ranil Wickremesinghe has said a strategic decision has been taken on deferring debt payments to 2027 and renegotiating repayment terms to extend it to 2042.In April 2022, the island nation announced the loss of its sovereignty for the first time since gaining...
New Delhi [India], Over the past decade, the market share of the top five cement companies has grown steadily, from 4 percent in March 2015 to 54 percent by December 2023. According to ICRA, forecasts suggest this trend will continue. With growth expected to reach 55 percent by March 2025...
PN Jaipur (Rajasthan) [India], May 30: Motisons Jewelers Limited (Motisons, BSE NSE: INE0FRK01012), one of the leading jewelery retailers, has reported audited financials for Q4 and FY24. Key Financial Highlights
Highlights for FY24 During FY24, we recorded strong financial results with a...
New Delhi, Tata Steel on Wednesday reported a 64.59 per cent decline in its consolidated net profit at Rs 554.56 crore during the March 2024 quarter due to lower realizations and some extraordinary items.It had made a profit of Rs 1,566.24 crore in the year-ago period, the company said in a...
New Delhi: Saluting the economic management of the Modi government, S&P Global Ratings has upgraded India's sovereign rating outlook to stable due to strong growth after a gap of 14 years, improvement in the quality of public spending over the last 5 years and expectations of broad...
S&P Global said that "the positive outlook reflects our view that policy stability will continue, economic reforms will be deepened and higher investment in infrastructure will sustain long-term growth prospects"."With a cautious fiscal and monetary policy that reduces the government's...
New Delhi, S&P Global Ratings on Wednesday raised India's sovereign rating outlook to positive from stable, while maintaining the rating at 'BBB-' on strong growth and better quality of government spending.S&P said it could upgrade India's sovereign rating over the next 2 years if the country...
New Delhi, Inox Wind Energy has raised Rs 900 crore through equity share sale of Inox Wind Ltd, a subsidiary of InoxGFL Group.According to a regulatory filing, this is a significant step towards completely eliminating external debt at Inno Wind Ltd.Inox Wind is India's leading wind energy...
New Delhi, Fitch Ratings on Monday announced it has upgraded the ratings of Oy parent firm Oravel Stays, citing the hospitality company's improved financial profile.According to a statement, Fitch has raised Oravel Stay's long-term foreign and local currency issuer default ratings to 'B' from...
Dharamshala, Former minister and BJP leader Major Vijay Singh Mankotia on Tuesday accused the state's Congress government of discriminating against Kangar district.Addressing a press conference here, he said that despite promises, Dharamshala has not been developed as the second capital of the...