The country’s power consumption dipped 2.3% to 119.07 Billion Units (BU) in December, marking its first monthly decline in eight months due to lower demand for heating equipment, especially in the north, on account of mild winter, according to government data. Earlier in April 2023, power consumption had dipped nearly 1.5% to 130.08 BU…
Leading cement maker UltraTech’s consolidated sales rose by 6% to 27.32 million tonnes year-on-year in the third quarter ended Dec. 31, 2023. The total sales volume in the domestic market was up 5% to 26.06 MT during the quarter under review, the Aditya Birla Group firm said in a regulatory filing. The company’s grey cement…
The world sees a huge potential in India to challenge China’s dominance in the supply chain, Anand Mahindra said on Monday. Mahindra took to microblogging site X to wish New Year to all his followers. Mahindra while penning a long wish on the first day of 2024 talked about challenges faced by the Indian economy…
The Reserve Bank of India (RBI) on Monday said Rs 2,000 banknotes continue to be legal tender and that 97.38% of the withdrawn notes have returned to the system. RBI said that as on December 29, 2023, Rs 2,000 notes worth Rs 9,330 crore are still in circulation as against Rs 3.56 lakh crore…
Small cap company from Aerospace & Defense industry Apollo Micro Systems Ltd shares today hit 5.00% upper circuit and recorded spurt in volume by more than 1.45 times. Last trading price of Apollo Micro Systems share on BSE is Rs 119.90 per share with intraday gain of 4.99%. The company has a market capitalisation of…
Gold prices remained flat at Rs 63,920 per 10 grams in the national capital on Monday, according to HDFC Securities. Silver was also flat at Rs 78,500 per kilogram. “Spot gold prices (24 carats) in the Delhi markets are trading flat at Rs 63,920/10 gram, unchanged from the previous close. “In domestic markets, gold…
During the April-December 2023 period, gross GST collection witnessed a robust 12 per cent growth, reaching Rs 14.97 lakh crore, as against Rs 13.40 lakh crore collected in the same period of the previous year, the ministry said in a statement. The average monthly gross GST collection of Rs 1.66 lakh crore in the first…
Goods and Services Tax (GST) collections jumped 10 per cent to about Rs 1.64 lakh crore in December compared to Rs 1.49 lakh crore in the same month a year ago, the finance ministry said on January 1. During the April-December 2023 period, gross GST collection witnessed a robust 12 per cent growth, reaching Rs…
Leading brokerage firm Anand Rathi has recommended investors to buy small cap stock Dhanuka Agritech Ltd with target price of Rs 1200 per share. Last trading price of Dhanuka Agritech share on BSE is Rs 1084.50 per share with intraday gain of 2.92%. If you buy Dhanuka Agritech shares at last trading price of Rs…
Asian Paints on Monday informed that it has received a GST demand notice of Rs 13.83 crore and a penalty of Rs 1.38 crore from the Deputy Commissioner of State Tax, Chennai. The demand is for the financial year 2017-18 over mismatch on input tax credit (ITC), the leading paints maker said in a…