jumped 1.4% to their day’s high of Rs 856.75 on the BSE after the Supreme Court stayed proceedings related to a Rs 5,712-crore Goods and Services Tax (GST) notice issued to Paytm-owned First Games by the Directorate General of GST Intelligence (DGGI), New Delhi. The update was shared in a regulatory filing by , the … Read more
CHENNAI: Stress in the sector has left microfinance institutions bleeding. Listed MFIs have either reported a loss or a substantial decrease in their profits in the March quarter. This comes on the back of multiple factors including deterioration in asset quality, rising credit costs, borrower overleveraging and rising borrower overlaps that impacted the performance of … Read more
Shares of on Monday surged 1.6% to their day’s high of Rs 729.90 on the BSE after announced a delay in the implementation of a 50% tariff on (EU) goods. Additionally, Tata Motors’ segment was among the few globally to report a positive EBITDA margin in the last fiscal year. The Mumbai-based automaker highlighted that … Read more
Source: ACE MF. *2025 data is YTD based on 20 May 2025 closing values. Other years’ returns are calculated between the first and the last trading day closing values. Indices considered: Auto: Nifty Auto, Banks : Energy: Nifty Energy, FMCG : Nifty FMCG, Infra: Nifty Infrastructure, IT: Nifty IT, Metals: Nifty Metal, Pharma: Nifty Realty.
jumped 2.4% to their day’s high of Rs 352.85 on the BSE on Monday after the company reported a 22% year-on-year (YoY) rise in consolidated net profit for Q4FY25 to Rs 7,897 crore, up from Rs 6,490 crore in the year-ago period. Revenue from operations rose 3.2% to Rs 49,834 crore, compared to Rs 47,628 … Read more
NEW DELHI: Groww, a retail broking platform in India, has filed draft papers with Sebi for an initial public offering ( IPO ) estimated between $700 million to $1 billion. The IPO will be a mix of a fresh issue of equity shares and an offer for sale (OFS) by existing shareholders, sources told news … Read more
NEW DELHI: Gold is experiencing a sustained upward trend, and could rise to $4,00 to 5,000 in the medium term, with a potential peak of $8,900 by 2030, driven by factors such as rising inflation, global economic uncertainty, as per reports. “The forecast corridor of $4,800 to $8,900 depends mainly on how inflationary the next … Read more
Government-owned nonbank financial institutions in India will likely gain more market share in the coming year or two since they play a key role in supporting economic development as part of the country’s official policy, according to an S&P Global report released on Monday. “Financial services is one of the four strategic sectors in India. … Read more
Mumbai: India’s top 50 listed companies, under the Nifty50 group, earned a profit of Rs 6.44 lakh crore in FY25. Out of this, Rs 2.76 lakh crore was distributed as dividends — the second highest payout in the last 10 years. Only 3 per cent Profit Growth, But 15.8 per cent Dividend Surge In FY25, net … Read more
Mastering personal finance isn’t just about budgeting, but more about how well you manage your expenses. By knowing where your money goes, you can make some informed decisions that will take you one step closer to your financial goals. Here’s a look at some techniques to gain control over your finances with the help of … Read more