REDA Share Price, IREDA Stock Price Updates: IREDA recorded loan sanctions at ₹9,136 crore and loan disbursements at ₹5,320 crore during first quarter ended June 30, 2024, a growth of 382.62% and 67.61%, respectively over corresponding quarter of FY 2023-24. Loan book stood at ₹63,150 crore, a record growth of 33.77%. ALL UPDATES July 01,…
Union Budget 2024: The Prime Minister Narendra Modi-led government is contemplating measures worth over ₹50,000 crore ($6 billion) to boost consumption in India’s upcoming Union Budget. This includes potential tax cuts for lower income individuals, marking the first such cuts in seven years, sources told Bloomberg. Finance Ministry officials are evaluating proposals to reduce taxes…
A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: Reuters Benchmark indices rebounded after falling in early trade on June 27, with the Sensex breaching the historic 79,000-mark for the first time and the Nifty hitting its fresh record high, amid buying in blue-chip stocks. The 30-share BSE Sensex jumped 339.51 points…
Projecting that the plastic recycling industry would grow to $6.9 billion by 2033, the All India Plastic Manufacturers’ Association (AIPMA) and the Chemicals and Petrochemicals Association (CPMA), have announced to organise a Global Conclave on Plastics Recycling and Sustainability (GCPRS), from July 4 to 7 at Bharat Mandapam in Pragati Maidan, Delhi. The Conclave will…
Estate and succession planning is now a priority for a lot of families and it might not necessarily be restricted strictly to the elite families. It is seen that a lot of families are keen on creating a structure so that their children don’t have to face any issues after they are gone. Swati Saxena,…
Gold price on Friday rose ₹4 to ₹73,135 per 10 gram in futures trade as speculators created fresh positions on a firm spot demand. On the Multi Commodity Exchange, gold contracts for August delivery traded higher ₹4 or 0.01 per cent at ₹73,135 per 10 grams in a business turnover of 16,751 lots. Also read:…
Niva Bupa Health Insurance, formerly Max Bupa has filed its draft red herring prospectus for a ₹3,000 crore initial public offering, of which ₹800 crore would be raised through a fresh issue and ₹2,200 crore would be an offer-for-sale by promoter and selling shareholders. Under the OFS portion, Bupa Singapore Holdings Pte would be selling…
In a meeting with Union finance minister Nirmala Sitharaman on Friday as part of consultations ahead of the annual budget for 2024-25, they also urged higher allocations to strengthen the Agricultural and Processed Food Products Export Development Authority (APEDA), a government export trade promotion body. The upcoming full-year budget is expected to be presented in…
At the interbank foreign exchange market, the local unit opened at 83.56 and gained further ground to trade at 83.49 against the greenback in initial deals, registering an increase of 8 paise from its previous closing level. File | Photo Credit: V.V. Krishnan The rupee appreciated 8 paise to 83.49 against the U.S. dollar in…
FILE PHOTO: Indian twenty rupee currency notes are displayed at a roadside currency exchange stall in New Delhi, India, May 24, 2024. REUTERS/Priyanshu Singh/File Photo | Photo Credit: PRIYANSHU SINGH In the first two months of 2024-25, the Centre’s fiscal deficit stood at ₹50,000 crore or just 3% of the full-year figure penned into the…
