The development comes a day after the Rajasthan High Court's Jodhpur bench passed an interim order directing the CBDT to extend the last date for filing tax audit reports to October 31.
Notably, in FY23, the net FDI was $28.0 billion.
The year-on-year increase in profit in absolute terms rose by about Rs 37,100 crore in FY25.
The company also said in its official statement that it has become the first Indian company to post a net worth exceeding Rs 10 trillion.
India is on a trajectory to achieve steel production capacity of 300 million tonnes (MT) and a per capita consumption of 160 kg by 2030, according to the government.
NMDC Steel Limited (NSL) has crossed a major operational milestone by producing over two million tonnes of hot metal in the financial year 2024–25 at its integrated steel plant in Nagarnar, Chhattisgarh.
India's business activity ended FY25 on a strong note, with the manufacturing sector posting a robust expansion in sales and production during March, driven by a rising demand for goods.
The Ministry of Coal said on Wednesday that the total coal production from captive and commercial mines for the financial year 2024-25 has reached 167.36 million tonnes (MT) as of February 2025.
In a significant move during her Union Budget speech, Finance Minister Nirmala Sitharaman has allocated Rs 6.81 lakh crore to the defence sector for FY25, marking a modest increase from last year’s allocation of Rs 6.21 lakh crore. This reflects the government’s unwavering focus on fortifying India’s defence capabilities.
ICICI Bank reported a 14.8% year–on–year (Y-o-Y) increase in net profit to Rs 11,792 crore in the quarter-ended December (Q3FY25), due to steady growth in net interest income (NII) and a robust increase in non-interest income, according to an official release.
