Parent company of fintech giant Paytm, One97 Communications, on Friday reported that its consolidated loss had widened to Rs 840.1 crore for the quarter ended June 30, 2024 (Q1FY25).
The notion of imposing additional taxes on billionaires has resurfaced, with the Congress party urging Prime Minister Narendra Modi to consider such measures.
In the ever-evolving landscape of finance, 2024 seems poised to usher in a resurgence of interest in convertible bonds. These financial chameleons, offering a steady income while retaining the capacity to transform into shares at predetermined prices, appear set for a revival.
Private sector ICICI Bank on Saturday said it closed the second quarter of FY24 with an increased net profit of Rs 10,261 crore.
Finance Minister Nirmala Sitharaman on Monday advised NABARD to work towards ensuring efficiency and outcomes at the ground level with improvement in rural income as top priority.
The contractors were allegedly routing their unaccounted money through international hawala transactions to certain foreign jurisdictions and also indulging in purchase of benami properties, said a senior officer of the Ministry of Finance here on Thursday.
Between 1995 and 2021, the top one per cent wealthiest people in the world captured 38 per cent of the growth in global wealth, whereas the bottom 50 per cent had a pitiful 2 per cent share.
The IT department has also seized fourteen bank lockers which were allegedly used to keep the unaccounted cash, benami property papers and jewellery, said a senior officer of the Finance Ministry.
CM announced financial package towards marginalized people to help them tide over the pandemic-induced loss of job and income.
The NTPC Group's total installed capacity has increased to 55,126 MW as on March 31, 2019 from 53,651 MW as on March 31, 2018.
