In an exclusive interview with India Today TV's News Director Rahul Kanwal, Martin Wolf, Chief Economics Commentator, Financial Times, explains why he thinks India is well-poised to be the next superpower.
EPFO fixed the interest rate at 8.25% for 2023-24 on February 10, 2024. The interest rate for the previous year (2022-23) was 8.15%, while for 2021-22, the rate was 8.10%, the lowest since 1977-78 when the rate was 8%.
HCL Technologies on Friday reported a 20% year-on-year jump in net profit for the June quarter to Rs 4,257 crore. Its net profit in the same quarter last year was Rs 3,534 crore.
Food inflation rose to 9.55% in June, up from 8.69% in May and 4.55% in June 2023. Rural inflation climbed to 5.67% in June from 5.34% in May and 4.78% in June 2023.
Situated at India's southern tip, Vizhinjam deep-sea port holds strategic significance due to its proximity to major international shipping routes.
The S&P BSE Sensex rose 622 points to 80,519.34, while the NSE Nifty50 settled 184.85 points higher at 24,500.8.
Nomura India anticipates the government will revise down its fiscal deficit target for FY25 to 5% of GDP, a slight reduction from the 5.1% set in the interim budget.
The last date to file income tax return (ITR) for financial year 2023-24 (AY 25) is July 31, 2024.
Budget 2024: The new strategy, expected to be unveiled by Finance Minister Nirmala Sitharaman in the full budget on July 23, includes selling large parcels of underutilised land and monetising other assets.
In April 2024, TCS introduced a revised approach where quarterly variable payouts are tied to employees' office attendance.
The fund house informed unitholders through a notice-cum-addendum that Harshal Patel's resignation took effect on July 1.
India formally welcomed its first cargo ship at the newly built semi-automated transshipment port in Vizhinjam, Kerala, boosting the nation's maritime logistics industry.
Wipro shares gained sharply during intraday trade along with other information technology stocks.
Raymond shares bounced back, climbing 4.76% to reach a high of Rs 2,145 on the BSE after witnessing a fall of 40% on Thursday.
IREDA share price: Since its listing at Rs 50 per share, the stock has rallied approximately 470%, and it has gained nearly 185% in 2024 alone.
The biggest factor behind today's rally on Dalal Street is gains in IT stocks, driven by better-than-expected Q1 results posted by Tata Consultancy Services.
Union Budget 2024: Finance Minister Nirmala Sitharaman will present the full budget on July 23, with citizens eagerly hoping for some tax relief measures.
Anand Rathi Wealth reported a net profit of Rs 73.4 crore for the quarter ending March 31, 2024, marking a 38% increase compared to Rs 53.2 crore in the same period last year.
TCS share price: The IT services provider reported strong revenue growth, solid margins despite wage hikes, and an increase in headcount after six consecutive quarters of decline or stagnation.
The S&P BSE Sensex was up 113.98 points at 80,011.32 at around 10:21 am, while the NSE Nifty50 rose 58.60 points to trade at 24,374.55.
