Wednesday, May 22, 2024

Bangladesh

Oil India Q4 Results: Net Profit Jumps 18% To Rs 2,333 Crore; 1:2 Bonus Share Announced

Oil India has declared its Q4 financial results.Oil India also approves a final dividend of Rs 3.75 per equity share of Rs 10 each (pre-bonus), which translates into final dividend of Rs 2.50 per share (post-bonus) for 2023-24...

Debt, Equity Holders Approve Merger of IDFC with IDFC First Bank

The board of IDFC First Bank presented the result of voting on the proposal for amalgamation before the NCLT.The National Company Law Tribunal (NCLT) convened a meeting on May 17 through video conferencing and other audio-visual means to...

SEBI Open To Oversight Of Crypto Trade, In Contrast To RBI: Report

SEBI’s stance has not previously been reported. (Representative image)SEBI said it could monitor cryptocurrencies that take the form of securities as well as new offerings called Initial Coin Offerings (ICO).India’s market watchdog has recommended that several regulators oversee...

Global VC Firms Eyes Controlling Stake in Snacks Business of Haldiram’s

Haldiram's, a household name in India, has more than 150 restaurants selling local food, sweets and western cuisine. It also has a popular snacks business for which the deal talks are currently ongoing. (Image: Reuters/File)The consortium of Blackstone,...

Renting Vs Owning A Home: Which Option Is Beneficial For You?

Stable housing costs shield homeowners from the vagaries of rental market fluctuations, facilitating better financial planning. (Representative image)Real estate values tend to appreciate over time, positioning homeowners for potential wealth accumulationIn the never-ending debate of whether to buy...

Tata Capital, Revolving, 13 Other NBFCs Surrender Registration Certificates, Says RBI

The certificates of registration were granted to them by the RBI.Nine Non-Banking Financial Companies (NBFC) have ceased to be legal entities due to amalgamation, merger, dissolution, or voluntary strike-offThe Reserve Bank of India (RBI) on Friday said 15...

Meet Jimmy Tata, Ratan Tata’s Brother Who Lives In A 2BHK Flat, Doesn’t Use Mobile

The black-and-white photo, which has the brothers smiling into the camera, was taken in 1945. A dog too is posing with the siblings. Although he owns a significant amount of the company's shares, he has always been known to...

Do You Know What Is a Flexi-Cap Mutual Fund? Check Key Features Here

Investors need to understand their investment goals and risk tolerance before choosing a mutual fund scheme.(Representative image)Equity mutual funds, including flexi-cap, are attracting more investors compared to fixed-income options, reflecting a growing risk appetite.The Indian mutual fund industry...

Gold Price Falls In India: Check 22 Carat Rate In Your City On May 4

Gold rate today in India on May 4, 2024. (Representative image)Check gold rates today in different cities on May 4, 2024; (In Rs/10 grams)Gold Rate Today In India: On May 4, 2024, gold prices continue to decline in...

US Fed Leaves Interest Rates Unchanged, Flags ‘Lack of Further Progress’ on Inflation

The US Federal Reserve held interest rates steady on Wednesday and signaled it is still leaning towards eventual reductions in borrowing costs, but put a red flag on recent disappointing inflation readings that could make those rate cuts...
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Latest News

RBI’s FY24 Dividend Payout Will Ease Fiscal Deficit By 0.4%, Cut Govt’s Borrowing Needs: Economists

The RBI's dividend amount of Rs 2.11 lakh crore is more than double what was paid in the...
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