[ad_1] Stock market holiday (AI image) Stock market holiday: The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) are closed for trading on Monday, March 31, due to Eid al-Fitr 2025 celebrations. Following the regular weekend closure on March 29 and March 30, trading activities will recommence on Tuesday, April 1.During this holiday, all…
[ad_1] NEW DELHI: Punjab National Bank (PNB) , the country’s second largest public sector lender, is set to step up its focus on customer service as well as retail, agriculture and MSME lending, while targeting corporate loans that give higher returns, the bank’s new MD and CEO Ashok Chandra told TOI.Chandra, who took over in…
[ad_1] NEW DELHI: Foreign investors have infused nearly Rs 31,000 crore in Indian equity markets in the last six trading sessions primarily due to attractive valuations, appreciation in the rupee and improvement in macroeconomic indicators. The re-emergence of FPIs as buyers contributed to a smart recovery of about 6% in benchmark index Nifty, reflecting renewed…
[ad_1] IndiGo’s parent company, InterGlobe Aviation, faces a Rs 944.2 crore penalty imposed by the Income Tax department for the Assessment Year 2021-22. The company described the order as erroneous and plans to pursue legal remedies, stating it will not significantly impact its financials, operations, or other activities. The dispute arises from an appeal still…
[ad_1] NEW DELHI: The Indian economy is likely to grow at 6.5% in the fiscal year starting April 1, EY Economy Watch said. The March edition of the report projects India’s real GDP growth at 6.4% in FY25. It highlighted the need to realign fiscal policy to support growth. [ad_2] Source link
[ad_1] NEW DELHI: InterGlobe Aviation, the parent company of IndiGo, has been issued a penalty of Rs 944.20 crore by the Income Tax Department for the assessment year 2021-22. The airline, however, has rejected the order, calling it “erroneous and frivolous,” and has vowed to challenge it through legal means.IndiGo to challenge tax orderThe penalty…
[ad_1] Analysts expect equity markets to be influenced by the implications of the April 2 reciprocal tariffs on global trade, along with trends in overseas markets and foreign institutional investor (FII) trading activity. The US has threatened to impose reciprocal tariffs on key trading partners, including India, which could significantly affect investor sentiment.“All eyes are…
[ad_1] Donald Trump (File photo -AP) US President Donald Trump has dubbed this Wednesday as “Liberation Day,” promising to unveil a new round of tariffs aimed at freeing the United States from reliance on foreign goods. While the details remain vague, the stakes are high for American families, businesses, and the global economy.What’s in store…
[ad_1] Venture capital fund Cedar-IBSi Capital announced that investments in India’s BankTech sector are projected to reach USD 1 billion by the end of 2027. As India aims to achieve its USD 7 trillion gross domestic product (GDP) target by 2030, the banking sector is expected to play a pivotal role in driving economic growth.“Investment…
