United Spirits Q1 results: Net profit increases 1.7% to Rs 485 crore | Company Results

United Spirits Q1 results: Net profit increases 1.7% to Rs 485 crore | Company Results

India on Tuesday unveiled the spending of billions of dollars to create new jobs as a part of its budget after the election. 1 min read Last Updated : Jul 23 2024 | 9:46 PM IST United Spirits Ltd on Tuesday reported a 1.7 per cent rise in consolidated net profit to Rs 485 … Read more

SC declines pleas to cancel NEET-UG 2024

SC declines pleas to cancel NEET-UG 2024

The Supreme Court on Tuesday refused to cancel the undergraduate National Eligibility-cum-Entrance Test (NEET-UG) 2024 held on May 5. The Supreme Court stated that there is no material on record “at the present stage” to prove that a systemic leak of question papers has destroyed the sanctity of the exams held annually for medical admissions … Read more

Markets signalling green shoots in recovery: HUL’s Jawa

Markets signalling green shoots in recovery: HUL’s Jawa

Mumbai: Consumer goods maker Hindustan Unilever Ltd on Tuesday said signs of green shoots in rural markets have surfaced with the company’s low-priced packs seeing strong offtake and categories such as hair care and soaps doing well. A progressing monsoon as well as Tuesday’s measures announced by the government to invest in the agrarian economy … Read more

Macau bets on switch from gaming to GBA tourism hub

Macau bets on switch from gaming to GBA tourism hub

The last time Macau’s casino operators completed a fifth of their concession license was in 2005. Back then, the city’s gross gaming revenue (GGR) reached $6 billion, about half of what was played out across Nevada’s slot machines and card tables. But as Asia’s gaming hub matured, Macau quickly overshadowed its US counterpart, topping $37 … Read more

Bajaj Finance Q1 results: Cons. PAT grows 14% YoY; AUM jumps 31%

Bajaj Finance Q1 results: Cons. PAT grows 14% YoY; AUM jumps 31%

NBFC major Bajaj Finance – a Nifty50 constituent came up with its Q1 earnings just after the close of the market on Tuesday (July 23, 2024). The company reported a consolidated net profit of Rs 3,912 crore. While its assets under management as of June 30, 2024 are reported at Rs 354,192 crores.  Zee Business … Read more

Major GST Highlights, CFO News, ETCFO

Major GST Highlights, CFO News, ETCFO

Union Minister of Finance, Nirmala Sitharaman, in her Budget speech for the fiscal year 2024-25, declared the Goods and Services Tax (GST) a significant success. The Minister emphasized that GST has substantially decreased the tax incidence on the common man, while also reducing the compliance burden and logistics costs for trade and industry. Here are … Read more

More student loan borrowers are getting relief through bankruptcy thanks to Biden’s rule change

More student loan borrowers are getting relief through bankruptcy thanks to Biden’s rule change

A growing number of Americans struggling with the burden of student loans are turning to bankruptcy and successfully discharging this debt. (iStock) An increasing number of borrowers who filed cases seeking student debt discharge are successfully receiving debt relief through bankruptcy after a policy change by President Joe Biden’s administration, according to the Department of … Read more

Union Budget 2024 – Income Tax Slabs, Capital Gains: Changes Announced In Budget 2024

Union Budget 2024 – Income Tax Slabs, Capital Gains: Changes Announced In Budget 2024

The Budget gives income tax relief to some to boost spending. New Delhi: Finance Minister Nirmala Sitharaman today presented the government’s first budget after the recently concluded Lok Sabha Elections. The Union Budget 2024 proposes a slew of changes in taxation policies – from giving income tax relief to some to boost spending to rationalising … Read more