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Mahanagar Gas reported a consolidated net profit of Rs 317.18 crore in the December 2023 quarter, which is 84 percent higher YoY.

Consolidated revenue from operations grew 30 percent YoY to Rs 602 crore in Q3FY24, from Rs 462 crore in the previous fiscal.

The fiscal deficit target for FY25 in the midst of weaker nominal GDP growth and disinvestment shortfall will be below 6 percent, slightly around 5.2-5.5 percent. This fiscal glide path is crucial to reach the 4.5 percent fiscal deficit to GDP by 2025-26

Benchmark indices touched a new all-time high at the start of the week but lost 1.5 percent. The smaller indices, however, continued to outperform, with the Mid-cap index gaining 1.3 percent and touching a new high

The build-own-operate project is part of a 2GW bid issued by the SECI to develop Inter State Transmission System (ISTS)-connected wind-solar hybrid power projects throughout India, a company statement said.

As a small open economy, Hong Kong is vulnerable to financial contagion and capital flights. Since 2009, hot money has flown in to be closer to China, just as it did in the 1990s en route to Southeast Asia. People nowadays question the city’s viability as a financial centre, reminiscent of the prevailing sentiment in… Continue reading China Economy: Hong Kong is facing a repeat of 1998 Asia financial crisis on January 24, 2024 at 4:29 am

Experts anticipate that this decline will only intensify from here on and suggest investors to exercise caution in this holiday-shortened week

The bank sold 2 percent of the 29,20,724 equity shares (of Rs. 10 each) held by the Bank in Computer Age Management Services Limited (CAMS), post the effective date (July 1, 2023) of the merger of HDFC Ltd. into HDFC Bank.

The company#39;s net order book has surged to its highest at Rs 24,000 crore, up from Rs 21,500 crore as of March 31

Net interest income (NII) for the reporting period was around Rs 4,159 crore, 18 percent higher than the previous fiscal.