In Q3 FY24, provisions included Rs 627 crore on investments in Alternate Investment Funds as per the RBI’s December notification
Markets appeared to have recovered, for the moment, even as Israel was preparing for a likely ground offensive into Gaza and fears deepened that the conflict could spread along Israel’s border with Lebanon.
Adani Group on Thursday said it has formed a 50:50 joint venture with Japanese conglomerate Kowa Group for sale of green hydrogen in Japan, Taiwan and Hawaii markets.
Israel witnessed an unprecedented multi-front attack by air, land and sea by Hamas, which rules the Gaza Strip, in its southern parts on Saturday morning.
S&P said India’s banks, especially the state-owned lenders, have improved their key performance metrics in recent quarters, preparing them better for a challenging global environment.
The decision on allowing sugar exports during the current 2023-24 marketing year (October-September) will be taken after the agriculture ministry comes out with the production estimates of sugarcane, Union Food Secretary Sanjeev Chopra said.
The consolidated net profit of Rs 10,644.30 crore in April-June (first quarter of current 2023-24 fiscal year) compared to a net loss of Rs 6,147.94 crore in the same period last year, according to a company’s filing with the stock exchanges.
On the issue of movement of professionals, the official said that immigration debate and the ongoing FTA discussions in services are completely different things.
For October-December, interest rate for 5-year recurring deposit has been hiked to 6.7 per cent from 6.5 per cent, a hike of 20 basis points.
The higher TCS rates of up to 20 per cent are applicable on various international spends such as overseas tour packages which include travel related to medical treatment, business, education, pilgrimage, personal gifts and donations, family maintenance and investments.