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Sumangal Bose

Jack of all trades • 1y

Most important financial news of this week related to Indian Economy. ¶° India’s fiscal deficit for April-May stood at Rs 50,615 crore or 3% of the total estimated fiscal deficit for the entire financial year. ¶° India’s infrastructure output rose 6.3% year-on-year in May (vs 6.7% in April): Commerce Ministry. ¶° Emcure Pharma has kept its IPO price band at Rs 960 to Rs 1,008 per share. Subscription will be open from 3 July to 5 July. ¶° The Indian government’s total gross liabilities rose to Rs 171.78 lakh cr in the Jan-March quarter (vs 166.14 lakh cr in December end): Finance Ministry. Anything more would you like to add?

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Mahendra Lochhab

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India's finished steel imports rose by 22% in fiscal year 2023-24, though growth slowed in the first half of fiscal year 2024-25 after safeguards were implemented.

Muttu Havalagi

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🚨India's GDP grows by 6.7 per cent in April-June quarter this fiscal against 8.2 per cent a year ago

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Anonymous

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Deepinder Goyal-led Zomato's revenue rose 74% year-on-year to Rs 4,206 crore in Q1FY25. Meanwhile, the company's net profit jumped to Rs 253 crore. During the same quarter last year, Zomato posted a net profit of Rs 2 crore and a revenue of Rs 2,

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Dream Sports slipped into the red in the fiscal year ended March 2025 (FY25), reporting a net loss of ₹478.9 Cr as against a net profit of ₹1,295.3 Cr in the previous fiscal year. Its FY25 operating revenue declined 14.8% to ₹6,759.3 Cr from ₹7,933.

Gangesh Rameshkumar

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Today's term of the day: Fiscal Year A fiscal year is a 12 month accounting period that a company uses for financing purposes. Unlike a calnedar, it doesn't need to start on Jan 1 and end on 31st Dec. Businesses typically have their fiscal years al

Account Deleted

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Adil Qadri's perfume brand, AdilQadri, is currently valued at approximately 200 crores. The brand has experienced substantial revenue growth, increasing from Rs 5.3 crore in the fiscal year 2020-21 to Rs 10 crore in 2021-22, and further rising to R

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AprameyaAI • 1y

The Union Budget 2024 is set to be presented on July 23, 2024. "Morgan Stanley" expects the fiscal deficit target to be retained at 5.1% of GDP in F2025 and to reach 4.5% of GDP by F2026. The stock market tends to fall 80% of the time in the 30 days

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Vikas Acharya
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Furniture rental startup Rentomojo nears Rs 200 crore FY24 operating revenue Furniture and appliance rental platform Rentomojo posted operating revenue of nearly Rs 200 crore in the last fiscal year as the Bengaluru-based company benefited from peop

Manoj S

Hey I am on Medial • 2y

10 Things that you need to consider as a startup or Business before end of Fincancial Year 31st March 2024 Accounting & Taxes: ✅ Finalize books (FY23-24). ❓ Check TDS deadlines. ❓ Review TDS/TCS for high-value transactions (if applicable). ❓ Review

Shreyas Ramdasi

Mechanical Engineer • 1y

Billionaire businessman Gautam Adani has increased his stake by 1.32% in Adani Enterprises from the open market in April to June quarter, a statement to stock exchanges stated on June 14.Adani Enterprises had reported a consolidated net profit of Rs