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?
Figure it out • 2m
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
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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
See MoreMechanical 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
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According to the International Monetary Fund's April 2025 World Economic Outlook, India is projected to become the world's fourth-largest economy in 2025. The IMF anticipates India's nominal GDP for the fiscal year 2026 to reach $4.187 trillion, sl
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