File photo of halwa ceremony Budget 2025 halwa ceremony: The Halwa ceremony, marking the final stage of the Union Budget 2025-26 preparation process, will be held on Friday, 24 January 2025 at 5 PM in North Block, in the presence of Union Finance Minister Nirmala Sitharaman. The budget session of parliament will begin on January…
NEW DELHI: CropLife India on Friday urged the government to reduce goods and services tax (GST) on agrochemicals to 12 per cent and maintain a uniform 10 per cent basic customs duty for technical raw materials and formulations in its upcoming Budget proposal. The industry body also demanded a 200 per cent weighted deduction on…
NEW DELHI: Entities that are not required to get a GST registration but are required to make a tax payment under the GST Act provision can now obtain a Temporary Identification Number (TIN). The Central Board of Indirect Taxes and Customs (CBIC) has notified an amendment to GST rules to issue TIN to entities that…
Continuous foreign fund withdrawals also affected market sentiment. (AI image) Stock market today: Stock market indices Sensex and Nifty ended lower after initial gains in a volatile trading session on Friday, breaking their two-day positive momentum as investors reduced positions in realty, oil & gas and healthcare sectors amidst mixed global market signals. Continuous foreign…
NEW DELHI: Indus Towers on Thursday reported more than doubling of its consolidated net profit to Rs 4,003 crore in the third quarter of 2024-25 on the back of strong tower and colocation additions as well as significant collections of overdue from “a major customer”. The December quarter had a write-back of Rs 3,024 crore…
NEW DELHI: The initial public offer of Denta Water and Infra Solutions received 50.63 times subscription on the second day of bidding on Thursday. The initial share sale received bids for 26,58,10,750 shares against 52,50,000 shares on offer, translating into 50.63 times subscription, according to data available with the NSE. The portion for non-institutional investors…
NEW DELHI: Adani Green Energy Ltd (AGEL) on Thursday posted over 85 per cent rise in consolidated net profit to Rs 474 crore for December quarter on the back of higher revenues from power supply. The company had logged a net profit of Rs 256 crore in the year-ago period, according to a BSE filing….
HYDERABAD: Despite posting record revenues, pharma major Dr Reddy’s Laboratories on Thursday reported a marginal 2% increase in consolidated profit after tax (PAT attributable to equity holders) at Rs 1414.3 crore as compared to Rs 1,379 crore in the corresponding quarter of last fiscal year.The company posted a 16% jump in revenues at nearly Rs…
Budget 2025 labour code: Several implementation options are under consideration, including a three-phase deployment. Budget 2025 expectations: Finance Minister Nirmala Sitharaman in her Union Budget 2025 speech may outline a strategy in the forthcoming budget for a gradual implementation of labour codes beginning next fiscal year, prioritising larger establishments.Official sources informed ET that several implementation…
Data from the India Bullion and Jewellers Association (IBJA) showed 24-carat gold closed at Rs 80,194 per 10 gms. (AI image) Gold prices surpassed Rs 80,000/10 gm for the first time on Wednesday, according to data from a leading industry organisation, reflecting increased safe-haven demand from investors concerned about potential market volatility following an anticipated…
