Tag: dividend

In FY22-23, the company made a record dividend payout of around <span class=
Posted in Business

Hindustan Zinc plans ₹8,000 crore special dividend, promoter Vedanta may get ₹5,100 crore for de-leveraging

Vedanta group firm Hindustan Zinc Ltd (HZL) plans to dole out a special dividend payout of ₹8,000 crore to its shareholders in the current fiscal,…

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Budget 2024 could expand AIS to include 6 more incomes of individuals
Posted in Finance

Budget 2024 could expand AIS to include 6 more incomes of individuals

The government introduced the Annual Information Statement (AIS) in Budget 2021. The objective is to make it easier for individual taxpayers to check their financial…

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The forex gains were on record currency sales of $213 billion, more than twice what the central bank sold in fiscal 2022.(REUTERS)
Posted in Business

Strong forex gains propel RBI’s FY23 income to ₹2.35 lakh crore

The Reserve Bank of India (RBI)’s income grew 47% to ₹2.35 lakh crore in fiscal 2023 on higher forex gains, up from ₹1.6 lakh crore…

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A Bharat Petroleum oil pump station displays the price of unleaded petrol and Diesel as a pedestrian walks past in New Delhi.(Reuters)
Posted in Business

Bharat Petroleum net profit surges by 168% to ₹6,780 crore in Q4 2023

Oil marketing company Bharat Petroleum Corporation (BPCL) has posted a 168 per cent growth in its net profit to ₹6,780 crore for the quarter ended…

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RBI to transfer Rs 87,416 cr surplus to govt for FY23, up from ₹30,307 cr a year earlier
Posted in Economy

RBI to transfer Rs 87,416 cr surplus to govt for FY23, up from ₹30,307 cr a year earlier

Mumbai: The Reserve Bank of India nearly tripled its annual surplus transfer to the government, helping the state reap a windfall that will ease worries…

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Reserve Bank of India Dividend: Reserve Bank of India to transfer Rs 87,416 crore as dividend to Centre for FY23
Posted in Economy

Reserve Bank of India Dividend: Reserve Bank of India to transfer Rs 87,416 crore as dividend to Centre for FY23

The Reserve Bank of India’s board Friday approved the transfer of Rs 87,416 crore as surplus to the Central government. It also decided to raise…

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Posted in Economy

RBI dividends to Modi’s government may double, aiding fiscal gap

The Reserve Bank of India board may decide to nearly double its dividend to the government from official estimates due to revaluation gains and profits…

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RBI dividend: Reserve Bank of India expected to consider dividend payout this week
Posted in Economy

RBI dividend: Reserve Bank of India expected to consider dividend payout this week

The Reserve Bank of India’s board is expected board to meet on Friday when it is expected to consider a dividend payout to the government,…

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ET Awards: Dollar 5 T economy not possible without private sector increasing pace of capex, says Industry leaders
Posted in Economy

ET Awards: Dollar 5 T economy not possible without private sector increasing pace of capex, says Industry leaders

The Economic Times Awards for Corporate Excellence hosted a discussion by some of India’s sharpest minds. The subject: Private Sector Capex Revival: Key to 8%…

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Personal income tax to GDP ratio rises to 2.94 per cent in FY22
Posted in Economy

Personal income tax to GDP ratio rises to 2.94 per cent in FY22

Personal income tax as a percentage of GDP has gone up from 2.11 per cent in 2014-15 to 2.94 per cent in 2021-22 fiscal, indicating…

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