Tag: financial year 2024-25

Finance Commission grants UP Rs 1,599 cr, while Andhra gets Rs 446 cr for rural development
Posted in Economy

Finance Commission grants UP Rs 1,599 cr, while Andhra gets Rs 446 cr for rural development

The central government on Tuesday released funds under the Fifteenth Finance Commission (XV FC) grants for rural local bodies in Uttar Pradesh and Andhra Pradesh…

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Ola Electric CMD Bhavish Aggarwal addresses the media during the announcement of the company's forthcoming initial public offering (IPO), in Mumbai(PTI)
Posted in Business

Ola Electric may lay off 500 workers as company faces financial challenges: Report

Ola Electric Mobility Limited is now planning to lay off more than 500 employees across various roles as part of a new restructuring exercise to…

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Gross enrolments under Atal Pension Yojana cross 7 crore mark
Posted in Economy

Gross enrolments under Atal Pension Yojana cross 7 crore mark

The gross enrolments under the Atal Pension Yojana have crossed the 7 crore mark, the Pension Fund Regulatory and Development Authority said on Tuesday. This…

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Indian economy to grow at 6.5-7% in FY 2024-25 on steady state basis, says CEA Nageswaran
Posted in Economy

Indian economy to grow at 6.5-7% in FY 2024-25 on steady state basis, says CEA Nageswaran

Chief Economic Advisor (CEA) to the Union government, V Anantha Nageswaran, on Friday said that the Indian economy is expected to grow at a rate…

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Signage for Fitch Ratings in New York. (AP)
Posted in Business

Indian IT services revenue growth to remain modest on soft IT spending: Fitch

The annual revenue growth of the Indian IT services sector is likely to remain around the mid-single digits for financial year 2024-25), said Fitch Ratings….

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A loader loads coal in the truck at an open cast coal field at Topa coal mine in the Ramgarh district in the eastern Indian state of Jharkhand, India, February 27, 2024. (Amit Dave/Reuters)
Posted in Business

Coal India Q1 2024-25 results: Net profit up 4.24%, revenue up 1.33%

Jul 31, 2024 05:54 PM IST Coal India saw a 4.24% increase in net profit for Q1 2024-25 Coal India Ltd has released its first…

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Adani Total Gas posts rising revenue and net profit for the first quarter of 2024-25 (Reuters)
Posted in Business

Adani Total Gas Q1 results: Net profit rises 14.39%, revenue up 9.13%, total expenses up 7.49%

Jul 29, 2024 05:20 PM IST Adani Total Gas sees its net profit rising 14.39%, revenue growing 9.13%, and expenses up by 7.49% Adani Total…

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