India Budget 2024-25 News Highlights: By raising LTCG tax to 12.5 per cent and STCG tax to 20 per cent, the overhang for stock markets gets removed
Posts in category Business Standard
Global Health acquires land for purpose of building 500-bed hospital in Mumbai (23-07-2024)
The aforesaid land parcel is situated at Mauje-Oshiwara, Jogeshwari, CTS No. 31, 32 (part), 33 (part), 37 (part), Mumbai, Maharashtra and can accommodate construction of a 500+ bedded hospital with an estimated project capex of Rs. 1,200 crore, subject to various customary and
statutory approvals.
HUL Q1 PAT rises 3% YoY to Rs 2,538 cr (23-07-2024)
The FMCG major reported 2.67% rise in standalone net profit to Rs 2,538 crore in Q1 FY25 as compared to Rs 2,472 crore recorded in Q1 FY24.
Dynamic Portfolio Management & Services standalone net profit declines 33.33% in the June 2024 quarter (23-07-2024)
Sales decline 50.00% to Rs 0.18 crore
Thyrocare Technologies consolidated net profit rises 39.71% in the June 2024 quarter (23-07-2024)
Sales rise 16.32% to Rs 156.91 crore
Budget 2024: Modi 3.0 govt simplifies taxes, fosters foreign investments (23-07-2024)
India Budget 2024 tax rules: In order to achieve the vision of simplifying taxes, FM Nirmala Sitharaman announced a comprehensive review of the Income Tax Act, 1961
Heritage Foods hits the roof as Q1 PAT zooms to Rs 58 crore (23-07-2024)
Heritage Foods was locked in an upper circuit of 5% at Rs 574.70 after its consolidated net profit zoomed to Rs 58.43 crore in Q1 FY25 as against Rs 16.74 crore recorded in Q1 FY24.
Nifty July futures trade at discount (23-07-2024)
The NSE’s India VIX tanked 17% to 12.75.
Welspun Specialty Solutions standalone net profit declines 82.50% in the June 2024 quarter (23-07-2024)
Sales decline 0.45% to Rs 162.10 crore
Budget 2024: How stock market experts decode Nirmala Sitharaman’s speech (23-07-2024)
Following the Finance Minister’s speech, experts have shared their outlook and key takeaways from the Budget 2024 announcements