The first Monetary Policy Committee (MPC) meeting of financial year 2025 will be held on Friday, and the Reserve Bank of India is unlikely to cut rates.
The Central Board of Direct Taxes (CBDT) has facilitated taxpayers to file their Income Tax Returns (ITRs) for the Assessment Year 2024-25 (relevant to Financial Year 2023-24) from April 1, 2024 onwards.
ICRA expects a muted 8-9 per cent recovery in revenues of its sample companies to Rs 28,150 crore in the financial year 2025 from Rs 26,000 crore, benefiting from the low base and replenishment of stock in the US and EU regions.
The RBI typically conducts six bimonthly meetings in a financial year, where it deliberates interest rates, money supply, inflation outlook, and various macroeconomic indicators.
Paradip Port Authority has achieved new heights with the recent record-breaking throughput of 145.38 million tonne in cargo in the just-concluded financial year 2023-24, according to a press release from Ministry of Ports, Shipping and Waterways.
State-owned green financing company Indian Renewable Energy Development Agency Limited (IREDA) has achieved its highest-ever annual loan sanctions and disbursements in the just-concluded financial year 2023-24.
Ministry of Corporate Affairs posted on X, "MCA records the highest number of incorporations during 2023-2024, surpassing any of the previous financial years."
Defence exports have touched a record Rs 21,083 crore (approximately USD 2.63 billion) in the financial year 2023-24, with a growth of 32.5 per cent over the last fiscal when the figure was Rs 15,920 crore, a Ministry of Defence release said.
Riding on the gains from the previous financial year, Indian stock indices kicked off the new fiscal 2024-25 on a bullish note. The benchmark indices - Sensex and Nifty - hit fresh all-time highs on Monday
Financial year 2023-24 marked a milestone with total gross GST collection of Rs 20.14 lakh crore, exceeding Rs 20 lakh crore with a 11.7 per cent increase compared to the previous fiscal year.
Defence Minister Rajnath Singh posted on x," Delighted to inform everyone that the Indian Defence Exports have scaled to unprecedented heights and crossed Rs 21000 crore mark for the first time in the history of Independent India! India's defence exports have recahed to the level of Rs.21
HAL recorded the highest ever revenue from operations of over Rs. 29,810 crores (provisional and unaudited) for the financial year ended on March 31, 2024.