HDFC Bank CSR spend crosses Rs 945 crore in FY24
Private sector HDFC Bank has reported a corporate social responsibility (CSR) spend of Rs 945.31 crore for the financial year 2023-24, an increase of nearly Rs 125 crore from the previous year. The bank’s CSR programme, Parivartan, has been active for over a decade and its initiatives, spread across 28 states...
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Rupee falls 3 paise to close at all-time low of 83.66 against US dollar
20 July 2024 | PTI -
Sensex, Nifty tumble after four days of record rally
20 July 2024 | PTI -
With growth steady, policy has to focus 'clearly and unambiguously' on inflation: Guv Das
19 July 2024 | PTI -
Sensex, Nifty decline after hitting fresh record high levels in opening trade
19 July 2024 | PTI -
Tata Power Renewable Energy, NHPC Renewable join hands for installation of rooftop solar projects
18 July 2024 | PTI -
Markets turn negative after hitting fresh record-high levels
18 July 2024 | PTI -
Sebi’s proposal on new asset class for high risk takers looks promising: Experts
18 July 2024 | PTI
Goa targeting new markets for tourism through global trade fairs, says Minister
Goa is looking forward to tap new and emerging markets through participation in global trade fairs after international tourism was affected due to the Russia-Ukraine war and other problems, minister Rohan Khaunte said on Wednesday. During COVID-19, the international footfall in Goa was only 33,000, which has now increased to 4.5...
Govt should rationalise customs duty in Budget to boost domestic manufacturing, says ICC
The Indian Chamber of Commerce (ICC) has suggested the government to rationalise customs duties in various sectors including steel, solar battery, aluminum, and lithium cells in a bid to boost domestic manufacturing. Finance Minister Nirmala Sitharaman is scheduled to present the Union Budget for financial year 2024-25 on July 23. ICC...
PwC for extension of beneficial tax regime for new manufacturing firms
Tax consultancy firm PWC has urged Finance Minister Nirmala Sitharman to extend the beneficial tax regime for new manufacturing companies and introduce a comprehensive tax amnesty scheme for cases related to Customs. Sitharaman is scheduled to present the Union Budget for 2024-25 on July 23. “I think the Make in India is...
Alphacorp to invest Rs 350 cr to develop luxury housing project in Gurugram
Realty firm Alphacorp will invest Rs 350 crore to develop a luxury housing project in Gurugram as part of its expansion plan amid strong consumer demand. Without divulging the name of the partner, Alphacorp said it has tied up with an entity that owns two land parcels of nearly 2.4 acre...
Exposure to India’s infra sector helps LIC, SBI outshine peers
Shares of state-owned behemoth Life Insurance Corporation (LIC) have outperformed rivals like HDFC Life and ICICI Prudential Life as it placed bets on India’s growth sectors, including infrastructure, while the private sector concentrated bet on tech, consumer and consumer-related BFSI companies. LIC’s stock has gained nearly 79 per cent from Rs...
Cabinet to soon decide on IPEF’s clean, fair economy agreements
The Union Cabinet will soon take a decision on the commerce ministry’s proposal to seek approval for signing of 14-member IPEF (Indo-Pacific Economic Framework for Prosperity) bloc’s agreements on clean and fair economy, an official said. Last month in Singapore, 13 IPEF bloc members signed these agreements, while India stated that...
Corporate funding in solar sector globally dips: Mercom
Total corporate funding in the solar sector globally fell by 10 per cent to USD 16.6 billion in January-June 2024 due to uncertainties in major markets including the US, according to Mercom Capital. In the first half of 2023, the global solar energy sector attracted USD 18.5 billion of investment, the...
