Finance

September 16, 2024 6:44 PM

RBI approves dividend of Rs 2.11 lakh crore to government for FY24

The Reserve Bank of India (RBI) board approved the transfer of Rs 2,10,874 crore as surplus to the Central Government for the accounting year 2023-24. The decision was taken at Apex Bank's 608th meeting of the Central Board of Directors. Presided over by RBI Governor Shaktikanta Das, the boar...

September 16, 2024 5:56 PM

Nifty, Sensex open flat; DIIs sustain market momentum

Indian benchmark indices opened cautiously on Wednesday, with buying by Domestic Institutional Investors (DIIs) offsetting selling by Foreign Institutional Investors (FIIs). The Nifty 50 index rose by 20 points to reach 22,549.70 from the previous close of 22,529.05, while the Sensex also gained 91...

September 16, 2024 6:43 PM

Paytm registers 25% growth in revenue at Rs 9,978 crore in 2023-24

Paytm, the leading fintech brand operated by One 97 Communications, has reported a 25% surge in revenue, reaching Rs 9,978 crore during the financial year 2023-24. The company attributed the growth to the increasing gross merchandise value (GMV), expansion of merchant devices, and the flourishing fi...

May 21, 2024 8:31 PM

BSE Market Cap Hits $5 Trillion Milestone

The market capitalisation of companies listed on the Bombay Stock Exchange (BSE) has reached a historic $5 trillion as of May 21, marking a fresh high. This achievement is attributed to the ongoing rally in the Indian stock markets, bolstered by firm support from various sectoral indices and positiv...

October 25, 2024 4:52 PM

Delhi govt orders schools to close amid soaring temperatures

The Delhi government has ordered all private and government-aided schools in the capital city to close for summer vacation with immediate effect till June 30. The decision was made in light of the soaring temperatures in the region. According to a circular issued by the Directorate of Education, ma...

May 21, 2024 1:37 PM

ONGC reports highest-ever standalone profit in FY24

ONGC reported its highest-ever standalone net profit of Rs 40,526 crore in FY24 on Monday. In a stock exchange filing, ONGC announced that its consolidated net profit for FY24 reached an all-time high of Rs 57,101 crore, positioning itself as a frontrunner in the energy sector. The company's crude ...