The Union Cabinet approved the National Critical Mineral Mission (NCMM) to boost the acquisition of critical mineral assets abroad and enhance trade with resource-rich countries. Here are 5 mining stocks that will be in focus- Gujarat Mineral Development: The company is among the top five organisations in the mining sector. It is engaged in the
Brokerage house Nuvama has downgraded VIP Industries to a ‘Reduce’ with a revised target price of Rs 312/share. Their earlier price target was higher at Rs 454 per share. This downgrade is primarily on the back of the slower business turnaround forces despite the correction in the stock prices. The company clocked slower-than-expected gross margin
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a subdued opening on Thursday. Here’s a look at the key stocks to watch in trade. Stocks in Focus: GIFT Nifty was trading 19 points or 0.08% lower at 23,135 indicating a negative start for domestic indices NSE Nifty 50
In recent years, the domestic mutual fund industry has attracted investors across various segments. Ahead of the tax and policy proposals in the Budget, industry players, consultants, and associations are preparing their recommendations. These include addressing anomalies in the interpretation of tax laws, advocating for tax treatment parity, and other measures to support sectoral growth
Goa has long been a coveted destination for homebuyers, attracting those looking for second homes, vacation retreats, and luxury investments. While opulent villas priced above Rs 5 crore continue to dominate premium locations like Assagao, Anjuna, and Morjim, the state’s real estate market is evolving to accommodate a wider range of buyers.Prospective homeowners can now
Venture debt firm Trifecta Capital has announced the first close of its fourth fund after raising nearly half of the total targeted corpus of Rs 2,000 crore, which includes a greenshoe option of Rs 500 crore. The first close serves as a significant milestone for venture capital and venture debt firms, allowing them to start
Larsen & Toubro Ltd on Thursday reported Q3FY25 profit at Rs 3358.84 crore, recording a growth of 13.96 per cent in comparison to Rs 2947.36 crore during the same quarter of FY24, missing estimates. It posted revenue from operations at Rs 64,667.78 crore, up 17.31 per cent as against Rs 55,127.82 crore during the third
Dabur India Ltd on Thursday posted a profit of Rs 515.82 crore during the fiscal third quarter, reporting a marginal growth of 1.85 per cent in comparison to Rs 506.44 crore during the corresponding quarter of FY24. It posted revenue from operations at Rs 3,355.25 crore, reporting a growth of 3.08 per cent as against
Bajaj Finserv on Thursday reported a 3% year-on-year (YoY) rise in its consolidated profit to Rs 2,231 crore for the December quarter, compared with Rs 2,157.67 crore in the year-ago period, primarily driven by the performance of its lending arm Bajaj Finance. Revenues rose 10% to Rs 32,042 crore. Bajaj Finserv is the holding company
Bank of Baroda on Thursday reported a 5.6% year-on-year rise in its net profit to Rs 4,837 crore for the third quarter of the current financial year, supported by a strong growth in non-interest income and advances. The public sector lender surpassed Street expectations as analysts polled by Bloomberg had estimated the bank to post
Ever since the Modi government introduced the New Tax Regime in the 2020 Budget, one of the most discussed topics among taxpayers has been which tax regime is better. The answer largely depends on an individual’s income level. For instance, if someone earns up to Rs 7.5 lakh annually, they are better off under the
The government has announced the formation of the 8th Pay Commission to review the pay scales of its employees. With the economy at a critical juncture, a hike in their salaries will help boost consumption and put the economy into a higher growth trajectory, explains Lekha Chakraborty. A helping hand to drive economic recovery This
By Kiran Jani Since September 2024, the Nifty Auto Index reached an all-time high of 27,696 before undergoing a correction, hitting a low of 21,835 in January 2025—a decline of 18.20%. The Nifty 50 Index corrected 11.50% during the same period. With the upcoming RBI policy announcement and the Federal Reserve’s decision, there is growing
