As the much-anticipated Budget 2025 approaches, India’s salaried class is hoping for reforms from Modi 3.0 that could alleviate financial burdens and enhance disposable income. Representing a significant portion of the taxpayer base, the salaried workforce is looking for a more inclusive and supportive financial framework. Their expectations range from tax reforms and higher exemptions
As Finance Minister Nirmala Sitharaman gears up to present the Union Budget 2025 on February 1, homebuyers are hopeful for reforms that enhance affordability, streamline regulations, and uplift real estate market sentiment. High interest rates and taxation continue to put financial pressure while rising inflation has dampened demand in the mid and affordable housing segments.
New CGHS guidelines issued! In a major move to streamline the approval process for some essential services about respiratory devices, the Ministry of Health and Family Welfare has announced a complete transition to an online system for processing permissions related to CPAP, BiPAP, and oxygen concentrators under the Central Government Health Scheme (CGHS). The new
Whirlpool of India Ltd on Thursday said that its holding company Whirlpool Corporation has announced its intention to sell down its ownership interest in Whirlpool of India Ltd to approximately 20 per cent by mid to late 2025. Currently, the company holds 51 per cent ownership in Whirlpool India. In a regulatory filing, Whirlpool of
Larsen and Toubro (L&T) on Thursday announced that its Minerals & Metals (M&M) vertical has bagged a significant order for setting up freight handling facilities in the Gulf Cooperation Council (GCC) region. This, it said, is a repeat order from a railway company in the GCC, which has plans for capacity expansion in multiple phases.
The brokerage firm, Motilal Oswal, has revised its target price for Ambuja Cements lower to Rs 600 from Rs 750. This however, still indicates a 15% upside from the current market price of Rs 522. Although the brokerage firm has cut the target price, it continues to maintain a Buy rating. Let’s take a look
Maruti Suzuki, India’s leading auto-giant player, is in the spotlight after announcing its Q3FY25 earnings on January 29. While the company posted growth in revenue and profit, the results fell short of market expectations. Most brokerages are pinning hopes on the company’s SUV offerings. Interestingly, Maruti Suzuki is also a prominent play in the CNG
Go to Live UpdatesTata Motors Share Price Today Live Updates, 30 Jan, 2025: The Tata Motors share is in news and the counter closed trade on 29 Jan, 2025 at Rs 752.45. The shares touched intraday high of Rs 755.00 in the last trading session while the intraday low was at Rs 726.50. The company’s
As India approaches the Union Budget for 2025, speculation is rife about potential changes to the income tax structure, particularly regarding the highest tax slab of 30%. This slab, which applies to individuals earning above Rs 15 lakh annually, has been a subject of debate among policymakers, economists and taxpayers. The question on everyone’s mind
Bharat Electronics Ltd (BEL), a Navratna Defense PSU, share price surged over 4% after the company reported a 47.3% growth in its PAT for Q3FY25. The company announced its Q3 FY25 results for the quarter ending December 2024 on January 31. In early trading, the BEL share price is up by 3.33%, trading at Rs
The share price of Waaree Energies rose 14% to an intra-day high of Rs 2,505.50 on the National Stock Exchange as net profit jumped multifold in Q3 FY25. The company reported a net profit of Rs 492.7 crore in the third quarter of FY25. This is an increase of 296% year-on-year. In the correspondent quarter
The share price of Larsen & Toubro (L&T) rallied 4.9% to a high of Rs 3,590, intra-day, after reporting its quarterly earnings for the third quarter of FY25. The company reported net profit growth of 14% year-on-year (YoY), which it achieved on the back of a strong order book and a ramp-up in the execution
Go to Live UpdatesQ3 Results Today Live Updates: With a number of major companies across sectors already having released their Q3 numbers, the fiscal third quarter earnings season is now in full swing. Till date, majors like Reliance Industries Ltd, TVS Motor, Zomato, Hyundai Motor, Tata Motors, Maruti Suzuki India, L&T, Paytm, Adani Enterprises, Adani
