Photo: India Tv News
The external financing arm of Indian Railways, Indian Railway Finance Corporation Limited (IRFC), reported a 37.90% increase in profit after tax to Rs 6,090 crore in 2021-22 on May 20. The company's profit after tax for the previous fiscal year was 4,416 crore. As of March 31, 2022, the company's assets under management were €4,15,238 crore, representing a 15.32% increase.
US President Joe Biden presented the budget for the fiscal year 2024 and unveiled the government's plans to cut $3 trillion from the fiscal deficit over the next decade. On March 10, the Biden Government also increased taxes for the rich, to… read-more
TAGS: US President, Joe BIden, US Budget 2024, Taxes Hike
OYO founder and CEO Ritesh Agarwal tied the knot on March 7. He invited celebrities, political leaders and Soft Bank's son for his wedding reception, in New Delhi. Highlighting the event, Billionaire investor and SoftBank Group Founder Masayoshi… read-more
TAGS: Oyo Founder, ritesh agarwal, Newlywed, Softbank CEO, Wedding Reception
The rupee depreciated 37 paise to 82.29 against the US dollar in early trade on March 8. The depriciation strengthen the American currency in the overseas market and a negative trend in domestic equities. Furthermore, at the interbank foreign… read-more
TAGS: Indian Currency, US Dollar, American Currency, Sensex, Indian Trade
In a setback to Indian bitcoin traders, India’s money laundering laws will now apply to trade in cryptocurrencies, said the federal government. In a notification dated March 7, the Government of India said, "The exchange between virtual digital… read-more
TAGS: Cryptocurrency, Indian government, MONEY LAUNDERING, Notification, Traders
Tata Technologies, a unit of Indian carmaker Tata Motors filed for an initial public offering (IPO), confirmed Tata Motors said in an exchange filing. On March 9, the automobile company said they will not offer any of the 95.7 million shares,… read-more
TAGS: TATA Motors, Tata Technologies, IPO, Shares, INDIAN MARKET
PM Narendra Modi appreciates artisans and craft workers, who work with hands using tools. At an event, PM Modi called these artisans 'Vishwakarma' and said, "Today's Vishwakarma could be tomorrow's entrepreneurs". The statement was made during a… read-more
TAGS: Scheme, Artisans, PM Narendra Modi, budget 2023, Union government
