The government is likely to revise the minimum number of seats on which it will give subsidy to airline operators for serving tier-II and tier-III cities under its regional connectivity scheme (RCS).
The post UDAN: Government likely to revise lower limit of subsidised seats appeared first on The Financial Express.
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-
UDAN: Government likely to revise lower limit of subsidised seats
-
Dee Development Engineers IPO Opens Today: Key Things You Want To Know
The Rs 418-crore initial public offering (IPO) is open for subscription between June 19 and conclude on June 21. -
Nvidia Surpasses Microsoft, Apple To Become World's Most Valuable Publicly Traded Company
For the first time since 2002, Nvidia capped Apple by market value earlier this month. The AI company's stock surged about 173% so far this year. -
Ixigo CEO Shares Then Vs Now Pic --From A Humble One-Room Office To Stock Market Listing
Shares of Le Travenues Technology Ltd, which operates travel booking platform ixigo, on Tuesday ended with a huge premium of over 78 per cent against the issue price of Rs 93. The company's market valuation stood at Rs 6,275.87 crore. -
Markets At Fresh Record High Levels In Early Trade; Sensex At 77,581
Rallying for the fifth straight session, the 30-share BSE Sensex climbed 280.32 points to hit its fresh lifetime peak of 77,581.46 during the early trade. The NSE Nifty went up by 72.95 points to hit a new record high of 23,630.85. -
Govt To Announce MSP Hike Of Pulses, Oilseeds; Decision Likely In Cabinet Meet Today: Reports
The Government of India fixes Minimum Support Price (MSP) for 22 mandated agricultural crops on the basis of the recommendations of the Commission for Agricultural Costs & Prices (CACP). -
Proposal Sent To Set Up 8th Pay Commission: Modi Govt Urged To Revise Pay, Allowances
In his letter to the Cabinet Secretary, Gopal Mishra has urged the government to set up the 8th Pay Commission and deliberate on pay and allowances revisions. -
Stock market today: BSE Sensex crosses 77,500 mark; Nifty50 above 23,600 as indices hit lifetime highs
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, scaled new highs in trade on Wednesday. Both the indices hit lifetime highs - BSE Sensex reached 77,581.46, while Nifty50 reached 23,630.85. -
UK-Based Hedge Fund Marshall Wace Sells Shares Of Paytm, Shriram Finance For Rs 426 Crore
Marshall Wace, through its arm Marshall Wace Investment Strategies - Eureka Fund, offloaded shares of One97 Communications, owner of Paytm brand, and Shriram Finance Ltd through separate block deals on the National Stock Exchange (NSE). -
Nvidia’s 591,078% rally to most valuable stock came in waves
In 1999, Nvidia made its debut on the Nasdaq stock exchange, eventually replacing Enron in the S&P 500. Since then, Nvidia has become the best performing stock of the last quarter-century with a total return of 591,078%. It took less than three years for Nvidia Corp. to ascend into the S&P 500 — replacing the disgraced oil-trading conglomerate Enron, no less. -
This Company Launches 'Dhoni Edition' SUV; Just 100 Units To Be Made; Check Details
Citroen C3 Aircross: Citroen India announces the launch of a special edition of its popular SUV, the C3 Aircross, named 'Dhoni Edition'. -
FMCG Companies Raise Prices to Maintain Margins Amid Rising Costs
The crude and palm oil prices have decreased, and other commodities like milk, sugar, coffee, copra, and barley have been trending upward reportedly. -
Voda to sell 10% stake in Indus for up to $1.1bn
Vodafone Group has planned to sell about 10% of its stake in Indus Towers for up to $1.1 billion to manage its substantial $42.17 billion net debt. The sale will include approximately 268 million shares through block deals in Mumbai, pricing each share between 310 rupees and 341 rupees. -
Direct tax kitty increases 22%, cushion for government to spend more
India's Gross Direct Tax Collections surged by 22.2% to reach Rs 5.15 Lakh Crore, supporting higher government spending. The finance ministry's latest data highlights a 27.3% boost in advance tax collections, mostly from the corporate sector. Refunds amounting to Rs 53,322 crore have been issued in the FY2024-25 till June 17, 2024. -
Industry bodies seek tax sop for middle class
Major industrial groups advocate for personal tax relief and a simpler direct tax system. Suggestions include marginal tax relief, reducing excise duty on fuel, increasing PM-KISAN scheme payout, simplifying the capital gains tax structure, and recommending a hike in minimum wages under MGNREGA to boost disposable income and consumption. -
Fitch raises India's growth forecast to 7.2%
Fitch Ratings revises India's growth forecast to 7.2% for FY24/25, citing higher consumer confidence and increased investments. Inflation is expected to decrease to 4.5% by year-end, with RBI likely to cut interest rates. Growth projections align with ADB, S&P, and Moody's. Indian economy achieved 8.2% growth in the last fiscal year. -
Twin peaks: Sensex closes above 77k, mcap tops $5tn
India's Sensex closes above 77,000 for the first time, driven by foreign fund inflows. The stock market value surpasses $5 trillion, joining US, China, Japan, and Hong Kong in elite status. Market reacts positively to the upcoming Budget and global trends, according to Vinod Nair of Geojit Financial Services. Sensex rises by 308 points or 0. -
'Vote against Singhania's re-election to Raymond board'
Proxy advisory firm Iias recommends voting against Gautam Singhania's reappointment to Raymond board due to allegations of domestic violence and misuse of company funds. Shareholders to decide at annual meeting on June 27. Iias criticizes Singhania's proposed remuneration structure for exceeding regulatory limits and being higher than peers, which could reach Rs 35 crore. -
Nvidia beats Microsoft as world’s most valued company
Nvidia's market value surpasses Microsoft and Apple, driven by AI surge and coveted chips like H100 accelerators, leading to a sales increase of over 125% last year. Analysts from Wedbush Securities, including Daniel Ives, and Baron Capital recognize Nvidia's dominance. Nvidia's CEO Jensen Huang and Michael Lippert from Baron Capital highlight the company's proprietary software and development ecosystem. -
People With Unconfirmed Train Tickets To Be Deboarded Forcefully By RPF? Congress Slams Indian Railways Minister
Indian Railways Ticket Crisis: The situation has become so grim that those with confirmed seats faced difficulty in getting or using their berths. -
Mercedes-Benz research and development India unveils design guidelines for 'building 15-minute neighbourhoods'
Mercedes-Benz Research and Development India (MBRDI) partners with Jana Urban Space Foundation to introduce design guidelines for 'Building 15-Minute Neighbourhoods' in India, focusing on sustainable urban planning. -
Air India Express completes its IATA operational safety audit
Air India Express completed the IATA Operational Safety Audit (IOSA) by IATA, ensuring industry safety and efficiency. -
Stock Markets At Record High, Hindustan Aeronautics Stocks Zoom 6% On Defence Ministry’s REF
HAL has received an order from the Ministry of Defence for the procurement of 156 light combat helicopters (LCH). -
PM-KISAN 17th Installment Released: Rs 2,000 Transferred In Bank Accounts Of Farmers; Check Name On Beneficiary List
Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme 17th Installment update -- PM Modi released Rs 20,000 crore to over 9.26 crore beneficiary farmers during an event in Varanasi. -
PM-KISAN 17th Installment Released: Rs 2,000 To Be Transferred In Bank Accounts; Check Name On Beneficiary List
Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme 17th Installment update -- PM Modi released Rs 20,000 crore to over 9.26 crore beneficiary farmers during an event in Varanasi. -
Sebi Invites Application To Hire Executive Director Until July 18
Sebi is a statutory regulatory body established by an Act of Parliament to protect the interests of investors in securities, and promote the development of and regulate the securities market. -
Britain's Hinduja Family Spent More On Dogs Than On Servants: Reports
Hinduja family, one of Britain's wealthiest, have been accused of making their domestic help work for over 18 hours and for 7 days a week. -
ICICI Credit Card Related Charges Changing From 1 July 2024 --Check Latest Rates
ICICI bank is going to discontinue with several charges related to credit card from July 1. Check them out. -
Summer Car Care: Don't Drive Without Knowing These 9 Essential Tips
Car Care Tips: We are sharing precautionary tips for car owners to consider before using their vehicles this summer. -
Summer Car Care: Don't Drive Without Knowing The 9 Essential Tips
Car Care Tips: We are sharing precautionary tips for car owners to consider before using their vehicles this summer.
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