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Source: Live Mint Small-cap stock below ₹100: Hazoor Multi Projects Ltd, on Tuesday, February 4, announced that the firm has received an order from the State-owned National Highways Authority of India (NHAI), according to the exchange filling. “We are pleased to inform that Letter of Acceptance (LOA) has been awarded to M/s Hazoor Multi Projects…
Source: Live Mint The interest rates on Mudra loans are something prospective entrepreneurs and small company owners must understand when applying for financial support under the Pradhan Mantri Mudra Yojana (PMMY). Let’s discuss the factors that determine Mudra loan interest rates and how borrowers can bargain for the best terms. Pradhan Mantri Mudra Yojana The…
Source: Live Mint Union Budget 2025: Finance Minister of India Nirmala Sitharaman recently announced Grameen credit score scheme. This is a framework evolved to help Self Help Groups (SHGs) and the citizens in rural India. The primary responsibility of developing this scheme is going to be enshrined in the Indian public sector banking system. The details…
Source: Live Mint PC Jeweller Q3 Results: PC Jeweller Limited announced its October to December quarter results on Tuesday, February 4. The jewellery maker posted a ₹148 crore net profit for the third quarter of the financial year 2024-25. The firm recorded a net loss of ₹197.98 crore in the same quarter the previous year,…
Source: Live Mint Finance Minister Nirmala Sitharaman announced on Saturday that Indians with incomes up to ₹12 lakh will effectively pay no income tax. They still need to pay the tax, but will receive a rebate (refund) of ₹60,000 under Section 87A of the Income Tax Act. However, certain types of income, including capital gains…
Source: Live Mint Q. I am a nurse working with a multispeciality hospital in Ghaziabad. My husband is a tailor, and he has his own boutique in Delhi. We have been investing in large-cap index mutual funds for the past 3 years. We intend to diversify our portfolio, and many of our acquaintances have suggested…
Source: Live Mint Capital goods stocks witnessed a sharp rally in today’s trade, February 4, after being beaten down following the Union Budget 2025, due to concerns over weaker capex allocation. The BSE Cap Goods index ended today’s session with a gain of 3.42%. Twenty-one out of 30 constituents of the index finished Tuesday’s session…
Source: Live Mint Thanks to Budget 2025, new tax regime has become even more lucrative now. With no income tax for those who earn up to ₹12 lakh a year, taxpayers have one more reason to abandon choose new regime over old tax regime. This means more and more taxpayers will now choose the new…
Source: Live Mint Tata Power, one of India’s largest integrated power companies, released its December quarter performance today, February 4, reporting a 10.35% jump in consolidated net profit at ₹1,187.54 crore, compared to a net profit of ₹1,076.12 crore posted in the same period last year. Sequentially, net profit improved by 8.6%, as the company…
Source: Live Mint The Reserve Bank of India (RBI) is planning to raise the maximum fees that banks can charge customers for exceeding the “free five transactions” limit and the ATM interchange fees, reported the Hindu BusinessLine news portal, citing people aware of the development on Tuesday, February 4. This increase in charges will mean…
