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Economy

Ola Electric Q3 Loss Soars To Rs 564 Crore, Shares Fall Below IPO Price

07 Feb 2025 16:59 PM IST

Ola Electric completed its IPO during the quarter ending September 30, 2024, issuing 808.7 million shares at Rs 76 per share. The total funds raised amounted to Rs 5,341 crore, after expenses. The shares debuted on the NSE and BSE on August 9, 2024.

Good News For FD Holders: TDS Limit Hiked In Budget 2025

07 Feb 2025 16:36 PM IST

The Budget 2025 has proposed raising the Tax Deduction at Source (TDS) limit on interest earned from bank fixed deposits (FDs) for general (non-senior) citizens. The current threshold of Rs 40,000 will be increased to Rs 50,000 per financial year. This change will come into effect on April 1, 2025.

RBI Cuts Repo Rate by 25 Basis Points, Providing Relief to Home Loan Borrowers

07 Feb 2025 12:19 PM IST

After nearly five years, the Reserve Bank of India has cut the repo rate, bringing relief to home loan borrowers. The move is expected to ease borrowing costs and boost economic activity.

Repo Rate Slashed Down: How Much Will You Save? Explained

07 Feb 2025 11:21 AM IST

RBI Governor Sanjay Malhotra confirmed that the policy stance remains neutral, indicating the central bank's cautious optimism about the economic outlook.

What Is Repo Rate And How Does It Impact? RBI Cuts Interest Rates, Repo Rate Reduced By 25 bps To 6.25%

07 Feb 2025 10:57 AM IST

In addition to the repo rate cut, the Standing Deposit Facility (SDF) and Marginal Standing Facility (MSF) rates have also been reduced by 25 bps to 6% and 6.5%, respectively. The bank rate has also been adjusted to 6.5%.

SBI Q3 Results: 85% surge In Net Profit, At ₹16,891 Crore

06 Feb 2025 22:04 PM IST

State Bank of India (SBI) has reported an impressive 85% surge in its net profit for the third quarter, reaching ₹16,891 crore, up from ₹9,164 crore in the same period last year.

Hero MotoCorp Delivers Strong Q3 Results, Announces ₹100 Dividend

06 Feb 2025 21:28 PM IST

Hero MotoCorp has reported a notable 12.1% year-on-year (YoY) increase in net profit for the third quarter of FY24, with earnings reaching ₹1,202.8 crore, exceeding market expectations.

Upcoming IPO: Hexaware Technologies Ltd IPO Date

06 Feb 2025 19:49 PM IST

The IPO will open for subscription from February 12, 2025, and close on February 14, 2025. The allotment is expected to be finalized by Monday, February 17, 2025. Hexaware Technologies Ltd shares are set to be listed tentatively on Wednesday, February 19, 2025.

ITC Q3FY25 Results: Profit Down 7.27% , But Revenue Surges 9%

06 Feb 2025 19:32 PM IST

ITC Ltd reported a 7.27% decline in its consolidated net profit, which stood at ₹5,013.16 crore for the December quarter, compared to ₹5,406.52 crore in the same period last year, as per the company's regulatory filing.

RBI Monetary Policy Meeting: Date, Time, When & Where To Watch

06 Feb 2025 19:15 PM IST

The RBI's Monetary Policy Committee (MPC) meeting from February 5-7, 2025, will be crucial as Governor Sanjay Malhotra announces potential rate cuts and shares insights on India's economic outlook. Watch his live statement on the RBI YouTube channel on February 7, 2025, at 10:00 AM.

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Economy

Ola Electric Q3 Loss Soars To Rs 564 Crore, Shares Fall Below IPO Price

Good News For FD Holders: TDS Limit Hiked In Budget 2025

RBI Cuts Repo Rate by 25 Basis Points, Providing Relief to Home Loan Borrowers

Repo Rate Slashed Down: How Much Will You Save? Explained

What Is Repo Rate And How Does It Impact? RBI Cuts Interest Rates, Repo Rate Reduced By 25 bps To 6.25%

SBI Q3 Results: 85% surge In Net Profit, At ₹16,891 Crore

Hero MotoCorp Delivers Strong Q3 Results, Announces ₹100 Dividend

Upcoming IPO: Hexaware Technologies Ltd IPO Date

ITC Q3FY25 Results: Profit Down 7.27% , But Revenue Surges 9%

RBI Monetary Policy Meeting: Date, Time, When & Where To Watch

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