ITC Hotels Removed from Sensex, BSE Indices After Demerger

ITC SENSEX NIFTY

ITC Hotels, the recently demerged hotel arm of ITC Ltd., has been removed from the S&P BSE Sensex and other BSE indices, effective February 5, 2025. This move follows the company’s listing as an independent entity on January 29, 2025, and a period of temporary inclusion designed to facilitate portfolio adjustments by passive investment funds. … Read more

Tariff War: A Looming Threat to Global Economic Stability

tariff war

In a move that has sent shockwaves through the global economy, the United States has escalated its tariff war, imposing a 25% tariff on imports from Canada and Mexico and a 10% tariff on Chinese goods. Economists warn that these measures could have far-reaching implications for trade dynamics, economic growth, employment, and inflation across multiple … Read more

New Tax Slabs Unveiled: Major Relief for Middle Class with No Tax on Incomes Up to ₹12 Lakh

new tax slab

On February 1, 2025, Finance Minister Nirmala Sitharaman unveiled the new income tax slabs in the Union Budget for the fiscal year 2025-26, marking a significant shift aimed at providing relief to taxpayers across various income brackets. Here’s a detailed report on the new tax slabs, their implications for common people, and their broader economic … Read more

Union Budget 2025-26: Focus on Middle Class Growth, Agriculture, MSMEs, and Innovation

Budget Highlights

In a highly anticipated presentation, Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman unveiled the Union Budget for 2025-26, focusing on transformative measures to drive India’s economic growth and competitiveness. The Budget, which emphasized inclusivity and development, sets the stage for India’s journey towards becoming a “Viksit Bharat” (Developed India) by prioritizing sectors … Read more

BEL Soars with 47% Profit Jump in Q3, Order Book Swells to ₹71,100 Crore

BEL Q3 Results

Bengaluru, India – January 30, 2025 – Bharat Electronics Limited (BEL), a leading defense electronics company, announced a stellar performance in its third quarter of the fiscal year 2025 (Q3 FY25), reporting a 47.3% year-on-year surge in net profit, reaching ₹1316 crore. The company also revealed a robust order book of ₹71,100 crore as of … Read more

Coal India Q3 Results: Profit Falls 17%

Coal India Q3 Results: Profit Falls 17%

Key Highlights of Coal India Q3 Results Coal India’s net profit declined by 17% to ₹8,505.57 crore in Q3 FY25 compared to ₹10,253.48 crore in the same period last fiscal.  Revenue fell 1.03% to ₹35,779.78 crore in the third quarter of FY25 from ₹36,153.97 crore in the same period last year.  Coal Production increased by … Read more