Asian Development Bank kept 7% GDP Growth Forecast Unchanged for Indian Economy in FY25
The Asian Development Bank (ADB) has kept its GSD growth forecast for the Indian economy unchanged at 7% for the fiscal year 2025. For the...
Tag : increases
HUL Q1 profit increases 19% YoY to Rs.1,529 crore
Hindustan Unilever (HUL), has posted a 19.17% YoY rise in net profit at Rs.1,529 crore, for the quarter ended June 30,2018. Last year, in the...
Infosys Q1 profit increases 4% YoY to Rs.3,612 crore
Infosys has reported 3.70% YoY increase in profit at Rs.3,612 crore, for the quarter ended June 30,2018. Revenue for the quarter came in at Rs.19,128...
Sebi increases overseas investment limit of AIFs, VCFs to USD 750 mn
Sebi has increased the overseas investment limit of alternative investment funds (AIF) and venture capital funds (VCF) from the current USD 500 million, to USD 750 million....
SBI increases MCLR rate by 10 basis points
SBI has raised its effective Marginal Cost of Lending (MCLR) by 0.10%, across all tenures with effect from June 1,2018. This is the second hike...
SBI increases rates on short to medium term fixed deposits
SBI has increased interest rates on its retail fixed deposits for short to medium term by up to 25 bps. This has come into effect...
Government increases customs duty on wheat to 30%
The government has increased the customs duty on wheat from 20% to 30%, in order to limit cheaper imports and protect domestic growers. As per...
HUL Q4 profit increases 14.2% YoY to Rs.1,351 crore
Hindustan Unilever (HUL) has reported a 14.2% YoY increase in net profit to Rs.1,351 crore, for the quarter end March 31,2018. The firm had posted...
Phillips Carbon Q4 profit increases 162% to Rs.74 crore
Phillips Carbon Black has posted 162.5% rise in YoY profit at Rs.74.3 crore for the March quarter. profit in the same period year ago was...
Malabar India Fund increases stake in Uniply Industries
Malabar India Fund has raised its stake in Uniply Industries to 8.49% from the earlier 4.99%. It has bought 8.35 lakh equity shares (representing 3.49%...