Property prices increased in 48 out of 50 cities during the fourth quarter of the financial year 2024–25, according to data released by the National Housing Bank (NHB). The NHB’s RESIDEX report revealed that only Howrah and Thiruvananthapuram recorded a decline in property values among the surveyed cities.The Housing Price Index (HPI), which tracks residential…
The Reserve Bank of India (RBI) on Friday announced it will pay a record dividend of Rs 2.69 lakh crore to the government for the fiscal year ended March 2025, marking a 27.4 percent increase from the Rs 2.1 lakh crore transferred in 2023-24.The dividend pay-out for 2022-23 had stood at Rs 87,416 crore.This decision…
State-owned Oil India Ltd on Wednesday reported a 21 per cent decline in its net profit for the January–March quarter of FY25, citing lower crude oil and natural gas prices as key factors behind the drop.The company posted a net profit of Rs 1,591.48 crore in the fourth quarter of 2024–25, down from Rs 2,028.83…
BENGALURU: Delhivery reported its first full-year net profit in the 2024-25 financial year, buoyed by continued gains in its part-truckload (PTL) business and improving operational efficiencies.The logistics company also said early customer movement and network synergy from its proposed acquisition of Ecom Express began reflecting in higher daily volumes.Its net profit for FY25 was Rs…
Tech Mahindra has declared a final dividend of Rs 30 per share, taking the total dividend for FY25 to Rs 45 per share, following a robust financial year in which the IT major’s consolidated net profit surged 80% to Rs 4,251.5 crore.The board’s decision to reward shareholders comes on the back of a strong March…
HDFC Bank has announced a final dividend of Rs 22 per equity share for the financial year 2024-25. This translates to a 2,200% pay-out on the face value of Re 1 per share and is subject to approval by shareholders.The bank has fixed June 27, 2025, as the record date to determine shareholders eligible to…
HDFC and ICICI Bank to announce Q4 results today HDFC Bank and ICICI Bank, two of India’s largest private sector lenders, are set to announce their financial results for the fourth quarter of FY2024-25 on Saturday, according to BSE calendar. As of March 31, 2025, HDFC Bank’s period-end advances stood at Rs 27.73 lakh crore,…
NEW DELHI: The US remained India’s largest trading partner for the fourth consecutive year in 2024-25 with bilateral trade valued at USD 131.84 billion, while the country’s trade deficit with China widened to USD 99.2 billion during the same period, government data showed. In the last fiscal, India’s exports to China contracted 14.5 per cent…
NEW DELHI: India’s largest IT services firm, Tata Consultancy Services (TCS), reported a marginal 1.68% drop in consolidated net profit to Rs 12,224 crore for the quarter ended March 2025. The company’s revenue stood at Rs 64,479 crore in Q4 FY25, a 5.3% increase year-on-year, signaling moderate growth as global economic uncertainty continues to loom.For…
Adani Enterprises, the group’s primary entity, experienced a 27% reduction in share price this year. Gautam Adani-led Adani Group stocks’ aggregate market capitalisation has declined by 21% in FY25 compared to the previous year, amidst market fluctuations and regulatory scrutiny. A total of Rs 3.4 lakh crore have been wiped out in market cap. Adani…