Agro chemical firm Best Agrolife Ltd on Monday reported an over two-fold jump in its consolidated net profit at Rs 90.5 crore for the June quarter of the current fiscal. Its net profit stood at Rs 40.12 crore in the year-ago period. Total income rose to Rs 616.75 crore in the April-June… Continue reading Best Agrolife consolidated net profit jumps to Rs 90.5 cr in June quarter
Tag: June
Credit cards in force hit new high in June; spends decline over May
Credit cards in force hit a new high in June, surging to 88.7 million from 87.4 million in May even if spending declined to Rs. 1.37 trillion, as compared to Rs. 1.40 trillion in May. According to latest data released by the Reserve Bank of India, HDFC Bank maintained its leadership position… Continue reading Credit cards in force hit new high in June; spends decline over May
Services, retail demand keeps credit offtake robust in June: RBI data
The pace of credit offtake continued to be robust in June 2023, with sectors clocking year-on year (YoY) growth of between 8.1 per cent and 26.7 per cent. Reserve Bank of India (RBI) data showed the services sector clocked a pace of 26.7 per cent in June against 12.8 per cent a year… Continue reading Services, retail demand keeps credit offtake robust in June: RBI data
77% of Rs 2,000 notes returned by users to banks as of June 30: FinMin
It said that the number of Rs 2,000 notes in circulation fell to 418 million in volume terms on June 30, from 1.77 billion on May 19. The value of these notes in circulation fell to Rs 84,000 crore on June 30 from Rs 3.56 trillion on May 19, the ministry added. On… Continue reading 77% of Rs 2,000 notes returned by users to banks as of June 30: FinMin
As many as 393 infra projects show cost overruns of Rs 4.64 trn in June
As many as 393 infrastructure projects, each entailing an investment of Rs 150 crore or more, have been hit by cost overruns of more than Rs 4.64 trillion in June 2023, an official report said. According to the Ministry of Statistics and Programme Implementation, which monitors infrastructure projects worth Rs 150 crore and… Continue reading As many as 393 infra projects show cost overruns of Rs 4.64 trn in June