dividend

Abnormally high dividend pay-outs may harm not only the company but also the market and the economy

The dividend route to disaster

Business Standard

Policy loopholes are encouraging many promoters to exit their companies stealthily, raising the question: Should promoters be in control after pledging their shares?

A different kind of quiet quitting

The average number of women independent directors in Nifty 50 companies is 1.28. In several countries in Europe the percentage is above 30. It is above 25 in the US

Women directors: Companies not complying with Sebi rules is a worrying sign

Nadda called on CMs, lieutenant governors, state health ministers to monitor the campaign at state level and ensure the same is done by political and administrative leadership at the district level

JP Nadda, Nadda

Ahmedabad (Gujarat) [India], December 21: Latteys Industries Limited, an NSE-listed leader in energy-efficient solar submersible pumps, has announced remarkable financial results for the Quarter and Half Year ending September 2024.

Latteys Industries Limited Reports Exceptional Results for Q2 FY 2024

New Delhi [India], December 21: Whispering Earth's MyEcoTour has been awarded the coveted MSME INDIA 5000 Award for the year 2024. MyEcoTour is a luxury travel service provider based in Mumbai, India. It offers mindful and immersive travel experiences worldwide, prioritizing eco-conscious practices and carbon footprint reduction. This award is a stamp of their quality standards, exceptional customer service and commitment to society.

Whispering Earth\'s MyEcoTour Wins MSME INDIA 5000, Year 2024 Award

New Delhi [India], December 21: Surya Sarees, Delhi's renowned ethnic fashion house, celebrates World Saree Day 2024 with grandeur, grace, and an unwavering commitment to India's sartorial heritage.

Surya Sarees Celebrates World Saree Day 2024: A Tribute to Tradition and Timeless Craftsmanship

Finance Minister Nirmala Sitharaman on Saturday said that states did not agree on bringing aviation turbine fuel under the ambit of Goods and Services Tax.
"States did not feel comfortable. They didn't want the ATF because they saw it as part of the crude petroleum diesel basket, and therefore they said that it alone cannot be taken out, and therefore that continues to remain where it is today," she said while briefing media on the outcome of 55th GST Council meeting here.
Besides, she said, no decision was taken with regard to reduction in GST on insurance premiums as the Group of Ministers (Go) needed more time to study the issue.
Many inputs are awaited including the one from insurance regulator IRDAI, she said.
She further said that the GST Council has also deferred the decision with regard to rate rationalisation as more time is required by the GoM for a comprehensive study.
However, the Council made suggestions with regard to GST rate revision on various items including ...

Nirmala Sitharaman, Union Finance Minister

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Nirmala Sitharaman, Nirmala

RBI stated that while it has directed banks not to charge excessive rates of interest, it does not directly regulate the rates charged by banks

Supreme Court, SC

The government on Friday announced an increase in the minimum support price (MSP) for copra by up to Rs 420 to Rs 12,100 per quintal for 2025 with a budget outlay of Rs 855 crore.
A decision in this regard was taken by the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi.
The MSP for 'milling copra' has been increased by Rs 420 to Rs 11,582 per quintal, while for 'ball copra' by Rs 100 to Rs 12,100 per quintal for 2025, Information and Broadcasting Minister Ashwini Vaishnaw told reporters.
The total financial implication would be Rs 855 crore.
Cooperative agencies Nafed and NCCF will be the central nodal agencies for the procurement of copra, he added.

Ashwini Vaishnaw, Ashwini, Vaishnaw

Bihar's Deputy Chief Minister Samrat Chaudhary said another meeting of the GoM is scheduled for January before the proposal is reintroduced to the GST Council

Amid controversy over Home Minister Amit Shah's remarks on Ambedkar, Kejriwal launches Dr Ambedkar Samman Scholarship, pledging support for Dalit students pursuing studies abroad

Kejriwal, Arvind Kejriwal

Cold wave conditions are likely to persist over Bidar, Vijayapura, and Kalaburagi districts of Karnataka, with temperatures expected to be 2-4 degrees celsius "below normal" in the remaining districts of North Interior Karnataka for the next three days, the India Meteorological Department (IMD) said on Wednesday.
Dry weather is forecast to continue across the state between December 18-22.
According to the IMD, cold wave conditions are expected over Bidar, Vijayapura, and Kalaburagi districts. In the remaining districts of North Interior Karnataka, temperatures will be 2-4 degrees Celsius below normal.
Isolated places in interior Karnataka may experience shallow fog/mist until December 20.
For December 23-24, the IMD has predicted "light rain" at isolated places over Chikkaballapur, Kolar, Bengaluru Rural, Bengaluru Urban, Ramanagara, Chamarajanagara, and Mysuru districts.
During this period, dry weather is expected to persist over Coastal Karnataka, North Interior Karnataka, and t

A homeless woman covered in woolens sits on a pavement amid cold wave, in New Delhi (Photo: PTI)

Gold prices in the world's second biggest buyer of the precious metal have surged 22% so far this year, after rising 15% in 2023

Gold, jewellery

The suspension of bauxite exports by Guinea in Oct'24 has tightened the alumina market

The shares of aluminium manufacturers rallied on Monday on the back of a sharp rise in the price of the lightweight metal over the weekend, following China’s announcement that it will withdraw export tax rebate for the commodity.

The shares of aluminium manufacturers rallied on Monday on the back of a sharp rise in the price of the lightweight metal over the weekend, following China's announcement that it will withdraw export tax rebate for the commodity.

After an impressive maiden show, Bihar will on December 19-20 host the second edition of Bihar Business Connect - the global investor summit that looks at boosting industrial and entrepreneurial growth in the state.
The prestigious event, curated by the state's Department of Industries, seeks to showcase Bihar as a vibrant investment destination.
"The inaugural edition in 2023 witnessed participation from over 600 entrepreneurs from India and abroad. Bihar Business Connect 2023 was a landmark initiative. During the two-day summit held last year, a total of 278 investment proposals amounting to Rs 50,530 crore were signed as MoUs, out of which 244 projects worth Rs 38,000 crore have already been implemented on the ground," an official statement said.
This investment has significantly accelerated industrial development in the state and created numerous employment opportunities.
"Considering the success of last year's Bihar Business Connect, the Department of Industries, Government of

Investors must keep 'dry powder ready' for investment in case the markets decline further |

Investors must keep 'dry powder ready' for investment in case the markets decline further | Photo: Shutterstock

India's cotton exports are likely to decline 36.53 per cent in the 2024-25 season, beginning from October 1, to 18 lakh bales due to lower production following shrinking acreage of the crop in the north and Gujarat, Cotton Association of India (CAI) said on Wednesday.
The total exports during the 2023-24 season stood at 28.36 lakh bales, according to CAI data.
"The decline in cotton exports is mainly due to a decline in production following lower acreage this year. The acreage for cotton crop has shrunk 35 per cent in the north cotton growing region (Punjab, Haryana, and Rajasthan) and by 15 per cent in Gujarat. This is going to keep the cotton prices steady compared to the global markets," CAI President Atul Ganatra told PTI.
The total cotton pressing 2023-24 season is estimated at 302.25 lakh bales compared to 327.45 lakh bales in the previous season.
Meanwhile, the total cotton supply till end of November 2024 is estimated at 108.41 lakh bales, comprising the pressing figures of

cotton, fabric, textile industry

Prime Minister Narendra Modi on Wednesday condoled the loss of lives in a boat accident off the Mumbai coast and announced an ex-gratia of Rs 2 lakh for the next of kin of each deceased.
Thirteen persons died and 99 others were rescued after a Navy craft crashed into a ferry off the Mumbai coast on Wednesday, the Navy said.
At about 4 pm, a Navy craft undergoing engine trials lost control and collided with passenger ferry Neel Kamal off Karanja near Mumbai, the Navy said in a statement. The ferry was carrying passengers from the Gateway of India to Elephanta Island, a popular tourist destination.
"The boat mishap in Mumbai is saddening. Condolences to the bereaved families. I pray that the injured recover soon. Those affected are being assisted by the authorities," Modi was quoted as saying by his office in a post on X.
"The Prime Minister has announced an ex-gratia of Rs 2 lakh from PMNRF for the next of kin of each deceased in the boat mishap in Mumbai. The injured would be given

Modi, Narendra Modi

Dhaka has been behind on payments to Adani Power since supply started in July 2023

Adani group

The Trump administration has earmarked clearly three areas on the basis of which it will determine trade negotiations. One clearly is to look at ways to reducing its trade deficit with some countries

trade deficit

Mumbai ferry accident: An FIR was filed at the Colaba police station in south Mumbai under relevant sections of Bharatiya Nyaya Sanhita (BNS) against the Navy speedboat driver

Capsize, Mumbai Capsize, Boat Capsize

Fugitive liquor baron Vijay Mallya questions excess recovery claims, seeks relief from authorities

Indian businessman Vijay Mallya leaves the Royal Courts of Justice in London, Britain February 11, 2020. (REUTERS/File Photo)

C K G Nair

C K G Nair

Ckg Nair

The dividend route to disaster

A different kind of quiet quitting

Women directors: Companies not complying with Sebi rules is a worrying sign

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Nadda meets CMs, urges support for Centre's intensified TB campaign

Latteys Industries Limited Reports Exceptional Results for Q2 FY 2024

Whispering Earth's MyEcoTour Wins MSME INDIA 5000, Year 2024 Award

Surya Sarees Celebrates World Saree Day 2024: A Tribute to Tradition and Timeless Craftsmanship

States not in favour of bringing aviation turbine fuel under GST: FM

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LIVE: GST Council has deferred decisions on tax rates on food delivery platforms, says FM

Supreme Court removes 30% interest cap on late credit card bill payments

Cabinet hikes copra MSP by upto Rs 420 to Rs 12,100 per quintal for 2025

GST Council defers decision to reduce tax on health, life insurance

Kejriwal launches Dr Ambedkar scholarship amid row over Amit Shah's remarks