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2025-02-01 08:54:08| The Economic Times

The Union Budget 2025 has raised the TDS threshold on rent beyond Rs 2.4 lakh, reducing the tax burden for landlords and tenants while simplifying rental transactions. This change is expected to benefit the real estate sector. Following the announcement, Prestige Estates surged 9.3% to Rs 1,489.95, while Sobha rose 4.6% to Rs 1,385 on the BSE.

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2025-02-01 07:54:26| The Economic Times

The government unveiled a major overhaul of its financial assistance policy, launching a Rs 25,000 crore Maritime Development Fund. It will contribute 49% to the fund, aiming to boost Indias shipbuilding sectors competitiveness and capacity. This initiative is set to strengthen maritime infrastructure, drive growth, and position India as a key player in global shipbuilding.

Category: News and Media

2025-02-01 06:28:24| The Economic Times

Suzlon Energy Share Price: Suzlon achieved an impressive 90% YoY rise in net profit, reaching Rs 386.92 crore for the quarter ending December 31, 2024. Revenue from operations grew by 91% YoY to Rs 2,968.81 crore, compared to Rs 1,552.91 crore in the same quarter last year. Total income also soared by 91% YoY to Rs 3,002.36 crore, showcasing robust financial growth.

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Latest from this category

01.02 Budget brings relief to consumers, but investors cautious on long-term growth: Sunil Singhania 01.02 Capital markets poised for long-term bull run: Nilesh Shah 01.02 Budget 2025: Real estate stocks rally up to 9% after rent TDS threshold raised to Rs 6 lakh 01.02 Budget 2025 stocks: Shipping Corporation, Mazagon Dock jump up to 6% after FM announces sector revamp 01.02 Suzlon Energy shares rally over 21% in 4 consecutive sessions after Q3 results. What analysts say 01.02 Prestige Estates shares rally 9% as Jefferies upgrades stock to buy, raises target price to Rs 1,600 01.02 Tax cuts could revitalize Consumer Durables sector: Sandip Sabharwal 01.02 Lay out something big for the next 3-4 years & show respect to market: Samir Arora News and Media »

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01.02 Budget brings relief to consumers, but investors cautious on long-term growth: Sunil Singhania 01.02 Capital markets poised for long-term bull run: Nilesh Shah 01.02 4 strategies that nonprofits abroad follow when foreign aid is halted 01.02 5 things to know about toxic productivityand how to have a healthier approach 01.02 Budget 2025: Real estate stocks rally up to 9% after rent TDS threshold raised to Rs 6 lakh 01.02 Budget 2025 stocks: Shipping Corporation, Mazagon Dock jump up to 6% after FM announces sector revamp 01.02 Suzlon Energy shares rally over 21% in 4 consecutive sessions after Q3 results. What analysts say 01.02 Prestige Estates shares rally 9% as Jefferies upgrades stock to buy, raises target price to Rs 1,600 More »