ACCOUNT FOR PROFIT AND LOSS – ICICI Bank To be completed by March 31, 2023. Schedule Year ended31.03.2023 Year ended31.03.2022 I. INCOME Interest earned 13 1,092,313,380 863,745,452 Other income 14 198,314,479 185,175,299 TOTAL INCOME 1,290,627,859 1,048,920,751 II. EXPENDITURE Interest expended 15 471,027,360 389,084,507 Operating…
Nifty 50 and Sensex – Tuesday’s opening of the Indian stock market is predicted to be flat, following mostly positive global cues. The Indian benchmark index has had a mediocre start, according to Gift Nifty’s trends. Compared to the Nifty futures’ previous close of 19,234, the Gift Nifty was trading at about 19,220. The benchmark…
In the first hour of trading on Tuesday morning, November crude oil futures were trading at ₹6891 on MCX, up from the previous close of ₹6880. Tuesday morning saw a rise in the price of crude oil futures as market participants kept an eye on the geopolitical unrest in the Middle East. On Monday, the…
Nita has been pushed by her banker to use her gold assets, which are passive. The banker advised her to borrow money against her gold coins, jewelry, and other possessions and use it to invest in equity markets. The banker claims that doing this will increase her wealth and bring life to her passive assets….
Stock Market Today: The HDFC Securities’ Nagaraj Shetti thinks the Nifty’s recent upswing will last for the near future. “In the near future, the 19,250 and 19,450 levels are the key obstacles to be aware of. 19,050 is the immediate support level, he states. Ahead of important economic data such as monetary policy decisions from…
Jefferies: Analysts predict that IIFL Finance, a diversified non-banking financial company (NBFC), will see healthy net interest income (NII) growth, stable asset quality, and strong earnings growth. According to foreign brokerage Jefferies, the company has strengthened its retail franchise by expanding branches twice in three years, which is expected to drive a 23% asset under…
Tax officials: According to sources cited by The Economic Times, the Directorate General of GST Intelligence (DGGI) is looking into Raymond’s consumer goods business sale to a Godrej unit. Through a slump sale, Raymond’s FMCG company—which included the Park Avenue, KS, KamaSutra, and Premium trademarks—was purchased by Godrej Consumer Products (GCPL) in April 2023. GCPL…
Reliance Shares: Following the release of the Q2FY24 results on Friday night, the Indian stock market is anticipated to respond to the quarterly data on Monday. Stock market analysts predict that Reliance Industries’ Q2 results for the fiscal year 2023–2024 have exceeded expectations, which means that the company’s share price will rise on Monday. Experts…
Market Highlights: After six sessions of decline, the indices recovered on Friday, with all sectors turning green. The rally was led by heavyweight indices such as IT, Bank, Finance, Metal, and Realty. On Friday, Asian shares followed Wall Street futures higher as Amazon provided some welcome earnings relief, while bonds were able to maintain their…
Today’s global markets: Global stock markets fell on Thursday as investors worried about the escalation of the Israel-Hamas conflict and bleak earnings. United States earnings Meta Platforms Q3 earnings: Despite the company reporting higher profit and revenue, the stock fell 2.6%.UPS Q3 earnings: The stock fell 4.9% after the company cut its full-year earnings forecast….
