Author name: Lisl News Desk

News Desk

Nvidia Delivers Latest AI Chips

Nvidia Delivers Latest AI Chips to Indian Partners for AI Cloud Infrastructure

/ Global Market​​ /

Nvidia, the leading AI chip manufacturer, has commenced the delivery of its newest AI chips, including the GH200 AI, to major Indian partners like Tata Communications and Jio Platforms. These companies are leveraging advanced technology to build AI-cloud infrastructure across India. Vishal Dhupar, Nvidia’s managing director for South Asia, confirmed the ongoing deployment, stating, “Yes, […]

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Nestle India Q1 Results

Nestle India Q1 Results Net Profit Rises 7% to ₹747 Crore; Shares Decline

/ Results /

Nestle India reported a 6.9% year-on-year increase in net profit for the first quarter of fiscal year 2025, reaching ₹746.6 crore compared to ₹698.3 crore in the same period last year. This figure fell short of market expectations, as a Moneycontrol poll of eight brokerages had projected a net profit of ₹798 crore. The FMCG

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SEBI report

SEBI Report: 71% of Retail Traders Face Losses in Intraday Equity Trading

/ Indian Market /

A recent report by the Securities and Exchange Board of India (SEBI) has revealed a troubling trend in retail intraday equity trading, where 71% of individual traders incurred losses during FY23. This marks an increase from 65% in FY19 and 69% in FY22. The data shows that the frequency of trading is a critical factor,

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Petronet LNG Q1 Net Profit

Petronet LNG Q1 Net Profit Surges 34% to ₹1,100 Crore, Revenue Climbs

/ Results /

Petronet LNG Limited reported a consolidated net profit of ₹1,100.76 crore for the first quarter of the financial year 2024-25, marking a 34% increase compared to ₹819.28 crore in the same period last year. The significant profit growth was also reflected in a nearly 50% rise from the previous quarter’s ₹734.07 crore. The company’s revenue

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Union Budget Highlights

Incentives for IFSC Announced in 2024 Budget

/ Budget News​ /

Finance Minister Nirmala Sitharaman announced several incentives for the International Financial Services Centre (IFSC) in the 2024 budget to enhance its competitiveness and attractiveness. Retail schemes and Exchange Traded Funds (ETFs) in IFSC will enjoy tax exemptions similar to those available to specified funds. Certain income of the Core Settlement Guarantee Fund set up in

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Union Budget Highlights

New Tax Rules for Share Buybacks and STT on F&O Announced

/ Budget News​ /

The 2024 budget introduced significant changes to the taxation of share buybacks and securities transaction tax (STT) on futures and options (F&O) transactions. Income from the buyback of shares by companies will now be chargeable in the hands of the recipient investor as a dividend, replacing the current regime where additional income tax is levied

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Union Budget Highlights

Budget Estimates for 2024-25 Announced

/ Budget News​ /

Finance Minister Nirmala Sitharaman presented the budget estimates for the fiscal year 2024-25, detailing the government’s financial plans and projections. The total receipts for FY25 are estimated at ₹32.07 lakh crore, while total expenditure is projected to be ₹48.21 lakh crore. Net tax receipts are expected to reach ₹25.83 lakh crore. Gross market borrowings are

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Union Budget Highlights

Budget 2024 Highlights: Major Boost for Agriculture in 2024 Budget

/ Uncategorized /

Finance Minister Nirmala Sitharaman announced substantial provisions for the agriculture and allied sectors in the 2024 budget, focusing on infrastructure, research, and farmer support. A provision of ₹1.52 lakh crore has been allocated for the agriculture and allied sectors. To enhance agricultural research, 10,000 bio-research centers will be established nationwide. Over the next two years,

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