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Additionally, the company has also informed that the record date for the purpose of determining the eligible shareholders for the dividend payout has been fixed as August 9.

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In its Q4FY24 results, Phoenix Mills had reported a profit after tax (PAT) of Rs 325 crore, which was an increase of 66% on a year-on-year basis against a PAT of Rs 195 crore reported in the corresponding quarter of the previous year.

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​ETMarkets identified five stocks from the BSE500 that exhibited consistent price gains during this period.

The IPO consists of a fresh issue of shares worth Rs 617.69 crore and an offer for sale (OFS) of up to 1.42 crore shares with a face value of Rs 5 per share.

Government has slashed customs duties on gold and silver by 6 percent. The basic customs duty has been reduced to 5 percent from 10 percent, and the Agriculture Infrastructure and Development Cess lowered to 1 percent from 5 percent. This decision will effectively bring down the overall taxes on gold and silver in the country to 9 percent from an earlier 18.5 percent inclusive of GST.

Step Aside ETH, SOL is The New Supercoin

Updated at : 2024-07-27 14:25:01

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Solana, the fourth largest cryptocurrency by market cap, is a lightning-fast and cost-effective blockchain network that has positioned itself as a strong competitor to Ethereum. Recent on-chain metrics reflect Solana’s increasing influence and competitive stance. However, Solana faces challenges, including centralization concerns, an inflationary token model, and past network instability. The Firedancer protocol aims to address centralization concerns by introducing a second validator client and supporting sharding to enhance scalability.

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Learn how to convert Bitcoin and crypto to cash. Explore methods like exchanges, P2P platforms, and Bitcoin ATMs for easy BTC to INR conversion. Secure and simple!

Five stocks have consistently shown increases in their prices, trading volumes, and delivery volumes, indicating higher investor interest in these stocks

Higher capital gains tax: Who benefits the most?

Updated at : 2024-07-27 13:20:01

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Excluding tax havens such as Hong Kong, Singapore and the UAE, India’s capital gains tax remains one of the lowest globally, especially as the amount of capital gains increases.

The foreign portfolio investor (FPI) community, which is set to play a major role in positioning India as the third largest economy in the world, has pumped in nearly 52,910 crore in equity and debt this month (till July 26).

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