Who is Nikhil Kamath & what is his net worth? Meet Zerodha co-founder who hosted a podcast with PM Narendra Modi

PM Narendra Modi has made his podcast debut with Zerodha co-founder Nikhil Kamath. Prime Minister Narendra Modi on Friday made his podcast debut with Zerodha co-founder Nikhil Kamath. The over 2 hour long podcast titled, “People with The Prime Minister Shri Narendra Modi x Nikhil Kamath” is part of Nikhil Kamath’s “WTF is” podcast series.The […]

Economy

India remains net importer of steel as imports surge 20% while exports plunge 25% in 9MFY25

India continues to be a net importer of steel for 9MFY25 (April-December), with shipments of the metal coming in being almost double the exports. As per an internal report of the Steel Ministry, accessed by businessline, steel imports rose over 20 per cent y-o-y to 7.3 million tonne (mt) for the nine-month period, while exports […]

How Vivek Oberoi, with impressive Rs 1,200 crore net worth, achieved financial freedom – top mantras

Vivek Oberoi has become recognised for sharing his knowledge about financial management and investment approaches. Bollywood actor Vivek Oberoi has established himself as one of India’s wealthiest entertainers with a substantial net worth of Rs 1,200 crore. His financial success has placed him ahead of notable industry figures such as Allu Arjun, Ranbir Kapoor, and […]

Scamster Ketan Parekh back in Sebi net, banned from market

MUMBAI: Ketan Parekh, the infamous market operator who was once jailed for stock exchange-related manipulations, is in Sebi‘s net again. The markets regulator has unearthed a front-running scheme in which Parekh (also nicknamed KP) was one of the main brains. Along with Rohit Salgaocar – a Singapore citizen of Indian origin – KP orchestrated a […]

Economy

EPFO adds 13.41 lakh net members during Oct

Retirement body Employees’ Provident Fund Organisation (EPFO) on Wednesday said that it has seen net member addition of 13.41 lakh members in October.  This signifies increased employment opportunities and heightened awareness of employee benefits, bolstered by EPFO’s effective outreach initiatives, according to Union Labour Ministry. The provisional payroll data for October, released on Wednesday, showed […]

Economy

Net direct tax collections jump 16% by November 17; STT exceeds budget estimates

Net direct tax collections surged by over 16 per cent between April 1 and November 17, the Income Tax Department reported on Wednesday. Significantly, Securities Transaction Tax (STT) collections have exceeded Budget Estimates by over 8 per cent. Meanwhile, collections through advance tax after three instalments grew by over 20 per cent. With the latest […]

Net direct tax collection grows 16.45% to Rs 15.82 lk cr so far this fiscal: CBDT, ETCFO

Representative image. Data released by the Central Board of Direct Taxes (CBDT) on Wednesday reveals a strong performance in net direct tax collections for the current fiscal year, with a year-on-year increase of 16.45%, reaching over Rs 15.82 lakh crore. Direct taxes typically include corporate tax, personal income tax, securities transaction tax, equalization levy, fringe […]

India’s richest men, Mukesh Ambani & Gautam Adani, drop out of elite $100 billion net worth club: Report

Currently, both Mukesh Ambani and his contemporary Gautam Adani, are confronting various challenges. India’s richest men, Mukesh Ambani and Gautam Adani, have seen their net worth drop below the $100 billion mark in the last few months. Currently, both Mukesh Ambani, who leads Reliance Industries Ltd, and his contemporary Gautam Adani, who established the Adani […]

Economy

Public sector banks record net profit of ₹85,520 crore in first half FY2024-25

Public sector banks (PSBs), including State Bank of India (SBI), are poised for another stellar year in 2024-25, building on their record-breaking aggregate net profit of ₹1.46 lakh crore in 2023-24, according to the Finance Ministry. This ongoing exceptional performance is the result of a series of “transformative” reform measures implemented in recent years, particularly […]

Economy

FPI Remain Net Buyers in Indian Equities, Inject ₹ 22,765 crore So far in December 

Foreign Portfolio Investors (FPI) retained their buying interest in Indian equities in the second week of December, albeit in select counters, pumping net inflows of ₹ 22,765 crore so far this month, depositories data showed. This strong inflows has provided the much needed momentum to the Indian secondary market, driving equity benchmarks higher last week. […]