Gross Written Premium (GWP) during Q1 FY25 was Rs.733 Cr, 31% growth YoY. The net profit jumps to Rs 114 Cr in Q1 FY25, a 17% growth from the year ago period. AUM stands at Rs. 12268 Cr as on 30 June 2024, an 8.74% growth from Rs 11282 Cr same period a year ago….
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Finance Minister Nirmala Sitharaman announced Indias Union Budget for 2024-25, focusing on employment, skill development, support for MSMEs, and the middle class. This pivotal moment for Indias fiscal policy outlined the governments financial roadmap, with all eyes on the strategies and allocations shaping the countrys economic trajectory. Key highlights included targeted reforms, infrastructure investments, and…
The 2024-25 Union Budget has emphasized on a comprehensive roadmap towards achieving Viksit Bharat by focusing on critical sectors like agriculture, employment, skilling, and MSMEs. Key initiatives include promoting vegetable production through cooperatives and start-ups, releasing new high-yield crop varieties. Employment schemes aim to increase workforce participation, particularly among women, with incentives for new hires…
FMCG: Top sources told FE that the new law has caused a great deal of discomfort among organized apparel retailers. It stipulates that any payment made to registered micro, small, or medium (MSME) enterprises after 45 days of receiving goods or services will not be recognized as an expense and added to the profit of…
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