New Delhi17 minutes ago
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Yesterday’s big news was related to the price of tomatoes. The price of tomato is continuously increasing across the country. According to the data of the Department of Consumer Affairs, on Saturday (July 13), the average retail price of one kg tomato in the country reached Rs 67.65.
At the same time, the consolidated net profit of Avenue Supermarts, the company operating the retail chain Dmart, has increased to Rs 773.82 crore in the first quarter of the financial year 2024-25. There has been an increase of 17.5% on annual basis.
Before tomorrow’s big news, today’s three big happenings…
- The stock market will remain closed on Sunday due to holiday.
- There was no change in the prices of petrol and diesel.
Now read tomorrow’s big news…
1. Tomatoes exceed ₹ 70 per kg in most of the states of the country: After extreme heat, supply is not being made due to heavy rains, potatoes and onions also become expensive.
The price of tomato is continuously increasing across the country. According to Department of Consumer Affairs data, on Saturday (July 13), the retail price of one kg tomato crossed Rs 70 in most states.
Tomato was the most expensive in Andaman and Nicobar, where it was sold at Rs 115 per kg. The retail price of tomato was cheapest in Andhra Pradesh where it was Rs 46.75 per kg. Tomato is being sold at Rs 77 per kg in Delhi.
Click here to read the full news…
2. India can become the world’s second largest economy by 2031: RBI Deputy Governor said – the country has the potential to become the largest economy by 2060.
India will not have to wait till 2048 to become the world’s second largest economy, rather the country can achieve this feat only in 2031. At the same time, the country has the potential to become the world’s largest economy by 2060.
Reserve Bank of India (RBI) Deputy Governor Michael Patra said this in a speech given at the Lal Bahadur Shastri National Academy of Administration. He said – Given the determination to achieve its ambitious goals, it is possible to imagine that India will move ahead in the next decade.
Click here to read the full news…
3. DMart’s profit increased by 17.5% in April-June quarter: Income increased by 18.6% to ₹ 14,069 crore, share gave 29.53% return in one year.
The consolidated net profit of Avenue Supermarts, the company operating the retail chain Dmart, has increased to Rs 773.82 crore in the first quarter of the financial year 2024-25. There has been an increase of 17.5% on annual basis. In the same quarter last year, the company had registered a net profit of Rs 658.75 crore.
The company has registered a consolidated revenue of Rs 14,069.14 crore in the April-June quarter. There has been an increase of 18.6% on annual basis. A year ago i.e. in April-June 2023, the company had earned Rs 11,865.40 crore. The company gave this information by releasing the results of the first quarter of the financial year 2025 on Saturday (July 13).
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4. HCL-Tech’s profit increased by 20% in the first quarter of FY25: Company’s income increased by 9.45% to ₹ 29,160 crore, company will pay dividend of ₹ 12 per share.
IT company HCL Tech’s net profit in the April-June quarter has increased by 20.46% to Rs 4,257 crore on an annual basis (YoY). In the same quarter (Q1FY24) last year, the company’s net profit was Rs 3,534 crore.
Whereas in the last quarter (Q4FY24) it was Rs 3,986 crore. That means the company’s net profit has increased by 6.8% on quarterly basis (QoQ). HCL released this information in the results of Q1FY25 i.e. the first quarter of financial year 2025.
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Now read the news you need
Up to 7.25% interest is available on Tax Savings FD: 7.7% interest in Post Office NSC, investment has to be made in it for 5 years.
Don’t wait for the end of the financial year for tax planning. Investment for this should be started from the beginning of the new financial year. If you want to save tax and invest somewhere where your money is safe, then Tax Savings FD (5 year FD) and Post Office National Savings Certificate (NSC) scheme can be right for you.
The NSC scheme is offering 7.7% interest annually along with tax exemption. Investment in NSC scheme also has to be made for 5 years. Here, apart from the National Savings Certificate Scheme of the Post Office, we are also telling you how much interest the major banks of the country are offering on 5 year tax saving FD.
Click here to read the full news…
Also see who were the top 10 richest people in the world yesterday…
The market was closed on Saturday, so know the condition of share market and gold and silver on Friday…
Know the latest price of petrol, diesel and gas cylinder…
