Business
Enterepreneur's Launchpad India's Largest Enterpreneur's | Image Courtsy : Bada Business
| July 25, 2023, 2:17 p.m.
Entrepreneurs Launchpad - India's Largest Entrepreneurial Event Presented by Badabusiness Community
Badabusiness Community, founded by renowned entrepreneur Vivek Bindra, is organizing the Entrepreneurs Launchpad, the country's most significant entrepreneurial event. This two-day webinar, taking place on 23rd and 24th September at the Indira Gandhi Stadium in Delhi, features esteemed speakers such as Ashneer Grover, Gaur Gopal Das, Vivek Oberoi, Jaya Kishori, Manu Jain, Aman Gupta, Ritesh Agrawal, Awadh Ojha, Nitin Kamath, Khan Sir, Gaurav Chaudhary, and Ranveer Allahbadia. Don't miss this opportunity to learn the secrets of business growth and motivation across all domains. Book your seats now!
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ICICI official Logo , ICICI headoffice Suited in Mumbai
| July 22, 2023, 2:02 p.m.
ICICI Bank Q1FY24 Net Profit Surges 40%, Beats Market Expectations
ICICI Bank, the second-largest private lender in India, reported a substantial 40% year-on-year increase in net profit at Rs 9,648 crore for the first quarter of the financial year 2023-24. The bank's net interest income (NII) also surged by 38% YoY to Rs 18,227 crore during the same quarter. The bank's asset quality improved as gross non-performing assets (GNPAs) declined to 2.76% and net non-performing assets (NNPA) decreased to 0.48% from the previous year. ICICI Bank's retail loan portfolio experienced a significant 22% YoY growth and constituted 54.3% of the total loan portfolio. The bank's CASA ratio stood at 42.6%, reflecting strong current account and savings account deposits. The positive financial results indicate robust performance and business growth for ICICI Bank in Q1FY24.
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Highlights of India Budget 2024: Finance Minister announces 2 crore more houses under Pradhan Mantri Awas Yojana – Gramin (PMAY-G) . No changes to income tax slabs.
Budget 2024 Key Highlights: Fiscal deficit target for 2024-25 at 5.1% of GDP; no changes to income tax slabs
No Major Tax Changes in Interim Budget, Focus on Growth
Fiscal Deficit Target Lowered to 5.8% in Interim Budget
Infrastructure, Digital Push to Drive Growth in Interim Budget
Education Sector Seeks Higher Allocation, NEP Implementation in Budget
Sitharaman Presents Interim Budget, Focuses on Fiscal Consolidation and Growth
Sitharaman's Last Budget Before 2024 Elections Focuses on Rural India
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