FM mentions financial aid under PM Kisan Yojana, Mudra Yojana!
Thu, Feb 1, 2024 1:19 PM

FM mentions financial aid under PM Kisan Yojana, Mudra Yojana!

A Flip by Avya Verma
Get it on Google Play
Finance Minister Nirmala Sitharaman revealed that the PM KISAN Yojana has benefited over 11.8 crore farmers with a financial assistance of Rs 34 lakh crore. This was made possible through direct benefit transfer via Jan Dhan accounts, resulting in savings of Rs 2.7 lakh crore. Under this initiative, farming families receive Rs 6,000 per year in three equal instalments through DBT.

More great flips

Mankind Pharma Q2 net profit up 30% on back of strong domestic biz

Mankind Pharma Q2 net profit up 30% on back of strong domestic biz

Pharmaceutical firm Mankind Pharma Ltd on Tuesday (November 5) reported a 30.4% year-on-year (YoY) jump in net profit at ₹653.5 crore for the second quarter that ended September 30, 2024.The drug major had posted a net profit of ₹501 crore in the year-ago period, Mankind said in a regulatory filing. Revenue from operations increased 13.6% to ₹3,076.5 crore against ₹2,708.1 crore.

Open Flip
Manappuram Finance posts surprise Q2 net profit growth on gold loan boost

Manappuram Finance posts surprise Q2 net profit growth on gold loan boost

Manappuram Finance reported an unexpected growth in second-quarter profit on November 5, as strong performance in its mainstay gold loan segment offset higher provisions. The gold loan financier's consolidated net profit rose 2% from last year to Rs 571 crore for the three months ended September 30.Analysts were expecting a profit of Rs 531 crore as per data compiled by LSEG, a decline of 4.8%.

Open Flip
Festive consumption growth halved in 2024, says Nomura

Festive consumption growth halved in 2024, says Nomura

Nomura brokerage reports that India's festive consumption growth rate halved to 15% this year, down from 32% in 2023 and 88% in 2022, due to weak demand in metros and industrial areas, although rural areas and tier-2 and tier-3 cities saw steady demand. Nomura predicts a "cyclical growth slowdown" in the economy, with downside risks to its 6.7% real GDP growth estimate.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon