Income

Buy Now, Pay Later: Limit instalments to 10-15% of income, restrict usage

Those with multiple loans, irregular earnings, or poor repayment habits should avoid this form of quick credit

40 regional parties earned ₹2,532 cr in FY24, 70% via electoral bonds: ADR

Around 40 regional political parties declared a combined income of Rs 2,532.09 crore in the financial year 2023-?24, with more than 70 per cent of their funds coming through electoral bonds, according to an analysis by poll rights body Association for Democratic Reforms (ADR). The Bharat Rashtra Samithi (BRS) reported the highest income at Rs 685.51 crore, followed by the Trinamool Congress (TMC) with Rs 646.39 crore, the Biju Janata Dal (BJD) with Rs 297.81 crore, the Telugu Desam Party (TDP) with Rs 285.07 crore and YSR Congress with Rs 191.04 crore. These top five parties accounted for 83.17 per cent of the total income declared by the 40 regional parties. "The total income of the 40 regional parties for FY 2023-24 was Rs 2,532.096 crore. More than 70 per cent of the total income (Rs 1,796.024 crore) of the 40 regional political parties analysed for FY 2023-24 came from donations through electoral bonds," the report said. The ADR said that audit reports of 20 regional parties we

Income of unrecognised political parties jumps 223% in FY23: ADR report

The declared incomes of registered unrecognised political parties witnessed a 223 per cent spike in 2022-23 and more than 73 per cent of these parties failed to publicly disclose their financial records, according to poll rights body the Association for Democratic Reforms (ADR). Its report analysed the status of submission of annual reports of a total of 739 (26.74 per cent) registered unrecognised parties across 22 states in India, whose either audit or contribution reports were available on the websites of respective state CEOs for the 2022-23 financial year. The analysis showed that both annual audit and contribution reports of a significant 73.26 per cent or 2025 of the total registered unrecognised parties are not available in the public domain for FY 2022-23. The maximum number of registered unrecognised parties, whose statements are available are in Uttar Pradesh, followed by Delhi and Bihar, given that these states have the highest number of registered unrecognised political

ICICI Prudential Life Q1FY26 results: Net profit rises 34% to ₹302 crore

Premium income grew nearly 8% year-on-year while expenses declined 4.72%; APE and VNB saw a dip even as solvency and persistency ratios remained strong

Household income survey to gauge earnings welcome, but challenging

The World Inequality Lab has estimated inequality declined in India between 1947 and the early 1980s, before reversing course and widening dramatically over the last 25 years

NSO to launch household income survey from Feb 2026: Statistics minister

The survey aims to estimate average household income across India and may help provide a clearer picture of poverty, inequality and income disparity across rural and urban areas

Rising incomes boost hopes of India's lower middle class, survey finds

Home Credit India's latest survey finds rising income, digital adoption, and focus on education driving optimism among lower-middle-class Indians despite financial pressures

'More Indians graduating in Singapore, median income rises by 10%'

The Indian community in Singapore has progressed significantly, with national figures showing improvement in areas such as median household income and education, said Minister for Home Affairs and Law K Shanmugam. Based on Singapore's population census, he noted that among those aged 25 and above, 41 per cent had degrees in 2020, up from 16.5 per cent in 2000. This means that four in 10 Indians are graduates, he added. "Some of it is due to immigration, but a significant number is also due to the way in which the community has improved," The Straits Times quoted the minister as saying on Saturday at an appreciation ceremony for donors, partners and volunteers of self-help group Singapore Indian Development Association, or Sinda, activities of which include lending education support to the community. Shanmugam, the Sinda chairman, said there were also fewer school dropouts, noting that about 18 per cent of Indians left school without a secondary education in 2020, down from 38 per ce

Over 30k taxpayers declare foreign assets, income of Rs 30,300 crore: FM

Finance Minister Nirmala Sitharaman on Tuesday said more than 30,000 taxpayers have revised their I-T returns or filed belated returns and declared additional foreign assets and income of about Rs 30,300 crore. "We carried out a 'nudge' campaign in which we nudged taxpayers to voluntarily disclose their Foreign Income and Assets. SMS and E-mails were sent to around 19,501 select taxpayers, asking them to review their Income Tax Returns filed for the 2024-25 based on information available to Income Tax of foreign deposits etc," she said in reply to Finance Bill 2025 in the Lok Sabha. As a result of the campaign, she said out of 19,501 taxpayers, a total of 11,162 taxpayers revised their returns and filled out Schedule Foreign Assets Form, declaring total assets of Rs 11,259.29 crores disclosing foreign income of Rs 154.42 crore. In addition to the above, she said 883 taxpayers revised their ITRs and corrected their status from resident to non-resident in the revised return for ...

KP Green Energy Q3 results: Net profit grows to Rs 25 crore on high income

KP Green Energy on Thursday posted a more than two-fold rise in standalone net profit to Rs 25.17 crore in the December quarter, driven by a growth in income. It had reported a Rs 9.21 net profit for the October-December period of the preceding financial year, the company said in an exchange filing. In the quarter under review, its total income rose to Rs 204.28 crore, from Rs 82.20 crore a year ago. While expenses were at Rs 171.45 crore as against Rs 69.84 crore in the third quarter last fiscal.

UCO Bank's Q3FY25 results: Net profit rises 27% on better margins

Plans Rs 2,000 crore QIP in the current quarter

Experts call for systemic change in accounting, ESG to reflect true value

Income statements in the US haven't changed since maybe 1920

MobiKwik posts Rs 3.59 crore loss in Q2FY25, total income grows 42%

The Gurugram-based company's total income rose 42 per cent year-on-year (Y-o-Y) to Rs 293.66 crore in Q2FY25 from Rs 206.83 crore in Q2FY24

Indians see lower living costs but anticipate price hikes: Report

Indian fear that food prices, utilities, household shopping, fuel, and going out are all likely to become more expensive next year: Ipsos Cost of Living report

Rising income levels to optimise home affordability in next 12 months: JLL

Kolkata is estimated to be the most affordable city, while Mumbai may reach near-optimal affordability levels in 2025

KP Energy Q2FY25 results: Net profit grows three-fold to Rs 24.93 cr

KP Energy on Wednesday reported a three-fold rise in consolidated net profit to Rs 24.93 crore on the back of higher income. It had posted Rs 8.18 crore net profit for the period ended September 2023, the company said in an exchange filing. Its total income jumped to Rs 201.99 crore from Rs 71.48 crore in the July-September period of the preceding 2023-24 fiscal. The company's expenses increased to Rs 169.15 crore against Rs 59.41 crore a year ago.

Maharashtra Assembly polls: CM Shinde's income plummets 50% but assets rise

Despite the dip in income, the total assets held by Maharashtra CM Eknath Shinde and his wife experienced substantial growth, rising from Rs 11.56 crore in 2019 to Rs 37.68 crore in 2023-24

Living standards to see steepest rise in coming decades: FM Sitharaman

India will witness the steepest rise in living standards of the common man on the back of the government's initiatives and the efforts towards doubling per capita income in few years, Finance Minister Nirmala Sitharaman said on Friday. Addressing the 3rd edition of the Kautilya Economic Conclave, the minister stressed that inequality in India has declined with the Gini coefficient, a statistical tool to measure inequity, showing improvement in urban as well as rural areas. "I expect these improvements to continue as the effects of the last ten years of economic and structural reforms manifest more thoroughly in the data in the coming years as the Covid shock fades from the economy," Sitharaman said. The upcoming decades, the minister said, "will see the steepest rise in living standards for the common man, truly making it a period-defining era for an Indian to live in". "While it took us 75 years to reach a per capita income of USD 2,730, as per IMF projections, it will take only f

On a shoestring: Waqf wallet shrinks on dwindling property income

This is despite an increase in properties registered under the Waqf

Bayer CropScience Ltd Q1 results: Net profit decreases 23% to Rs 254 cr

Bayer CropScience Ltd on Thursday reported a 23 per cent decline in its net profit to Rs 254.2 crore in the first quarter of this fiscal. Its net profit stood at Rs 328.5 crore in the corresponding period of the previous year. The company's total income fell to Rs 1,658.7 crore in the April-June period of this fiscal from Rs 1,760.3 crore in the year-ago period, according to a regulatory filing.