Union Budget: Govt keeps NHAI’s borrowings to a minimum for 3rd year
Thu, Feb 1, 2024 4:00 PM

Union Budget: Govt keeps NHAI’s borrowings to a minimum for 3rd year

A Flip by Avya Verma
Get it on Google Play
The Union government has asked the National Highways Authority of India (NHAI) to continue on the path of fiscal consolidation and keep borrowings to a minimum in 2024-25 in an attempt to stop its debt ballooning to unsustainable levels. According to the interim budget for 2024-25, no provision for borrowings by the highway developer has been made for the next financial year.

More great flips

Top Stocks of Today - 10th January 2025

Top Stocks of Today - 10th January 2025

Tata Consultancy Services reported a 4% rise in Q3 net profit to ₹12,380 crore, with revenues falling 0.4% to ₹63,973 crore. Other key earnings reports included📌 Tata Elxsi's 13.3% drop in profit,📌 IREDA's 26.8% profit growth,📌 GTPL Hathway's 57% profit plunge, and📌 Adani Total Gas benefiting from a 20% increase in APM-priced domestic gas allocation.

Open Flip
Mutual fund flows have brought a lot of resilience to Indian markets: SEBI

Mutual fund flows have brought a lot of resilience to Indian markets: SEBI

SEBI Chairperson Madhabi Puri Buch highlights the significant role of mutual fund flows in enhancing India's financial market resilience, with the industry's assets under management reaching ₹66.93 lakh crore, a six-fold increase since 2014, and 22.5 crore folios as of December 2024, driven by retail investors' shift to long-term wealth-building strategies.

Open Flip
Tata Elxsi Q3 Results 2025 on 10 Jan, 2025: profit falls by 3.6% YOY

Tata Elxsi Q3 Results 2025 on 10 Jan, 2025: profit falls by 3.6% YOY

Tata Elxsi Q3 Results 2025: Tata Elxsi declared their Q3 results on 09 Jan, 2025. The topline increased by 2.73% & the profit decreased by 3.6% YoY. Profit at ₹199.01 crore and revenue at ₹939.17 crore. As compared to the previous quarter, the revenue declined by 1.67% and the profit decreased by 13.26%.

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