EV पर सब्सिडी के लिए सरकार ने ₹278 करोड़ बढ़ाए: अगस्त में 13 दिन बंद रहेंगे बैंक, पेट्रोल-डीजल की कीमत में कोई बदलाव नहीं​​​​​​​

Yesterday’s big news was related to subsidy on electric vehicles. The central government has extended the Electric Mobility Promotion Scheme (EMPS) till 30 September. Along with this, the government has increased the subsidy from Rs 500 crore to Rs 778 crore.

At the same time, banks will remain closed for 13 days in the month of August 2024. Due to many reasons, banks will remain closed for 7 days at different places in the country. Apart from these, banks will also remain closed on 4 Sundays and 2 Saturdays.

Before tomorrow’s big news, today’s major events, which will be in focus…

Now read yesterday’s big news…

1. Subsidy will be available on electric vehicles till September 30: Government increased Rs 278 crore for EMPS, electric cars are not included in this

The central government has extended the Electric Mobility Promotion Scheme (EMPS) till 30 September. Along with this, the government has increased the subsidy from Rs 500 crore to Rs 778 crore. The Heavy Industry Ministry launched this scheme on March 13 to promote the sale of electric vehicles in the country.

Then this scheme was implemented from 1 April 2024 to 31 July 2024. This scheme provides subsidy on electric two wheelers, electric three wheelers and e-rickshaws. No information has been given about the inclusion of electric 4 wheelers in it.

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2. Banks will remain closed for 13 days in August: Apart from 4 Sundays and 2 Saturdays, there will be no work for 7 days at different places

Banks will remain closed for 13 days in the month of August 2024. Due to many reasons, banks will remain closed for 7 days at different places in the country. Apart from these, banks will also remain closed on 4 Sundays and 2 Saturdays.

Banks will remain closed everywhere on the occasion of Independence Day on 15 August. Apart from this, banks will remain closed in most parts of the country on Janmashtami on 26 August. Here we are telling you about the bank holidays of the month of August.

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3. ICICI Bank’s profit increased by 14.6% in the first quarter: Income increased by 18.6% to ₹ 45,997 crore, interest income also increased by 7.27%

The country’s second largest bank ICICI’s standalone net profit in the April-June quarter rose 14.62% year-on-year to ₹11,059.11 crores. It was ₹9,648.20 crores in the same quarter last year.

However, the bank’s net profit has increased by 3.28% on a quarterly basis. In the previous quarter (Q4 FY24), the bank’s profit was Rs 10,707.53 crore. ICICI has released the results for Q1FY25 i.e. the first quarter of the financial year 2024-25 on Saturday (July 27).

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4. PNB’s first-quarter profit rises 159% to ₹3,252 crore: Income rises 12.54% to ₹32,165 crore, interest income also rises 10.23%

Punjab National Bank’s standalone net profit in the April-June quarter rose 159% year-on-year to ₹3,252 crores from ₹1,255 crores in the same quarter last year.

At the same time, the net profit of the bank has also increased by 8.03% on a quarterly basis. In the last quarter (Q4 FY24), the bank’s profit was Rs 3,010 crore. PNB has released the results of Q1FY25 i.e. the first quarter of the financial year 2024-25 on Saturday (July 27).

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5. NTPC’s first-quarter profit rises 12% to ₹5506 crore: Income rises 12.64%, company will pay dividend of ₹3.25 per share

National Thermal Power Corporation i.e. NTPC Limited’s profit in the first quarter (April-June) of FY 2024-25 increased by 12.20% year-on-year (YoY) to ₹5,506 crore. The company’s consolidated net profit in the same quarter a year ago was ₹4,907 crore.

The company has announced a final dividend of Rs 3.25 per share for the financial year 2024. When companies give a part of their profits to their shareholders, it is called dividend. NTPC has released its first quarter results today i.e. on 27th July.

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6. ITC Hotels demerger will be completed in the next 6 months: Shares expected to be listed by the end of the year; Shareholders had given approval 2 months ago

The demerger of ITC Group’s hotel business will be completed in the next 6 months. ITC Chairman and Managing Director (CMD) Sanjeev Puri said this in an interview to CNBC TV-18. He said that the hotel business can be listed on the stock exchange by the end of this year.

Sanjeev Puri said- It is very difficult to give any exact date for listing right now. There are many regulatory processes for this, which have to be gone through and sometimes there are some queries, which also have to be answered. However, I do not think that there will be any major change in the stated time frame.

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7. Akms Drugs IPO will open next week: Bidding can be done from 30 July to 1 August, minimum investment ₹ 14,938

Akms Drugs and Pharmaceuticals Limited’s Initial Public Offer i.e. IPO will open next week. Retail investors will be able to bid for the IPO from July 30 to August 1. The company’s shares will be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on August 6.

Through this issue, the company wants to raise ₹1,856.74 crore. For this, the company is issuing 27,345,162 fresh shares worth ₹680 crore. Whereas, the existing investors of the company are selling 17,330,435 shares worth ₹1,176.74 crore through Offer for Sale i.e. OFS.

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