Markets have indeed been very volatile in the past couple of months. Firstly, corporate earnings performance has come below expectations for most sectors with single-digit PAT growth for the Nifty and BSE500 leading to downward revision in earnings estimates.
Given the spread between interest offered on FCNR deposits and interest charged on loans, a 10% WTH on loan interest on tax grossed-up basis would
Nuclear Power Corp of India (NPCIL) had budgeted Rs 30.13 crore, including taxes, for insuring Tarapur units 3 and 4 under a one-year property damage
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