Home ArthNivesh Arthnivesh Weekly Newsletter – Vol. 4 || Issue 8
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Arthnivesh Weekly Newsletter – Vol. 4 || Issue 8

  • Term of the Week: Compound Interest
    • Interest calculated on both the principal and accumulated interest, enabling faster financial growth compared to simple interest.
  • ONGC Q2 Results
    • Net profit fell 25% to ₹10,272.5 crore (Q2 FY25) from ₹13,703.38 crore (Q2 FY24).
    • Announced an interim dividend of ₹6 per share.
  • India’s Net Direct Tax Collection
    • Grew 15.4% YoY to ₹12.1 lakh crore (April 1–Nov 10).
    • Gross direct tax collection rose 21% to ₹15 lakh crore.
    • Government issued ₹2.9 lakh crore in refunds.

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