Author: Deshwale Business Desk

Turkish Airlines has announced a Profit from Main Operations of $2.4 billion for 2024, cementing its position as a key player in global aviation. This achievement comes despite ongoing geopolitical and economic uncertainties, supply chain disruptions, and aircraft production bottlenecks. The airline’s financial performance continues to outshine industry norms, with a steady focus on passenger and cargo services. As part of its commitment to shareholders, Turkish Airlines will distribute a cash dividend of $260 million, a testament to its resilience and operational efficiency. A Record-Breaking Year for Turkish Airlines The airline’s total revenue for 2024 reached $22.7 billion, reflecting an…

કોમોડિટી વાયદાઓમાં રૂ. 10205.63 કરોડ અને કોમોડિટી ઓપ્શન્સમાં રૂ. 44268.92 કરોડનું ટર્નઓવરઃ સોના-ચાંદીના વાયદાઓમાં રૂ. 7529.94 કરોડનાં કામકાજઃ બુલિયન ઇન્ડેક્સ બુલડેક્સ વાયદો 20167 પોઇન્ટના સ્તરે દેશના અગ્રણી કોમોડિટી ડેરિવેટિવ્ઝ એક્સચેન્જ એમસીએક્સ પર વિવિધ કોમોડિટી વાયદા, ઓપ્શન્સ અને ઇન્ડેક્સ ફ્યુચર્સમાં રૂ. 54475.86 કરોડનું ટર્નઓવર નોંધાયું હતું. કોમોડિટી વાયદાઓમાં રૂ. 10205.63 કરોડનાં કામકાજ થયાં હતાં, જ્યારે કોમોડિટી ઓપ્શન્સમાં રૂ. 44268.92 કરોડનું નોશનલ ટર્નઓવર નોંધાયું હતું. બુલિયન ઇન્ડેક્સ બુલડેક્સ માર્ચ વાયદો 20167 પોઇન્ટના સ્તરે ટ્રેડ થઈ રહ્યો હતો. કોમોડિટી ઓપ્શન્સમાં કુલ પ્રીમિયમ ટર્નઓવર રૂ. 798.88 કરોડનું થયું હતું. કીમતી ધાતુઓમાં સોના-ચાંદીના વાયદાઓમાં રૂ. 7529.94 કરોડનાં કામકાજ થયાં હતાં. એમસીએક્સ સોનું એપ્રિલ વાયદો 10…

The Multi Commodity Exchange (MCX), India’s leading commodity derivatives exchange, recorded a total turnover of Rs 54,475.86 crore across various futures and options contracts till 5:30 PM today. Commodity futures accounted for Rs 10,205.63 crore, while options on commodity futures saw a notional turnover of Rs 44,268.92 crore. The Bullion Index MCXBULLDEX March 2025 futures reached 20,167 points. Bullion Market Sees Gains The turnover of gold and silver futures reached Rs 7,529.94 crore as both metals registered gains. Gold futures recorded a turnover of Rs 3,621.58 crore with 4,269 lots traded, while silver futures registered Rs 1,572.32 crore in turnover…

Credit Awareness on the Rise Women in India are taking charge of their finances. NITI Aayog’s latest report shows a 42% rise in women borrowers. By December 2024, 27 million women were actively monitoring their credit. This marks a significant shift towards financial awareness. Women’s Role in Financial Inclusion The report, From Borrowers to Builders: Women’s Role in India’s Financial Growth Story, was launched by NITI Aayog in collaboration with TransUnion CIBIL and MicroSave Consulting. It highlights the role of finance in women’s empowerment and entrepreneurship. Women now make up 35% of business borrowers in India. Business loan origination by…

MCX Commodity Express. Welcome to MCX Commodity Express, your weekly dose of insights and updates on India’s premier commodity exchange — the Multi Commodity Exchange (MCX). Hosted by Naimish Trivedi for Deshwale, this exclusive segment brings you a comprehensive roundup of the week’s action across the commodity markets — covering price trends, top gainers, key losers, and market dynamics that shaped the week gone by. Every week, MCX Commodity Express decodes the pulse of the Indian commodity market — a vital segment of the country’s financial ecosystem. From the volatile crude oil contracts to the shining swings in gold and…

The Indian Institute of Corporate Affairs (IICA), under the Ministry of Corporate Affairs, hosted the National Association of Impact Leaders (NAIL) Meet 2025 in Goa. This landmark event brought together ESG professionals, policymakers, and thought leaders to discuss corporate sustainability, governance frameworks, and green technology adoption in India. Setting the tone for an insightful dialogue, Prof. Garima Dadhich, Associate Professor and Head, School of Business Environment, IICA, emphasised the need to align organisational strategies with evolving global frameworks. She highlighted how ESG leadership in India is shaping the future of responsible business practices. A key session featured Ms. Aruna C.…

The Ministry of Coal is set to host its third roadshow on commercial coal mine auctions in Gandhinagar, Gujarat, tomorrow. The event aims to promote private investment in coal mining and enhance domestic coal production. It follows successful roadshows in Kolkata and Mumbai, highlighting the government’s commitment to self-reliance in the energy sector. Industry Leaders and Policymakers to Join Union Minister of State for Coal and Mines Satish Chandra Dubey will be the Chief Guest, alongside Additional Secretary Rupinder Brar and senior officials from the Ministry. They will provide insights into the auction process, investment landscape, and policies driving growth…

Wealth concentration: A growing concern Wealth inequality is a defining feature of modern economies, with a significant concentration of assets in the hands of a small elite. This phenomenon is observed across both developing and developed nations, where a minority controls the majority of a country’s wealth while the rest struggle to meet basic needs. India: A nation of stark contrasts India exhibits significant wealth disparity, with the top 1% of the population controlling 40.1% of the nation’s total wealth and earning 22.6% of total income as of 2023. This highlights an economic structure where only a fraction of the…

Prime Minister Narendra Modi addressed a post-budget webinar on agriculture and rural prosperity. He announced the ‘PM Dhan Dhanya Krishi Yojana’ to develop 100 low-yield agricultural districts. Focus on 100 Low-Yield Districts The scheme aims to improve agricultural productivity in the least developed farm districts. Modi highlighted past success with the Aspirational Districts programme. The new initiative will follow a similar model to increase farmers’ income. Investments in Agriculture and Nutrition Modi pointed out that India’s agricultural output has grown from 265 million tons to over 330 million tons in a decade. Horticulture production has crossed 350 million tons. He…

Toyota Kirloskar Motor (TKM) recorded a 13% sales growth in February 2025. The company sold 28,414 vehicles, up from 25,220 in February 2024. In India, domestic sales stood at 26,414 units. Exports added 2,000 more. From April 2024 to February 2025, Toyota’s total sales reached 3,06,105 units. This marks a 30% jump from the 2,36,332 units sold in the same period last year. SUVs and MPVs drove the growth, contributing 68% of sales. Best-selling models included the Innova Crysta, Innova Hycross, Urban Cruiser Hyryder, Hilux, Fortuner, Legender, and Rumion. Toyota reopened bookings for the Land Cruiser 300 to meet demand.…