Indian numerals: A gold excessive, GoFirst grounded, file dividends

$27.6 billion: Dividends paid out by India Inc in FY23

Corporate India showered its shareholders with beneficiant returns within the 2023 monetary year, Change Same outdated reported. The entire equity dividend paid out by companies elevated 38% year-on-year to a file excessive of $27.6 billion. A gigantic enhance came from the dividends paid by three predominant companies: Tata Consultancy Services and products (TCS), Hindustan Zinc, and Coal India, in step with a Change Same outdated glance of 557 listed companies. These 557 companies accounted for nearly half of the market capitalization of listed companies in India.

795 tonnes: India’s gold reserves at a file excessive

The Reserve Financial institution of India’s gold reserves elevated by 34 tonnes year-on-year to achieve a file 795 tonnes at the tip of March 2023, in step with Change Same outdated. The fragment of gold within the worth of India’s reserves had risen to 7.8% from 7% in September 2022.

3: Imported cheetahs loss of life in India within the previous 40 days

A 3rd African cheetah died in Kuno Nationwide Park within the enlighten of Madhya Pradesh on Could additionally honest 9. Daksha, one of the precious 12 cheetahs brought from South Africa in February, died it sounds as if on account of a wound it suffered while mating. In April, a male cheetah died of cardiac failure, while in March, one other female cheetah died reportedly of a kidney ailment. In total, including these three fatalities, 20 cheetahs like been imported from Africa at some level of the final year to reintroduce the animal in India, the put it went extinct seven an extended time ago.

46%: OPEC’s all-time-low fragment in India’s oil imports

More inexpensive Russian oil has pushed the Organization of the Petroleum Exporting Countries (OPEC) worldwide locations’ fragment in India’s imports to no longer as much as half of. It hit an all-time low of 46% in April, down from 72% in April 2022. At one level, India changed into as soon as importing 90% of its oil from OPEC countries, in step with a Mint insist. Russia’s fragment in India’s oil imports has elevated from no longer as much as 1% sooner than the Ukraine invasion in February 2022 to 36%. In March 2023, India imported nearly 1.7 million barrels of oil per day from Russia, in contrast to 68,600 a year ago.

$110 million: Walk agents’ funds caught in GoFirst

The Walk Agents Association of India (TAAI), which has around 2,500 members, has approached the Indian authorities to encourage retrieve nearly $110 million caught with GoFirst. The no-frills airline declared economic raze, triggering chaos within the Indian aviation market. TAAI has stated that its members had paid the airline advances for future bookings. India’s companies tribunal has admitted GoFirst’s insolvency plea and accredited a moratorium towards the repossession of the airline’s plane by debtors.