In the present week, 39 companies including Infosys Ltd., ACC Ltd., and Adani Ports and Special Economic Zone Ltd. have upcoming record dates for dividend payments. To be eligible for dividends, investors should take note of the record date, which determines shareholder eligibility. Under India's T+1 settlement cycle, shares purchased on the record date itself will not qualify for the dividend payment. The ex-dividend date, which falls before the record date, marks when the share price adjusts to reflect the upcoming payout. For instance, if the record date of a dividend stock is June 9, then investors must purchase shares by June 8, 2026, to be eligible. The ex-dividend date, which comes before the record date, reflects when the share price adjusts to account for the upcoming payout. The most significant interim dividend announced this week comes from Oseaspre Consultants Ltd. and Technojet Consultants, which is offering a substantial payout of Rs 87 per share with an ex-d...
Prime Minister Narendra Modi on Saturday chaired a meeting with the members of the Economic Advisory Council (EAC) to the prime minister and discussed a plethora of ideas and measures to bolster India's economic growth amid global turmoil. The prime minister and the EAC-PM members discussed various ideas and measures to further boost India's economic growth in times of global turmoil, they said. The members also gave their assessment of the impact of the West Asia conflict on India and the world. West Asia Conflict's Potential Impact Ever since the war in West Asia began, economies around the world have felt adverse impacts in various aspects; be it energy prices spiralling out of control, restriction to air spaces, or security threats. Additionally, conflict and military escalation threatens to push 2.5 million people in India into poverty and the country is projected to experience some loss in its human development progress, according to estimates and projectio...