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Government News
RBL Bank on Friday reported an 81 per cent decline in its net profit to ₹69 crore for the fourth quarter of FY25 on an increase in provisions. The lender had earned a net profit of ₹353 crore in the year-ago period. During the quarter, the bank’s total income increased to ₹4,476 crore as against…
IMF Director of the Asia and Pacific Department Krishna Srinivasan | Photo Credit: ELIZABETH FRANTZ/Reuters The International Monetary Fund said Asian central banks generally have room to lower interest rates to support domestic demand and offset the impact of the escalating global trade war, with the region in much stronger shape than before the Asian…
Arun Misra, CEO, Hindustan Zinc Vedanta group firm Hindustan Zinc Ltd (HZL) on Friday reported a 47.3 increase in consolidated net profit at Rs 3,003 crore in the quarter ended March 2025 on the back of higher income. The company had posted a net profit of Rs 2,038 crore in the year-ago period. Income of…
The government of India has appealed to the country’s gaming industry to follow the “Make in India, for the world” goal when it comes to game development. The idea is not just to be a consumer’s market but to be more participative in the development and marketing aspect of the industry as well. Logically, it…
The Indian Premier League (IPL) attracted an audience of 546 million last year across 67 matches. It is the second richest league in the world after the USA’s National Football League (NFL). But unlike the NFL, IPL doesn’t run for 5-6 months. It often wraps up within two months, much sooner than other global favourites…
Indian Energy Exchange (IEX) reports record electricity trading volumes, profit growth, and dividend declaration for FY’25. | Photo Credit: iStockphoto The shares of Indian Energy Exchange Limited were trading at ₹195.29 up by ₹4.45 or 2.33 per cent on the NSE today at 12.20 pm. Indian Energy Exchange (IEX) announced yesterday its strongest performance to…
Debris of the house of Adil Thokar, linked to the Pahalgam terror attack, that was demolished in Bijbhera, in Anantnag dristrict, on Friday | Photo Credit: – Bomb blasts on Friday destroyed the houses of two local terrorists suspected to be involved in Phalgam terror attack. The explosions took place inside the houses of Asif…
Nifty 50 is coming down sharply within its 24000-24360 range. The index is currently approaching the lower end of the above-mentioned range. It is currently trading at 24,051, down 0.85 per cent. The advances/declines ratio is at 5:45. This is clearly negative and indicates that more fall could be on the cards during the day….
India suspends Indus Waters Treaty due to Pakistan’s cross-border terrorism targeting Jammu and Kashmir, breaching treaty obligations. | Photo Credit: ANI India has informed Pakistan of its decision to keep Indus Waters Treaty in abeyance with immediate effect, saying Pakistan has breached conditions of the treaty. Sustained cross-border terrorism by Pakistan targeting Jammu and Kashmir…
Domestic markets on Friday are likely to resume momentum after Thursday’s halt amid positive global cues. Gift Nifty at 24,520 signals a gap-up opening of about 150 points for Nifty, as foreign portfolio investors resort to aggressive buying. However, risk-averse traders will remain on the sidelines due to escalation of tensions in the Kashmir region….
