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No relief for Pakistan as FDI continues to slump
Updated : 3 years, 5 months ago IST
Pakistan's FDI continues to witness a downturn.
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RBL Bank posts flat profit in second quarter
Updated : 3 years, 5 months ago IST
The Mumbai-headquartered bank has posted 9 per cent growth in its total revenue to Rs 1,648 crore. Net interest income (NII) grew 16 per cent year-on-year to Rs 1,064 crore while net interest margin (NIM) was at 4.55 per cent.
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Himachal: Congress to rely on former CM late Virbhadra Singh's legacy in f
Updated : 3 years, 4 months ago IST
Congress has decided to bank on the legacy of former Chief Minister late Virbhadra Singh's legacy in the forthcoming assembly polls in Himachal Pradesh.
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Afghanistan's economy contracted by about 20 per cent in 2021: World Bank
Updated : 3 years, 5 months ago IST
The World Bank report released last week points to a sharp decline in public spending, lower household incomes, and reduced consumption caused aggregate demand to fall. It also highlights disruptions in the payment system and supply constraints further hampered private sector activities, ini
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World Bank advises Pakistan to take internal steps for economic recovery
Updated : 3 years, 5 months ago IST
Islamabad [Pakistan], October 23 (ANI): World Bank Vice President for South Asia, Martin Raiser on Sunday advised Pakistan to take internal measures along with help from the international community by implementing economic reforms to recover from the cataclysmic floods.
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Kotak Mahindra Bank posts 27 pc growth in profit during Sept quarter
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 23 (ANI): Kotak Mahindra Bank has posted an increase of 27 per cent growth in its profit after tax to Rs 2,581 crore for the quarter ended September 30, against Rs 2,071 crore in the corresponding period in the previous year.
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Economic distortions hold back economic growth of Pakistan, says World Ban
Updated : 3 years, 5 months ago IST
Islamabad [Pakistan], October 22 (ANI): The World Bank said that economic distortions hold back the economic growth of Pakistan.
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Poonawalla Fincorp Q2FY23 PAT jumps 71 per cent YoY to Rs 163 Crores
Updated : 3 years, 5 months ago IST
Pune (Maharashtra) [India], October 22 (ANI/BusinessWire India): The Board of Directors of Poonawalla Fincorp Limited, a non-deposit taking systemically important NBFC focusing on consumer and MSME finance, today announced its unaudited financial results for the quarter ended Sep 30, 2022.
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India's forex reserves at 2-year low amid depreciating rupee
Updated : 3 years, 5 months ago IST
New Delhi [India], October 22 (ANI): India's foreign exchange reserves during the week that ended on October 14 fell to an over two-year low of USD 528.367 billion, a drop of USD 4.5 billion from the previous week.
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J&K Bank's net profit rises 119 pc to Rs 243 crore
Updated : 3 years, 5 months ago IST
Srinagar (Jammu and Kashmir) [India], October 22 (ANI): The Jammu and Kashmir Bank on Friday posted a 119 per cent growth in its net profit to Rs 243.49 crore for the quarter ended September 30 against Rs 111.09 crore in the year-ago period.
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Amid reeling economic crisis, Afghan GDP likely to shrink further in 2022:
Updated : 3 years, 5 months ago IST
Kabul [Afghanistan], October 21 (ANI): While Afghanistan continues to remain under the grip of an economic and humanitarian crisis, the World Bank in its recent development update stated that the country's real gross domestic product (GDP) is projected to contract further in 2022.
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Ayodhya 'Deepotsava' to showcase culture of Uttar Pradesh, various other s
Updated : 3 years, 5 months ago IST
Ayodhya (Uttar Pradesh) [India], October 21 (ANI): As the banks of river Sarayu await to be lit up with lakhs of 'Diyas' (earthen lamps) on the occasion of 'Deepotsava', the stage in Ayodhya is all set to showcase the culture of Uttar Pradesh and several other states through various forms of
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