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India's inflation in 2023-24 seen averaging near RBI's 6 pc upper band: Fi
Updated : 2 years, 10 months ago IST
Fitch Ratings forecasts India's headline inflation to decline, but remain near the upper end of the Reserve Bank of India's 2-6 per cent target band, averaging 5.8 per cent in 2023-24 from 6.7 per cent last year.
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Sri Lanka, Bangladesh cricket boards back BCCI on moving Asia Cup 2023 out
Updated : 2 years, 10 months ago IST
The Asian Cricket Council (ACC) president Jay Shah last year announced that the 2023 edition of the tournament will be held at a neutral venue, instead of Pakistan.
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Indian Bank net profit grows 48 pc in fourth quarter
Updated : 2 years, 10 months ago IST
The lender said its operating expenses surged 12.97 per cent to Rs 3,639.93 crore in the reviewed quarter, against Rs 3,221.85 crore in the corresponding period the previous year, according to a statement shared with exchanges on Monday.
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Residential real estate sales rise over 10 pc in Jan-Mar 2023: Report
Updated : 2 years, 10 months ago IST
Residential real estate or housing segment witnessed continued momentum in sales in January-March 2023 quarter. Real estate consulting firm CBRE South Asia Pvt. Ltd released its 'India Market Monitor Q1 2023' report, which showed sales in pan-India residential sales at 78,700 units as agains
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Zen Technologies net profit jumps 508 pc in fourth quarter
Updated : 2 years, 10 months ago IST
According to the statement shared with exchanges, the firm's Ebitda zoomed 371.45 per cent to Rs 35.17 crore, against Rs 7.45 crore in the corresponding quarter. Revenue from operations of the firm went up 245.14 per cent to Rs 95.88 crore in the reviewed quarter, against Rs 27.78 crore.
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Union Bank of India profit jumps 61 pc in fourth quarter
Updated : 2 years, 10 months ago IST
In the reviewed quarter, the bank had strong growth in terms of advances and deposits year-on-year, while a sharp decline has been seen in gross non-performing assets (NPA). Interest margins expanded further annually.
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Britannia net profit jumps 47 pc in fourth quarter
Updated : 2 years, 10 months ago IST
Total revenue from operations came in at 4,023.18 crore during the reviewed quarter, against Rs 3,550.45 crore in the same quarter last year, which registered a 13.31 per cent growth, according to a statement shared with exchanges.
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RINL records its highest April production with 20 pc jump
Updated : 2 years, 10 months ago IST
According to the statement, the state-run company also set new technical benchmarks during April, with the blast furnace shop reporting a productivity of 2.09 tonne of hot metal per day per cubic meter from Blast Furnace-1 and Blast Furnace-2.
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OECD inflation falls to 7.7 pc in March 2023, as energy inflation continue
Updated : 2 years, 10 months ago IST
At the low end, Japan, Luxembourg, Spain and Switzerland recorded inflation rates below 4 per cent, while inflation in Hungary and Turkey still exceeded 20 per cent.
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Madhya Pradesh: Former BJP minister Deepak Joshi joins Congress
Updated : 2 years, 10 months ago IST
Joshi joined the Congress party in the presence of Former Chief Minister and Pradesh Congress Committee (PCC) Chief Kamal Nath at Congress headquarters in the State capital Bhopal.
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Adani Power's Q4 profit rises 12.9 per cent, 118.4 pc in entire fiscal
Updated : 2 years, 10 months ago IST
Adani Power (APL), a part of the diversified Adani Group, is a major private thermal power producer in India. The company has an installed thermal power capacity of 14,410 MW spread across eight power plants in Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh, and Jha
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India sees 18 pc surge in weekly cyberattacks in Jan-Mar 2023
Updated : 2 years, 10 months ago IST
During the first quarter of 2023, the global average weekly attacks rose by 7 per cent in comparison to the corresponding period in 2022, with each organisation facing an average of 1,248 attacks per week, Check Point said in a statement.
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