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SBI records net profit of Rs 17,035 cr with increase in operating profit b
Updated : 1 year, 7 months ago IST
The operating profit for the quarter saw a more significant rise, increasing by 4.55 per cent YoY to Rs 26,449 crores. The bank's Return on Assets (ROA) and Return on Equity (ROE) stood at 1.10 per cent and 20.98 per cent respectively, underscoring the bank's efficient management and profita
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Global gold demand drops 6 pc in Q2 2024 due to slump in jewellery consump
Updated : 1 year, 7 months ago IST
The record-high gold prices took a significant toll on jewellery consumption. Volumes fell 19 per cent y/y to 391 tonnes, the lowest in four years.
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IGP chairs security review meeting in Kashmir in view of forthcoming event
Updated : 1 year, 7 months ago IST
The Inspector General of Police Kashmir Zone, V.K. Birdi, chaired a security review meeting at the conference hall of Police Control Room (PCR) in Kashmir on Friday.
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Coal sector shows highest growth of 14.8 pc among eight core industries in
Updated : 1 year, 7 months ago IST
The coal sector has demonstrated the highest growth of 14.8 %, among the eight core industries for the month of June 2024 as per the Index of Eight Core Industries released this week by the Ministry of Commerce and Industries.
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Resolutions under IBC up by a record 42 pc in FY 2024; real estate and man
Updated : 1 year, 7 months ago IST
The Insolvency and Bankruptcy Code (IBC) recorded the highest-ever number of resolutions in fiscal 2024. In the year 269 cases received approval from the National Company Law Tribunal (NCLT) for resolution plans.
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UAE: 11 pc increase in DEWA's digital transactions in H1 2024
Updated : 1 year, 7 months ago IST
In a press release on Friday, DEWA announced that customers conducted over 1.1 million digital transactions via DEWA's website, over 2.2 million transactions via its smart app, and more than 3.3 million transactions through various digital channels provided in collaboration with partners.
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TMC MP Sudip Bandyopadhyay calls 18 pc GST on health insurance as "anti-pe
Updated : 1 year, 7 months ago IST
All India Trinamool Congress leader and MP Sudip Bandyopadhyay on Friday criticized the Union government, calling the 18 per cent GST on medical and health insurance "anti-people" and said that it is adversely affecting the citizens of the country.
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Coal production in July stands at 74.07 MT with upswing of 6.69 pc
Updated : 1 year, 7 months ago IST
Coal production during July 2024 reached at 74.07 million tonnes, surpassing the figures of 69.42 million tonnes in July 2023, an increase of 6.69 per cent.
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GST collections in July at Rs 1.82 lakh crore, up 10.3 pc year-on-year
Updated : 1 year, 7 months ago IST
So far in 2024, the total GST collection has been 10.2 per cent higher at Rs 7.38 lakh crore, as against Rs 6.70 lakh crore mopped up in the corresponding period of 2023.
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2.08 pc of Rs 2000 notes, valued Rs 7,409 crore, still to be returned: RBI
Updated : 1 year, 7 months ago IST
The last day for the public to avail of exchange or to deposit high-value Rs 2000 banknotes at the banks was October 7, 2023. However, the window for depositing and/or exchanging the Rs 2,000 banknotes continues to be available at the 19 issue offices of the RBI.
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Adani Enterprises registers 116 pc jump in Q1 profit, 13 pc in revenue
Updated : 1 year, 7 months ago IST
The Adani Group flagship company reported a whopping 116 per cent jump in its net profit at Rs 1,458 crore, as against Rs 675 crore registered in the same quarter of 2023.
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Adani Ports registers 47 pc profit growth, 21 pc revenue in April-June qua
Updated : 1 year, 7 months ago IST
Adani Ports and Special Economic Zone on Thursday reported that its net profit or profit after tax jumped 47 per cent year-on-year during the April-June quarter to Rs 3,107 crore, its earnings results showed.
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