Kotak Mahindra Bank has reported a significant growth in its financial performance for the first quarter of FY25, with the Profit After Tax (PAT) reaching Rs 6,250 crore, an 81 per cent increase from Rs 3,452 crore in Q1FY24.
India's foreign exchange reserves have surged to a record high, reaching a new peak of USD 666.85 billion, according to data from the Reserve Bank of India (RBI).
The data also highlights that paddy crop has the highest sown area, reaching 166.06 lakh hectares this season, up from 155.65 lakh hectares last year. This increase shows the continued prominence of paddy in India's agricultural landscape.
Haryana chief minister Nayab Singh Saini met Prime Minister Narendra Modi on Friday in the national capital. During the interaction, the Prime Minister asked about the Centre's scheme for the poor, and whether the benefits were reaching to the people or not.
Responding to the alleged allegations of the woman, founder of Jindal Steel, Naveen Jindal, thanked her for reaching out and speaking up and said that strictest and necessary action will be taken.
According to a notification from the Finance Division, petrol prices surged by PKR 9.99 per litre, reaching PKR 275.6/ltr, while HSD saw a rise of PKR 6.18/ltr, settling at PKR 283.63/ltr for the upcoming fortnight.
India's exports in the first quarter of 2024-25 (April-June) crossed the USD 200 billion mark and the government is optimistic about reaching the full-year target of USD 800 billion.
The Silver Institute's forecast indicates that silver demand is expected to grow by approximately 2 per cent from 2023 to 2024, reaching around 1,219 tonnes.
According to a press release, the company's assets under management (AUM) surged by 59 per cent year-on-year, reaching Rs 69,018 crores. Revenue grew by 38 per cent to Rs 245 crores, while profit before tax (PBT) increased by 40 per cent to Rs 99
Jubilant after their semi-final victory, England head coach Gareth Southgate stated that they deserved to win against the Netherlands and reaching the Euro final for the second consecutive time ranks as one of his best achievements.
Lower yields in key regions and weaknesses in non-dollar currencies increased gold's allure to local investors, pushing global gold ETFs' total assets under management (AUM) 8.8 per cent higher year-to-date to USD 233 billion. Collective holdings also rebounded, reaching 3,105 tonnes.
The securitisation market in India witnessed robust growth with the volume reaching at around Rs 45,000 crore, in the first quarter (April-June) of 2024, highlights a report by Crisil.