Adani cuts 50% electricity supply to Bangladesh: Here’s why
Amid the ongoing power shortage in Bangladesh, Adani Group has reduced cross-border electricity supply to India’s neighbour by half due...
Business
Banking sector update: Deposit growth surpasses credit growth for first time since April 2022
The Indian banking sector has witnessed a shift in business momentum. For the first time since April 8, 2022, deposit...
FMCG firms worry over high inflation, squeezing urban market; hint price hike
Leading FMCG companies reported a decline in margins in the September quarter on account of higher input costs and food...
SBI, Punjab and Sind Bank get money back for loans to Surya Pharma
The Enforcement Directorate (ED), acting on the central government’s directive, is taking significant action against those accused of bank fraud.The...
Piyush Goyal discusses India investment plans with Schneider Electric, General Atlantic in Riyadh
Commerce and Industry Minister Piyush Goyal on Wednesday, October 30, met with Peter Herweck, CEO of Schneider Electric, and William...
Bank holidays next week: Long weekend from Nov 7-10 with Chhath Puja, second Saturday & more… Check details here
Bank holidays next week: The Reserve Bank of India (RBI) has listed at least 12 holidays for November 2024, including...
Five factors driving credit card adoption in India
The number of credit cards is expected to double and reach 200 million in the coming years, according to a...
Lockton receives IRDAI approval to acquire Arihant Insurance Broking
Lockton, a privately held global insurance brokerage firm, has received regulatory approval from the Insurance Regulatory and Development Authority of...
Biocon Q2 falls short of estimates; net profit dives 84% but revenue up 4%
Biocon Ltd on Wednesday (October 30) reported an 84.2% year-on-year (YoY) decline in net profit at ₹27.1 crore for the...
L&T Q2 numbers beat the Street; net profit up 5% at ₹3,395 crore, revenue spikes 21%
Engineering and construction conglomerate Larsen & Toubro (L&T) on Wednesday (October 30) reported a 5.4% year-on-year (YoY) increase in net...