[ad_1] India is currently ranked third, a movement of seven places upwards of what it was in 2014. New Delhi: India is likely to get the 3rd largest economy tag in 2027 (2027-28) if it maintains the current rate of growth, and in the process, will surpass both Japan and Germany, said SBI Research in … Read more
[ad_1] CNBC’s Jim Cramer said Wednesday that “parsing the Fed’s move is a mug’s game.” After the Federal Reserve raised rates to their highest level in 22 years, Cramer said investors can use market volatility created by the central bank meeting to buy stocks in line with 10 themes from this quarter’s earnings season. “Why … Read more
[ad_1] Punjab National Bank (PNB) on Wednesday posted a four-fold surge in standalone net profit New Delhi: State-owned Punjab National Bank (PNB) on Wednesday posted a four-fold surge in standalone net profit at Rs 1,255 crore in the April-June quarter, mainly due to decline in bad loans and improvement in interest income. The country’s second … Read more
[ad_1] Axis Bank had posted a net profit of Rs 4,125 crore in the year-ago period. New Delhi: Private sector lender Axis Bank on Wednesday posted a 40.5 per cent increase in standalone net profit at Rs 5,797 crore in the April-June quarter, mainly due to decline in bad loans and improvement in interest income. … Read more
[ad_1] Watch Kevin Durant discuss when he went to NBA Commissioner Adam Silver’s office to discuss cannabis The NBA has made its peace with marijuana, unlike some other sports leagues, but along the way to the league easing up on the drug that is now legal in a growing number of U.S. states, Kevin Durant … Read more
[ad_1] A Pratt & Whitney PW1000G turbofan engine sits on the wing of an Airbus A320neo aircraft during a delivery ceremony outside the Airbus Group SE factory in Hamburg, Germany, on Friday, Feb. 12, 2016. Bloomberg | Krisztian Bocsi Shares of RTX tumbled 13% Tuesday after the aerospace giant said a manufacturing problem with some … Read more
[ad_1] CHENNAI: The board of Tata Motors has approved a scheme of arrangement for a capital reduction of ‘A’ Ordinary shares. The company will issue Ordinary shares as a consideration for the reduction. This capital reduction consideration translates to a 23% premium to the ‘A’ Ordinary Share price and will result in a 4.2% reduction … Read more
[ad_1] Rana Kapoor has been in jail since March 2020 New Delhi: Sebi on Tuesday sent a notice to Yes Bank’s former MD and CEO Rana Kapoor, asking him to pay Rs 2.22 crore in a case of mis-selling the private sector lender’s AT1 bonds and warned of arrest and attachment of assets as well … Read more
[ad_1] New Delhi: Number of entities, including individuals, who filed income tax returns increased by 6.18 per cent in 2022-23 to over 7.40 crore, of which about 5.16 crore declared zero tax liability, Finance Minister Nirmala Sitharaman said on Monday. “There has been a 6.18 per cent increase in the number of persons filing Income … Read more
[ad_1] During the year-ago period, the sales of luxury homes in Mumbai stood at Rs 7,660 crore. New Delhi: Sales of residential properties, priced above Rs 10 crore, in Mumbai’s primary and resale market rose 49 per cent in value terms to Rs 11,400 crore during the January-June period on strong demand, according to India … Read more