[ad_1] NEW DELHI: SBI Life Insurance on Tuesday reported a 45 per cent increase in net profit at Rs 381 crore for the June quarter. The private sector life insurer, promoted by country’s largest lender SBI, had posted a net profit of Rs 263 crore during the April-June period of 2022-23.The company’s gross written premium … Read more
[ad_1] NEW DELHI: Trouble continues to mount for Byju’s. A month after the firm’s investor Prosus confirmed the resignation of its representative Russell Dreisenstock from the board of the startup, the Netherlands-based technology investor on Tuesday said that the executive leadership at Byju’s regularly “disregarded” Dreisenstock’s advice and recommendations relating to strategic, operational, legal and … Read more
[ad_1] U.S. Treasury yields rise as investors weigh interest rate decisions ahead U.S. Treasury yields were higher on Tuesday as the Federal Reserve’s meeting is due to kick off and investors considered the outlook for interest rate decisions from central banks in major global economies that are expected this week. At 4:27 a.m. ET, the … Read more
[ad_1] NEW DELHI: SpiceJet is no longer under the “enhanced surveillance” of the Directorate General of Civil Aviation (DGCA). The regulator in Tuesday said the airline is being taken off that list after 51 spot checks of 23 aircraft, both Boeing 737 and Q400, did not reveal anything “significant” barring “routine nature” findings. The airline … Read more
[ad_1] MUMBAI: A US congressional panel has voiced concern on the ineffective action on quality lapses taken by its national drug regulator Food and Drug Administration (FDA) particularly in manufacturing facilities in India and China. Together, India and China supply approximately 32% of generic drugs, and nearly half of active pharmaceutical ingredients (APIs) to the … Read more
[ad_1] South Korea’s gross domestic product grows 0.9% in second quarter South Korea’s gross domestic product grew 0.9% year-on-year in the second quarter of 2023, according to advance estimates. This was unchanged from the 0.9% seen in the first quarter, and beat the 0.8% estimate by economists polled by Reuters. On a quarter to quarter … Read more
[ad_1] NEW DELHI: More than four crore income tax returns (ITRs) for the 2022-23 financial year have been filed so far and about 7 per cent of these are new or first-time filers, CBDT chairperson Nitin Gupta said on Monday. He said that more than half of these ITRs have been processed leading to 80 … Read more
[ad_1] The Dow Jones Industrial Average rose Monday, headed for its longest winning streak since February 2017, to kick off a busy week of key earnings reports and a major policy decision from the Federal Reserve. The 30-stock Dow gained 187 points, or 0.54%, on track for an 11th straight day of gains. The S&P … Read more
[ad_1] NEW DELHI: Tata Steel on Monday said T V Narendran has been appointed again as the company’s Chief Executive Officer & Managing Director for a period of five years effective September 19, 2023. His present tenure as CEO & MD will conclude on September 18, 2023, Tata Steel said in a regulatory filing.“T V … Read more
[ad_1] Retirement fund body EPFO on March 28, 2023, had marginally raised the interest rate on employees’ provident fund (EPF) deposits to 8.15 per cent for 2022-23 for its over six crore subscribers. [ad_2] Source link