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MUMBAI: Canara Bank reported a 26% rise in net profit to Rs 5,155 crore for the quarter ended Dec 31, 2025, aided by higher operating profit, strong growth in non-interest income and a sharp improvement in asset quality.Operating profit rose 16.4% year on year to Rs 9,119 crore, while total income increased 10.4% to Rs…
The intent around the proposed Pesticides Management Bill, 2025 marks a significant move as it aims to align India’s regulatory framework with contemporary realities. (AI image) By Susheel KumarIndian agriculture stands at an important inflection point. On the one hand, the country speaks with confidence of becoming a global food powerhouse, a trusted supplier to…
The rupee settled at its all-time closing low of 91.99 against the US dollar on Wednesday, weighed down by persistent foreign fund selling and risk-off sentiment in global markets, even as softer crude prices and a weaker dollar offered limited relief, PTI reported. At the interbank foreign exchange, the domestic unit opened at 91.95 and…
US stocks were largely directionless on Thursday, trading close to record highs as investors sifted through mixed earnings from some of Wall Street’s most influential companies, while gold surged further in an extraordinary safe-haven rally.The S&P 500 edged up by less than 0.1% and hovered near its all-time high set earlier this week. The Dow…
HYDERABAD: Indian carrier Air India has signed an order for 30 additional Boeing single-aisle aircraft, including 20 737-8 and 10 737-10 jets, as it focuses on accelerating its fleet renewal and regional growth. The 737 aircraft are powered by CFM LEAP-1B engines.The order, announced at Wings India 2026 on Thursday, adds to the 220 Boeing…
The US government is set to roll out “Trump Accounts”, a new tax-advantaged investment programme aimed at boosting long-term savings for children, with more than 500,000 families already signed up ahead of its launch this summer, according to a Reuters report.Under the scheme, the US Treasury will deposit $1,000 as seed money into investment accounts…
India’s strongest macroeconomic performance in decades has collided with a global system that no longer rewards macroeconomic success. (AI image) Economic Survey 2025-26: India stands tall in the global economic order – as the world’s fastest growing major economy that is exhibiting resilience in the face of global economic turmoil and Donald Trump’s tariff threat….
The government has notified coking coal as a critical and strategic mineral, a step aimed at reducing India’s heavy dependence on imports and strengthening the domestic steel supply chain, according to an official statement.The move is expected to facilitate faster approvals, improve ease of doing business and accelerate exploration and mining activities, including the development…
As more Indians participate in a widening range of investments, from financial instruments to property, the question of how gains are taxed is becoming increasingly relevant to middle-class taxpayers too. Whether it is selling shares after a market rally, redeeming mutual fund units, or transferring a house or plot of land, long-term capital gains or…
Visa Splits Middle East Operations as Saudi HQ Rule Reshapes Regional Business Strategy Global payments giant Visa is reorganising its Middle East operations, a move that reflects how Saudi Arabia’s “regional headquarters” policy is rewriting the corporate map of the Gulf. The US-based company’s latest structural shift comes amid intensifying competition among Gulf states for…
