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Balancing India’s manufacturing expansion ambitions with its net zero commitments is emerging as a key structural challenge, Chief Economic Advisor (CEA) Anantha Nageswaran said, noting that the country must grow industrial capacity even as it works to lower its carbon footprint.Speaking to ANI on the sidelines of the launch of the Niti Aayog study report…
Public sector banks posted a record cumulative profit of Rs 52,603 crore in the third quarter of the current financial year, marking an 18 per cent year-on-year rise, led by strong performance from the country’s largest lender State Bank of India (SBI).All 12 public sector banks (PSBs) had posted a combined profit of Rs 44,473…
India is on track to continue as the fastest-growing economy among G-20 nations in the upcoming financial year. The country’s real GDP expected to expand by 6.4% in fiscal 2026-27, according to a recent report by Moody’s Ratings. The brokerage also predicted that over the next 12-18 months, banking sector will remain stable, thaks to…
Rosemary oil is highlighted for its potential to boost hair growth and combat thinning by improving scalp circulation and potentially reducing DHT. Tea tree oil, conversely, excels at resolving scalp issues like dandruff and itchiness, creating a healthier environment for hair to thrive. Used together, they offer a comprehensive approach to hair health. If you’ve…
In a remarkable turn of events, Sunny Deol’s ‘Border 2’ has shattered expectations by crossing the coveted Rs 300 crore milestone in India, amassing a staggering Rs 309.4 crore by its third Sunday. After a lukewarm opening, the film caught fire on Republic Day, captivating audiences across the nation. With a total worldwide collection of…
MUMBAI: State Bank of India has raised its credit growth target for the year after broad-based momentum lifted profitability in the Dec quarter, chairman CS Setty said at a briefing. “On the credit growth advice we had given 12 to 14% credit guidance earlier. We are revising that upwards to 13 to 15% based on…
Public sector banks (PSBs) are expected to cross the Rs 2 lakh crore combined profit mark in the current financial year, buoyed by strong balance sheets, steady credit expansion and improved asset quality, Financial Services Secretary M Nagaraju said.Speaking to PTI in an interview, Nagaraju said the Indian banking system remains resilient, supported by regulatory…
NEW DELHI: The announcement of an interim trade agreement between India and the US was met with warm applause from the BJP and its allies, with home minister Amit Shah saying it will give “another boost to India’s roaring growth engine”. The ruling alliance was dismissive of the opposition’s charge that the agreement harmed farmers,…
State Bank of India (SBI) reported a 24% year-on-year record (all-time high) standalone net profit of Rs 21,028 crore for the December quarter of FY26, reflecting steady growth in core income and recovery trends.On a consolidated basis, the state-owned lender posted a 13.06 per cent rise in profit to Rs 21,317 crore during the quarter,…
MUMBAI: RBI on Friday raised India’s GDP growth rate projections for the current fiscal to 7.4% from 7.3% earlier, while the central bank’s monetary policy committee (MPC) left the repo rate unchanged at 5.25%. The MPC also decided to continue with its neutral stance, a release from RBI said.RBI governor Sanjay Malhotra said that the…
