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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…
The combined market valuation of eight of the country’s top 10 most valued firms surged by Rs 4.55 lakh crore last week, tracking a strong rally in equities, with Reliance Industries emerging as the biggest gainer.The BSE benchmark surged 2,857.46 points, or 3.53 per cent, during the week, according to PTI.From the top-10 pack, Reliance…
NHAI (Representative image) NEW DELHI: Over half a crore highway car users have bought FASTag Annual Pass in past six months since this scheme was launched and there have been 26.5 crore toll payments using the pass @ Rs 15 each at plazas. Data show that there has been a 50% increase in trips of…
Gold and silver prices continued to face heavy pressure on the MCX on Friday, with both metals opening sharply lower as weak global cues and a stronger US dollar dampened sentiment. The decline marked the second straight session of losses, undoing most of the gains made during a short-lived rebound earlier in the week amid…
Stranded passengers search for their luggage near a counter after IndiGo cancelled more than 400 flights, at the Kempegowda International Airport, in Bengaluru, Karnataka. (File photo/ PTI) CHENNAI: When IndiGo’s flight operations went topsy-turvy in December last year, there were videos and photos of hapless and tired passengers confronting ground staff. The Directorate General of…
JAMMU: As many as 206,460 dog bite cases were reported in Jammu and Kashmir in the past two years, with Jammu division accounting for 126,844 cases and Kashmir valley 79,616 cases, informed state health and medical education minister Sakina Itoo in the assembly on Thursday.In a written reply during the question hour, Itoo said, in…
India’s telecom operators together owed more than Rs 1.77 lakh crore in adjusted gross revenue (AGR) dues to the government up to FY25, with Vodafone Idea accounting for the largest share, according to official data shared with Parliament, PTI reported.The data showed that debt-laden Vodafone Idea’s total liability stands at Rs 89,952 crore. Bharti Group’s…
Europe trip never goes out of fashion, and will forever remain a dream trip for many. But doing the math can be a bit of a task, and many might not be aware of what things to consider and what to ignore. So, recently one of my friends visited Europe, and I was keen to…
Prabhas’s ‘The Raja Saab’ is nearing the end of its theatrical run, with box office collections plummeting to just Rs 1 lakh on day 26. Despite a massive budget and high expectations, the film’s worldwide gross stands at Rs 208.36 crore. Audiences and critics are pointing to a lack of vision and poor direction as…
This image is just for representation purpose only (AI-generated) Stock investors became richer by Rs 12.10 lakh crore on Tuesday as benchmark equity indices staged a sharp rally, buoyed by optimism over the India–US trade deal that lowered tariff uncertainty and improved sentiment across global and domestic markets.The 30-share BSE Sensex closed at 83,739.13, up…
