Category: Economy

Widening of conflict in Middle East could impact India macros

New Delhi, April 25 (SocialNews.XYZ) A sustained flare-up in geopolitical tensions in the Middle East, and the consequent increase in…

7 months ago

Adani Group’s ACC Limited logs highest-ever annualised PAT at Rs 2,337 crore in FY24

Ahmedabad, April 25 (SocialNews.XYZ) ACC Limited, a subsidiary of Ambuja Cements, on Thursday announced lifetime high annualised profit after tax…

7 months ago

Nestle India’s net profit up 27 pc in Q4; to form a JV with Dr Reddy’s Laboratories

New Delhi, April 25 (SocialNews.XYZ) The board of directors of Nestle India has approved the execution of a definitive agreement…

7 months ago

Kotak Bank goes into damage-control mode after RBI ban

Mumbai, April 25 (SocialNews.XYZ) The top management of Kotak Mahindra Bank has gone into damage-control mode after RBI barred the…

7 months ago

FIIs sold equity worth Rs 25,853 crore in last seven days

New Delhi, April 25 (SocialNews.XYZ) While foreign institutional investors (FIIs) sold heavily in the past few days, the selling has…

7 months ago

RBI crackdown triggers crash in Kotak Bank shares

Mumbai, April 25 (SocialNews.XYZ) Shares of Kotak Mahindra Bank crashed by as much as 12 per cent in morning trade…

7 months ago

Kotak Bank promoter donated electoral bonds worth Rs 60 cr, but RBI cracks down on lender to protect customers

New Delhi, April 24 (SocialNews.XYZ) Infina Finance, one of the promoter group entities of Kotak Mahindra Bank which was barred…

7 months ago

KABIL inks pact with CSIR-NGRI to bolster critical mineral projects

Bhubaneswar, April 24 (SocialNews.XYZ) Khanij Bidesh India Limited (KABIL) signed a Memorandum of Understanding (MoU) with the Council of Scientific…

7 months ago

Axis Bank clocks net profit of Rs 7,130 crore for Jan-March quarter

Mumbai, April 24 (SocialNews.XYZ) Axis Bank on Wednesday reported a net profit of Rs 7,130 crore for the January-March quarter…

7 months ago

RBI issues red alert on illegal entities in forex market

Mumbai, April 24 (SocialNews.XYZ) The Reserve Bank of India (RBI) on Wednesday issued an alert against unauthorised entities offering foreign…

7 months ago

REC okays Rs 1,869 crore loan for Kiru hydro project in J&K

Gurugram, April 24 (SocialNews.XYZ) REC Limited, a Maharatna public sector company and a leading NBFC, has signed an agreement with…

7 months ago

HUL posts 6 pc fall in Q4 net profit at Rs 2,406 crore, declares dividend of Rs 24 per share

Mumbai, April 24 (SocialNews.XYZ) Fast-moving consumer goods (FMCG) giant Hindustan Unilever Ltd (HUL) on Wednesday reported a 6 per cent…

7 months ago

RBI bars Kotak Mahindra Bank from onboarding new customers online, issuing fresh credit cards

Mumbai, April 24 (SocialNews.XYZ) The Reserve Bank of India (RBI) on Wednesday directed Kotak Mahindra Bank Limited to stop onboarding…

7 months ago

Nifty gains for fourth straight day, Sensex ends higher

Mumbai, April 24 (SocialNews.XYZ) The Nifty remained firm for the fourth day and closed with gains of 34 points at…

7 months ago

Sweden jobless rate rises to 9.2 pc, highest in nine months

Stockholm, April 24 (IANS/DPA) The Swedish unemployment rate increased in March to the highest level in nine months, figures from…

7 months ago

Metal, PSU stocks lead market gains

Mumbai, April 24 (SocialNews.XYZ) Metal stocks are the top sectoral gainers in trade while PSU stocks also posted strong gains…

7 months ago

Delhi-NCR closed 29 mega land deals for 314 acres in FY24: Report

New Delhi, April 24 (SocialNews.XYZ) Delhi-NCR saw 29 land deals for approximately 314 acres in FY24, in comparison to 23…

7 months ago

Multiple catalysts for re-rating across verticals as RIL exits fourth investment cycle: Morgan Stanley

New Delhi, April 23 (SocialNews.XYZ) Global brokerage Morgan Stanley has pointed to multiple catalysts for re-rating across verticals as Reliance…

7 months ago

RBI lists 6 factors powering India’s take-off to become world’s 3rd largest economy

Mumbai, April 23 (SocialNews.XYZ) While India’s recent growth performance has surprised many, triggering a flurry of upgrades from financial institutions…

7 months ago

‘Pakistan’s economy on right track for robust growth,’ claims Minister Muhammad Aurangzeb

Islamabad, April 23 (SocialNews.XYZ) Pakistan's Federal Minister for Finance and Revenue, Muhammad Aurangzeb, on Tuesday, said that the country's economy…

7 months ago



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