Category: Economy

Indian airlines poised to capture 50% of country’s global passenger traffic: CRISL

New Delhi, May 6 (SocialNews.XYZ) The airlines in India are poised to capture 50 per cent share of the country’s…

7 months ago

Indian Bank posts 55% jump in Q4 net profit, declares dividend of Rs 12 per share

Mumbai, May 6 (SocialNews.XYZ) The Indian Bank on Monday reported a 55 per cent rise in net profit to Rs…

7 months ago

ICICI Bank now lets NRIs use international numbers for UPI payments in India

New Delhi, May 6 (SocialNews.XYZ) ICICI Bank on Monday announced that it has enabled NRI (Non-Resident Indian) customers to use…

7 months ago

Equities give up gains amid rising volatility, FII selling

Mumbai, May 6 (SocialNews.XYZ) Domestic equities gave up their gains amid rising volatility and continuous selling by FIIs on Monday.…

7 months ago

Apple’s iPhone 15 Pro Max best-selling smartphone in Q1 this year: Report

New Delhi, May 6 (SocialNews.XYZ) Apple’s iPhone 15 Pro Max was the best-selling smartphone of the first quarter (Q1) of…

7 months ago

Govt’s electronics component manufacturing PLI to end dependency on foreign suppliers, create jobs

New Delhi, May 6 (SocialNews.XYZ) As the government begins the exercise to create benchmarks for electronics component manufacturing, industry stakeholders…

7 months ago

Marico posts 5.3 pc rise in q4 net profit, declares dividend of Rs 6.50 per share

Mumbai, May 6 (SocialNews.XYZ) Fast moving consumer goods major Marico on Monday reported a 5.3 per cent in consolidated net…

7 months ago

Investment firm KKR to acquire Indian medical devices company Healthium

New Delhi, May 6 (SocialNews.XYZ) Leading global investment firm KKR on Monday announced the signing of definitive agreements under which…

7 months ago

India, Ghana agree to operationalise UPI link within 6 months

New Delhi, May 6 (SocialNews.XYZ) India and Ghana have agreed to operationalise Unified Payment Interface (UPI) with Ghana Interbank Payment…

7 months ago

Siguler Guff invest Rs 240 crore in Hyderabad-based microfinance lender Spandana Sphoorty

Mumbai, May 6 (SocialNews.XYZ) Private markets investment firm Siguler Guff and Company on Monday announced it has invested Rs 240…

7 months ago

Indian economy and equity markets outperformed China over past 3 years

New Delhi, May 6 (SocialNews.XYZ) China’s equity markets have lagged Indian equity by a long stretch, as per a report…

7 months ago

India’s services sector clocks robust growth in April, lifts business confidence to 3-month high

New Delhi, May 6 (SocialNews.XYZ) India's services sector continued to register robust growth in April on the back of strong…

7 months ago

Why billionaire investor Warren Buffett needs to relook at India under PM Modi

New Delhi, May 6 (SocialNews.XYZ) Unaware of the possibilities India now provides for global investors and global conglomerates, Warren Buffett,…

7 months ago

Paytm announces leadership change to double down on payments & financial services offerings

New Delhi, May 4 (SocialNews.XYZ) The One97 Communications Limited (OCL), which owns Paytm, on Saturday announced to expand its leadership…

7 months ago

IDBI Bank registers 44 per cent jump in net profit for Jan-March quarter

Mumbai, May 4 (SocialNews.XYZ) The IDBI Bank on Saturday reported a 44 per cent jump in standalone net profit to…

7 months ago

DMart posts 22 per cent jump in Q4 net profit at Rs 563 crore

Mumbai, May 4 (SocialNews.XYZ) Avenue Supermarts, operator of the DMart retail chain, on Saturday, announced a consolidated net profit at…

7 months ago

Kotak Bank’s Q4 net profit rises 18 pc to Rs 4,133 crore

Mumbai, May 4 (SocialNews.XYZ) Mid-sized private sector lender Kotak Mahindra Bank on Saturday reported an 18 per cent increase in…

7 months ago

Govt lifts ban on onion exports with price rider

New Delhi, May 4 (SocialNews.XYZ) The Government on Saturday lifted the ban on onion exports after about half a year,…

7 months ago

Adani Ports & SEZ eyes significant expansion into the Philippines

New Delhi, May 4 (SocialNews.XYZ) Adani Ports and Special Economic Zone (APSEZ) is planning to invest significantly in the Philippines,…

7 months ago

Indian tech companies begin to create global impact: SAP’s Manish Prasad

New Delhi, May 4 (SocialNews.XYZ) The last decade has transformed the IT and technology landscape in India and some of…

7 months ago



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