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Indian weddings expected to generate ₹6 lakh crore in two months, CAIT says

As the wedding season begins in India, CAIT forecasts 48 lakh weddings in November and December, po…

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E-commerce sales expected to reach ₹1.2 lakh crore this festive season

The festive season is here and e-commerce giants Amazon, Flipkart and other companies have started …

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Credit offtake expanded by Rs. 20.4 lakh crore, deposits by Rs 23.9 lakh crore over the last 12 months

Credit offtake is a type of bank credit that assists businesses in getting financing for future pro…

ANI   


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Consumption loan portfolio expands 15% to Rs 90 lakh crore in FY24, notes CRIF report

The home loans portfolio saw growth slowing down to 7.9 % YoY in FY24, from the 23 % expansion seen…

PTI   


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Mcap of nine of top-10 most valued firms jump Rs 2 lakh crore, Bharti Airtel leads the surge

Nine of the top-10 most valued firms added Rs 2,01,552.69 crore in market valuation last week, with…

PTI   


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Budget 2024: ₹2 lakh crore allocated to employ 4.1 crore youth over next 5 years

Union Finance Minister Nirmala Sitharaman in her Budget speech proposed creation of employment of a…

ANI   


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52.81 crore Jan-Dhan accounts have deposited balance of over Rs. 2.3 lakh crore: Minister of State for Finance

About 35.15 crores or 66.6 per cent of PMJDY accounts have been opened in rural and semi-urban area…

ANI   


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Adani replaces Ambani to become wealthiest Indian with a net worth of Rs 11.6 lakh crores

Reliance Industries Chairman and Managing Director Ambani's overall networth increased by 25 per ce…

PTI   


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Mahindra Q1 net profit rises 20% at Rs 3,283 crore; revenue at Rs 37,218 crore

The company said it recorded the highest-ever Q1 volumes at around 2.12 lakh units, an increase of …

PTI   


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M-cap of 6 of top-10 most valued firms jumps Rs 1.97 lakh crore; ICICI Bank, HDFC Bank emerge as major winners

Hindustan Unilever's valuation gained Rs 10,725.88 crore to Rs 7,00,084.21 crore and that of ITC we…

PTI   


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Paytm declares Q2 results, earns Rs 930 crore as windfall gains by way of sale of ticketing business to Zomato

Notably, in the absence of this windfall gain, Paytm's finances would still be in red, with the com…

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3 mins read

Banks write off loans worth ₹9.90 lakh crore in last 5 financial years

"Banks evaluate/consider the impact of write-offs as part of their regular exercise to clea…

PTI   


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3 mins read

Gold loan market projected to double in 5 years to Rs 14.19 lakh crore, says PwC India's report

Lenders are also expected to implement cost optimisation initiatives that will help drive up the bo…

PTI   


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3 mins read

Budget 2024: Record allocation of Rs 1.48 lakh crore for education, employment and skilling!

Modi 3.0’S budget includes 5 schemes to provide opportunities to 4.1 crore youth with a central out…

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1 min read

Toyota to set up manufacturing plant in Maharashtra; likely to invest Rs 20,000 crore

Headquartered in Karnataka, TKM already has two manufacturing units located at Bidadi near Bengalur…

PTI   


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5 mins read

BPCL planning Rs 1.7 lakh crore spend to expand core business, new energy foray over next five years

The firm is now implementing the first phase of a multi-decade aspirational journey in the form of …

PTI   


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Seven of top 10 valued firms added Rs 1.40 lakh crore to market valuation this week; TCS, Infosys lead gainers

​The combined market valuation of seven of the top 10 valued firms jumped Rs 1,40,863.66 crore duri…

PTI   


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Telangana CM Revanth Reddy awards Rs 1 Crore to paralympian Deepthi Jeevanji for bronze medal victory

Telangana Chief Minister Revanth Reddy handed over a cheque for Rs. 1 crore to athlete Deepthi Jeev…

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3 mins read

Ambuja Cements Q1FY25 profit at Rs 789.63 crore; revenue at Rs 8,311.48 crore

The consolidated results of Ambuja Cements include the financial performance of its step-down firm …

PTI   


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Devyani International reports Q1 profit of ₹224 crore

Revenue from operations in the quarter was Rs 1,221.90 crore as against Rs 846.63 crore in the …

PTI