Net interest income grew by 10 per cent Y-o-Y to Rs 7,196 crore, while fees and services for Q3FY25 also grew 10 per cent to 2,362 crore

Kotak Mahindra Bank

RG Kar rape-murder: Nationwide protests had erupted after a trainee docto was found dead in the hospital's seminar room on August 9

Doctors and students protest at RG Kar Medical College and Hospital in Kolkata on Wednesday 	(Photo: PTI)

The Net Interest Income (NII) grew nearly 3 per cent Y-o-Y to Rs 1585 crore due to lower (Joint Liability Group) JLG funding and increased slippages causing interest reversals

RBL Bank

India became fourth nation after Russia, China and the United States to successfully achieve 'Space Docking' which is needed for spacecraft rendezvous, docking and undocking

SpaDeX, PSLV C60, ISRO

PVR Inox, Lodha, Glaxo, MRF and Astral are trading in oversold zone. Technical charts show these stocks can gain up to 33% from present level, or fall by another 19%; here's why.

Markets, stocks, buy, sell, trading, shares, stock market

The Supreme Court has strongly criticised the Enforcement Directorate for submitting that rigorous bail conditions in money laundering cases will apply to women despite a statutory exception explicitly provided under the law.
A bench comprising Justices Abhay S Oka and Augustine George Masih, while hearing the bail plea of Shashi Bala, a government school teacher accused in a money laundering scam involving the Shine City Group of Companies, called the ED's submissions "contrary to statute" and emphasised that such arguments would not be tolerated.
"We will not tolerate conduct... to make submissions contrary to statute," the bench said and granted bail to Bala in the case, saying she had been in custody since November 2023 and there was little likelihood of her trial concluding anytime soon.
"If people who appear for the Union of India do not know basic provisions of law, why should they appear in the matter," the bench said on Wednesday.
The ED argued that the stringent bail ...

Supreme Court, SC

Dinesh Kumar Saraogi offers expert advisory services to optimize steel projects, enhancing profitability, efficiency, and sustainability using 43 years' experience.

Dinesh Kumar Saraogi

Prime Minister Narendra Modi's "Make in India" campaign has also got lost somewhere in the labyrinths of this bureaucratic maze

chart

l The CMIE data also points to a worrying 57.1 per cent year-on-year decline in the value of government projects completed and a 40 per cent decline in that of the private sector

Budget

The government could reduce customs duty on inputs used in manufacturing medical equipment, electronic goods and footwear industries in the forthcoming Budget to boost local manufacturing, according to tax experts.
Deloitte India Partner, Indirect Tax, Harpreet Singh said key demands from the Customs side from the 2025-26 Budget, to be tabled in Parliament on February 1, would be rate rationalisation, simplification of the regime, and litigation and dispute management.
"In the lines of the phased manufacturing plan, we expect some duty cuts in raw materials in electronics, home appliances, healthcare products, and pharmaceuticals. These are the industries where the government wants to give impetus in terms of manufacturing, and hence, we will see the raw materials declining in these sectors," Singh told PTI.
On the proposed Customs duty rationalisation announced in the Budget in July 2024, Singh said the sectors which could see rationalisation are healthcare, manufacturing of medica

Sitharaman, Nirmala Sitharaman, Budget, Union Budget

The outgoing US ambassador to the United Nations says she watched America's leadership diminish in the world during Donald Trump's first presidency and China fill the vacuum. Linda Thomas-Greenfield is warning that if it happens again during Trump's second term, adversaries will move in anew.
In a wide-ranging interview with The Associated Press, Thomas-Greenfield said during Joe Biden's presidency, the United States again engaged with the world, rebuilt alliances and reestablished America's leadership.
That is the gift that we hand over to the next administration, she said, and I hope that they will accept that gift in the spirit in which it is being given to them.
Advice to Trump's choice for UN ambassador
In a brief meeting with Trump's nominee, Rep. Elise Stefanik of New York, Thomas-Greenfield told her that the UN is important, and that it is important that we not cede any space to our adversaries.
Those rivals will change the rules of the road," she warned. "And so, US ...

Joe Biden, Biden

Assam Chief Minister Himanta Biswa Sarma embarked on a trip to South Korea and Japan on Sunday to invite prospective investors and entrepreneurs for the Advantage Assam Summit 2.0, a business conclave to be hosted by the state government here next month.
He will attend roadshows presenting the summit during the visits, with such events being held in a total of eight countries.
"Namaste South Korea. Look forward to having engaging discussions with industry leaders and agencies during my 3-day visit starting today to showcase Assam's potential ahead of the #AdvantageAssam2 Summit and to take forward the warm Indo-Korea ties," Sarma posted on X as he flew to Seoul.
In another post, the CM said the visit to the two Asian countries will be over a period of five days.
"I am shortly leaving for Seoul and Tokyo on a 5 day visit to present our vision of #AdvantageAssam2 to prospective investors, entrepreneurs and business leaders," he said in the post just after midnight on Sunday.
"During

Himanta Biswa Sarma, Himanta Biswa, Himanta

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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Budget: Govt could cut customs duty on raw materials to boost manufacturing

Biden's UN envoy says rivals will fill vacuum if Trump abandons leadership

Himanta on visit to Seoul to invite investors for Advantage Assam Summit

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Kotak Mahindra Bank Q3 results: Consolidated net up 10% at Rs 4,701 crore

RG Kar rape-murder: Sealdah Court finds accused Sanjay Roy guilty

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