Private banks report mixed results as new CEOs clean up

[ad_1] Mumbai: India’s private banks showed contrasting trends in asset quality in Q2 FY26, with larger lenders maintaining stability while smaller players, particularly those under new leadership, reported setbacks in earnings. IndusInd Bank and Federal Bank, both navigating transitions under new MDs, did not post year-on-year growth in net profits as the chiefs accelerated clean-ups…

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Extradition case: Nirav Modi signals ‘sensational developments’ ahead of hearing; expresses hope for bail or discharge

[ad_1] Fugitive diamond merchant Nirav Modi Fugitive diamantaire Nirav Modi, imprisoned in the UK for over six years, told a London court that there are “sensational developments” expected when his extradition case to India reopens next month.The 54-year-old appeared before High Court Judge Simon Tinkler at the Royal Courts of Justice on Friday to present…

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Vande Bharat Sleeper Train Unveiled! Stunning First AC Coach Passengers Can Look Forward To

[ad_1] Vande Bharat sleeper trains aim to offer Indian Railways passengers world-class passenger comforts and faster travel experience. The First AC coach will boast of cushioned berths and a plethora of passenger amenities such as bottle holders, ample luggage space, snack tables. (Design concept of First AC coach – source: Kinet Railway Solutions) [ad_2] Source…

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Gold rally to continue? HSBC forecasts $5,000/oz in early 2026 amid sustained safe-haven demand; 2025 average raised to $3,455

[ad_1] HSBC on Friday projected that gold prices could surge to $5,000 an ounce in the first half of 2026, driven by geopolitical risks, economic uncertainty, and a wave of new market participants. As per news agency Reuters, the bank also raised its average gold price forecast for 2025 to $3,455 per ounce from $3,355,…

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GST rate cuts: 30 daily-use items see bigger-than-expected price drops; government monitoring prices

[ad_1] Post the Goods and Services Tax (GST) rate cuts effective September 22, prices of 30 out of 54 daily-use items monitored by the government have seen more-than-expected reductions, while others are yet to fully reflect the intended benefits. The government is working with industry players to ensure further retail price drops where needed.As per…

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Dhanteras turns record-breaking! Cars, electronics and jewellery see unprecedented demand; GST cuts, festive spirit fuel purchases

[ad_1] Dhanteras 2025 is turning into a record-breaking festival for Indian retailers, with strong demand across automobiles, electronics, and jewellery.Maruti Suzuki India expects to cross the 50,000-unit mark over the two-day festival, marking its highest-ever Dhanteras sales, said senior executive officer, marketing & sales, Partho Banerjee. “We are expecting around 41,000 deliveries today, with another…

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