[ad_1] RBL Bank reported a 46% year-on-year fall in net profit to Rs 200 crore for the June 2025 quarter, as lower core income and narrowing interest margins weighed on its bottom line. The private sector lender had posted a net profit of Rs 372 crore in the same quarter last year and Rs 69…
[ad_1] India’s stock market has slipped to the fourth position among Asia Pacific’s preferred investment destinations, according to the latest Bank of America (BofA) survey cited by The Economic Times. This marks a notable shift from its earlier leadership status, as the benchmark Nifty index remains stuck in a two-month consolidation phase with no clear…
[ad_1] The Reserve Bank of India may have room to cut policy rates amid weak urban consumption and uncertain global demand, according to a report by ICICI Bank.These trends, combined with easing inflation, could prompt the Monetary Policy Committee (MPC) to consider lowering the benchmark interest rate by 25 basis points as early as August….
[ad_1] Karnataka commercial taxes department on Thursday clarified that small vendors in Bengaluru must continue paying Goods and Services Tax (GST) at applicable rates, whether payments are made through digital methods or in cash.It said that irrespective of whether payments are received through Unified Payments Interface (UPI), cash, Point-of-Sale (PoS) machines, or bank transfers, GST…
[ad_1] India and the United States have concluded the fifth round of negotiations for the proposed Bilateral Trade Agreement (BTA) in Washington. The talks, which took place over four days from July 14 to 17, were led by India’s chief negotiator and special secretary in the department of commerce, Rajesh Agrawal.“The Indian team is coming…
[ad_1] Russia oil sanctions: Both Nayara and RIL now confront possible exclusion from EU markets, according to industry experts and analysts. (AI image) Russia oil sanctions impact: Both Nayara Energy and Reliance Industries Limited (RIL) are likely to face challenges from the fresh sanctions imposed by the European Union on Russia oil.The EU introduced its…
[ad_1] The global cryptocurrency market capitalisation touched a record $4 trillion on Friday, positioning the sector as a major investment option from a fringe class, as per the Coingecko data, cited by Reuters.This fresh milestone comes amid renewed investor optimism, increased institutional inflows, and clearer regulatory signals from major economies. Notably, the US House of…
[ad_1] MUMBAI: The US-based Viceroy Research’s report on Vedanta Group contains serious allegations, causing harm to the conglomerate’s business and reputation, former Chief Justice of India D Y Chandrachud has said in his legal opinion. “The elements required to establish defamation — both civil and criminal — are satisfied in this case, given that Viceroy…
[ad_1] MUMBAI: The Wealth Company, backed by Pantomath Group, on Friday said it has received Sebi approval to launch its mutual fund business. This made the Wealth Company the first fund house in India to be founded by a woman to receive Sebi nod to start an MF business.The company is led by Madhu Lunawat,…
[ad_1] BENGALURU: After a 34-year tenure that shaped the company and India’s organised retail sector, Shoppers Stop chairman B S Nagesh announced his retirement at the company’s latest annual general meeting. The board has named Nirvik Singh as the new chairman. Singh described Nagesh’s leadership as “an extraordinary tenure that has shaped the very character,…