Indian Railways’ first 9,000 HP electric locomotive engine inaugurated by PM Modi; unveils Dahod’s loco workshop – Top facts

[ad_1] The locomotive engine is capable of transporting 4,600 tonnes of freight. Indian Railways’ first 9,000 HP electric locomotive engine was unveiled by PM Narendra Modi in Dahod on Monday. PM Modi inaugurated the locomotive manufacturing shop at Dahod’s rolling stock workshop.PM Modi is on a two-day tour of Gujarat on May 26 and 27,…

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Gold price prediction: What’s the gold rate outlook for May 26, 2025 week – should you buy or sell?

[ad_1] Gold price prediction: The focus for the week will be on Governor Powell and other Fed members’ speeches. (AI image) Gold price prediction today: Gold rates have been fluctuating on the back of rapidly changing geopolitical situations, Donald Trump’s tariff moves and the ongoing Russia-Ukraine conflict.Gold is a safe haven investment in times of…

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Government eyes smoother investment path; large & growing market makes India attractive bet for FDI, says Industry secy

[ad_1] NEW DELHI: From combing regulations at the Centre and in the states to make it easier for companies to invest, tailoring packages, and making investment pitches to global corporations, govt is seeking to ensure that foreign direct investment (FDI) flows into the country remain strong.India saw FDI inflows increase by 13.6% to $81 billion,…

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Microfinance stress takes toll on FY25 profits

[ad_1] CHENNAI: Stress in the sector has left microfinance institutions bleeding. Listed MFIs have either reported a loss or a substantial decrease in their profits in the March quarter. This comes on the back of multiple factors including deterioration in asset quality, rising credit costs, borrower overleveraging and rising borrower overlaps that impacted the performance…

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Reliance General Insurance net profit rises 12.5% to Rs 315 crore in FY25; eyes growth under new promoter IIHL

[ad_1] Reliance General Insurance, a subsidiary of Reliance Capital recently acquired by IndusInd International Holdings Ltd (IIHL), posted a 12.5% increase in net profit to Rs 315 crore for the financial year ended March 2025, as the company recovers from nearly three years under insolvency proceedings.The company’s Gross Direct Premium (GDP) rose 7.4% year-on-year to…

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Geopolitical headwinds lead to 15% dip in semiconductor design GCC job openings in FY25: Report

[ad_1] India’s semiconductor design Global Capability Centers (GCCs) experienced a nearly 15% year-on-year decline in job openings during the financial year 2024-25, largely due to ongoing geopolitical uncertainties and global supply chain disruptions, according to a report by talent solutions provider Careernet.The report highlights that open positions in the sector peaked in May 2024 at…

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Four IPOs, including Schloss Bangalore and Aegis Vopak, hitting D-Street next week to raise Rs 6,600 crore

[ad_1] The primary market is set to witness heightened activity next week as four main-board initial public offerings (IPOs), including those from Schloss Bangalore Ltd and Aegis Vopak Terminals, are scheduled to hit Dalal Street, collectively aiming to raise over Rs 6,600 crore.Alongside Schloss Bangalore and Aegis Vopak Terminals, IPOs of Prostar Info Systems and…

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