[ad_1] National Securities Depository Ltd (NSDL), which is preparing for its initial public offering (IPO), reported a 4.77 per cent increase in consolidated net profit to Rs 83.3 crore for the quarter ended March 2025.The depository had posted a net profit of Rs 79.5 crore in the same period a year ago.Total income during the…
[ad_1] Indian equities, over the upcoming week, are expected to be driven by a combination of domestic macroeconomic data, global cues, and foreign investor activity, analysts said.Equity benchmarks ended the previous week on a muted note, weighed down by ongoing global uncertainties. The BSE Sensex fell 609.51 points or 0.74%, while the NSE Nifty declined…
[ad_1] The overall market value of six out of India’s ten most valued companies fell by a staggering Rs 78,166.08 crore last week, as weak sentiment continued to weigh down equity markets.Reliance Industries saw the sharpest erosion in value, reflecting the downturn in benchmark indices.The BSE Sensex dropped by 609.51 points or 0.74%, while the…
[ad_1] Tripura government has been working to develop an infrastructure to support AI and 5G network in the state. CM Manik Saha said that AI reduces operational complexity by using smart algorithms to perform a variety of tasks, leading to faster performance, greater efficiency, and lower costs.Simultaneously, 5G technology transfers information quickly. He also said…
[ad_1] JK Cement Ltd on Saturday announced a robust 64.5% increase in its consolidated net profit, reaching Rs 361.33 crore for the March quarter of FY25. In comparison, the company had reported a net profit of Rs 219.68 crore in the same quarter of the previous year, according to a regulatory filing.Revenue from operations for…
[ad_1] HAL, anticipating orders worth Rs 2.5 trillion by 2026-27, is increasing production of LCA and Light Combat Helicopters. (File photo of Tejas) HAL defence aircraft to be made in Andhra Pradesh? N Chandrababu Naidu, the Chief Minister of Andhra Pradesh and a significant NDA ally, has proposed relocating the production facilities of Hindustan Aeronautics…
[ad_1] Asian currencies are expected to appreciate against the US dollar in the long term, driven by higher gross national savings in emerging Asian economies compared to developed G7 nations, according to a recent report by Jefferies.The report pointed out that the gross national savings in emerging Asian countries are significantly higher, providing these economies…
[ad_1] India has officially surpassed Japan to become the fourth largest economy in the world, according to NITI Aayog CEO B V R Subrahmanyam. Speaking at a press briefing following the 10th Governing Council meeting of NITI Aayog on Saturday, Subrahmanyam highlighted the favourable geopolitical and economic conditions for India.“We are the fourth largest economy…
[ad_1] The Chinese government’s subsidies aimed at boosting domestic consumption have led to a surge in the sales of digital products like smartphones, tablets, and smartwatches, generating about $20 billion in just four months, according to the Ministry of Commerce.As of Thursday, over 48 million consumers participated in the government’s digital product subsidy scheme, purchasing…
[ad_1] Maharashtra has set an ambitious target of becoming a $5-trillion economy by 2047, with Chief Minister Devendra Fadnavis highlighting the state’s comprehensive strategy to achieve this goal. Addressing the NITI Aayog Governing Council meeting, Fadnavis said the state government is committed to implementing its vision for both development and the preservation of heritage, aligned…