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Mumbai/Pune : Bajaj Finance Ltd., India's largest private sector non-bank lender and part of Bajaj Finserv, today said it had seen a surge in consumption finance during the festive season, disbursing a record number of consumer loans, higher by 27% in volume and 29% in value as compared to the same period last year. The rise in consumption credit, represented by loans for consumer goods, reflects the positive outcome of the government's next generation GST reforms and changes in personal income ...Read More >
Ahmedabad (Gujarat) [India], November 3 (ANI): Ambuja Cements, part of the diversified Adani Portfolio, on Monday reported that its consolidated Profit After Tax or net profits during the July-September 2025-26 quarter jumped 364 per cent year-on-year to Rs 2,302 crore. In the year ago quarter, it was Rs 496 crore. The Adani Adani company's consolidated revenue from operations during the quarter rose over 21 per cent Rs 9,174 crore, versus Rs 7,552 crore, its highest ever in Q2 series. Also Re ...Read More >
Ahmedabad (Gujarat) [India], November 3 (ANI): Ambuja Cements, part of the diversified Adani Portfolio, on Monday reported that its consolidated Profit After Tax or net profits during the July-September 2025-26 quarter jumped 364 per cent year-on-year to Rs 2,302 crore. In the year ago quarter, it was Rs 496 crore. The Adani Adani company's consolidated revenue from operations during the quarter rose over 21 per cent Rs 9,174 crore, versus Rs 7,552 crore, its highest ever in Q2 series. The com ...Read More >
Mumbai (Maharashtra) [India], October 30 (ANI): Reliance Industries Limited (RIL), through Reliance Intelligence Limited, and Google today announced an expansive strategic partnership to accelerate the adoption of Artificial Intelligence (AI) across India , "empowering consumers, enterprises, and developers in line with Reliance's AI for All vision". This collaboration brings together Reliance's "unmatched scale, connectivity, and ecosystem reach with Google's world-class AI technology", a rele ...Read More >
Thiruvananthapuram Oct 30 (SocialNews.XYZ) The Kerala Government Medical College Teachers' Association (KGMCTA) has accused the state government of turning a blind eye to the long-pending demands of medical college doctors, even as the Cabinet announced a slew of welfare measures in its latest meeting. The association on Thursday said the continued neglect of medical college doctors -- who shoulder both patient care and teaching responsibilities -- was "deeply unjust" and warned of launching an ...Read More >
New Delhi: During the flagship India Maritime Week 2025 (1MW 2025) held in Mumbai, Mazagon Dock Shipbuilders Limited (MDL), India's premier defence shipyard and a Navratna company under the Ministry of Defence, has signed an exclusive Teaming Agreement (TA) with Swan Defence and Heavy Industries Limited (SDHI), India's largest shipbuilding and heavy fabrication company, for collaboration in the design and construction of Landing Platform Docks (LPD5) for the Indian Navy. The Defence Acquisition ...Read More >
New Delhi [India], October 28 (ANI): Defence Minister Rajnath Singh on Tuesday hailed the signing of a Memorandum of Understanding (MoU) between Hindustan Aeronautics Limited (HAL) and Russia's Public Joint Stock Company United Aircraft Corporation (PJSC-UAC) for producing the SJ-100 civil commuter aircraft in India, calling it a major milestone for the country's aviation industry. In a post on X, Singh said the agreement would boost India's domestic civil aviation manufacturing capabilities an ...Read More >
New Delhi, Oct 28 (PTI) Fintech firm BankBazaar.com on Tuesday said its total income has crossed the Rs 250 crore mark and turned positive at the operating level in 2024-25. The firm's topline was Rs 188 crore in the previous fiscal. The company closed FY25 on a strong note with audited operating revenue of Rs 254 crore and Adjusted EBITDA Profit of Rs 4 crore, BankBazaar.com said in a statement. The co-branded credit card business continues to be a key growth driver, generating recurring rev ...Read More >
Defence Minister Rajnath Singh urged India to prepare for war-like situations, emphasizing indigenous military foundations. He highlighted the need for self-reliance in defence production, citing recent cross-border hostilities as a reminder of potential threats. Singh stressed that indigenisation is crucial to navigate global uncertainties and redefine India's security strategy. NEW DELHI: India needs to be "ready for a war-like situation", with military preparedness being based on indigenous ...Read More >
New Delhi, October 28: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved the Terms of Reference of the 8th Central Pay Commission, which will take up the issue of increasing salaries of Central government employees and payments to pensioners. The 8th Central Pay Commission will be a temporary body. The Commission will comprise one Chairperson; one Member (part-time) and one Member-Secretary. It will make its recommendations within 18 months of the date of its consti ...Read More >
New Delhi [India], October 28 (ANI): The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved the Terms of Reference for the 8th Central Pay Commission, marking a key step in the process to review and revise the pay structure and service conditions of central government employees. According to an official release, the 8th Central Pay Commission will function as a temporary body comprising one Chairperson, one Part-Time Member, and one Member-Secretary. The Commission has ...Read More >
Indian Navy's Indo-Pacific Regional Dialogue Strengthens Maritime Cooperation And Strategic Connectivity Across Oceans: Vice Admiral Pradeep Chauhan (L)Indo-Pacific Regional Dialogue, launched by Indian Navy in 2018, serves as a key platform for regional cooperation and maritime understanding. Conceived as a 'listening forum', it explores all dimensions of security. New Delhi: When the Indian Navy first launched the Indo-Pacific Regional Dialogue (IPRD) in 2018, the term Indo-Pacific had alread ...Read More >
8th Pay Commission Update: The Union Cabinet on Tuesday approved the Terms of Reference (ToR) for the 8th Central Pay Commission (CPC), which will revise the salaries of nearly 50 lakh central government employees and benefits for about 69 lakh pensioners. Announcing the decision after the Cabinet meeting, Union Minister Ashwini Vaishnaw said the ToR had been finalised following extensive consultations with various ministries, state governments, and the staff side of the Joint Consultative Mach ...Read More >
The ISA will launch the Africa Solar Facility, a $200 million programme focusing on distributed renewable energy and serving as its first financial product for risk mitigation.During the 8th Assembly of the International Solar Alliance (ISA) in New Delhi from October 27 to 30, delegates from all 124 member countries are expected to visit South Asia's first distribution storage site in India's national capital. The ISA will launch the Africa Solar Facility, a $200 million programme focusing on d ...Read More >
New Delhi [India] October 28 (ANI): For the first time, in the initial six months of this calendar year, the total energy generated from renewable energy was higher than that from coal according to International Solar Alliance (ISA) Director General Ashish Khanna. Khanna said this in his address to the 8th session of the ISA Assembly at Bharat Mandapam in New Delhi on Tuesday. Also Read | Juventus Sack Manager Igor Tudor Amid Poor Run of Form; Massimo Brambilla Appointed Interim Head Coach. H ...Read More >
NEW DELHI: India's largest oil refiner and fuel retailer, IndianOil, on Monday said it will comply with international sanctions, without referring to the latest US curbs on Rosneft and Lukoil -- two of the largest Russian crude exporters."We will abide by all sanctions imposed by the international community," company chairman Arvinder Singh Sahney said but declined to specify whether IndianOil will stop buying discounted Russian crude.IndianOil is the second Indian refining entity after private ...Read More >
CHENNAI: Private sector Tamilnad Mercantile Bank (TMB) on Monday posted a 4.9% rise in net profit at Rs 318 crore in the quarter ended Sept 30, 2025, against Rs 303 crore during the corresponding quarter last year. Its deposits grew by 12.3% on a YoY basis at Rs 55,421 crore in Q2 FY26 over Rs 49,342 crore during the year-ago quarter. The advances were at Rs 46,930 crore in the July-Sept quarter of 2025-26, an increase by 10.3% when compared with Rs 42,533 crore in the same quarter of FY25. Whil ...Read More >
Mumbai, Oct 27 (SocialNews.XYZ) Union Road Transport and Highways Minister Nitin Gadkari on Monday highlighted that India's maritime sector, valued at nearly $1 trillion (Rs 84 lakh crore), holds immense investment potential in ports, shipping, and logistics. The minister was addressing the India Maritime Week 2025 here, focusing on the theme "Innovative Mechanisms for Ship Financing". Drawing from the success of the Ministry of Road Transport and Highways (MoRTH) in mobilising Rs 1.4 lakh cro ...Read More >
Mumbai: "Odisha is committed to building a Strong Port-Led & Port-Based Economy & will transform our ports into engines of trade, industry, and employment -- driving India's growth journey for the next 25 years," said Chief Minister Mohan Charan Majhi, at the India Maritime Week 2025, being held Mumbai. Chief Minister of Odisha Mohan Charan Majhi joined the inaugural session of India Maritime Week (IMW) 2025, alongside Union Home Minister Amit Shah, who graced the occasion as Chief Guest. The ...Read More >
New Delhi, Oct 27 (PTI) India must remain ready for a "war-like situation" as the four-day military conflict with Pakistan in May showed anything can happen anytime along the frontiers, Defence Minister Rajnath Singh said on Monday. Addressing an event, Singh said that though India gave a "firm response" to Pakistan during Operation Sindoor, it should serve as a case study to learn and chart the future course of action in dealing with national security challenges. The defence minister said the ...Read More >
Gandhinagar (Gujarat) [India] October 27 (ANI): Gujarat Chief Minister Bhupendra Patel, at the inauguration of India Maritime Week 2025 in Mumbai, stated that under the leadership and guidance of Prime Minister Narendra Modi, Gujarat has embraced the path of 'Samudra Se Samriddhi' and transformed its ports into gateways of prosperity. The Chief Minister delivered an impactful presentation on Gujarat's maritime sector at the inaugural session of India Maritime Week 2025, organised by the Ministr ...Read More >
New Delhi: President Droupadi Murmu would share the nation's vision for solar power-led development and 'One World, One Sun, One Grid' in her address at the 8th Session of the International Solar Alliance (ISA) Assembly on Tuesday at Bharat Mandapam, a statement said on Monday. This would mark the first-ever address by the President of India to the ISA Assembly that underscores India's commitment to ISA's leadership in advancing global solar energy cooperation and its founding vision of "One Wo ...Read More >
New Delhi [India], October 27 (ANI): The President of India Droupadi Murmu paid floral tribute to India's former President K.R. Narayanan on his birth anniversary at Rashtrapati Bhavan on Monday. Additionally, the Chief Minister of Punjab, Bhagwant Mann, met with President Droupadi Murmu at the Bhavan. The Lt. Governor of Delhi, Vinai Kumar Saxena, also met the president at Rashtrapati Bhavan. Meanwhile, President Droupadi Murmu will deliver the keynote address at the eighth session of the Int ...Read More >
Lucknow: Highlighting improvement in medical facilities in the state, Chief Minister Yogi Adityanath on Sunday said that Uttar Pradesh is now touching new heights in the field of health services.Speaking at the inaugural ceremony of Yashoda Medicity at Indirapuram in Ghaziabad, which was inaugurated by President Droupadi Murmu in the presence of defence minister Rajnath Singh, Yogi said that Uttar Pradesh was rapidly moving towards investment, innovation and quality facilities in healthcare sect ...Read More >
Addressing the Rozgar Mela virtually, the prime minister highlighted that the reform would increase exports and give young people new opportunities to work on global projects. Hailing the new Goods and Services Tax (GST) reforms, Prime Minister Narendra Modi on Friday asserted that the country is seeing the "positive impact in the MSME sector and retail trade" and would create new employment opportunities. Addressing the Rozgar Mela virtually, the prime minister highlighted that the reform wou ...Read More >
Mumbai, October 25: Private sector lender Kotak Mahindra Bank on Saturday reported a 2.7 per cent year-on-year (YoY) decline in its net profit at Rs 3,253 crore for the July-September quarter (Q2 FY26). The bank had posted a net profit of Rs 3,344 crore in the same period last year. Despite the marginal dip in profit, the bank's net interest income (NII) rose 4 per cent (on-year) to Rs 7,311 crore from Rs 7,020 crore in Q2 FY25, while the net interest margin (NIM) stood at a healthy 4.54 per cen ...Read More >
Mumbai, Oct 25 (SocialNews.XYZ) Private sector lender Kotak Mahindra Bank on Saturday reported a 2.7 per cent year-on-year (YoY) decline in its net profit at Rs 3,253 crore for the July-September quarter (Q2 FY26). The bank had posted a net profit of Rs 3,344 crore in the same period last year. Despite the marginal dip in profit, the bank's net interest income (NII) rose 4 per cent (on-year) to Rs 7,311 crore from Rs 7,020 crore in Q2 FY25, while the net interest margin (NIM) stood at a health ...Read More >
The plan aims to boost domestic extraction of vital metals from batteries and gadgets. Industry experts believe technology acquisition and workforce development are crucial for realizing the plan's potential. Critical minerals recyclers are cautious about the prospects of the newly announced incentive plan for the sector. Players say the informal e-waste collection system and the lack of a supply chain can hinder the government's plan to establish a robust critical mineral extraction ecosystem ...Read More >
New Delhi [India], October 25 (ANI): The Ministry of Mines has been actively engaging with the private sector to build enough capacity in India to fully utilize electronic waste and recover critical minerals within the next few years, according to a press release issued by the Ministry of Mines on Friday. The initiative follows the Union Cabinet's approval on September 3, 2025, of a Rs 1,500 crore Incentive Scheme for critical mineral recycling. This scheme, a key component of the National Crit ...Read More >
India's private sector growth slowed in October to its lowest in five months. Weaker demand and higher output prices impacted business optimism. Services sector growth saw a slowdown, while manufacturing activity improved. New orders expanded at a slower pace. International demand softened, particularly for exports to the United States. Businesses raised selling charges despite some cost easing. Growth in India's private sector eased to a five-month low in October as weaker demand and rising ou ...Read More >
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