Kotak Mahindra Bank reported a 14% year-on-year drop in standalone net profit for the quarter ended March 2025. The bank posted a profit of ₹3,552 crore in Q4 FY25, compared to the same quarter last year. The fall in profit was mainly due to a sharp rise in provisions and contingencies, which jumped more than […]
State Bank of India (SBI), the country’s largest public sector bank, posted a 10% fall in its standalone net profit for the March 2025 quarter. The profit stood at ₹18,643 crore, compared to ₹20,698 crore in the same quarter last year. Despite the fall in profit, the bank’s board has announced a dividend of ₹15.90
SBI Q4 Profit Falls by 10% to ₹18,643 Crore; Declares ₹15.90 Dividend Per Share Read More »
India has stopped the import of all goods from Pakistan with immediate effect after the deadly terror attack in Pahalgam on April 22, 2025. The decision was taken as part of national security actions, and the ban is now part of India’s Foreign Trade Policy (FTP) 2023. In a new notification issued by the Directorate
India Bans All Imports from Pakistan After Pahalgam Terror Attack Read More »
The Pakistan stock market has seen a major fall of over 7,100 points since April 22, 2025, as tensions between India and Pakistan increased sharply after a terror attack in Pahalgam. This sell-off shows how rising political and military stress between both countries is affecting investor sentiment in the region. Pakistan’s main KSE-100 index dropped
Pakistan Stock Market Falls Sharply Over 7,000 Points After India-Pakistan Tensions Rise Read More »
The National Stock Exchange (NSE) has announced new quantity freeze limits for index futures and options (F&O) contracts, which will come into effect from May 2, 2025. This change has been made under the updated rules in the F&O segment to ensure fair and orderly trading, as mentioned in the NSE’s latest circular dated April
NSE Revises Quantity Freeze Limits for Index Derivatives from May 2, 2025 Read More »
India’s Goods and Services Tax (GST) revenue surged to a record ₹2.37 lakh crore in April, marking a 12.6% year-on-year increase, government data showed. This is the highest monthly collection since the GST system was implemented on July 1, 2017. In comparison, GST collections for March stood at ₹1.96 lakh crore, a 9.9% rise over
GST Collections Hit Record High of ₹2.37 Lakh Crore in April, Up 12.6% YoY Read More »
Strides Pharma shares went up slightly on April 30 morning after the company announced that its US-based arm has acquired four approved drug applications (ANDAs) for the American market. The share was trading at Rs 657.40 on the BSE, up by 0.74 percent at 09:24 AM. These ANDAs have been purchased from Nostrum Laboratories Inc.,
Strides Pharma Gains After Buying 4 US Drug Approvals to Expand Product Range Read More »
The Reserve Bank of India (RBI) has announced a liquidity injection of Rs 1.25 lakh crore through open market operations (OMO) to help ease rising bond yields, especially after the recent tensions between India and Pakistan following the April 22 terror attack in Pahalgam. Bond yields, particularly on the 10-year benchmark government bond, have gone
RBI to Infuse Rs 1.25 Lakh Crore via OMO Purchases to Support Bond Market Amid Tensions Read More »
India’s economy is expected to grow by 6.5% in 2025, keeping its place as the fastest-growing major economy in the world, said the Reserve Bank of India (RBI). Despite the rise in global uncertainties, India’s growth remains strong compared to other large economies. RBI Governor Sanjay Malhotra shared this update during a speech in Washington,
RBI Projects India’s Economy to Grow at 6.5% in 2025 Despite Global Challenges Read More »
Reliance Industries Ltd (RIL) announced on April 25 that Anant M. Ambani, the youngest son of Mukesh Ambani, has been appointed as a whole-time director of the company. His five-year term will begin from May 1, 2025, after shareholder approval. Anant Ambani has already been serving as a non-executive director on Reliance Industries’ board. With
Anant Ambani Appointed Whole-Time Director at Reliance Industries for 5 Years Read More »
