India’s corporate sector could be staring at a deceleration in revenue and profit growth in the first quarter (Q1) of 2024-25 (FY25), with brokerages tempering their growth projections compared to the previous financial year. Estimates for Q1FY25 suggest a further slowdown in revenue growth and flat-to-marginal growth in overall corporate earnings. According to brokerages, the…
Boeing, which did not immediately comment, on June 17 issued a bulletin to airlines calling for visual inspections, the FAA said. Photo: Bloomberg 1 min read Last Updated : Jul 08 2024 | 11:43 PM IST The Federal Aviation Administration said on Monday it is requiring inspections of 2,600 Boeing 737 airplanes because passenger oxygen…
3 min read Last Updated : Jul 08 2024 | 11:39 PM IST I have been making outward remittances to my son studying abroad for his maintenance through my bank. They used to only ask for a simple request letter stating the purpose of remittance. Now, I am told that I have to submit a…
Russia’s President Vladimir Putin welcomes India’s Prime Minister Narendra Modi during their meeting at a residence near Moscow, Russia July 8, 2024. Photo: Reuters 3 min read Last Updated : Jul 08 2024 | 11:36 PM IST The Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal on Monday spoke about the agenda of Prime Minister…
The shares were disposed of in the price range of Rs 666.20-692.60 per piece. 1 min read Last Updated : Jul 08 2024 | 11:30 PM IST Global asset manager BlackRock on Monday bought shares of Swan Energy for Rs 304 crore through open market transactions. US-based BlackRock through its three affiliates acquired 45.56 lakh…
Terrorists ambushed an army truck in the remote Machedi area of Jammu and Kashmir’s Kathua district, killing five personnel, including a junior commissioned officer (JCO), and injuring five others. (Photo: PTI) 3 min read Last Updated : Jul 08 2024 | 11:26 PM IST The Congress on Monday condemned the terror attack on Army personnel…
Orbn praised China’s constructive and important initiatives for achieving peace and described Beijing as a stabilizing force amid global turbulence, according to CCTV. (Photo: PTI) 1 min read Last Updated : Jul 08 2024 | 11:17 PM IST Chinese President Xi Jinping has called on world powers to help Russia and Ukraine resume direct dialogue…
4 min read Last Updated : Jul 08 2024 | 11:17 PM IST By Tom Rees, Damian Shepherd and Joe Mayes Chancellor of the Exchequer Rachel Reeves vowed to “get Britain building again,” as she unveiled a slew of planning reforms including restoring mandatory local housing targets ditched by the previous Conservative government and ending…
1 min read Last Updated : Jul 08 2024 | 11:23 PM IST Key challenges RBI’s stipulation of priority sector lending which is restricted to loans up to Rs 30 cr isn’t helping RE firms Faster closure of bidding process till power purchase agreement is signed with selected developers Adherence to renewable purchase obligations…
After consolidating capital adequacy, improving profitability and asset quality, regional rural banks (RRBs) will now focus on diversification of lending products to small and medium enterprises (SMEs) for value addition in agriculture chain and allied sectors. The top priority will be upgrading the technology platform for digital banking for retaining existing customers and attracting new…