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Business

RBI retains GDP forecast for FY22 at 9.5pc, sees external demand an opportunity for India

New Delhi: Buoyed by increasing exports, high-frequency data pointing to a positive outlook and widening vaccination coverage, the Reserve Bank of India (RBI) on Friday retained its real GDP growth projection for FY22 at 9.5 per cent while announcing...

RBI rightly prioritized growth over inflation to rejuvenate economic growth on a durable basis: PNB

Kolkata: Punjab National Bank (PNB) MD & CEO CH. S. S. Mallikarjuna Rao on Friday said the RBI has rightly prioritized growth over inflation to rejuvenate economic growth on a durable basis and mitigate the extraordinary impact of Covid...

SBI registers its highest quarterly Net Profit of Rs. 6,504 crore in Q1FY22

Kolkata: State Bank of India (SBI) has registered its highest quarterly Net Profit of Rs. 6,504 Crores in Q1FY22. This represents increase of 55.25% YoY.The Operating Profit increased by 5.06% to Rs. 18,975 Crores in Q1FY22 from Rs.18,061 Crores...

TVS Motor Company July 2021 sale rises by 10 pc to 278,855 units

Mumbai: Auto major, TVS Motor Company has reported a rise of 10 pc in its July 2021 sales at 278,855 units as against sales of 252,744 units in the month of July 2020.Total two-wheelers registered a growth of 8...

Wheels India Q1 Net Profit at Rs 10.13 crore

Chennai: Wheels India Limited has registered a Net Profit of Rs.10.13 crores for the first quarter ended June 30, 2021.The company had posted a loss of Rs.38.23 crores in the comparative quarter last year.It has registered revenues of Rs.675.01...

PV Sindhu storms into quarter-finals at Tokyo Olympics

Tokyo: India's PV Sindhu stormed into the badminton quarter finals at the Tokyo Olympics after defeating world No. 12 Mia Blichfeldt of Denmark in the round of 16 here on Thursday.Sindhu defeated her opponent 21-15, 21-13 in straight games...

Tokyo Olympics: Indian archer Atanu Das moves to round of 16

Tokyo: Archer Atanu Das stunned South Korean Olympic champion Oh Jin-Hyek 6-5 to move into the men’s individual round of 16 at the Tokyo Olympics here on Thursday.Despite the windy conditions which created problems for the archers, Atanu Das...

“Tech war” between US, China to cost world dearly: Media

Sydney: The United States has tried to contain China's rise in a so-called "tech cold war," which is becoming the decisive battlefield for competition between the two countries, according to an article by Australia's ABC News recently.China has invested...

OPEC+ extends oil output cuts until end of 2022 : OPEC

Moscow: The Organization of the Petroleum Exporting Countries (OPEC) and other exporters that makeup OPEC+ decided to extend the deal on oil output cuts until December 31, 2022, the OPEC said Sunday.At a virtual meeting on Sunday, OPEC+ countries...

Facebook blasts Biden’s accusation of ‘killing people’ by allowing COVID-19 misinformation

Moscow: Facebook has pushed back against claims made by US President Joe Biden that the social network is responsible for COVID-19 deaths by allegedly allowing the spread of vaccination misinformation on its platform, describing such statements as unsubstantiated by...

Latest News

Manipur King calls for return of ‘lost territory’, Congress counters with historical facts

Imphal: Manipur’s Titular King, Maharaja Sanajaoba Leishemba, has urged the Indian government to explore the possibility of reclaiming Kabaw...