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Friday, January 2, 2026
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Business

US fiscal deficit to stay around $1.3 trillion over next decade – Budget Proposal

Washington: Biden's administration on Friday unveiled a $6 trillion budget proposal that would push the deficit to $1.7 trillion in 2022, while the average deficit over the next decade is projected to be around $1.3 trillion per year, a...

SBI reports net profit of Rs. 6,451crore in Q4FY21

Kolkata: State Bank on Friday reported a net profit of Rs. 6,451 crore in Q4FY21 as compared to Rs.3,581 crore in Q4FY20, an increase of 80.15% year on year. Sequentially Net Profit has increased by 24.14%.The Bank registered an...

Death toll in banking sector much higher in 2nd wave of COVID, aprox 1,300 staff died: AIBEA

Hyderabad: As many as 1,300 bank employees approximately have died across the country till date in the second wave of COVID-19, All India Bank Employees Association (AIBEA) said.This was stated in the letter to Indian Banks' Association (IBA) Chief...

Centre extends deadline for NGOs to open account with SBI till June 30 for foreign aid

New Delhi: The Centre on Monday extended the deadline till June 30 for Non-Governmental Organizations (NGOs) to open their bank account in the State Bank of India to receive foreign funding.In a order issued by the FCRA wing in...

Aviation sector in reverse gear, number of flyers down by 27%

New Delhi: The second wave of COVID-19 has derailed India's domestic aviation sector once again as the number of flyers has dipped by 27 per cent in Apr 2021.According to data release by Director General of Civil Aviation office...

Canara Bank comes out of red by earning net profit of Rs 2557 cr in 2020-21

Bengaluru: Public lender Canara Bank has earned a net profit of Rs 2557 crore in the year ended March 31-2021 as against the net loss of Rs 5838 crores for FY 20 and the Operation profit has reached a...

Petrol price crosses 99/litre in Mumbai

New Delhi: Petrol and diesel prices were hiked for the tenth time in this month. Now, petrol in Mumbai costs Rs 99.14 while the diesel is priced at Rs 90.71.According to state-owned Indian Oil Corporation's website, the company's extra...

Japan’s economy shrinks by record 4.6% year-on-year in fiscal 2020: Reports

Tokyo: Japan's pandemic-hit GDP in fiscal 2020 fell by 4.6% in real terms from the previous year, which marked the sharpest decline since data began to be compiled in 1955, the Kyodo news agency reported on Tuesday, citing preliminary...

World Economic Forum cancels Singapore meet in view of Covid pandemic

New Delhi: The World Economic Forum on Monday cancelled its Special Annual Meeting in Singapore which was to take place just three months from now.The next Annual Meeting will instead take place in the first half of 2022, WEF...

AirAsia announces free cancellation & rescheduling on all flights to and from West Bengal

Kolkata: AirAsia India announced free cancellation and rescheduling for flights to and from West Bengal in light of the lockdown in the state.The airline similarly continued to extend free cancellation and rescheduling for flights to and from Karnataka, Delhi,...

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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...