In Q4FY22, Bank of India’s net profit increased 142.3 percent to Rs 606 crore
On improved net interest margins, the Bank of India‘s net profit increased 142.3 percent to Rs 606 crore in Q4FY22. In Q4FY21, it had a net profit of Rs 250 … Read More
Month: May 2022
Amid the forex crisis, Sri Lanka seeks a $500 million loan from India for fuel purchases
Amid a severe foreign exchange crisis, the Sri Lankan Cabinet has accepted a 500 million dollar loan from the Exim Bank of India for the purchase of petroleum supplies. As … Read More
At the Quad Summit, Australia’s Prime Minister pledges to cut carbon emissions by 43% by 2030
Anthony Albanese, Australia’s newly elected Prime Minister, pledged to reduce carbon emissions by 43% by 2030 and to reach net-zero emissions by 2050. Albanese remarked during the Quadrilateral summit, “We … Read More
After strong rains and thunderstorms, houses in Delhi collapse
On Monday, inhabitants of the national capital awoke to heavy rain and strong gusts, with reports of houses toppling in some areas. At around 5 a.m., a house in West … Read More
Today’s gold price is Rs 50,780 per 10 gramme, with silver at Rs 61,550 per kilogramme
On Wednesday, the price of 10 grammes of 24-carat gold increased by Rs 330 to Rs 50,780. Simultaneously, the price of one kilogramme of silver jumped from Rs 2,160 to … Read More
According to CII president Sanjiv Bajaj, India’s GDP may expand 7.4-8.2% in FY23
According to Sanjiv Bajaj, the incoming president of the Confederation of Indian Industries and chairman of Bajaj Finserv, India’s FY23 gross domestic product is predicted to expand between 7.4 and … Read More
Today, India will hold meetings under the SCO on a Regional Anti-Terror Structure
On Monday, India will host a Regional Anti-Terror Structure (RATS) meeting in New Delhi under the auspices of the Shanghai Cooperation Organization (SCO). The major anti-terror meeting will begin at … Read More
Ranil Wickremesinghe, Sri Lanka’s new Prime Minister, has expressed interest in strengthening ties with India
Ranil Wickremesinghe, Sri Lanka’s new Prime Minister, has expressed his desire for better connections with India during his term and praised India for its economic help as the country grapples … Read More
To address the fuel crisis, environmental permissions for coal mine expansions were eased
In response to fuel shortages that have resulted in hours-long blackouts, India has eased environmental licences for coal mine expansions. According to a government notice, certain existing facilities will be … Read More
For nearly a year, Indian Railways failed to meet Coal India train provisioning targets
Coal is supplied by Indian Railways. According to government data, India has been falling short of its monthly coal transportation targets for more than a year, underscoring the reasons behind … Read More