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Muthoot Finance profit up 17% on higher loan sales

RECORD gold prices leading to higher loan sales and the good show by its subsidiaries boosted the consolidated earnings of largest pureplay gold loan player Muthoot Finance, booking a 17% growth in net income at 1,182 crore for the March quarter over 1,009 crore in the year ago period.

Trade pacts help India cut deficits with UAE, Aus

THE trade pacts with Australia and the UAE seem to be working in India's favour as the trade deficit with both countries in FY24 declined vis-a-vis previous year.

RBI balance sheet expands 11% to

Increase on assets side in book is due to rise in foreign investments, gold, loans and advances

Household liabilities hit high of 5.7%; savings at record low of 5.2% in FY23

DRIVEN by rising indebtedness, which hit an all-time high of 5.7% of GNDI in FY23, the net financial savings of the households, which has been the mainstay of savings in the economy, has hit a record low of 5.2% in FY23, shows the RBI annual report for FY24.

Ensuring regulatory compliance is paramount for GCCs: Nasscom report

TRANSFER pricing is a key regulatory priority for Global Capability Centres (GCCs) in India, followed by SEZ and STPI compliance and legislation governing employment practices, including hiring, working conditions and dispute resolution.

FDI in manufacturing down 18% in FY24

DESPITE all government efforts to spruce up the manufacturing sector in the country, FDI inflows into the sector continue to decline after peaking in 2021-22.

Chinese man arrested in Singapore for cybercrime

WASHINGTON AN international law enforcement team has arrested a Chinese national and disrupted a major botnet that officials said he ran for nearly a decade, amassing at least $99 million in profits by reselling access to criminals who used it for identity theft, child exploitation, and financial fraud, including pandemic relief scams.

Corridor on Gaza-Egypt border taken over by Israel

PRESIDENTS of Rafah reported intense artillery shelling and gunfire on Thursday in Gaza's far-southern city after Israel said it had seized a strategic corridor on the Palestinian territory's border with Egypt.

HK court convicts 14 pro-democracy activists

FOURTEEN pro-democracy activists were convicted in Hong Kong's biggest national security case on Thursday by a court that said their plan to effect change through an unofficial primary election would have undermined the government's authority and created a constitutional crisis.

ANC set to lose majority after watershed vote

South Africa may see a coalition government for the first time in 30 years after apartheid

Xi pledges more Gaza aid, talks trade at summit with Arab leaders in Beijing

Xi Jinping reiterated calls for the establishment of an independent Palestinian state and promised more humanitarian aid for people in Gaza as he opened a summit with leaders of Arab states on Thursday in Beijing.

EU to impose tariffs on Russian grain import to cut funding for Ukraine war

EU states agreed on Thursday to impose \"prohibitive\" duties on grain imports from Russia in a bid to cut off revenues to Moscow for its war on Ukraine.

BJP tries to drive home Vivekananda mantra to drum up Bengal support

WITH nine constituencies going to the polls in the last phase on June 1, the BJP seems to be appropriating Swami Vivekananda to mobilize voters.

Guru Nanak ideology represents enduring values: Rahul in Punjab

SENIOR Congress leader, Rahul Gandhi on Thursday alleged that the BJP intends to dismantle and discard the Constitution.

Can caste arthimetic favour BJP in 3 eastern UP regions?

WILL the traditionally most backward laborer castes Rajbhar and Noniya (Chauhan)— prove to be the Sankat Mochaks (crisis alleviators) for the ruling BJP in the eight seats of the VaranasiMirzapur-Ballia region of eastern Uttar Pradesh? This question is not only crossing the minds of BJP planners and local cadres but also the rival INDI alliance camp in the region, with less than 24 hours left for the last phase of Lok Sabha polls.

'Religious sentiments hurt': BJP woman leaders booked for Modi bhajans in HP

CHANTING hymns and singing \"political bhajans\" for Prime Minister Narendra Modi at Maa Shoolini temple in Himachal Pradesh's Solan town proved costly for women officebearers of the BJP: they have been booked by the police for \"hurting the religious sentiments\" of the people and indulging in public mischief.

‘Chacha' may take a big decision after June 4: Tejashwi

FORMER Bihar deputy chief minister and Rashtriya Janata Dal (RJD) leader Tejashwi Prasad Yadav on Thursday created ripples in political circles by claiming that 'something major' will take place in Bihar after the results of the Lok Sabha polls were declared on June 4.

PM takes to Bhojpuri for Varanasi connect

In 5.57-minute video message, he appeals to voters, mainly first-timers, for record turnout

Campaign ends, over to result day on June 4

Concluding day sees frenetic canvassing by NDA & INDIA bloc leaders

3 Lt Cols among 16 Army personnel booked in J&K

DESPITE the Army downplaying the incident, 16 Army men, including three lieutenant colonels, have been named in the FIR filed for assaulting policemen in a station in Jammu and Kashmir's border district of Kupwara and abducting a cop.

Loss of civilian lives in Rafah a 'matter of deep concern,' says India

INDIA has said that the loss of civilian lives in the displacement camp in Rafah was a matter of deep concern.

ROADS NOT A STAGE FOR SHOWING OFF STUNTS

joyride on an expressway in Bengaluru, with a woman sitting side-saddle on her boyfriend's lap, recently caught the public's imagination.

CLOCK TICKING TO RESET BASE YEAR FOR GDP CALCULATIONS

A Nimportant issue the new central government will face is the need to revise the base year for the purpose of Gross Domestic Product (GDP) and other key economic calculations.

A TIGHTROPE WALK OVER A BLAZING FIRE

The US is making a bad situation worse by failing to rein in Israel's war crimes. Domestic politics in the US is making it a more dangerous dangle

NEED TO HASTEN CLIMATE ACTION AS TEMPS BREAK RECORDS

THE unprecedented rise in temperatures across north India—especially in Delhi, which recorded a historical high of 52.9°C on Wednesday-has given a glimpse into the dire future caused by human-induced climate change.

Agnibaan configured to fit payloads of 30-300 kg

\"IT is a testament to the remarkable ingenuity of our Yuva Shakti.

Black flag protests mark Modi's visit to Tamil Nadu

SOURCES said Vivekananda Kendra all-India vice-president Anumantha Roa, joint general secretary Kishore, and Vivekananda Kendra administrative officer Ananthasree Padmanabhan will be stationed at the memorial during the PM's three-day stay.

'Pandian not my successor, oppn is talking nonsense'

I take all decisions, my successor will be decided by people: CM Naveen

Two arrested for making fake land documents

Police on Thursday said two persons were arrested on Wednesday for preparing fake land documents to sell over 23 grounds in Thiruvanmiyur.

Hypertension treated with minimally invasive surgery

Hospital recently treated a 58-year-old man with uncontrolled blood pressure using a minimally invasive procedure as his hypertension had not improved with drugs.