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MPs now have an electric bus to take them to Parliament

 Prime Minister Narendra Modi on Monday flagged off an electric bus to ferry lawmakers to Lok Sabha. "This battery powered bus is another initiative of our Make in India campaign," Prime Minister......

Results review: PSBs' net profit grows 16% to Rs 39,974 crore in Q1

 Public sector banks (PSBs) posted 16.1 per cent year-on-year (Y-o-Y) growth in net profit at Rs 39,974 crore during the June 2024 quarter. Photograph: Ajay Verma/Reuters While net interest income......

Private banks' bottom line remains healthy in Q1, bad loans inch up

 Private banks’ net profit grew 26.3 per cent year-on-year (Y-o-Y) to Rs 48,982 crore in the first quarter ended June 2024 (Q1FY25) owing to healthy growth in credit and other income.......

Will Nifty-IT Outperform Post Elections?

 The Nifty IT index, data shows, has outperformed the markets in each of the last four election years post the result. Illustration: Dominic Xavier/Rediff.com Usually, general elections cast a......

Q4 results: Private sector banks post 9.7% decline in net profit

 Private sector banks reported a robust profile with healthy growth in net interest income (NII), credit offtake and reduction in provision burden for the fourth quarter ended March 2023 (Q4 of......

India business to put a spring in pharma's step

 Hospitals to recover from sluggish Q3; diagnostics' growth rate at pre-Covid levels. Illustration: Uttam Ghosh/Rediff.com Analysts feel that revenue and EBIDTA growth in the pharmaceutical sector......

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