Axis Bank has begun the new financial year on a strong note, reporting a significant increase in its first-quarter earnings. The private sector lender posted a 23% year-on-year rise in consolidated net profit, reaching ₹7,114 crore for the quarter ended June 30. The strong financial performance reflects healthy business expansion, steady credit growth, disciplined cost...
West Bengal has taken another step toward strengthening its industrial landscape with the foundation stone being laid for a major steel manufacturing project worth ₹15,000 crore in Bankura district. The large-scale investment is expected to generate thousands of employment opportunities, improve industrial infrastructure, and reinforce the state’s position as a key destination for manufacturing investments....
As the United States moves deeper into the election campaign, former President Donald Trump has continued to highlight his administration’s achievements while defending his current policies and criticizing his political opponents. During a recent speech, Trump made several major claims about immigration, inflation, employment, trade, and the overall state of the American economy. Many of...
The United States Treasury has announced that the U.S. Mint will issue a new $1 coin bearing the image of President Donald Trump, a move that has quickly drawn national attention and sparked discussions about its historical significance, symbolism, and the process behind commemorative American currency. Treasury Secretary Scott Bessent confirmed the decision, stating that...
In a major push to strengthen India’s position as a global electronics manufacturing hub, the Union Cabinet has approved a comprehensive incentive package worth ₹62,500 crore aimed at expanding domestic mobile phone manufacturing and developing a stronger electronics supply chain. The decision marks another significant step in the government’s long-term strategy to increase local production,...
The Telangana government has intensified its push for the approval of several major infrastructure and irrigation projects, with Chief Minister A. Revanth Reddy urging the Union government to expedite pending clearances. The request comes as the state seeks to accelerate economic growth, improve public infrastructure, strengthen irrigation facilities, and address long-standing developmental needs. During discussions...
Indian benchmark equity indices staged a strong recovery during early trading on Wednesday, bouncing back after suffering heavy losses in the previous session. Positive buying momentum across banking, information technology, and select blue-chip stocks helped lift market sentiment, with investors taking advantage of lower valuations following the recent decline. The rebound reflected renewed confidence among...
Indian equity markets witnessed a sharp decline as renewed geopolitical tensions in West Asia rattled investors across global financial markets. Mounting concerns over the widening regional conflict, rising crude oil prices, and uncertainty in international markets prompted investors to reduce exposure to riskier assets, leading to broad-based selling across Indian equities. The benchmark indices closed...
Indian benchmark equity indices began Tuesday’s trading session on a positive note, extending recent gains as sustained foreign institutional investor (FII) inflows and buying in heavyweight banking and information technology stocks strengthened market sentiment. Positive global market trends also contributed to the optimistic mood among investors, encouraging fresh buying across several key sectors. The domestic...
Hyundai Motor India reported total sales of 51,335 units in June, underlining a stable performance in the country’s competitive passenger vehicle market. The latest sales figure reflects consistent demand for the company’s portfolio despite evolving market conditions and shifting consumer preferences in the automobile sector. The monthly performance highlights Hyundai’s sustained presence as one of...