ICICI Bank plans to focus on the self-employed, private banking, and family offices to boost deposits. They saw potential in increasing client wallet share. The bank reported 15.1% growth in total deposits for the June quarter and is carefully monitoring risks, particularly in SME and unsecured segments.
Union Minister G Kishan Reddy confirmed that Jammu and Kashmir's Assembly elections would be held in September. He urged voters to support BJP, highlighting the positive changes since the revocation of Article 370. Reddy warned against voting for parties advocating the article's reinstatement, associating it with past turmoil and terrorism in the region.
Protestors invaded Prime Minister Sheikh Hasina's official residence, compelling her to escape. Following weeks of ignored resignation demands, violent clashes erupted, killing almost 100 people, including police officers. Security forces fired on demonstrators, raising the overall death toll to at least 300 since the protests began in July.
Bharti Airtel's average revenue per user (ARPU) rose to Rs 211 in Q1 FY25, up from Rs 200 the previous year. The company saw its consolidated profit more than double to Rs 4,160 crore, driven by increased demand for high-margin 4G and 5G services. Consolidated revenue grew by 2.8% to Rs 38,506.4 crore, with Indian revenue up 10.1% to Rs 29,046 crore.
The Visa-on-Arrival can be utilized at six designated airports across India, simplifying the process for visitors from these countries and enhancing the convenience of travel.
At the Paris 2024 Olympics, U.S. swimmers secured eight gold medals, their lowest total since 1988, narrowly leading Australia. While American athletes like Katie Ledecky and Torri Huske excelled, international swimmers such as France’s Leon Marchand and Canada’s Summer McIntosh made significant strides, reflecting a more competitive global landscape. With new training methods and international coaching knowledge impacting the sport, the U.S. aims to improve ahead of the 2028 Los Angeles Games, where... Читать дальше...
Dinesh Karthik, former India wicketkeeper, has been named the league ambassador for the SA20 League. He will collaborate with AB de Villiers to enhance the league's global reach. The SA20 consists of six franchises owned by IPL teams. Karthik retired from cricket this year, marking his first association with the South African tournament.
The IPO comprises a fresh issue of Rs 5,500 crore and an offer for sale (OFS) of 8.4 crore shares. Under the OFS, founder Bhavish Aggarwal will offload 37.9 million shares in the IPO.
Arrow Greentech, Gyscoal Alloys, Lux Ind., Wealth First Portfolio Managers and GHCL Textiles, hit their fresh 52-week highs during the day.
The rise in airfares to Gulf countries during the June-September holiday season caused financial strain for poor laborers and middle-class migrants. Rajya Sabha member Jebi Mather Hisham called for government intervention to stop what she termed 'organized loot.' She highlighted that this disproportionate increase in fares adversely affected those who contribute significantly to India's economy through remittances.
The NSE Nifty index closed 662.11 points down at 24055.6
Always handle and prepare these foods with care to avoid potential toxicity. Here are eight common toxic foods you might have in your kitchen:
In the Nifty pack, 3 stocks closed in the green, while 47 stocks ended in the red.
India is set to add 3,37,900 MW of power capacity by 2032, enhancing its current capacity which saw a notable increase over the past decade. The additions will come from a mix of thermal, hydropower, nuclear, and renewable energy sources, with detailed figures provided by Union Minister of State for Power Shripad Naik.
Bharti Airtel Q1 Results: While an ET Now poll estimated a profit of around Rs 3,661 crore, the actual profit for the reporting period surpassed this, with revenue from operations growing 3% year-on-year to Rs 38,506 crore. This figure is marginally below the poll's revenue estimates of Rs 38,523 crore. In the first quarter of the previous fiscal year, the company reported a profit of Rs 1,612 crore and revenue of Rs 37,440 crore.
Sudhir Kaushik of TaxSpanner.com tells readers how they can optimise their tax by rejigging their incomes and investments.
The Maruti Suzuki Brezza is a popular compact SUV designed specifically for Indian road conditions.
Sheikh Hasina has stepped down from her role as Prime Minister of Bangladesh amid significant anti-government protests. Reports indicate that she has left the country and is en route to London.
The government accumulated Rs 8,263 crore in GST from health insurance premiums for the fiscal year 2023-24. There have been appeals to exempt or reduce GST on life and health insurance premiums. Some insurance schemes for underprivileged and differently-abled groups are GST-exempt. The GST Council prescribes rates and exemptions.
Bangladesh Protest: On Sunday, violence escalated in Bangladesh protests, targeting Hindu houses and temples, resulting in nearly 100 deaths, including Hindu councillor Kajal Roy. The unrest, driven by demands for Prime Minister Sheikh Hasina's resignation, led to an indefinite curfew starting at 6 pm and a three-day closure of all but essential services. Troops were deployed to restore order, and social media platforms were blocked. The government is committed to ensuring essential services continue during this period... Читать дальше...
Veteran investor Jim Rogers anticipates a severe financial collapse due to rising global debt. Rogers disclosed holding substantial cash reserves. Warren Buffett's Berkshire Hathaway also increased cash holdings to $277 billion following significant stock sales.
The home minister, who tabled the bill in Parliament on August 5, 2019 for abrogation of Article 370 and Article 35A, also thanked the prime minister for this landmark decision and reaffirmed the dedication to advance the region's aspirations and transformative progress.
