India-US bilateral trade records robust growth in Dec

New Delhi (IANS) India’s trade with the USA is on the upswing with robust growth being recorded in December in the bilateral exports of the two countries despite the disruption in shipping due to geopolitical tensions. 

India’s merchandise…

Government e-Marketplace surpasses Rs 4 lakh cr GMV within 10 months this fiscal

New Delhi (IANS) Setting a new benchmark, the government e-Marketplace (GeM) has surpassed last years’ gross merchandise value (GMV) of Rs 4 lakh crore within 10 months this fiscal (FY25). 

The GeM clocked a GMV of Rs 4.09 lakh crore as on…

Yes Bank's Q3 net profit jumps 165 pc YoY to Rs 612 crore

Mumbai (IANS) Private sector lender Yes Bank on Saturday reported 165 per cent surge in net profit (year-on-year) at Rs 612.3 crore for the third quarter of FY25, from Rs 231.5 crore in the same quarter last year. 

The bank’s net interest income…

2 new IPOs to hit market next week, six listings awaited

Mumbai (IANS) Two new initial public offerings (IPOs) will open for investors next week -- one mainboard and the other an SME public issue. 

Among the upcoming public offerings, Dr Agarwal's Healthcare will launch its IPO in the mainline…

India records 39 per cent surge in investments to Rs 32 lakh crore in 9 months of FY 25

New Delhi (IANS) India has recorded a robust 39 per cent surge to Rs 32 lakh crore in domestic investments announced by public and private sector companies during the first nine months (April-Dec) of the current financial year (FY25), compared to…

Godrej Consumer logs 14 pc profit drop in Q3, declares interim dividend

Mumbai (IANS) Godrej Consumer Products Limited (GCPL) on Friday reported a net profit of Rs 498.31 crore for the October-December period (Q3) of FY25, a 14 per cent decline compared to Rs 581.06 crore in the same period last year. 

The company’s…

Reports on projects in Sri Lanka being cancelled false and misleading: Adani Group

Ahmedabad (IANS) The Adani Group on Friday categorically denied reports claiming that Adani's 484 MW wind power projects in Mannar and Pooneryn in Sri Lanka have been cancelled. 

Terming such reports as "false and misleading", a company…

India's airlines log 6 pc rise in traffic with 16 crore flyers on domestic routes in 2024

New Delhi (IANS) India’s domestic air passenger traffic rose by 6.12 per cent to 16.13 crore in 2024 from 15.2 crore in the previous year, according to the latest data compiled by the Directorate General of Civil Aviation (DGCA). 

The country’s…

Kotak Mahindra Bank acquires Standard Chartered India's personal loan biz for Rs 3,330 cr

Mumbai (IANS) Kotak Mahindra Bank on Thursday said it has completed the acquisition of the personal loan portfolio of Standard Chartered India for Rs 3,330 crore. 

The acquisition, which received the necessary regulatory approvals, will help…

India witnesses 8 pc jump in average flat size in 2024, NCR sees 29 pc

Mumbai (IANS) Average flat sizes in the top seven Indian cities rose by 8 per cent annually in 2024 – from 1,420 square feet in 2023 to 1,540 square feet in 2024, said a report on Wednesday. 

The national capital region (NCR) saw the steepest…