SCBs post 1.4 pc surge in net profit in Q2FY26 led by PSBs

IANS | November 28, 2025 12:02 PM

New Delhi, Nov 28 (IANS) The net profit of Scheduled Commercial Banks (SCBs) grew marginally by 1.4 per cent year-on-year in Q2FY26, with gains driven by fee income, reduced provisions, and controlled operating expenses, even as margins compressed, a report said on Friday.

Gold, silver prices rise on strong demand

IANS | November 28, 2025 11:09 AM

Mumbai, Nov 28 (IANS) Gold and silver prices rose in the domestic futures market on Friday morning as strong spot demand and expectations of a US Federal Reserve rate cut lifted investor sentiment.

Q2 GDP: Indian economy may outshine forecast amid global disruptions

IANS | November 28, 2025 9:58 AM

New Delhi, Nov 28 (IANS) As economists and industry wait for the Q2 GDP numbers to be released by the National Statistical Office on Friday, reports say that the economy may outshine the 7 per cent forecast for the July-September period despite US tariffs and overall weak global cues.

Businesses, high-value payers to benefit most from 'Banking Connect' system: NBBL MD

IANS | November 27, 2025 10:29 PM

New Delhi, Nov 27 (IANS) 'Banking Connect' will be beneficial for those customers who use digital payments for very high-value transactions, such as businesses making payments for taxes, insurance, and other use cases, Noopur Chaturvedi, Managing Director and CEO of NPCI Bharat BillPay Limited (NBBL), said on Thursday.