NPAs of public sector banks declined from 9.1 pc to 2.58 pc: Union Minister

IANS | July 22, 2025 6:12 PM

New Delhi, July 22 (IANS) Gross non-performing assets (NPAs) of public sector banks have been steadily declining and have come down from 9.11 per cent of total loans in March 2021 to 2.58 per cent in March 2025, Minister of State in the Ministry of Finance Pankaj Chaudhary informed Parliament on Tuesday.

Free Trade Agreement, investment treaty on radar as PM Modi visits Maldives this week

IANS | July 22, 2025 6:11 PM

New Delhi, July 22 (IANS) Prime Minister Narendra Modi's two-day State visit to Maldives this week will not only contribute further to consolidating strong ties between the two nations but also enhance peace, prosperity and security in the Indian Ocean Region (IOR), Foreign Secretary Vikram Misri said on Tuesday. Both countries, he revealed, are also in discussions to negotiate a Free Trade Agreement and an investment treaty.

Kajaria Ceramics clocks 9.75 pc dip in revenue for Q1, net profit soars 155 pc

IANS | July 22, 2025 4:10 PM

Mumbai, July 22 (IANS) Kajaria Ceramics, one of India’s leading ceramic and vitrified tiles manufacturers, on Tuesday reported a decline of 9.75 per cent quarter-on-quarter (QoQ) in its revenue to Rs 1102.74 crore for the first quarter of the current financial year (Q1 FY26), compared to Rs 1,221.85 crore in the previous quarter (Q4 FY25).