Mumbai, May 21 (IANS) Defence stocks continued their strong upward momentum on Wednesday, with several leading companies clocking gains of up to 5 per cent during intra-day trading session.
New Delhi, May 21 (IANS) The Reserve Bank of India (RBI) is likely to transfer a bumper dividend to the Central government -- in the range of Rs 2.5-3 lakh crore – which has led to a rally in short-term bonds, analysts said on Wednesday.
Mumbai, May 21 (IANS) InterGlobe Aviation, the parent company of IndiGo, on Wednesday reported a decline of 11.19 per cent in its net profit to Rs 7,258.4 crore for the full financial year FY25, compared to Rs 8,172.5 crore in the previous financial year (FY24).
New Delhi, May 21 (IANS) The number of passengers flown by India’s domestic airlines during April this year crossed the 1.43 crore mark, which represents an 8.45 per cent increase compared to the same month of the previous year, despite bad weather impacting operations during the month, figures released by the Directorate General of Civil Aviation on Wednesday showed.
New Delhi, May 21 (IANS) With a financial outlay of Rs 2,000 crore, the PM E-Drive scheme will support the installation of approximately 72,000 EV public charging stations across the country, the government said on Wednesday.
Shimla, May 21 (IANS) Himachal Pradesh Chief Minister Sukhvinder Sukhu has urged Prime Minister Narendra Modi to double the import duty on apples from the current 50 per cent to discourage its import from Turkey and safeguard the interests of the state's fruit growers.
Mumbai, May 21 (IANS) Haryana-based distillery Piccadily Agro Industries, maker of the 'Indri' single-malt whiskey, on Wednesday reported a 7.49 year-on-year (YoY) decline in its net profit to Rs 39.80 crore in Q4 FY25, compared to Rs 43.02 crore in the same period last fiscal (Q4 FY24).
New Delhi, May 21 (IANS) EV penetration in India has improved with new model launches over the last six months, and new model launches and government incentives will drive hybrid penetration growth in the near term, an HSBC report said on Wednesday.
Mumbai, May 21 (IANS) Torrent Pharmaceuticals on Wednesday reported a 0.99 per cent quarter-on-quarter (QoQ) decline in its net profit for the fourth quarter (Q4) of FY25, with earnings dropping to Rs 498 crore from Rs 503 crore in the previous quarter (Q3 FY25).
New Delhi, May 21 (IANS) The Employees' Provident Fund Organisation (EPFO) added 14.58 lakh net members in the month of March, and increase of 1.15 per cent in net payroll additions compared to March 2024, it was announced on Wednesday.
