Banking And Finance
Banks’ RoA to slip up to 0.15% in FY27 on lower treasury income, ECL provisions: Crisil
Mumbai: The (RoA) of the is expected to decline to 1.15-1.2 per cent this fiscal from around 1.3 per cent in the previous year, weighed down by lower treasury income…
8th Pay Commission key updates: Nationwide consultations in full swing — 10 FAQs answered
The 8th Pay Commission is now actively in its consultation and discussion phase. The aim of the current phase is to listen to the views, ideas, and aspirations of stakeholders,…
PM Surya Ghar Muft Bijli Yojana: Eligibility, subsidy benefits, and how households can apply for the scheme
The PM Surya Ghar: Muft Bijli Yojana, introduced by the Central government in February 2024, is a rooftop solar initiative designed to help households reduce their electricity costs and encourage…
Credit keeps its lead over deposits as gold loans shine bright
Kolkata: Year-on-year recorded at 16% in the fortnight ended May 15 and remained faster than the 12% deposit growth, Reserve Bank of India data showed. Total increased to Rs 256…
Market
SEBI fines Suzlon Energy and executives ₹29 crore for misleading finances
Securities and Exchange Board of India (SEBI) has imposed penalties totalling nearly ₹29 crore on Suzlon Energy and four former executives after finding that a series of intra-group transactions had…
Tata Consultancy Services’ Moody’s Ratings upgraded to A2
credit ratings went up four notches above the Indian sovereign. The long-term local currency issuer rating of A2 is in line with India’s local currency ceiling. In the absence of…
Three companies receive SEBI’S nod to float IPOs
Rodec Pharma, Renny Strips, and Krishna Buildspace have secured SEBI’s approval to raise funds t, an update with the markets regulator showed on Friday. Renny Strips Ltd, a steel structural…
Moody’s upgrades Tata Steel rating
Moody’s Ratings has upgraded Tata Steel issuer rating to Baa2 from Baa3. The rating reflects expectation of extraordinary support from its parent Tata Sons in a stress scenario. This is…
Market
Skoda Auto Volkswagen announces Sri Lanka launch as OEMs expand export playbook
In a move reflecting India’s growing role as a regional manufacturing hub, Skoda Auto Volkswagen India Private Ltd (SAVWIPL) on Friday, announced the launch of the Volkswagen brand in Sri…
Supreme Court GST ruling pushes real-money gaming firms towards survival battle
The Supreme Court’s decision upholding the 28 per cent goods and services tax (GST) levy on real-money gaming platforms, including its retrospective application, has intensified fears of insolvencies and shutdowns…
GACL to set up high-purity hydrogen peroxide plant in Gujarat for semiconductor, solar applications
The state-run Gujarat Alkalies and Chemicals Ltd (GACL) on Friday said it will set up a 5,000 tonnes per annum (TPA) high-purity grade hydrogen peroxide plant at Dahej in South…
Asian Paints Q4 net up 69% on better realisations
, the country’s largest paint company, has reported that its net profit in the March quarter was up 69 per cent to ₹1,185 crore against ₹701 crore logged in the…
Axis
