How SBI is steadily catching up with HDFC Bank in the margin race
The difference between the net interest margins (NIMs) of India’s largest lender and its largest private lender has shrunk consistently over the years, data analysed by Mint showed.
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Costa Rica shell entity and unauthorised foreign transactions - what ED raids at CoinDCX and Delta Exchange found
ED said searches at premises linked to CoinDCX and Delta Exchange uncovered evidence of alleged FEMA violations involving crypto derivatives, tokenised foreign stocks and cross-border transactions. The agency is investigating payments in stablecoins and transfers to overseas affiliates.
Berkshire surprised with record buybacks, but pace slowed as the stock rose
Also noteworthy from the company’s third-quarter results were big revenue and earnings gains for the company’s railroad unit, BNSF, and a drop in profits for its huge insurance group.
Sweet trouble this Diwali: Rs 82 crore worth of food, 1,185 licences come under FSSAI scanner
FSSAI conducted a nationwide inspection drive from September 1 to November 5 to check food adulteration. During this period, more than 3,000 tonnes of non-compliant food products were seized across India. The regulator canceled 52 licenses and suspended over 1,000 licenses in response to violations.…
NIT Raipur, AKSI Aerospace join hands, set-up Centre Of Excellence: What will the new partnership focus on?
NIT Raipur and AKSI Aerospace Group plan to establish a Centre of Excellence for aerospace and autonomous technologies, alongside a manufacturing facility. The partnership will connect research with industrial production, provide hands-on training, and support India’s indigenous drone capabilities.
High fares, longer journeys, delays make special trains less attractive to passengers: Officials
Railway Ministry claims to operate special trains during the festive rush, yet regular train demand exceeds their capacity. Special trains often have higher fares and longer travel durations compared to regular trains, which leads to disappointment among travelers. Many passengers are willing to boo…
Death toll in explosion at Oil India's facility in Assam rises to three
Three people have died following an explosion at Oil India Limited's facility in Dibrugarh. The incident occurred during maintenance work at the Intermediate Tank Farm on Friday. Two of the deceased were workers and an engineer who succumbed to burn injuries. The injured were initially treated at As…
Pharma industry steps up API investments to cut import dependence, move up value chain
India's pharmaceutical sector is shifting towards high-value medicines and reducing reliance on imports through local manufacturing. Investments in active pharmaceutical ingredients and advanced therapies are on the rise to meet new healthcare demands. Industry leaders highlight the significance of…
1,000 extra trains between Delhi, Mumbai, Kolkata and Chennai to ease waiting lists, Railway ministry plan
Railway Minister Ashwini Vaishnaw said Indian Railways plans to expand seven major corridors to four parallel tracks, enabling more than 1,000 additional regular trains after completion. The routes include connections between Delhi, Mumbai, Kolkata and Chennai. The Railways has also deployed 18,000…
E20 petrol supplied by PSU oil firms meets prescribed quality standards: Oil Min
The government's statement confirmed compliance of 893 petrol samples with prescribed ethanol content standards. Karnataka's Department of Food contested these findings, claiming higher ethanol levels in some petrol samples. Oil marketing companies asserted their sampling procedures were not followe…
Ashwini Vaishnaw visits railway war room at Rail Bhavan to review Diwali-Chhath arrangements
Union Minister Ashwini Vaishnaw took stock of the Railways' festival-season preparedness at the war room in New Delhi's Rail Bhavan. On train delays Railway Minister Ashwini Vaishnaw said the rail network is facing peak congestion due to increased passenger and freight movement. He said 36,000 km of…
Prestige Group buys 100% stake in Allure Developers for Rs 524 crore to develop housing project in Noida
Prestige Estates Projects Ltd has purchased a complete stake in Allure Developers for Rs 524 crore. The acquisition was finalized on November 6, 2026, in a share purchase agreement. Allure Developers is currently involved in developing a residential project located in Noida Sector 150. The company h…