MUMBAI: Axis Bank reported a steady operating performance in Dec quarter, with net profit rising 3% year-on-year to Rs 6,490 crore, supported by strong loan growth and higher fee income, even as margins moderated. The bank’s net interest income increased 5% from a year earlier to Rs 14,287 crore, on the back of 14% growth…
The United States has given “permission” to India to buy Russian oil already stranded at sea issuing a temporary waiver aimed at stabilising global oil supplies amid disruptions caused by the escalating conflict in West Asia.US President Donald Trump’s aide Scott Bessent referred to India as a “very good actor” for previously complying with Washington’s…
Strategy CEO Phong Le says the company now has “more flexibility than ever” to continue accumulating bitcoin, citing a capital structure built on long-dated debt, opportunistic equity access, and no short-term refinancing pressure. Speaking on the most recent episode of the “What Bitcoin Did” podcast, Le told host Danny Knowles that Strategy’s ability to raise…
NEW DELHI: Captain SPS Suri, who flew back the hijacked IC 814 from Kandahar to Delhi on Jan 1, 2000, has been appointed the chief operating officer of India’s biggest regional airline Star Air. Former director operations of erstwhile Air India who worked with SpiceJet for nearly a decade after retiring from AI in Nov…
SRINAGAR: Three universities in Kashmir have terminated academic agreements with a US-based NGO, Kashmir Care Foundation (KCF), following internal reviews amid a buzz that intelligence agencies had flagged concerns over its activities.University of Kashmir, Islamic University of Science and Technology (IUST) and Sher-e-Kashmir University of Agricultural Sciences and Technology of Kashmir (SKUAST-K) issued orders cancelling…
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NEW DELHI: The ministry of civil aviation on Saturday issued a fare-cap order to curb steep price surges across domestic routes following widespread flight cancellations by IndiGo. However, it did not name the airlines directly and referred it to as “one of India’s major airlines”.In order no 01/2025, the ministry said the disruptions had led…
Strategy’s leveraged bitcoin approach came under fresh scrutiny Sunday as critics questioned whether Michael Saylor’s firm can withstand prolonged market stress. Among the most vocal was longtime Bitcoin detractor Peter Schiff, who chairs Schiff Gold and serves as chief global strategist at Euro Pacific Asset Management. In a series of posts on X, Schiff argued…
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NEW DELHI: Even as India allocates thousands of crores of rupees annually for child vaccination, RTI data shows that a significant share of funds remains unspent, raising questions over implementation in one of the country’s largest public health scheme – National Immunisation Programme. Under the programme – which provides free vaccines to protect children against…
