Public sector banks (PSBs) are expected to cross the Rs 2 lakh crore combined profit mark in the current financial year, buoyed by strong balance sheets, steady credit expansion and improved asset quality, Financial Services Secretary M Nagaraju said.Speaking to PTI in an interview, Nagaraju said the Indian banking system remains resilient, supported by regulatory…
Check out the companies making headlines in after-hours trading. Microsoft — Microsoft shares dropped almost 7% in extended trading. Cloud growth slowed in the fiscal second quarter , and the software giant gave light guidance for operating margin in the fiscal third quarter. Adjusted earnings came out at $4.14 per share, higher than consensus expectations…
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NEW DELHI: Congress leader Rahul Gandhi on Saturday escalated his attack on the finalised India-US trade deal, claiming that the agreement would harm India’s cotton farmers and textile exporters.In a post on X, Rahul alleged that the government has walked into a “trap” that leaves millions of families staring into an “abyss of unemployment.”“18% Tariff…
NEW DELHI: In yet another case of alleged mass killings of stray dogs in Telangana, about 200 canines were reportedly killed in Hanamkonda district. This takes the total number of stray dogs found dead in the state since December 2025 to around 1,100, according to animal rights activists.Animal welfare activist A Goutham, associated with the…
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Gold prices eased on Tuesday as traders chose to cash in recent gains, mirroring the softer sentiment in overseas markets. The pullback ended the strong run in bullion seen in the previous session.On the Multi Commodity Exchange, the benchmark contract slipped to Rs 1,30,266 per 10 grams. The February 2026 futures also headed lower, giving…
NEW DELHI: Warning of sharp inflation in the coming weeks, Congress’ Rahul Gandhi on Saturday said the Modi govt will hike the prices of petrol, diesel and LPG after the coming assembly elections, as he accused BJP of lacking strategy and direction to manage the country’s economy. Congress also accused the Modi govt of “moral…
Infosys shares climbed on Wednesday as investors reacted to the company’s announcement of its largest-ever share buyback, valued at Rs 18,000 crore. The programme is scheduled to open for subscription on Thursday, November 20.On BSE, the stock rose 3.74% to close at Rs 1,541.25, gaining Rs 55. Earlier in the session, the IT giant had…
Strong fundamentals to keep India among fastest-growing major economies: Report Structural drivers, such as digitisation, technological advancements and favourable demographics, may continue to position India among the fastest-growing major economies, according to the Economic Outlook 2026 released by the Mastercard Economics Institute (MEI).India’s economy is expected to consolidate on its long-term growth trajectory in 2026,…
