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Business - Page 584

Markets settle lower after RBI policy; continuous foreign fund outflows dent investors' sentiment

7 Feb 2025 4:15 PM IST
Mumbai: Equity benchmark indices Sensex and Nifty ended lower on Friday as the RBI's rate cut did not spring any major surprise for the markets and...

Banks to have 'bank.in' internet domain name, non-banks 'fin.in': RBI

7 Feb 2025 11:30 AM IST
Mumbai: In order to check cyber security threats, the Reserve Bank on Friday decided that Indian banks will have exclusive internet domain name...

RBI projects FY26 inflation at 4.2%, down from 4.8% estimate in 2024-25

7 Feb 2025 11:00 AM IST
Mumbai: The Reserve Bank on Friday projected the retail inflation at 4.2 per cent for next financial year beginning April while retaining the forecast...

RBI cuts policy rate by 25 bps to 6.25%, first reduction in five years

7 Feb 2025 10:26 AM IST
Mumbai: The RBI under new Governor Sanjay Malhotra on Friday cut interest rate for the first time in nearly five years as the central bank pivoted the...

Bharti Airtel Dec qtr net profit rises over five-fold to `16,134 cr

7 Feb 2025 12:37 AM IST
New Delhi: Bharti Airtel on Thursday reported more than five-fold jump in consolidated net profit to Rs 16,134.6 crore boosted by consolidation of the...

Indus Towers to acquire mobile sites of Airtel, Hexacom for `3,309 cr

7 Feb 2025 12:36 AM IST
New Delhi: Telecom infrastructure firm Indus Towers will acquire mobile sites of its parent firm Bharti Airtel and sister concern Bharti Hexacom for...

Bharti Hexacom profit rises 23% to Rs 261 cr in Q3

7 Feb 2025 12:35 AM IST
New Delhi: Bharti Hexacom on Thursday posted a 22.66 per cent increase in profit to Rs 260.9 crore for the December quarter. The company had...

EPFO settles record 5 cr claims worth over Rs 2 lakh crore in FY25

7 Feb 2025 12:35 AM IST
New Delhi: Labour Minister Mansukh Mandaviya on Thursday said Employees’ Provident Fund Organisation (EPFO) has achieved a historic milestone by...

Trai proposes new numbering system for landline users

7 Feb 2025 12:34 AM IST
New Delhi: Fixed line users will need to dial an entire 10-digit number even for local calls if the recommendation of telecom regulator Trai issued on...

IndiGo signs pact with Norse Atlantic for Boeing 787-9 lease

7 Feb 2025 12:33 AM IST
Mumbai: Domestic carrier IndiGo on Thursday said it has entered into a pact with Norse Atlantic Airways for the damp lease of one Boeing 787-9...

Auto retail sales rise 7% in Jan, PV segment up 16%, says FADA

6 Feb 2025 11:37 PM IST
New Delhi: Automobile retail sales in India rose 7 per cent year-on-year in January at 22,91,621 units, driven by robust demand across segments,...

State Bank’s December qtr net profit surges 84% to Rs 16,891 crore

6 Feb 2025 11:36 PM IST
New Delhi: The country’s largest lender SBI on Thursday reported an 84 per cent jump in standalone net profit to Rs 16,891 crore in the December...
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