New Delhi, Aug 12 — Indian Railway Catering and Tourism Corporation (IRCTC) on Wednesday reported a marginal decline in net profit for the first quarter of fiscal 2027 even as revenue recorded strong double-digit growth during the quarter.The state-owned company’s consolidated net profit stood at…
Mumbai, Aug 12 — Shares of Senco Gold tumbled as much as 10 per cent on Wednesday after the jewellery retailer reported its June quarter results, with investors focusing on pressure on profitability despite a sharp rise in revenue.The company’s consolidated net profit declined marginally to Rs 101…
New Delhi, Aug 12 — The Centre will launch the Central Bank Digital Currency (CBDC)-based Direct Benefit Transfer (DBT) under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) in the Union Territories of Chandigarh and Dadra & Nagar Haveli on August 14, a day ahead of Independence Day,…
Mumbai, Aug 12 — H.G. Infra Engineering Limited on Wednesday swung into a loss in the first quarter of FY27, even as its EBITDA rose sharply, helped by a significant improvement in operating margins.The Jaipur-based infrastructure company reported a consolidated net loss of Rs 45.1 crore for the…
New Delhi, Aug 12 — RailOne, the official app of Indian Railways is averaging 10 lakh daily ticket transactions and has been downloaded 4.76 crore times, Parliament was informed on Wednesday.The app handled about 2.79 lakh reserved tickets and 7.24 lakh unreserved tickets daily as on August 2,…
Mumbai, Aug 12 — The Reserve Bank of India on Wednesday issued a proposed harmonised framework for the determination of interest rates on both fixed-rate and floating-rate loans across banks, NBFCs, and other regulated lenders, with tighter rules around benchmark-linked lending and spread…
New Delhi, Aug 12 — Platform workers associated with companies such as Zomato, Swiggy, Blinkit, Ola, Uber and Urban Company can now use the National Pension System (NPS) to build a retirement corpus, with contributions starting from as little as Rs 99, it was announced on Wednesday.The Pension Fund…
New Delhi, Aug 12 — A SpiceJet flight from Delhi to Pune turned into a nearly nine-hour ordeal for passengers, with several travellers alleging that a malfunctioning air conditioning system left them struggling in sweltering cabin conditions before the airline eventually arranged an alternate…
New Delhi, Aug 12 — The cooperative‑led digital mobility platform Bharat Taxi, has registered 8.48 lakh drivers, 44.27 lakh customers and facilitates 11,106 daily rides across the country, the Parliament was informed on Wednesday.Union Home Minister and Minister of Cooperation, Amit Shah told Rajya…
Kolkata, Aug 12 — The Linke Hofmann Busch (LHB) rake for Bangladesh, to be rolled out by Rail Coach Factory (RCF) at Kapurthala on Wednesday will have a prayer room and a baby care space. The roofs of the coaches have also been strengthened to allow people to travel on them during peak…
New Delhi, Aug 12 — Nearly 90 per cent of India’s global capability centre leaders said they are confident of retaining global leadership through 2030 despite citing unresolved talent and skill gaps in AI and sector knowledge, a report said on Wednesday.The report from PwC India and FICCI said at…
New Delhi, Aug 12 — Women remain significantly underrepresented in the top leadership ranks of India's largest listed companies, with only nine serving as chief executive officers and 25 as managing directors across the country's top 500 listed firms, the Parliament was informed on…
New Delhi, Aug 12 — China’s leadership is continuing with its thrust on developing its “AI plus” initiative, pushing for breakthroughs in frontier technology, building new pillar industries in pursuit of national power while ignoring its weak consumer demand at home, which enables the country to…
New Delhi, Aug 12 — The organised security and facility management companies are expected to see revenues rise about 9–10 per cent this fiscal as labour reforms tighten compliance, a report said on Wednesday.Labour reforms are tightening compliance standards, leading to stricter payment discipline…
Seoul, Aug 12 — The South Korean customs agency said on Wednesday it has agreed with its Indian counterpart to bolster cooperation in customs affairs and facilitate smoother trade between the two countries.The Korea Customs Service (KCS) said it met with officials from India's Central Board of…
New Delhi, Aug 12 — Pakistan has recorded about 700,000 stillbirths annually, the highest number globally, while 42 out of every 1,000 babies die within their first month of life, giving the country the world's highest neonatal mortality rate, according to a report.A report published in The News…
New Delhi, Aug 12 — The government on Wednesday said the compounded annual growth rate (CAGR) of manufacturing GVA at constant prices as per the revised series during 2022-23 to 2025-26 is 10.88 per cent.Minister of State (Independent Charge) Rao Inderjit Singh informed the Lok Sabha that the…
Mumbai, Aug 12 — Shares of Tata Group companies came under broad selling pressure on Wednesday after N. Chandrasekaran decided not to seek reappointment as chairman of Tata Sons, wiping out more than Rs 68,000 crore in combined market capitalisation despite gains in a handful of group stocks.The…
New Delhi, Aug 12 — India's retail inflation, based on the new Consumer Price Index (CPI) series, edged up to 4.45 per cent in July, compared to the same month of the previous year, according to data released by the Ministry of Statistics on Wednesday.The commodities that posted the highest…
Bengaluru, Aug 12 — The Government of Karnataka and the Consulate General of Israel in Bengaluru on Wednesday held the Karnataka-Israel Cyber Dialogue 2026, bringing together government officials, industry leaders, startups, academia and cybersecurity experts to explore deeper collaboration in…
New Delhi, Aug 12 — Indian non-banking financial company fintechs saw their portfolio outstanding expand 21.2 per cent year‑on‑year as of June 2026, driven by stronger underwriting and a shift toward higher‑ticket credit, a report said on Wednesday.NBFC Fintechs entered a maturing phase marked by…