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BUSINESS

SpaceX conducts starship test flight even as shares slide
BUSINESS

SpaceX conducts starship test flight even as shares slide

New Delhi, July 25 — US aerospace company SpaceX launched its Starship vehicle in a test flight to validate technology central to CEO Elon Musk’s ambitions for Starlink expansion, as the company's stock continues to slide.The rocket’s Super Heavy booster detached from the Starship spacecraft nearly…

Wages credited directly under VB–G RAM G scheme: Centre
NATIONAL

Wages credited directly under VB–G RAM G scheme: Centre

New Delhi, July 24 — To ensure timely wage payments under the VB–G RAM G rural employment scheme, the Rural Development Ministry has implemented the National Electronic Fund Management System (NeFMS) and Direct Benefit Transfer (DBT), under which wages are directly credited into the bank accounts…

Shakti Pumps Q1 net profit drops 47 pc to Rs 51.6 crore
BUSINESS

Shakti Pumps Q1 net profit drops 47 pc to Rs 51.6 crore

New Delhi, July 24 — Shakti Pumps (India) Limited on Friday reported a sharp 46.7 per cent decline in its consolidated net profit for the April-June quarter (Q1 FY27), as lower operating margins weighed on earnings despite robust growth in revenue.The company posted a consolidated net profit of Rs…

Jindal Steel's Q1 net profit falls 44 pc to Rs 844 crore
BUSINESS

Jindal Steel's Q1 net profit falls 44 pc to Rs 844 crore

Mumbai, July 24 — Jindal Steel on Friday reported a 43.6 per cent year-on-year (YoY) decline in its consolidated net profit to Rs 843.8 crore for the quarter ended June 30 (Q1 FY27).The company's consolidated net profit fell from Rs 1,495.97 crore in the corresponding quarter of the previous…