Page 1569 - Press Trust Of India

Indus Towers Q2FY25 results: Net profit increases 72% to Rs 2,224 cr

Notably, Q2 FY25 had a write-back of Rs 1,077 crore in provision for doubtful receivables, aided by collections against past overdue, the company said in its earnings release

Better trade ties expected as India, China achieve LAC breakthrough

India on Monday announced it has reached an agreement with China on patrolling along the Line of Actual Control (LAC) in eastern Ladakh

Trai releases consultation paper on T&C of network authorisations

DoT had approached Trai, through a letter dated July 26, 2024, asking it to provide recommendations on terms and conditions, including fees or charges

CCPA sends notices to several quick commerce cos over disclosure violations

Quick commerce, which offers ultra-fast delivery of groceries and daily essentials, has gained significant traction in India's major cities, attracting consumers and venture capital investment

IMF predicts India's GDP growth to moderate to 7% in 2024, 6.5% in 2025

According to the latest Economic Survey, the GDP growth in 2024-25 is expected to moderate to 6.5 to 7 per cent from 8.2 per cent in 2023-24

Prefer Indicorns over Unicorns for a Indian approach to biz: Kunal Bahl

The term "unicorn" was created by a venture capitalist in the US to describe companies valued at over $ 1 billion -- "a mythical figure", the entrepreneur-turned-investor said

Sebi issues framework on ties between intermediaries, unauthorised advisors

This came after Sebi in August amended rules aimed at regulating associations between intermediaries, like stock exchanges, clearing corporations and depositories

RBI move to slow down gold loan growth, lead to uptick in default: CRISIL

"Potentially, this could impact gold loan disbursements during the transition phase and curb growth in the business," the note by Crisil said

RBI move to slow down gold loan growth, lead to uptick in default: CRISIL

The report examined the cities of Delhi, Ahmedabad, Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai, Pune, Shimla, and Varanasi

India, Pak renew pact on Sri Kartarpur Sahib Corridor for next 5 yrs: MEA

In view of the continued requests of the pilgrims regarding the removal of $ 20 service charge levied by Pakistan per pilgrim per visit, India has once again urged Pakistan to not levy any fee

Sluggish capex, war on pricing dragged loan growth in Q2: Union Bank CEO

Speaking to reporters, the MD and CEO said the bank had envisaged a pick-up in private capex, but the same did not turn up, leading to a muted growth in overall corporate advances

Sebi asks registered entities to end contracts with unregistered advisors

This is part of Sebi's move to curb unauthorized financial advice and performance claims in the securities market

Maha polls: Delay in seat allocation sparks unease among smaller MVA allies

Aspirants from various parties are flocking to MVA offices seeking tickets as the nomination filing process got underwaywith a deadline of October 29

Bengal braces for cyclonic storm, schools to close from Oct 23-26: Mamata

She said teams of the National Disaster Response Force (NDRF) and SDRF have already been deployed and integrated control rooms, at both state and district levels, become functional 24X7

To curb air pollution, parking charges in Lutyens' Delhi likely to double

Under normal parking charges for surface parking at the NDMC parking lots, four-wheelers are charged Rs 20 per hour (with a maximum of Rs 100 for a day), while two-wheelers are charged Rs 10 per hour

BSNL launches 7 new services, innovative asset monetisation plans in works

Sporting a brand new logo, BSNL also introduced low latency 5G connectivity for mining operations in partnership with the Centre for Development of Advanced Computing (CDAC)

China gives $100,000 as humanitarian assistance to Sri Lanka after floods

The president's office in a statement said Chinese Ambassador Qi Zhenhong met Dissanayake and handed over the donation

Total ban on drone imports to encourage local startups, says minister Naidu

The Civil Aviation Minister noted that the government banned drone imports as it does not want some other country or company to benefit at the cost of India

Loan portfolio of microlenders decline 2.3% in Q1, NPAs rise: Report

Over-leveraging among the borrowers is being flagged as a key aspect, impacting asset quality

Govt enforces new amendments to Rights of Persons with Disabilities rules

Additionally, the new rules ensure that medical authorities must issue disability certificates and UDID cards within three months of a diagnosis