Banks were advised to further strengthen risk management, underwriting practices, and operational resilience to sustain profitability in an evolving financial environment.” | Photo Credit: AJAY VERMA Public sector banks reported nearly 10 per cent growth in net profit during April-September period of current fiscal, Finance Ministry data showed. In a review meeting with PSBs on […]
The United States (US), UAE, Austria, Netherlands, and the United Kingdom remained the top destinations for Indian mobile phone exports, said India Cellular & Electronics Association (ICEA) in its latest report. | Photo Credit: LUC GNAGO India’s mobile phone exports have registered a strong performance during the first half of this financial year (April-September), estimated […]
NEW DELHI: The road transport and railway ministries have achieved a record capital expenditure utilisation of 63% and 56.5%, respectively, during the first half of the current financial year. The combined capex of the two ministries by Sept end was over Rs 3.1 lakh crore, as against the budgetary allocation of Rs 5.2 lakh crore […]
The government will borrow ₹8 lakh crore through dated securities during April-September period of fiscal year 2025-26, the Finance Ministry said on Thursday. This is 54 per cent of the budget estimates and slightly higher than the current fiscal. The government has budgeted ₹14.82 lakh crore as gross borrowing for FY 2025-26. April-September (first half) […]
