Reliance Q4 Net Profit Falls 12.5% on Energy Crisis
Reliance Industries reported a 12.5% drop in Q4 net profit due to energy crisis and lower refining margins, missing estimates.
Category : Business
Reliance Q4 Net Profit Drops 12.5% to Rs 16,971 Crore
Reliance Industries reported a 12.5% decline in Q4 net profit to Rs 16,971 crore, impacted by the Middle East crisis. Revenue rose 13% to Rs 2.98 lakh crore.
RBI Cancels Paytm Payments Bank Licence: Customer Guide
The RBI has revoked Paytm Payments Bank's licence, impacting millions of customers. Learn what this means for your deposits and account access.
Rs 590 Crore IDFC First Bank Scam: Gold Bought via Shell Firms
A massive Rs 590 crore scam at IDFC First Bank has been uncovered, with Rs 200 crore worth of gold purchased through shell firms using government funds. Investigation reveals multiple entities involved.
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RBI Cancels Paytm Payments Bank Licence
The Reserve Bank of India has cancelled the banking licence of Paytm Payments Bank, effective April 24, 2026, citing non-compliance and harm to depositor interests. The bank will be wound up.
Gold Silver Drop for Third Day on Strengthening US Dollar
Gold and silver prices fell for the third consecutive day due to a stronger US dollar and rising bond yields, impacting demand for safe-haven assets.
TNPL posts ₹248 crore PAT in FY26 aided by tax reversal
TNPL reported a sharp rise in profit after tax to ₹248 crore in FY26 from ₹4 crore, boosted by a deferred tax reversal. Revenue rose modestly to ₹4,721 crore.
Rupee Weakens to Over a Decade Low Against Global Peers
The Indian rupee has fallen nearly 5% in 2025, reaching a record low against the dollar and weakening against other currencies. Its real effective exchange rate dropped to 92.72, well below the long-term average.
Investors Lose Rs 7.17 Lakh Crore in Market Slump
Investors' wealth plummeted by Rs 7.17 lakh crore in three days due to a sharp market downturn, driven by global cues and selling pressure.
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DG Global Governance Expands Worldwide Under Divyang Gandhi
DG Global Governance and Advisory, led by Divyang Gandhi, expands globally with a dynamic team, offering strategic consulting and governance solutions.
India's Bioeconomy to Hit $1 Trillion by 2047: Minister
Union Minister Jitendra Singh stated that the 21st century belongs to India, projecting the bioeconomy to reach USD 1 trillion by 2047, driven by innovation and policy support.
EV Homes Gets OC for Shraddha CHS in Navi Mumbai
EV Homes Constructions has received the Occupancy Certificate for Shraddha CHS, marking the completion of a large-scale redevelopment project in Navi Mumbai. The achievement highlights speed, transparency, and quality in urban renewal, fulfilling dreams o
Infosys Shares Tank 7% After Earnings, Market Cap Down Rs 35,746 Cr
Infosys shares fell 7% following its Q4 earnings announcement, eroding Rs 35,746 crore in market value. The drop came as the company's guidance disappointed investors.
ABBS Kairos 2026 Mega Pool Drive Connects 500 Candidates with 33 Recruiters
Acharya Bangalore B School's Kairos 2026 mega pool drive connected 500 candidates with 33 leading recruiters, offering diverse job opportunities across sectors.
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Sensex Crashes Over 1,000 Points on Oil Surge, IT Selloff
The BSE Sensex plunged over 1,000 points on Monday as rising oil prices and heavy selling in IT stocks spooked investors. Nifty also fell sharply.
Paimana Portal Tracks 1,941 Projects Worth Rs 41.50 Lakh Crore
The Paimana portal now monitors 1,941 infrastructure projects valued at Rs 41.50 lakh crore as of March, enhancing transparency and efficiency in project execution.
Payroll Readiness Checklist for Growing Indian Firms
A comprehensive payroll readiness checklist for growing Indian companies, covering compliance, automation, data security, and employee self-service to ensure smooth payroll management.
Credit Guarantee Fund Trust for MSEs: Role of Guarantees in MSME Finance
The Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) emphasizes how credit guarantees improve MSME access to finance, reducing lender risk and enabling collateral-free loans for small businesses.
Customizing Car Insurance: A New Trend Among Indian Drivers
Indian drivers are increasingly customizing car insurance policies to match their specific needs, opting for add-ons like zero depreciation and engine protection.
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JPMorgan downgrades India, warns Nifty could fall to 20,500
JPMorgan cuts India rating to neutral, warns Nifty could drop 15% to 20,500 in bear case. High valuations, Iran conflict, and earnings risks cited.
Raipur Malls Must Offer Free Parking: Consumer Forum
Raipur consumer commission rules premium city malls cannot charge parking fees, must provide free parking for two-wheelers and four-wheelers, citing consumer rights.
Markets Slump for 3rd Day: Sensex Drops 1k Points
Indian markets fell for the third consecutive day, with Sensex plunging 1,000 points, driven by surging oil prices, massive IT stock selloffs, foreign fund outflows, and global tensions.
India Defence Now Relies on Private Startups: Garuda CEO
Garuda Aerospace CEO Agnishwar Jayaprakash says India's defence ecosystem increasingly depends on private startups for innovation and manufacturing, boosting self-reliance.
Ageas CEO on India Plans, Bancassurance, and Growth
Ageas Group CEO Hans De Cuyper discusses plans to scale up in India, bancassurance trends, regulatory impacts, and the insurer's global strategy in an exclusive interview.
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Rupee Falls 22 Paise to 94.23 Against US Dollar
The Indian rupee weakened by 22 paise to close at 94.23 against the US dollar on Friday, as uncertainty over ship movement through the Strait of Hormuz and global fuel price volatility triggered selling in domestic equity markets and foreign fund outflows
Global Property Hotspots: 5 Most Valuable Residential Markets
Discover the top five most valuable residential markets globally, led by China and the US, based on the 2025 Savills report. Learn how these countries dominate global housing wealth.
Kolkata Bars Await Super Friday After Rs 650 Crore Losses
Kolkata's bars and off-shops hope for a revival on Super Friday after losing Rs 650 crore from Monday to Thursday. Restrictions on bottle sales and operating hours remain challenges.
Crude Oil Futures Drop to Rs 9,127/Barrel
Crude oil futures declined to Rs 9,127 per barrel on Monday due to weak demand, despite global market volatility from US tariffs on China and recession fears.
India to Import Record 2.5M Tons of Urea at Double Price
India plans to import a record 2.5 million metric tons of urea at double the price to meet domestic demand, impacting farmers and the economy.
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Consumption, Predictable Policies Key for GDP: FM Sitharaman
Finance Minister Nirmala Sitharaman says consumption is driving growth and predictable policies are essential for India's GDP. She urged banks to focus on physical customer contact.
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