[ad_1] ICICI Bank on Saturday announced a 15.7% year-on-year increase in its consolidated net profit for the January–March quarter, reaching Rs 13,502 crore.On a standalone basis, the private sector lender’s net profit rose by 18% to Rs 12,630 crore, compared to Rs 10,708 crore in the same quarter last year.The bank’s core net interest income…
[ad_1] Robert Kiyosaki, the author of the best-selling personal finance book Rich Dad Poor Dad, has issued a stark warning to Americans and global investors: the financial collapse he has long predicted is now underway.In a recent public statement shared on social media, Kiyosaki pointed to several alarming trends—including record-high credit card debt, surging US…
[ad_1] Representative image (Picture credit: ANI) India’s central bank saw a sharp jump in the value of its gold reserves during the week ending April 11, driven by a global rally in gold prices amid heightened geopolitical and economic uncertainty.According to data released by the Reserve Bank of India (RBI) on Friday, the value of…
[ad_1] BENGALURU: Fintech unicorns PhonePe and Razorpay have transitioned into public limited companies, signalling a step forward in their long-term plans to go public in India.The recent regulatory filings showed that PhonePe approved its conversion on April 3. The process includes changing the company’s name from PhonePe Private Limited to PhonePe Limited, though it still…
[ad_1] Representative AI image via Lexica The US economy may be heading into rough weather — and when America slows down, the world feels the tremors. With Trump tariffs putting global trade under pressure and India closely tied to both the US and China, a possible recession in the US can, at the very least,…
[ad_1] NEW DELHI: Govt on Friday clarified that it is not considering to levy GST on UPI transactions above Rs 2,000. Clarifying on reports, which said govt is considering levying GST on UPI transactions over Rs 2,000, the finance ministry said they are false, misleading, and without any basis.GST is levied on charges, such as…
[ad_1] Wallet refunds will take up to 90 days: BluSmart BENGALURU: Electric cab aggregatorBluSmart has pushed the timeline for refunding wallet balances to users to 90 days, up from six days earlier this week, amid a pause in ride bookings across cities where it operates.Several users have taken to social media to express concerns over…
[ad_1] Fitch Ratings on Thursday cut India’s GDP growth estimate by 10 basis points to 6.4% for the current fiscal, but retained the projections for the next financial year, on concerns over a severe escalation in global trade war.“It is hard to predict US trade policy with any confidence. Massive policy uncertainty is hurting business…
[ad_1] NEW DELHI: The United States has told the World Trade Organization (WTO) that its decision to impose tariffs on steel and aluminium imports was taken on national security grounds, not as a safeguard measure, a key distinction that challenges India’s formal complaint filed earlier this month.In a communication dated April 17, the US said…
[ad_1] NEW DELHI: National Company Law Appellate Tribunal (NCLAT) has dismissed appeals filed by the BCCI and Byju’s board member Riju Raveendran, rejecting their request to withdraw insolvency proceedings and allow a settlement between debt-ridden edtech firm and the cricket board.The appellants had challenged the February 10, 2025 order by the Bengaluru bench of the…
