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Friday, November 15, 2024
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Kanika Sharma

Kanika Sharma

Kanika Sharma

Senior Sub-Editor

IndiGo Q2 Results: Airline Posts Rs 986 cr Loss Due To Higher Fuel Costs

IndiGo Q2 Results: Airline Posts Rs 986 cr Loss Due To Higher Fuel Costs

October 25, 2024

IndiGo, India's largest airline, reported a net loss of ₹986.7 crore for the quarter ending in September, primarily due to the grounding of planes and increased fuel expenses. In the same period last year, the airline had posted a profit of ₹188.9 crore. CEO Pieter Elbers noted that despite the...

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Income Inequality Declines, 74.2% Are Earning Up To Rs 5 Lakh

Income Inequality Declines, 74.2% Are Earning Up To Rs 5 Lakh

October 25, 2024

A recent report from the State Bank of India (SBI) reveals a significant 74.2% reduction in income disparity for individuals earning up to ₹5 lakh annually between the fiscal years 2013-14 and 2022-23. This analysis challenges the common perception of increasing inequality in India. The SBI Economic Department's report examined...

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IDBI Bank Q2 Results: PAT Up 39% At Rs 1,836 Crore

IDBI Bank Q2 Results: PAT Up 39% At Rs 1,836 Crore

October 25, 2024

IDBI Bank reported a notable 39% increase in net profit, reaching ₹1,836 crore for the quarter ending September 30, 2024, driven by improved interest income. In the same quarter last year, the bank had a net profit of ₹1,323 crore. Total income for the bank rose to ₹8,754 crore, up...

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JSW Steel Q2 Results: Net Profit Plummets Over 85% To ₹404 Crore

JSW Steel Q2 Results: Net Profit Plummets Over 85% To ₹404 Crore

October 25, 2024

JSW Steel reported a larger-than-anticipated decline in its second-quarter profit, with net earnings plunging over 85% to ₹404 crore ($52.23 million) for the quarter ending June 30. This sharp drop was primarily driven by a surge in imports of cheap finished steel, which pressured domestic prices to multi-year lows amid...

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What is Muhurat Trading? Can We Buy Stocks During Muhurat Trading?

What is Muhurat Trading? Can We Buy Stocks During Muhurat Trading?

October 25, 2024

Mark your calendars for Diwali Muhurat Trading 2024! This special one-hour trading session will take place on November 1, 2024, from 6:15 PM to 7:15 PM. This is an auspicious opportunity to engage in the Indian equity market during a time traditionally associated with wealth and prosperity. Prepare your investment...

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Dhanteras 2024: Date, Significance, Shubh Muhurat Timings!

Dhanteras 2024: Date, Significance, Shubh Muhurat Timings!

October 25, 2024

As the festival season approaches, the excitement builds for Dhanteras, which heralds the beginning of Diwali on October 29, 2024. This auspicious occasion celebrates wealth and health, with devotees honoring Lord Kuber, the deity of wealth, and Lord Dhanvantri, the god of medicine. It’s a time for shopping, cleansing rituals,...

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Gold Rate Today 25-10-2024: Check Latest Prices In Your City

Gold Rate Today 25-10-2024: Check Latest Prices In Your City

October 25, 2024

Gold rate in Delhi: Gold rate in Delhi today is ₹79633.0/10 grams. Yesterday on 24-10-2024, the price of gold was ₹79803.0/10 grams, and last week, the price on 19-10-2024 was ₹79163.0/10 grams. Silver rate in Delhi: Silver rate in Delhi today is ₹105000.0/Kg. Yesterday on 24-10-2024, the price of silver...

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PNB Housing Finance Shares Surge 11% After Strong Q2 Results

PNB Housing Finance Shares Surge 11% After Strong Q2 Results

October 25, 2024

Shares of PNB Housing Finance surged 10.90% to ₹1,035 on the BSE during Friday's intraday trading, following the company’s robust earnings report for the second quarter of the financial year 2024-25 (Q2FY25). The company posted a net profit of ₹470 crore for the quarter ending in September, reflecting a 23%...

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Sensex Down 350 Pts, At 79,700, Nifty At 24,250; Bank, Auto Drag, FMCG Up

Sensex Down 350 Pts, At 79,700, Nifty At 24,250; Bank, Auto Drag, FMCG Up

October 25, 2024

The Indian benchmark equity indices, BSE Sensex and Nifty 50, experienced a decline on Friday, with Sensex dropping 384.43 points (0.48%) to 79,680 and Nifty down 144.35 points (0.59%) to 24,255 by 10 AM. This came after a volatile start, initially opening with slight gains. Among the 30 Sensex stocks,...

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Haryana Govt Raises DA Of Govt Employees, Pensioners By 3%

Haryana Govt Raises DA Of Govt Employees, Pensioners By 3%

October 23, 2024

The Haryana government, led by Chief Minister Nayab Singh Saini, has announced a 3% increase in the dearness allowance (DA) and dearness relief for its employees and pensioners, effective from July 1, 2024. According to the official order, the DA and relief will rise from the current rate of 50%...

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