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

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...

Finance Minister Advocates Increased Investment In Manufacturing Sector At CII Annual Summit

Finance Minister Nirmala Sitharaman called for increased focus on the manufacturing sector. During her address at the CII Annual Business Summit 2024 in Delhi, Sitharaman emphasized the significance of manufacturing alongside services. She stressed the necessity for heightened investment and government support to bolster the manufacturing sector. "Manufacturing must increase,...