Its asset quality improved with gross non-performing assets being at 4.7% at the end of March against 5.1% a year back. Net NPA was almost flat at 2.95% against 2.97%. The bank's operating profit grew 47.2% at Rs 440 crore against Rs 299 crore over the same period. The bank proposed Rs 1 dividend per equity share, i.e, 100% on face value of Rs 1 per equity share.
The order exempting motor vehicle and additional taxes along with registration fees for two and four-wheeled battery-operated electric vehicles and all categories of CNG-operated vehicles from April 1, 2022 to March 31, 2024 is as per the state finance minister's budget announcement for 2022-23. Industry watchers said that the exemption of registration fees and motor vehicle tax will act as a boost for increased demand for clean energy-run vehicles.
India's wheat exports stood at an all-time high of 7 million tonnes, valuing USD 2.05 billion, in 2021-22 on better demand of Indian wheat from overseas. Of the total wheat exports, around 50 per cent went to Bangladesh. Tomar said India has to also look after the foodgrain needs of its neighbours.
Earlier this week, a top adviser to WHO said the outbreak in Europe, U.S., Israel, Australia and beyond was likely linked to sex at two recent raves in Spain and Belgium. That marks a significant departure from the disease's typical pattern of spread in central and western Africa, where people are mainly infected by animals like wild rodents and primates, and outbreaks haven't spilled across borders.
Thirty-one regional parties, whose filings with the Election Commission were analysed, had got an income of about Rs 530 crore during 2020-21. The DMK reported the highest income of about Rs 150 crore followed by the YSR-Congress (Rs 108 crore) and BJD (Rs 73 crore)
Officials from the Group of Seven wealthy nations announced Friday that they will aim to largely end greenhouse gas emissions from their power sectors by 2035, making it highly unlikely that those countries will burn coal for electricity beyond that date.
In an order issued on Monday, the excise department of the Delhi government extended the Excise Policy 2021-22 for two months till July 31. The Excise Policy 2022-23 was approved by the Delhi Cabinet on May 5. It is yet to be approved by the lieutenant governor (L-G). For the extension, the licence-holders will have to pay a pro-rate licence fee for two months by May 31.
An expert committee set up by the road transport ministry to investigate the cases of electric two-wheelers catching fire and suggest remedial measures will submit its report next week, a senior government official said on Friday. Recently, there have been multiple incidents of electric vehicles (EVs) catching fire and resulting in deaths and severe injuries to people. The expert committee (formed to enquire into the incidents of electric two-wheelers catching fire) will submit it's report on Ma
Mobility giant Ola Electric is scouting for land to set up its cell and electric car factories and is in talks with multiple states, sources said. Ola Electric needs 1,000 acres of land to set up its cell gigafactory and electric car factory which is expected to attract an investment of Rs 10,000 crore. Some states are already vying, sources aware of the matter said. Ola Electric's four-wheeler ambitions are taking a serious shape with some concept designs almost ready. It is in talks with gover
In the nine-month period between June 2020 and March 2021, RBI had bought 33.9 tonnes of gold. The value of RBI's gold holdings rose as much as 30% to Rs 3.22 lakh crore. Of this, gold valued at Rs 1.25 lakh crore is held as an asset of RBI's issue department and gold (including gold deposit) valued at Rs 1.97 lakh crore is held as an asset of the banking department.
Nakagin Capsule Tower, a famed capsule hotel in downtown Tokyo, is made up of boxes stacked on top of each other. It is an avant-garde honeycomb of science-fiction-era housing long admired as a masterpiece.
As part of the cooperation, ACME and NYK will explore offering green ammonia to customers globally whereby ammonia would be supplied from ACME-developed projects and NYK will be the shipping partner. This is in furtherance of ACME's efforts to establish itself as a leading green ammonia player globally, said Rajat Seksaria, CEO of AMCE Group.
The project will help about 200 homebuyers, who were stuck since 2004. The lenders, that have taken over the 19-acre land from Vipul due to default on payments, restructured Rs 412 crore debt and transferred the project to Tulip Infratech. ET had reported about the transaction in March 2021.
A new terminal building at the Port Blair airport - named the Veer Savarkar International Airport - will be built by the Airports Authority of India by October this year, the Ministry of Civil Aviation.
Author Geetanjali Shree's Hindi novel Tomb of Sand' has become the first book in any Indian language to win the prestigious International Booker Prize.At a ceremony in London on Thursday, the New Delhi-based writer said she was completely overwhelmed with the olt from the blue as she accepted her prize, worth GBP 50,000 and shared with the book's English translator, Daisy Rockwell.Tomb of Sand', originally Ret Samadhi', is set in northern India and follows an 80-year-old woman in a tale the Boo
The Reserve Bank of India is committed to containing inflation while keeping growth in mind, governor Shaktikanta Das told MC Govardhana Rangan and Bodhisatva Ganguli in an interview, during which he also spoke about borrowing, crypto and the reform agenda. Edited excerpts:You had said that the May 4 interest rate hike was the beginning of reversal of the cuts. The next meeting of the monetary policy committee (MPC) is due on June 6-8. Is there a temptation to do the remaining 75 basis points in