business

PM Modi praises banking sector after net profit surpasses Rs 3 lakh cr in FY24

In the previous financial year, private sector banks reported a net profit of Rs 1.78 lakh crore, while state-owned banks reported Rs 1.41 lakh crore.

Norway wealth fund blacklists Adani ports, says company has ties to war

On Wednesday, Norges Bank Investment Management (NBIM) that manages the fund announced the decision in which it also excluded US-based L3Harris Technologies Inc., which develops components for nuclear weapons, and China’s Power Co., based on concerns that it is contributing to the sale of military equipment to Russia and Belarus.

Air India Express operations resume to normal after week-long cabin crew strike

US entrepreneur calls Elon Musk ‘Biggest loser’ on choosing China over India for Tesla manufacturing unit

Wadhwa said that "Elon is going to be the biggest loser" by picking China over India for manufacturing the Tesla electric cars.

Experts warn of increased overspending as UPI payments in India surge

The seamless digital payment system facilitated by UPI has led to increased overspending on items that individuals may not necessarily require.

Air India saves the day; will operate flights on 20 routes for Air India Express

On Wednesday, the Air India Express took strict disciplinary action and handed out termination letters to some 30 protesting employees.