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From the Sensex firms, Kotak Mahindra Bank tumbled 7.31% after the company reported a consolidated net profit of ₹4,472 crore for the June quarter. File | Photo Credit: AP Stock markets declined for the third day on Monday (July 28, 2025), with benchmark indices Sensex and Nifty tumbling nearly 1% following heavy selling in Kotak…
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Exemptions and deductions availed by corporate taxpayers resulted in ₹94,910 crore worth of revenue being foregone in 2019, which increased to ₹99,000 crore by 2023-24, according to data shared by Union MoS for Finance and BJP MP Pankaj Chaudhary on July 28, 2025. File | Photo Credit: Sansad TV/ANI Video Grab The government’s tax exemptions…
Congress’s Jairam Ramesh criticises Finance Minister’s remarks on private sector investment, urging government action to support incomes and protect Indian industries. File | Photo Credit: ANI , The Congress on Monday (July 28, 2025) claimed that the net foreign direct investment has fallen steeply while domestic investors are gripped by “fear and uncertainty”, as it…
According to Jammu and Kashmir MD, the bank has set a target of ₹5,000 crore loan in the agriculture sector this fiscal and he hopes to cross that mark with much ease. File | Photo Credit: The Hindu Jammu and Kashmir Bank’s focus on agriculture and retail lending has helped it register a record profit…
Union Finance Minister Nirmala Sitharaman during a debate in the Lok Sabha. | Photo Credit: PTI As many as 31,555 Central Government employees have opted for the Unified Pension Scheme (UPS) till July 20, 2025, and the last date to enrol under the scheme is September 30, 2025, the Parliament was informed on Monday (July…
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A view of the headquarters of Tata Consultancy Services (TCS) in Mumbai. | Photo Credit: Reuters Shares of Tata Consultancy Services (TCS) declined nearly 2% on Monday (July 28, 2025) after the company announced that it will lay off about 12,000 employees of its global workforce this year. Watch | TCS shares decline nearly 2%…
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The unique Earth observation satellite NASA-ISRO Synthetic Aperture Radar (NISAR) will be launched through the GSLV-S16 on July 30, said ISRO chairman V Narayanan. Weighing 2,392 kg, NISAR is a unique Earth observation satellite and the first to observe the Earth with a dual-frequency Synthetic Aperture Radar (NASA’s L-band and ISRO’s S-band) both using NASA’s…
Read More “NASA-ISRO mission to launch NISAR satellite on July 30, confirms ISRO chairman” »
Trump said many companies would be investing in semiconductor manufacturing in the United States [File] | Photo Credit: REUTERS The Trump administration will announce the results of a national security probe into imports of semiconductors in two weeks, U.S. Commerce Secretary Howard Lutnick said on Sunday, as U.S. President Donald Trump suggested higher tariffs were…
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Image used for representation purpose only. | Photo Credit: Reuters The rupee appreciated 9 paise to 86.43 against the U.S. dollar in early trade on Monday (July 28, 2025), tracking a softer greenback, though the upside for the local unit was limited as US-India tariff negotiations remained in focus. Forex traders said the rupee was…
Read More “Rupee rises 9 paise to 86.43 against U.S. dollar in early trade” »
A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty declined in early deals on Monday (July 28, 2025) dragged down by heavy selling pressure in Kotak Mahindra Bank and uncertainty related to the India-US trade deal. Persistent foreign fund outflows and weak trends in Asian…
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