India’s parliamentary watchdog has called on the oil ministry for clearer accountability on how new exploration awards and licensing policy rounds will boost domestic crude production amid continued decline and investment discrepancies. India’s parliamentary watchdog on petroleum has pressed the…
Trent reports a 22% quarterly profit increase driven by aggressive expansion into Tier II and Tier III cities, offsetting rising costs amid shifting consumer spending patterns across India. Trent reported a 22% rise in quarterly profit on Thursday as the…
India’s sovereign gold bond scheme, once seen primarily as a gold substitute, has evolved into a more sophisticated and regulated component of household wealth management, despite recent tax rule changes affecting capital gains exemption. India’s Sovereign Gold Bond scheme was…
Gold prices surged over 1% in Asian trading, reaching a seven-week high amid softer oil prices, declining inflation concerns, and shifting market sentiment on geopolitical risks. Investors await US labour data with expectations of higher gold prices ahead. Gold extended…
India is on course to exceed its ₹80,000 crore fundraising goal through state-run company stake sales, buoyed by the largest LIC divestment in years and promising progress on IDBI Bank stake sale, amid ongoing fiscal pressures. India is on track…
State Bank of India shares rose 3.5% on Friday following a stronger-than-expected June quarter performance, with net profit surpassing analyst expectations and asset quality improving, signalling resilience amid market uncertainties. State Bank of India shares rose 3.5% on Friday after…
Mumbai-based Lupin Ltd reported a 16% increase in quarterly profit, driven by robust sales across its key markets, especially the US, signalling strong start to the financial year amid broad-based growth. Lupin Ltd has started the financial year with a…
Investors anticipate varied quarterly results with Kaynes Technology expected to report strong growth amid concerns over margins, while Inox Wind, Titan, and Oil India face challenges or cautious outlooks ahead of earnings announcements. Kaynes Technology, Inox Wind, Titan and Oil…
AI-enabled accounting technology is transforming routine financial tasks for small and medium-sized enterprises, offering increased efficiency and accuracy while prompting ongoing ethical and regulatory discussions. Artificial intelligence is steadily reshaping accounting, particularly for micro, small and medium-sized enterprises that want…
A woman from Krishna district in Andhra Pradesh fell victim to a sophisticated cyber scam, losing Rs 1.43 crore after scammers impersonated Delhi Police to orchestrate a false money-laundering investigation, prompting police to intensify awareness campaigns across the state. A…
