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Plastic currency likely to be introduced next year in India
New Delhi, July 19: Over 10 years after demonetisation, India is likely to see introduction of currency notes in polymer, or plastic.
The Reserve Bank of India (RBI) is reportedly preparing to roll out currency notes of Rs 10 and Rs 20…
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Monsoon to gather strength in the coming week: IMD
New Delhi, July 19: The Monsoon, which has not been strong enough so far in July, is staging a strong comeback, according to the India Meteorological Department (IMD).
Nationwide, there has been a rainfall deficit of 24 per cent so far,…
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Gas output at KG-D6 fields of Reliance-BP fell 7% in June quarter
Mumbai, July 19: The production of natural at the KG-D6 fields operated by Reliance Industries Ltd (RIL) and BP Plc fell by nearly 7 per cent year-on-year in the June quarter.
Production from the second-wave of discoveries in the KG-D6…
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Yes Bank reports 34% rise in profits in Q1 of FY27
New Delhi, July 18: Yes Bank today reported a 34 per cent increase in its profits in the first quarter of financial year 2027.
The private bank posted a net profit of ₹1,070 crore ($111.13 million) for the three months ended June 30, up…
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Kotak Mahindra Bank reports 23% rise in consolidated net profit in Q1 of FY27
New Delhi, July 18: Kotak Mahindra Bank today posted a 23 per cent year-on-year (YoY) increase in consolidated net profit to Rs 5,480 crore for the quarter ended June (Q1FY27).
In the corresponding quarter last…
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PNB reports 3-fold jump in net profit to reach ₹5,253 crore in Q1 of FY27
New Delhi, July 18: State-owned Punjab National Bank (PNB) today reported more than three-time jump in standalone net profit at ₹5,253 crore for the quarter ended June 30, 2026.
It had posted a net profit of ₹1,675 crore in the year-ago…
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ICICI Bank reports net profit increase of 14% to ₹15,440 crore in Q1 of FY27
New Delhi, July 18: ICICI Bank has reported a consolidated net profit increase of 13.9 per cent year-on-year to ₹15,440.06 crore in the quarter ended June 30, 2026.
The operating profit of India's second largest lender increased…
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HDFC Bank reports net profit rise of 5% to ₹19,060 cr in Q1 results of FY27
New Delhi, July 18: HDFC Bank, India's largest private sector lender, today reported a 5 per cent year-on-year (YoY) increase in the standalone net profit to ₹19,060 crore for the quarter ended June (Q1FY27).
The net profit rise is…
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IDBI Net profit rises 5% to ₹2,115 crore in Q1 of FY27
New Delhi, July 18: IDBI Bank today reported a 5 per cent increase in its net profit at Rs 2,115 crore for the first quarter of the current financial year.
In the same quarter of the previous financial year, the bank had earned a net…
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Reliance Industries reports drop of 22% in Q1 Net profit
Mumbai, July 17: Reliance Industries Limited (RIL), led by Mukesh Ambani, today reported a drop of 22.40 per cent year-on-year (YoY) in consolidated net profit at Rs 20,946 crore for the June quarter compared with Rs 26,994 crore in the…
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