HDFC Life Insurance announced its fourth quarter results for FY25 on April 17, showing a 16 percent increase in net profit. The company reported a net profit of Rs 477 crore, up from Rs 412 crore in the same quarter last year. The company’s net premium income for the quarter stood at Rs 23,766 crore, […]
HDFC Life Q4 Results: Net Profit Rises 16%, Dividend of Rs 2.1 per Share Announced Read More »
Infosys Ltd, India’s second-largest IT services company, reported a 12 percent year-on-year drop in its net profit for the fourth quarter of FY25. The company posted a net profit of Rs 7,033 crore, which is lower than the analysts’ expectation of Rs 7,278 crore. However, on a quarter-on-quarter basis, the company’s net profit rose by
Gold prices touched another all-time high as global trade tensions and comments from US Federal Reserve Chief Jerome Powell increased demand for safe-haven assets. On Thursday, gold rose as much as 0.4 percent to reach $3,357.78 per ounce before giving up some gains. This strong move followed a sharp 3.5 percent jump in gold prices
Gold Prices Hit Fresh Record High as Global Trade War Fears Boost Safe-Haven Demand Read More »
Gold prices in India made a new record on April 16, with MCX gold crossing the Rs 95,000 mark for the first time ever. The price touched Rs 95,066 per 10 grams before settling at Rs 95,000 around 1:04 pm, which was 1.66 percent higher for the day. This big rise in gold prices is
Shares of Indian Renewable Energy Development Agency (IREDA) opened nearly 7 percent higher on April 16 after the company posted strong financial results for the March 2025 quarter. The company’s net profit rose sharply by 49 percent to Rs 501.55 crore, compared to Rs 337.39 crore in the same quarter last year. The solid growth
IREDA Shares Climb 7% After Strong Q4 Results; Net Profit Jumps 49% in March Quarter Read More »
Shares of Gensol Engineering Ltd (GEL) are likely to stay in focus on April 16 after market regulator SEBI passed a strict interim order against the company and its promoters. The action was taken due to serious concerns about misuse of funds and wrong information being given to investors. SEBI has barred GEL promoters Anmol
Indian stock markets made a strong recovery on Tuesday, with Sensex jumping more than 1,750 points and Nifty crossing the 22,300 mark. This big rally helped investors become richer by ₹10.9 lakh crore in just one day. It was one of the biggest single-day gains seen in the past few months. After a weak performance
Retail inflation in India fell to 3.34% in March 2025, the lowest level seen in 67 months. This is a sharp drop from 3.61% in February. The main reason behind this fall is the steady decline in food inflation, especially in prices of vegetables, eggs, and pulses. This is the second month in a row
India’s Retail Inflation Hits 67-Month Low of 3.34% in March as Food Prices Drop Read More »
Swiggy, a well-known platform for food delivery and quick commerce, has launched a new app called Pyng. This new platform marks Swiggy’s entry into the professional services space, aiming to help people in Indian cities find reliable and skilled experts easily. According to Swiggy, Pyng is designed to solve a major problem faced by many
The Trump administration has put a hold on over $2.2 billion in grants and contracts given to Harvard University, as the institution refused to follow recent demands made by the US government regarding campus rules and governance. In a letter sent to Harvard, the administration demanded big changes, such as bringing in “merit-based” admission and
