Country Financial News

DLF Ltd on Monday reported a 62 per cent increase in its consolidated net profit to ₹920.71 crore in the quarter ended March on higher income amid strong housing sales. Its net profit stood at ₹570.01 crore in the year-ago period. Total income rose to ₹2316.70 crore in the fourth quarter of 2023-24 fiscal from ₹1,575.70 crore in the corresponding period of the previous year, according to a regulatory filing.

Madhya Pradesh, 55.90 per cent in Bihar, 63.37 per cent in Jharkhand, 52.75 per cent in Maharashtra, 57.88 per cent in Uttar Pradesh, etc. 1. After witnessing a drop in the first three phases of the Lok Sabha elections in 2024, the Election Commission of India (ECI) expects to improve the voting turnout in the subsequent phases.

₹1 lakh will be credited into her bank account. Results for the ongoing seven-phased Lok Sabha Elections are scheduled to be announced on June 4. ALSO READ: Sitharaman challenges Rahul to tell how Congress’ ‘Khata Khat’ schemes will work The Congress leader and party’s candidate from the Raebareli constituency said: “If they can make 22 billionaires, we can make crores of ‘lakhpatis’." Earlier on Friday, in an appeal to voters to come out in large numbers and exercise their franchise, Rahul Gandhi posted on X: “Today is the fourth phase of voting! It has become clear in the first three phases that the Indian government is going to be formed on June 4.

DLF Ltd on Monday reported a 62 per cent increase in its consolidated net profit to Rs 920.71 crore in the quarter ended March on higher income amid strong housing sales. Its net profit stood at Rs 570.01 crore in the year-ago period. Total income rose to Rs 2316.70 crore in the fourth quarter of 2023-24 fiscal from Rs 1,575.70 crore in the corresponding period of the previous year, according to a regulatory filing.

special court for people's representatives in Bengaluru on Monday granted bail to senior JDS MLA HD Revanna after concluding a hearing on his bail petition.

private equity firm Warburg Pincus has fully acquired Shriram Housing Finance Ltd (SHFL) from its promoter Shriram Finance and minority shareholder Valiant Capital Management for Rs 4630 crore, in the largest M&A deal in the housing finance sector.

Joint Military Exercise SHAKTI commenced at Umroi, in a fully developed and modern Foreign Training Node in Meghalaya.

Also Read: Maldivian defence minister admits 'no pilots fully operational' as Indian defence personnel depart, says report "I thank EAM @DrSJaishankar and the Government of #India for extending vital budgetary support to Maldives with the rollover of USD 50 million Treasury Bill," said Moosa in a post on X. "This is a true gesture of goodwill which signifies the longstanding friendship between Maldives and India," he added.

Former President Donald Trump rewrote the consensus on trade policy, so much so that President Biden largely copied it: Prioritize domestic manufacturing, deprioritize trade deals, sideline the World Trade Organization and embrace tariffs. Other than Trump himself, no one did more to refashion that consensus than his trade ambassador, Robert Lighthizer. He has unfinished business.

German businesses are increasingly experimenting with artificial intelligence to become more productive, but some caution the gains the technology promises could be years away. From automating processes to optimizing supply chains, German companies are resorting to AI tools for a growing range of functions. The technology is expected to make work more efficient by cutting repetitive tasks and freeing employees up for new, higher-value jobs.

Congress' Raebareli candidate, Rahul Gandhi, said with a smile, "Jaldi hi karni padegi." The incident happened towards the end of the rally that took place in Raebareli's Bachhrawan area on Monday. He took the opportunity to thank his sister and Congress leader Priyanka Gandhi. "I am touring different parts of the country in the election and my sister is spending time here, a heartfelt thanks to her for this," Rahul Gandhi said.

Demand for skilled nurses is projected to grow by 17-18 per cent by 2027 in the country but a large number of trained ones are seeking opportunities abroad, drawn by enhanced remuneration packages and facilitative family visa programmes, digital talent solutions provider NLB Services said in a report. The report said that in India, the demand for skilled nursing talent is on a steadfast trajectory, projected to increase by 17-18 per cent by 2027, and the demand for nursing roles spans across regions including Kerala, Tamil Nadu and Andhra Pradesh. Do you meet the immigration criteria? Check here The nursing profile currently commands annual earnings ranging between Rs 2,50,000 (entry-level) to Rs 7,00,000 (mid-senior level), and employers seek candidates with diverse skill sets including compassionate and competent care.

India is looking for additional sites for Russian nuclear reactors, while the discussion with the French on the proposed Jaitapur nuclear power plant project is underway, External Affairs Minister S Jaishankar said on Monday. Responding to a question on nuclear collaboration with foreign countries not taking off as expected, Jaishankar said the manner in which the Civil Liability for Nuclear Damage Act 2010, was framed required a lot of interaction with foreign suppliers to see how their concerns could be addressed.

Banks revise their interest rates on fixed deposits (FDs) or term deposits on a periodic basis for general customers and senior citizens. We will discuss in this article about the best FD rates being offered by 10 small finance banks in the country.

The real estate market in India is on fire. The penchant for bigger and better homes is not only increasing but is also breaching its own numbers. The country is witnessing a huge rise in housing demand, and realty firms are reporting record-breaking sales. Reports after reports are talking about this, and in the last two-three years an upward growth trajectory has been witnessed, which is getting steeper.

By Rahul Pandey

In a pivotal cabinet reshuffle following his fifth term as Russia’s President, Vladimir Putin has appointed civilian-economist Andrei Belousov as the new Defence Minister, replacing Sergei Shoigu, who assumes the role of Secretary of the Security Council (NSA). This decision, amidst soaring defence expenditures due to the ongoing conflict with Ukraine, underscores Putin’s strategy to navigate economic challenges while bolstering national defence.

Delay in recovering dues from businesses for goods and services sold is one of the biggest challenges MSMEs face in the country. According to the delayed payment monitoring portal by the government MSME Samadhaan, 1.89 lakh delayed payment applications have been filed by MSMEs involving Rs 43,160 crore since October 2017, of which only 36,074 cases involving Rs 6,235 crore have been disposed of by the facilitation councils.

Adityanath said Monday that Prime Minister Narendra Modi will again form the government, asserting that even Lord Ram wants his «ardent devotee» to win. He was addressing rallies in Barabanki and Rae Bareli, from where Congress leader Rahul Gandhi is contesting the Lok Sabha elections.

economic advisor to Nepal's President Ram Chandra Paudel has resigned after his controversial remarks on the government's decision to issue new hundred-rupee notes with a map that includes three Indian territories, a move already rejected by India. The President approved Chiranjivi Nepal's resignation on Sunday, according to a press release issued by the Office of the President.

DoT) has instructed major telecom operators, including Reliance Jio, Bharti Airtel, and Vodafone Idea, to block 28,200 mobile handsets allegedly linked to cyber crimes. This action comes as part of a broader effort to combat the misuse of telecom resources in cyber crimes and financial frauds.