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₹30,297 crore as compared to ₹29,175 crore recorded in the same period last year. For the first nine months of the current financial year, PSBs have earned a cumulative profit of ₹98,358 crore as compared to ₹70,166 crore in the year-ago period, an increase of 40.17%. In Q1 and Q2 of the current fiscal year, public sector banks earned a cumulative profit of about ₹34,418 crore and ₹33,643 crore, respectively.

mutual fund industry has experienced impressive growth, with more people getting involved and a significant increase in the total assets managed. The most recent info from the Association of Mutual Funds in India (AMFI) as of November, 2023, shows that the industry's net assets under management (AUM) were ₹46,71,687 crore, and the average AUM was ₹47,80,422 crore by the end of October 2023. A noteworthy accomplishment is the addition of over 25.50 lakh new investors, pushing the mutual fund folios to a record high of 15,96,46,790 in October 2023.

Tata Power Co. Ltd’s stock plunged 8% on Monday after the company reported sombre earnings for the December quarter (Q3FY24). Still, the power producer’s outlook is upbeat owing to an expected scale-up in its renewables business.

₹28.22 crore. Esconet Technologies is a provider of high-end supercomputing solutions, and data center facilities that include storage servers, network security, virtualization, and data protection. The company has announced the price band and other details for the forthcoming public offer.

government that will eventually emerge from it, foreign policy analysts said. Pakistan's two largest political parties have been wrangling over who will be prime minister after an inconclusive vote last week forced them to join forces and try to form a coalition in a parliament dominated by independents.

artificial intelligence rules ahead of a vote by the legislative assembly in April that will pave the way for the world's first legislation on the technology. Called the AI Act, the new rules aim to set the guardrails for a technology used in a broad swathe of industries, ranging from banking to cars to electronic products and airlines, as well as for security and police purposes.

National Testing Agency (NTA) has announced that 23 candidates have achieved a perfect score of 100 in the JEE-Main engineering entrance exam. The majority of these high scorers hail from Telangana. A total of 11.70 lakh candidates appeared for this crucial exam. Out of the 100 NTA scorers, seven are from Telangana, two from Haryana, three each from Andhra Pradesh, Rajasthan, and Maharashtra, two from Delhi, and one each from Gujarat, Karnataka, and Tamil Nadu. The NTA officials clarified that the NTA score is not the same as the percentage of marks obtained but represents normalised scores. A senior official explained, «NTA scores are normalised scores across multi-session papers and are based on the relative performance of all those who appeared for the examination in one session. The marks obtained are converted into a scale ranging from 100 to 0 for each session of examinees.»

Mamata Banerjee on Tuesday condemned the firing of tear gas shells at protesting farmers in Haryana, dubbing it as "BJP's brutal assault" on cultivators. The Haryana Police lobbed tear gas shells at farmers who tried to break barricades set up at the state's border with Punjab at Shambhu near Ambala, as growers demanding a law on minimum support price marched toward Delhi. «How can our country progress when the farmers are attacked with tear gas shells for fighting for their basic rights? I strongly condemn the brutal assault on our farmers by the BJP,» Banerjee said in a post on X. «Instead of suppressing their protest, BJP must focus on humbling their inflated egos, power-hungry ambitions, and inadequate governance that has harmed our nation,» she added.

cricket career for India spanned from 1952 to 1961, during which he played in 11 Tests. He was a reliable batsman with a strong defense and good at driving the ball. He was also an excellent fielder.

CEO of bankrupt crypto project SafeMoon Braden John Karony is released on bail, but his legal team no longer wants to represent him.

The Blockchain Association has sent a second letter to the House Financial Services Committee and Senate Banking Committee expressing concerns over a bill sponsored by Senator Elizabeth Warren.

The total cost of borrowing is substantially influenced by the interest rate on a personal loan. It is essential to have a thorough understanding of this rate before seeking a loan. The overall cost of borrowing is heavily influenced by the interest rate, as it dictates the additional amount paid in interest on the borrowed sum. A higher interest rate prolongs the loan repayment duration, and conversely, a lower interest rate shortens it. This is due to a higher interest rate leading to a larger share of the monthly payment being allocated to interest rather than reducing the principal amount. As a result, it takes an extended period to reach the point where both the principal and accumulated interest are fully paid off.

Ben Stokes will win his 100th Test cap when he leads England against India in the third Test beginning Thursday in Rajkot, as both sides have to contend with the absence of key players. The five-match series is on a knife-edge at 1-1 after India's 106-run victory in the second Test in Visakhapatnam followed England's 28-run win in Hyderabad. Batsmen Virat Kohli and KL Rahul will be absent for India while England's senior spinner Jack Leach has been ruled out of the final three matches with a knee injury suffered in the first Test.

Aditya Welekar, AVP, Axis Securities, says the “Hindalco project will earn a higher EBITDA per tonne as compared to the existing $525 per tonne. This project will earn $700 plus per tonne EBITDA per tonne. So, as and when it comes online, that will be value accretive, but that is far away from now because the project will take 15 to 18 months to ramp up from the date of commissioning in the second half of CY2026.” How are two factors – cost overrun and also delay in commissioning of project — are going to change your view on Hindalco and secondly, don’t you think that because of the delay in commissioning of this project, the aluminium cycle which has been on an uptrend so far could reverse by the time the plant actually starts? Aditya Welekar: The support of aluminium prices will be there. Indian operations will be doing better. The only overhang will be because of that capex intensity at the project, but at the same time they have also indicated levers at EBITDA per tonne reaching to $600 per tonne at Novelis and that looks kind of achievable because as they move forward, prices will reset at a higher level for Novelis and their recycling percentage and automotive share in the total product mix will also increase in future.

CTET Result 2024 Live Updates: The Central Board of Secondary Education (CBSE) is set to declare the results of the Central Teacher Eligibility Test (CTET) January 2024 examination on ctet.nic.in. Candidates can access their results using their application number and date of birth. The 18th CTET examination took place on January 21, with 3,418 exam centres, and the provisional answer key has already been published.

Artificial Intelligence (AI) and High-Performance Computing, an analysis by recruitment firm TeamLease Digital found. "With generative AI automation set to transform workflows, freshers need to be prepared to collaborate effectively with AI systems," Jaideep Kewalramani COO of TeamLease EdTech said. However, the hiring intent for freshers in the IT sector has decreased to 42% in H1 2024 compared to 49% in the same period in 2023.

Farmers Protest Noida Traffic Advisory: Traffic congestion gripped the Delhi-Noida and Delhi-Ghaziabad borders as a result of both the scheduled farmers' protest and heightened security measures implemented by the authorities. Huge traffic jams were witnessed on the highways that connect Delhi, Noida and Ghaziabad via Ghazipur and Chilla borders. Many people take the Ghazipur border road to go to Delhi from Noida.

Delhi Chalo' protest march, authorities have heightened security measures at the city's border areas by deploying multiple layers of barricades, concrete barriers, iron spikes, and container walls. Farmers from Punjab, Haryana, and Uttar Pradesh, with over 200 unions heading, are marching towards Delhi on Tuesday.

Also Read- RIL share price hits record high; mcap tops ₹20 lakh crore for first time; what should investors do? There is uneasiness in the large traders including High and medium net worth Individuals too, as was visible in trade on Monday. The market saw steep corrections despite Foreign Portfolio investors (FPI) and Domestic institutions remaining net buyers.

Sovereign Gold Bonds are issued by the Reserve Bank of India on behalf of the Government of India. These bonds are available in multiples of grams of gold, with the basic unit being 1 gram, and the minimum investment permitted is 1 gram. Investors in sovereign gold bonds receive an annual interest rate of 2.50%.

Investment firm Franklin Templeton is the latest asset manager to file a spot Ethereum exchange-traded fund (ETF) application with the Securities and Exchange Commission (SEC) in the United States.