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Apollo Hospitals Enterprises on Friday reported a 47% year-on-year (YoY) decline in net profit to Rs 167 crore for Q1FY24. The net profit was pulled down by Apollo Healthco's digital health platform 24x7 that reported a loss of Rs 83 crore. Apollo said Healthco is on track for break even in Q4 FY24.

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Browse through our curated selection of the 10 Best Spin Bikes in India for fitness enthusiasts seeking a potent indoor workout experience. Whether you're a seasoned cyclist or a novice looking to embark on a fitness journey, this list caters to all needs and budgets, helping you make an informed choice for your health and wellness goals. Discover the best options from top brands like Lifelong, PowerMax, Durafit, Fitkit, Sparnod, etc.

In order to effectively analyze the critical sectors of Indian economy, it is imperative to harness the vast amount of data collected by the Central and State governments, various ministries, as well as other external sources. This data can provide critical insights into the driving factors and key indicators that shape the economy, enabling policy makers to develop impactful schemes and initiatives.

The new Dubai-based crypto venture fund Illuminati Capital has raised $50 million for a fund that aims to invest in early-stage blockchain and Web3 gaming startups.

Rajendra Singh Pawar, Chairman, NIIT Group, says the training industry has managed the hiring shock from the IT industry well. “The banking side is doing well. That is not as challenged as IT hiring is.

Reserve Bank of India (RBI) Governor on Friday called for organisations like the International Monetary Fund (IMF) and the World Bank (WB) to play a bigger role in providing support programmes to countries with high levels of debt. Speaking at a seminar on the global economy organised by the Finance Ministry and the RBI, Das said recent experience suggests countries facing financial difficulties go to other bodies beyond the IMF because of 'perceived stigma' or lack of access. To this end, Das presented a few suggestions.

By Deep Kaushik Vakil

₹173.4 crore for the June quarter of the current financial year (Q1FY24) against a profit of ₹323.9 crore in the same quarter last year. Revenue from operations, however, rose 16.4 per cent YoY to ₹4,417.8 crore against ₹3,795.6 crore in Q1FY23. Consolidated EBITDA excluding 24/7 operating cost and ESOP charge stood at ₹712.9 crore, up 13 per cent YoY, the company said in a BSE filing.

Life Insurance Company Ltd. (Max Life) has launched the ‘NIFTY Smallcap Quality Index Fund’ in the ULIP segment. This first Smallcap Index Fund of the Life Insurance industry is based on the NIFTY Smallcap 250 Quality 50 Index that has delivered a 22% 10-year CAGR + "We are launching our first-ever Smallcap Index Fund to offer investors a low-cost value proposition.

As the world looks to EVs to reduce its reliance on fossil fuels – the metals and mining sector is expected to be the beating heart of the solution.

The average long-term U.S. mortgage rate rose this week to just under 7%, the latest setback for would-be homebuyers already facing affordability challenges due to a housing market limited by a shortage of homes for sale

Also Read: Russia-Ukraine War: US to give $400 million military aid package for Ukraine: Report The proposal was designed to garner backing from both Republicans and Democrats, focusing particularly on addressing border-related concerns, a significant agenda for the GOP. Republicans have strongly criticized the Biden administration's methods of curbing the influx of migrants from Mexico.

stocks ripping higher in 2023, it may feel that you've missed out on the opportunity for easy profits. However, stocks have shown resilience by advancing despite concerns about rising interest rates, a potential economic downturn, and declining corporate earnings. And they could continue to do so.

Jailer’ has the Midas touch! Superstar Rajinikanth’s comeback venture has recorded the highest opening for Kollywood (Tamil film industry) this year. According to a report by the Indian box-office tracking portal Sacnilk.com, the Rajinikanth-starrer earned a staggering Rs 44.50 crore on the first day of its release. The report also revealed that the movie has collected a gross figure of Rs 52 crore domestically. This includes Rs 23 crore from Tamil Nadu, Rs 11 crore from Karnataka, Rs 5 crore from Kerala, Rs 10 crore from Andhra Pradesh and Telangana, and Rs 3 crore from the other states. The movie is predicted to earn Rs 30 crore on the second day. If it can manage this feat, the movie would cross Rs 73 crore at the box-office! Trade analyst Manobala Vijayabalan took to Twitter to share the box-office collections of the action-comedy. “Superstar #Rajinikanth's #Jailer takes an earth-shattering opening at the TN Box Office. The movie has minted ₹ 29.46 cr in the state. Record Day 1 for any Tamil movie released in 2023,” he wrote. He also revealed that ‘Jailer’ is now among the top three all-time highest first-day grossers of Kollywood, the other two movies also being Rajinikanth-starrers — ‘2Point0’ and ‘Kabali’.

US dollar in early trade on Friday, tracking a firm dollar against major rivals overseas. Analysts said, weak sentiment in the domestic equity market and elevated level of crude prices nearing USD 87 per barrel also weighed on the domestic unit. On Thursday, the Reserve Bank of India in its bi-monthly monetary policy review decided to keep key interest rate unchanged, but hinted at tighter policy if food prices drive inflation higher.

Gold prices hovered near one-month lows on Friday as markets assessed the cooler-than-expected U.S. inflation data, with bullion still set to wrap up its worst week in seven as the U.S. dollar and bond yields stood strong.FUNDAMENTALS * Spot gold edged 0.2% higher to $1,914.87 per ounce by 0136 GMT, but still traded near its lowest levels since July 7 seen earlier in the day.

Country Garden expects to report a net loss for the first half of 2023 and said it would take measures to meet its debt obligations and fix operational issues to get the company back on track, it said on Thursday. The company said it has set up a special task force, headed by its chairman Yang Huiyan, to find ways to improve its operations at a time when the Chinese property sector grapples with a liquidity crunch. «One shall pick himself up from where he has fallen.

Social Security benefits are on track to increase by 3% in 2024, a response to cooling inflation that will dial back the annual cost-of-living adjustment from the much higher 8.7% implemented this year.

RBI's) decision to hold the repo rate for the third time in a row at 6.5% is expected to support the housing property market maintain its pace of steady growth in sales in the upcoming festive season. While interest rate-sensitive segments of affordable and low-income housing have started witnessing some impact of the rate hikes implemented earlier, any further increase may have resulted in hitting the demand in this segment. The central bank, through six successive increases since May 2022, had raised policy rates by a cumulative 250 basis points, taking the repo rate to 6.5% before hitting the pause in April.

Amazon India on Thursday said it has cumulatively digitised 62 lakh micro, small, and medium enterprises (MSMEs) and enabled exports worth $8 billion. As part of its 2025 pledge for key focus areas of job creation, exports, and digitising MSMEs, the company has created 13 lakh direct and indirect jobs out of its pledge to create 2 million (20 lakh) jobs.