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EaseMyTrip sees sharp 59 pc sequential drop in Q4 net profit, revenue slips

May 31, 2025

Mumbai, May 31 (IANS) Online travel aggregator (OTA) EaseMyTrip has reported a sharp decline in its net profit for the fourth quarter (Q4) of FY25, as earnings fell by over 59 per cent quarter-on-quarter (QoQ) compared to the previous quarter (Q3 FY25).Nishant Pitti-run company's net profit after tax (PAT) stood at Rs 13.9 crore in Q4 FY25, down…

Cooking oil to turn cheaper as Centre halves customs duty on imports

May 31, 2025

New Delhi, May 31 (IANS) The government has halved the basic customs duty on crude palm oil, crude soyabean oil and crude sunflower oil from 20 per cent to 10 per cent to bring down prices of cooking oils in the local market and ease the…

Business

Gautam Adani lauds first batch of women NDA cadets for scripting history

May 31, 2025

New Delhi, May 31 (IANS) Adani Group Chairman Gautam Adani on Saturday lauded the first batch of women National Defence Academy (NDA) cadets for scripting history in the annals of the Indian armed forces. The first batch of 17 female…

Business

SEBI confirms ban on LS Industries and key individuals amid fraud probe

May 31, 2025

Mumbai, May 31 (IANS) The Securities and Exchange Board of India (SEBI) has confirmed the suspension of LS Industries, its promoter Profound Finance, and four other individuals from participating in the securities markets.The action comes…

Business

Asia Pacific emerges as largest market for solar photovoltaic, India a bright spot

May 31, 2025

New Delhi, May 31 (IANS) The Asia Pacific (APAC) region has emerged as the largest market for solar photovoltaic (PV) and wind installed capacity, boasting 1.18 TW and 0.67 TW in 2024, respectively, according to a new report.Solar PV…

Business

Area under oil, gas exploration in India has jumped 76 pc in last 10 years: Hardeep Puri

May 31, 2025

New Delhi, May 31 (IANS) As much as 76 per cent of the total area in India’s sedimentary basin currently being explored for oil and gas has come under active exploration since 2014, Minister of Petroleum and Natural Gas Hardeep Singh Puri…

Business

MSMEs hold the key towards becoming a Viksit Bharat

May 31, 2025

New Delhi, May 31 (IANS) Micro, small and medium enterprises (MSMEs) are the key towards becoming a Viksit Bharat by 2047, and it is the right time to speak about Industry and MSME collaboration to celebrate their contribution to India’s…

Business

Indian economy poised to remain fastest-growing one in FY26: SBI report

May 31, 2025

New Delhi, May 31 (IANS) The Indian economy is poised to remain the fastest-growing major economy in FY26 by leveraging its sound macroeconomic fundamentals, robust financial sector and commitment towards sustainable growth, according to a…

Business

Trump to double steel tariffs to 50 pc from next week

May 31, 2025

Washington, May 31 (IANS) US President Donald Trump has said that he planned to double tariffs on foreign imports of steel to 50 percent starting next week, further casting a cloud on steelmakers around the globe."We are going to be…

Business

India-Chile economic pact to boost global value chains

May 31, 2025

New Delhi, May 31 (IANS) The India-Chile Comprehensive Economic Partnership Agreement (CEPA) will pave the way for a deeper economic partnership and the creation of strengthened global value chains between the two countries, the government…

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