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PNC Infratech’s profit tanks 80 pc to Rs 75.43 crore in Q4

May 30, 2025

Mumbai, May 30 (IANS) Infrastructure company PNC Infratech on Friday announced its fourth quarter results for FY25, where the profit nosedived 80.94 per cent (year-on-year) to Rs 75.43 crore, from Rs 395.89 crore in the same period of previous fiscal.The company's profit declined by 7.2 per cent on a quarterly basis. In the December quarter, the…

Tourism to contribute 10 pc of national GDP by 2030: Gajendra Singh Shekhawat

May 30, 2025

New Delhi, May 30 (IANS) India is aiming to align the contribution of tourism to national GDP as per global benchmarks, targeting 10 per cent of the national GDP by 2030, Tourism Minister Gajendra Singh Shekhawat said on Friday.Speaking at…

Business

India clocks 6.5 pc GDP growth in 2024-25, Q4 growth surges to 7.4 pc

May 30, 2025

New Delhi, May 30 (IANS) India's GDP growth accelerated to a robust 7.4 per cent in the fourth quarter of 2024-25, as result of which the growth rate for the full financial year works out to 6.5 per cent on the back of a strong performance…

Business

UPI share surges to 83.7 pc in digital transactions for FY25

May 30, 2025

Mumbai, May 30 (IANS) The Unified Payments Interface (UPI) has strengthened its dominance in India’s digital payments system with its share in the total transaction volume rising to 83.7 per cent in 2024-25 from 79.7 per cent in the…

Business

Dharavi Redevelopment Project’s master plan to ensure higher quality of life, robust infra

May 30, 2025

New Delhi, May 30 (IANS) The Dharavi Redevelopment Project (DRP) is a unique opportunity to transform the lives and 'live-work' conditions of Dharavikars, aiming for a higher quality of life with great infrastructure and public amenities.…

Business

ETFs inflow drive 170 pc jump in gold investment globally in Jan-March

May 30, 2025

New Delhi, May 30 (IANS) The gold investment demand saw a dramatic 170 per cent rise (year-on-year) in the January-March quarter, driven by a strong rebound in gold ETF inflows, particularly in India, Europe and Asia, a report showed on…

Business

Finance Ministry urges RBI to exclude small borrowers from new gold loan norms

May 30, 2025

New Delhi, May 30 (IANS) The Finance Ministry said on Friday it has suggested that the Reserve Bank of India (RBI) should exclude small borrowers of up to Rs 2 lakh from the provisions of its draft directions on lending against gold…

Business

Kotak Securities slashes Ola Electric’s target price by 40 pc after dismal Q4 results

May 30, 2025

New Delhi, May 30 (IANS) Kotak Securities on Friday slashed its share price target on Ola Electric by 40 per cent to Rs 30 from Rs 50, citing continued losses and rising competition.Ola Electric Mobility shares nosedived 9.7 per cent to…

Business

Indian shrimp exporters to see 2-3 pc uptick in revenues this fiscal

May 30, 2025

New Delhi, May 30 (IANS) Indian shrimp exporters will see a marginal 2-3 per cent uptick in revenues this fiscal (FY26) on improved realisations stemming from rising prices and currency gains, a Crisil report said on Friday.Though the…

Business

SEBI bars actor Arshad Warsi, wife and 57 others from markets for up to 5 years

May 30, 2025

Mumbai, May 30 (IANS) Markets regulator the Securities and Exchange Board of India (SEBI) on Thursday barred Bollywood actor Arshad Warsi, his wife Maria Goretti, and 57 others from the securities markets for periods ranging from 1-5…

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