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SBI FY26 net profit rises 13 pc to Rs 80,032 crore, asset quality improves

08 May 2026 | 3:48 PM

New Delhi, May 8 (UNI): The State Bank of India (SBI) on Friday reported a standalone net profit of Rs 80,032 crore for the financial year ended March 31, marking a growth of nearly 13 per cent compared to Rs 70,900 crore recorded in the previous fiscal, according to the bank’s audited financial results.

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Global trade policy shifted towards more interventionism: UNCTAD

08 May 2026 | 3:37 PM

By Sourav Shekhar
New Delhi, May 8 (UNI) The global trade policy landscape has shifted towards more interventionism since Covid 19 in 2020, the Ukraine war in 2022, and again with US tariff hikes in 2025, said the United Nations Conference on Trade and Development (UNCTAD) report, released on Friday.

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Britannia to hike prices, implement grammage cuts

08 May 2026 | 3:30 PM

New Delhi, May 8(UNI) India's largest biscuit manufacturer, Britannia Industries, is set to implement selective price hikes and grammage cuts this quarter due to the Iran War impact. The move comes to shield its margins from rising costs of palm oil, laminates, fuel and freight linked to the West Asia conflict, managing director and chief executive officer Rakshit Hargave said in a post earnings call.

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08 May 2026 | 2:50 PM

New Delhi, May 8 (UNI) India’s bank credit growth closed the Financial year 2026 on a strong note, led by robust lending to NBFCs, MSMEs, and retail borrowers, even as gold loans surged amid elevated prices, according to a report by CareEdge Ratings.

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Tata Power and DGPC sign amendment to MoU for expanding clean energy collaboration

08 May 2026 | 1:37 PM

New Delhi, May 8 (UNI) Tata Power, one of India’s largest integrated utilities, on Friday announced the signing of an amendment to its Memorandum of Understanding (MoU) with Druk Green Power Corporation (DGPC) to expand clean energy collaboration with Bhutan, a Tata Power statement said here.

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