Business Economy


IDBI net up 40 pc in Q1

New Delhi, July 22 (UNI) IDBI bank on Monday reported a 40 percent jump in net profit at Rs 1,719 crore in the Q1 (April-June) of 2024-25 as against Rs 1,224 crore in Q1 of fiscal 2023-24.
Bank’s net Interest Income took a hit of 19 percent at Rs 3,233 crore in Q1 of 2024-25 as against Rs 3,998 crore in the same quarter of previous financial year, the Bank said in release after the Board meeting to consider financial performance of the bank in Q1.
Total Deposits during the period under consideration increased to Rs 2,77,548 crore as on June 30, 2024 as against Rs 2,44,936 crore as on June 30, 2023 registering a growth of 13 percent YoY.
In terms of asset quality, the Gross NPA ratio improved to 3.87 percent as on June 30, 2024 as against 5.05 percent as on June 30, 2023. Net NPA ratio also improved to 0.23 percent as on June 30, 2024 as against 0.44 percent as on June 30, 2023, the Bank added.
UNI SKB CS1816
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Bajaj Auto launches all-new Electric Bajaj GOGO auto in Hyd

Bajaj Auto launches all-new Electric Bajaj GOGO auto in Hyd

13 May 2025 | 5:50 PM

Hyderabad, May 13 (UNI) Bajaj Auto Limited, the world's most valuable two-wheeler and three-wheeler company, launched its all-new electric three-wheeler, the Bajaj GOGO Auto, in Hyderabad on Tuesday.

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Rupee ends steady at 85 42 against USD

Rupee ends steady at 85 42 against USD

13 May 2025 | 5:24 PM

Mumbai, May 13 (UNI) The rupee on Tuesday ended flat at 85.42 against USD on fresh selling of US dollars from foreign banks and importers, dealers at the Forex Market said.

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Kottayam-Kochi rubber market rates

13 May 2025 | 5:19 PM

Kottayam, May 13(UNI) Following were the Rubber Market rates announced by the Rubber Board here today per quintal
Kottayam
RSS FOUR: 19600
RSS FIVE : 19200
ISNR TWENTY: 16700
SIXTY PERCENT LATEX: 14215
Kochi

RSS FOUR : 19600
RSS FIVE : 19200
International Rates (Bangkok)
RSS One : 21098
RSS Two : 20943
RSS Three: 20800
RSS Four : 20723
RSS Five : 20606
Kualalampur
SMR TWENTY : 15604($182.20)
SIXTY PERCENT LATEX : 12382($144.60)
UNI PA BD.

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Sensex plunges 1281 68   pts

Sensex plunges 1281 68 pts

13 May 2025 | 5:00 PM

Mumbai, May 13 (UNI) Erasing huge gains of Monday, the BSE Sensex on Tuesday heavily down 1281.68 pts to settle at 81,148.22 on profit booking by local operators amid selling was seen across the board.

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