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Business

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Business

IndusInd finds fresh lapses of ₹1,885 crore making Q4 FY25 its worst quarter ever

A person walks outdoors a department of IndusInd Bank in New Delhi. File picture. IndusInd Bank has revealed fresh discrepancies in its microfinance loans phase amounting to ₹1,886.2 crore, the place some loans have been wrongly categorised as ‘standard assets’ and subsequently supplied for within the present quarter. The correction of this discrepancy, amassed over […]

Business

Spurt in premiums for warfare, political violence cover post Pahalgam attack

BATTLE SHIELD: The availability and phrases of protection additionally differ in accordance with the property’s location, notably in high-exposure areas resembling Jammu and Kashmir and different border areas. Following the terrorist attack at Pahalgam in April and the next ceasefire earlier this month, insurance coverage premiums for warfare and political violence cover out there for

Business

US markets open lower amid rising treasury yields; gold and oil gain

US inventory market as we speak: US inventory markets opened lower on Wednesday, weighed down by rising treasury yields and investor warning forward of key financial knowledge. The Dow Jones Industrial Average dropped 329.13 factors, or 0.77%, to 42,348.11. The S&P 500 slid 34.21 factors, or 0.58%, to five,906.25, whereas the tech-heavy Nasdaq Composite fell

Business

Gold futures rise ₹824 to ₹95,665/10g

Gold costs on May 21, 2025 rose by ₹824 to ₹95,665 per 10 grams in futures commerce. File | Photo Credit: AP Gold costs on Wednesday (May 21, 2025) rose by ₹824 to ₹95,665 per 10 grams in futures commerce as speculators created contemporary positions on a agency spot demand. On the Multi Commodity Exchange,

Business

‘Instead of discussing the matter…’: Row erupts over India’s mango exports rejection; authorities say US inspectors did not follow protocol

Various mango varieties, resembling Alphonso, Kesar, Banganapalli and Himayat, have gained entry to the US market. (AI picture) The US rejecting mango consignments from India has led to exporters destroying the fruits leading to large losses, and Indian authorities have alleged that America did not follow the commonplace process. After Indian authorities confronted rejection of

Business

RIL moves SC against Delhi HC order in $1.7 billion gas dispute with govt

NEW DELHI: Reliance Industries Ltd (RIL) and its overseas companions have moved the Supreme Court against the Delhi High Court’s February ruling quashing an arbitral award in their favour in the dispute with the Centre’s $1.7 billion declare over alleged siphoning of gas from a Krishan=Godavari subject off the Andhra coast.RIL filed the lead petition

Business

Domestic garment makers hope for better days with curb on imports

Image used for representational goal. | Photo Credit: Reuters With India limiting import of readymade clothes from Bangladesh by land ports, home garment producers hope to see revival in orders. In a notification issued on May 17, the Director General of Foreign Trade (DGFT) stated readymade clothes will be imported from Bangladesh solely by Nhava

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