Indian Bank raising $400 million in overseas loan; syndication underway
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The Madras High Court has ruled that GST officers need not conclusively establish fraud before issuing a notice under Section 74 of the CGST Act. The judgment clarifies the legal threshold for invoking fraud proceedings under the GST law. The Madras High Court has clarified that GST authorities are not required to conclusively establish fraud…
Copper, often called the “metal of electrification,” has emerged as one of the most strategically important commodities in the global economy. Once viewed mainly as a basic industrial metal, copper is now at the center of the world’s transition toward clean energy, electrification and digital infrastructure. The sharp rise in copper prices in recent years…
New Delhi: ITC on Friday reported a 27% fall in standalone first quarter net profit from a year earlier, as record taxation on cigarettes weighed on the conglomerate’s core cash cow and the West Asia crisis hurt its agri-business exports. The Kolkata-based company posted a net profit of ₹3,578.82 crore for the quarter ended June….
Japan’s Nikkei share average rose on Thursday, driven by sharp gains in Advantest after the chip-testing equipment maker raised its annual profit forecast, while banks dragged the broader Topix lower. The Nikkei was up 0.81% at 61,934.03 as of 0050 GMT, while the Topix fell 0.81% to 3,941.8. Advantest jumped 10% after raising its annual…
Despite rapid advances in artificial intelligence and robotics, many physical and care-based jobs remain far too expensive to automate. A June 2026 report by Planera found that replacing workers in professions such as nursing, construction and home care with AI and robots would cost employers several times more than paying wages to human workers. The…
The shares of PNB Housing Finance rallied as much as 5% on Wednesday, hitting an intraday high of Rs 1,138 on the BSE after the company on Monday reported a 4.3% year-on-year rise in first-quarter net profit to Rs 557 crore from Rs 534 crore in the corresponding period last year. According to an exchange…