India’s GDP growth in Q4 of 2024-25 expected at 6.8-7 per cent: Report
New Delhi, May 16 (IANS) The Indian economy is expected to grow at 6.8-7 per cent in the fourth quarter of the financial year 2024-25, driven by the agriculture sector, according to a Bank of Baroda report released on Friday. For the full financial year, the estimate has been pegged at 6.2-6.4 per cent with […]
BHEL posts 3 per cent rise in Q4 net profit at Rs 504.5 crore
New Delhi, May 16 (IANS) Public sector Maharatna company BHEL on Friday declared a net profit of Rs 504.45 crore for the January-March quarter of the financial year 2024-25, which represents a 3 per cent increase compared with the corresponding figure of Rs 489.6 crore in the same period of the previous year. Sequentially, the […]
Aadhaar authentication surpasses 150 billion transactions, e-KYC surges 40 pc
New Delhi, May 16 (IANS) In a significant feat, the total number of Aadhaar authentication transactions have crossed the 150 billion (15,011.82 crore) mark, the government said on Friday. Moreover, the total number of eKYC transactions (37.3 crore) carried out during April is 39.7 per cent more than the numbers during the same period last […]
Emami’s Q4 profit falls 41.9 pc QoQ, revenue drops 8.3 pc
Mumbai, May 16 (IANS) FMCG major Emami Limited on Friday reported a 41.9 per cent decline in its net profit to Rs 162.17 crore on a sequential basis for the January-March quarter (Q4) of FY25, compared to Rs 278.98 crore in previous quarter (Q3). The company’s revenue dropped 8.3 per cent during the same period […]
Heritage Foods Q4 net profit falls 11 pc, expenses up
Mumbai, May 16 (IANS) Heritage Foods on Friday reported a decline of 11.36 per cent in its net profit to Rs 38.16 crore for the fourth quarter (Q4) of FY25, compared to Rs 43.05 crore in the previous quarter (Q3 FY25). The company also posted a 5.76 per cent fall in net profit when compared […]
HAL expects to deliver 12 LCA Mk1A fighter jets to IAF this year
New Delhi, May 16 (IANS) Public sector military aircraft manufacturer Hindustan Aeronautics Ltd said on Friday that it expects to deliver as many as 12 LCA Mk1A fighter jets to the Indian Air Force this year, following the commencement of delivery of engines from US tech giant GE. The defence PSU said in an earnings […]
Syria and DP World ink $800 million deal for port development
CAIRO(RAHNUMA): The Syrian government and DP World signed a memorandum of understanding worth $800 million to develop Syria’s port of Tartous, Syrian state news agency SANA said on Friday, after the lifting of USsanctions cleared the way for the deal. The deal to develop, manage and operate a multi-purpose terminal at Tartous includes cooperation in […]
Trump wraps up Gulf tour, says wants to meet Putin soon
DUBAI(RAHNUMA): American President Donald Trump says he would like to meet with Russian President Vladimir Putin “as soon as we can set it up”, during a business roundtable in Abu Dhabi on Friday. “Let’s see what happens with Russia and Ukraine” Trump said referencing the Russia-Ukraine peace talks taking place in Turkiye. The US president […]
Italy and UAE to announce AI hub deal on Friday
MILAN(RAHNUMA): Italy and the United Arab Emirates will announce on Friday an agreement to develop an artificial intelligence hub in Italy, Industry Minister Adolfo Urso said at an event in Milan.
British lawmakers praise Jordan’s role in regional peace efforts
DUBAI(RAHNUMA): British lawmakers have applauded Jordan’s role in maintaining regional stability and providing aid to the Gaza Strip. The comments came in an interview with the Jordan News Agency’s correspondent in London. The visit was at the invitation of the British Group of the Inter-Parliamentary Union, and was headed by MP Zuhair Khashman of the […]
