For the first time, the banking sector’s net profit crossed £30 bn in FY24. The net profit of listed public and private sector banks rose 39% to £31 bn from £22 bn in FY23.
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2nd Feb 2026 | Updated at 07:47pm 2nd Feb 2026
India’s economic rise signals global power shift
India has now surpassed Japan to become the world’s fourth-largest economy in nominal GDP, with a GDP of $4.18 trillion, according to the government’s year-end economic review.The country is poised to overtake Germany within the next 2.5 to...
India poised to be 3rd largest economy by 2030: S&P
India is poised to be the third largest global economy by 2030 but rising population presents mounting challenges in basic service coverage and growing investment needs to maintain productivity, S&P Global Ratings said.
The United Nations has revised upwards India's growth projections for 2024, with the country's economy now forecast to expand by close to seven per cent this year, mainly driven by strong public investment and resilient private consumption.
Tata Consultancy Service is setting up an AI centre of excellence (CoE) in Paris. The centre will adopt an industry first approach for banking and financial services, manufacturing, energy, and consumer industries to deepen the adoption of AI...
Winsol Engineers shares made a bumper stock market debut on Tuesday as the shares were listed at a hefty premium. The share price was listed at ₹365 apiece on NSE SME, a premium of 386% to the issue price of ₹75 per share.
India's retail inflation dipped to an 11-month low in April, led by deflation in fuel and light segment and softening pressures on clothing and footwear, pan, tobacco and intoxicants segments, but food and beverages inflation remained stubborn....
Foreign fund managers are taking money off the table amid a surge in market volatility due to uncertainty surrounding the outcome of the Lok Sabha elections. At the same time, domestic institutions - mainly mutual funds - have been big buyers...
Sri Lanka has approved a 20-year power purchase agreement between the island nation's government and Adani Green Energy for the development of 484 megawatt wind power stations in the northeast region.
Indian exporters are looking at a 10-15% increase in goods exports, with some estimating overall exports to touch $900 billion this year, compared with around $780 billion during the last financial year. In fact, exporters and govt were eyeing...
SBI reported its highest ever net profit of £2.06 bn in Q4 - the biggest quarterly profit by any Indian bank. The state owned lender’s profit rose 24% from £1.66 bn in the year-ago period, beating analyst expectations of around £1.4 bn.
Tata Motors saw its profit more than triple to £1.75 bn in the March quarter aided by tax credit gains and benefiting from the strength of its British unit Jaguar Land Rover.
