Profits pulled sharply ahead of investment in FY24 (Representative image) MUMBAI: Corporate profits have recovered much faster than investment after the pandemic, with aggregate profit before interest and tax (PBIT) growing 21.4% in FY24 against 6.1% growth in gross fixed assets (GFA), an Economic Advisory Council to the Prime Minister working paper has found.Profitability itself…
Behind the rhinestones, Dolly Parton reportedly endured a heartbreaking final battle in private. Dolly Parton spent a lifetime making sure the world saw the woman behind the rhinestones as strong, glamorous and larger than life. But in the final months before her death at 80, the country music icon was reportedly living with a very…
Headline CPI inflation increased marginally in July. MUMBAI: The Indian economy remains resilient despite external headwinds, but below-normal monsoon prospects, higher crude oil prices, geopolitical tensions and global trade uncertainty pose risks to growth and inflation, according to the State of the Economy article in RBI’s Aug bulletin.The assessment also pointed to firm domestic demand,…
Ankit Balyan shot dead: Haryanvi singer-YouTuber killed by unidentified assailants in Shamli, Uttar Pradesh A shocking act of violence has claimed the life of Haryanvi singer and YouTuber Ankit Balyan. The singer was shot dead by unknown attackers outside a gym in Uttar Pradesh’s Shamli district on Wednesday evening. Ankit Balyan was shot dead According…
In its clarification, Federal Bank said it evaluates opportunities for growth and expansion in the ordinary course of business. MUMBAI: Shares of Federal Bank closed 3% lower on Tuesday after reports that the lender was pursuing a merger with Jana Small Finance Bank, while Jana SFB fell 2% as sensex closed flat. Both banks later…
Ankit Balyan shot dead: Haryanvi singer-YouTuber killed by unidentified assailants in Shamli, Uttar Pradesh Despite Batwara 1947 receiving a lukewarm response at the box office, filmmaker Rajkumar Santoshi is already looking ahead to his next collaboration with Sunny Deol. The director-actor duo, known for films such as Ghayal (1990), Damini (1993) and Ghatak (1996), are…
Gold is currently trading at around $4,600. A tenfold increase from that level would put the price at roughly $46,000 an ounce. (Image source: Adobe stock) Will gold prices hit $50,000 per ounce in the coming years? Thomas Kaplan, the chairman of Electrum, and a billionaire has predicted that the yellow metal may rise as…
Ayan Mukerji in talks with Namit Malhotra to bring ‘Ramayana’ producer on board as studio partner for ‘Brahmastra 2’: Report The search for a studio partner for ‘Brahmastra 2’ continues, with reports suggesting that Namit Malhotra of Prime Focus has shown interest in coming on board. This follows unsuccessful talks with Jio Studios, Dharma Productions…
Remittances rose 6.5% month-on-month to $2.5 billion in June, nearly 20% higher than a year earlier. MUMBAI: RBI turned a net purchaser of US dollars in June this year, buying $561 million in the spot and over-the-counter market after net sales of $6.1 billion in May and $3.6 billion in June 2025.According to the central…
‘Lifetime trauma’: Netizens react after child allegedly watches Yash’s ‘Toxic – A Fairytale for Grown-Ups’ despite ‘A’ certificate Yash starrer Toxic: A Fairytale for Grown-Ups arrived in theatres today. But along with box office buzz, the film triggered a heated online debate over its ‘A’ certificate and reports of children being present at screenings meant…