Shares of Indian Hotels Company Ltd (IHCL) will be in the spotlight on Tuesday, May 6, after the Tata Group hospitality major posted strong Q4FY25 results post-market hours on Monday. The company reported a net profit of Rs 522 crore, up 25 per cent year-on-year, supported by robust growth in operations across its luxury, catering,…
Himachal Pradesh Weather Update: Over the last 24 hours, various parts of Himachal Pradesh have experienced rain, thunderstorms, lightning, and hailstorms. This bout of extreme weather comes after nearly three consecutive days of unstable conditions affecting almost all districts, including rainfall, hail, and snowfall in higher altitudes. The India Meteorological Department (IMD) has predicted that…
Global ratings agency Moody’s on Monday said it sees India’s macroeconomic conditions as remaining stable even if tensions with Pakistan rise after the horrific terror attack at Pahalgam in which 26 civilians were shot dead. However, sustained escalation in tensions with India would likely hit Pakistan’s economy and hamper the government’s ongoing fiscal consolidation goals,…
The Reserve Bank of India (RBI) had 879.59 metric tonnes (MT) of gold at the end of March 2025, of which 511.99 metric tonnes were held domestically, the Central Bank informed on Monday. While 348.62 metric tonnes of gold were kept in safe custody with the Bank of England and the Bank for International Settlements…
Bharat Electronics Limited (BEL), a Navratna PSU under the Ministry of Defence, has announced that it will release its financial results for the fourth quarter of FY25 on May 25, 2025. The upcoming results are keenly awaited as BEL has demonstrated financial performance in the previous quarters. BEL Q3 Results In the previous quarter, the…
India has demanded that the Asian Development Bank cut funding for Pakistan, as New Delhi continues to extend its punitive moves against Islamabad in the aftermath of the Pahalgam terror attack. Finance Minister Nirmala Sitharaman, in a meeting with Asian Development Bank President Masato Kanda on Monday, demanded that the bank cut its funds to…