Private banks' net profit grew 26.3 per cent year-on-year (Y-o-Y) to Rs 48,982 crore in the first quarter ended June 2024 (Q1FY25) owing to healthy growth in credit and other income. The gross non-performing assets (GNPAs) increased with the end of dispensation granted during the pandemic, according to the data compiled by BS Research Bureau for listed 18 private banks.
'Right now, silver -- and especially platinum -- are very cheap compared to gold. If I were buying today, I would choose platinum.'
There is no disruption of flights of Indian Air Southeast Asia in view of the threat of the Severe Acute Respiratory Syndrome
'Within five years, we should be achieving more on the international front than what it took most airlines 15 to 20 years back.'
The ban is also estimated to have prevented 18 lakh men in the state from becoming overweight or obese, it said.
India has become a hub of drugs and is an attractive trans-shipment area for heroin bound for Europe, Africa, Southeast Asia and North America despite constant efforts by governments at all levels to combat this sort of crime, a United States report has said.
PE/VC investments touched a record $11.2 billion in the first half of 2017 against $8 billion in the same period in 2016
The Indian Embassy in Thailand, in coordination with its counterpart in Yangon, Myanmar, has repatriated 549 Indians after rescuing them from scam centers operating near the Myanmar-Thailand border. The nationals were lured with fake job offers and forced to work in scam centers. The Indian Embassy has advised citizens to verify credentials of foreign employers and check the antecedents of recruiting agents before accepting job offers.
Indian-American Vikram Singh has been appointed to a key Pentagon position to look after entire South and Southeast Asia.
Whether it's navigating the labyrinthine Cu Chi Tunnels, boating on the Mekong, marveling at ancient Champa temples, or the Mekong Bay, Vietnam promises a journey like no other.
Arsenal, Everton and Stoke City have all agreed to play in this year's Asia Trophy in Singapore in preparation for the 2015-16 Premier League season.
The trigger that led Japan and the Philippines to ink the deal was because of the deteriorating security situation in the South China Sea. China's coast guard increased the frequency and intensity of incursions into Philippine waters, provoking the Philippines to take countermeasures to deter China, explains Dr Rajaram Panda.
Climate change and environmental degradation will force as many as one billion people to migrate over the next four decades to southeast Asia, central America and parts of west Africa.
The $22.8 billion CK Hutchison ports deal intensifies geopolitical tensions between the US and China. Chinese media has already called it 'a betrayal of all Chinese people'. Shyam G Menon explains how the proposed sale will reshapes global trade infrastructure.
'If it doesn't, it will continue with measures to infuse liquidity, signalling a new cycle,' predicts Tamal Bandyopadhyay.
Swedish telecom gear maker Ericsson on Saturday announced setting up a 6G research and development centre in Chennai. Ericsson is also looking to partner with other premier engineering institutes in India for 6G-related research. "This R&D centre in India is a small unit which will become bigger. We only have three in the world.
Social media giant Meta has appointed Sandhya Devanathan as the vice president of Meta India, the company said.
The Southeast Asian nation has been focusing on modernising its military in the face of myriad security challenges as well as decades-long territorial disputes with China in the South China Sea.
In outbound travel, India will be ahead of Italy, South Korea, Australia, Canada and France.
The Sittwe deal is more significant than Chabahar in Iran, where India has rights to operate only two terminals and not the port itself.
Vistara has a three-class configuration with business, premium economy and economy cabins.
Although the pact would focus mainly on the Pacific and the South China Sea region, any action designed to deter China with or without New Delhi's active participation is a welcome move, notes Commodore Venugopal Menon (retd).
It was the summer of 2006 (May 18). Writers' Building, then the state secretariat, was buzzing with journalists. The event marked the start of Buddhadeb Bhattacharjee's second term as chief minister. And in style, it got off with West Bengal bagging the small car plant, Nano.
A combination of one of the lowest labour costs and a large surplus workforce, which will continue to grow until 2031, is one of the key competitive edges that India is leveraging to challenge its rivals in Southeast Asia in the race for a China-Plus-One strategy. Apart from India, the countries in the race to woo global companies that manufacture in China, as well as the supply chains to their country include Thailand, Indonesia, Malaysia, the Philippines, and Vietnam. On the labour front, India is a clear winner.
Policymakers should aspire to restore the pre-Independence environment where the rupee was trusted and used all over South Asia, in Southeast Asia, in West Asia, and in East Africa, suggests Ajay Shah.
'Three decades of intensive discussions, protocols and Confidence Building Measures were jettisoned one fine morning in 2020.' 'The primary lesson that has been learnt is that that there is no reliability about the Chinese.'
This makes it the most valued fintech company in the country after Paytm and Walmart-owned PhonePe.
Prime Minister Narendra Modi has said that the Quad is not against anyone, but for a rules-based international order and respect for sovereignty, in a veiled reference to China.
Make sure to visit this monastery-turned-snake sanctuary when you go to Myanmar.
Global Pharma Healthcare is recalling entire lots of eye drop linked to vision loss in the US, according to the US Food and Drug Administration. The Chennai-based company is recalling all lots of artificial tears lubricant eye drops distributed by EzriCare, LLC and Delsam Pharma to the consumer level due to possible contamination, the US health regulator said in a statement. "The Centres for Disease Control and Prevention (CDC) alerted FDA to an investigation of a multi-state cluster of Verona Integron-mediated Metallo--lactamase (VIM)- and Guiana-Extended Spectrum--Lactamase (GES)- producing carbapenem-resistant Pseudomonas aeruginosa (VIM-GES-CRPA) infections possibly associated with the use of the artificial tears manufactured by Global Pharma Healthcare," USFDA said.
Having seen a rapid growth in demand for frontline workers in FY22 with the economy opening up, the growth seems to have muted in FY23 due to macroeconomic challenges. According to BetterPlace's Frontline Index Report, total demand for frontline jobs decreased by 17.5 per cent. In FY23, 6.6 million frontline jobs were created in India as compared to 8 million in FY22.
'The top two reasons for the low participation of kids are lack of time and need to focus on studies.'
Speaking at a seminar in New Delhi, Madhav stressed that culture and religion have been the major aspect of ties between India and Southeast Asia
Air India, IndiGo, and SpiceJet have suspended flights to China and Hong Kong.
Lou also spoke about China's tensions with neighbouring countries without directly mentioning the eastern Ladakh border standoff with India since May 2020 which resulted in the Galwan Valley clash in June of that year.
China welcomes all initiatives that truly help developing countries build infrastructure and sincere efforts to promote connectivity and common development, the Chinese Foreign Ministry said.
Manmohan Singh faced stiff competition in Singapore. No, not at the East Asia Summit or in meetings with the Asean. But the rival attractions of two imaginative exhibitions on India's past and an exhaustive three-day conference titled "Early Indian Influences in Southeast Asia" eclipsed his presence while China's Wen Jiabao basked in media glory that reflected the reality of economic and military power.
