State Bank of India (SBI), India's largest lender, is looking to raise Rs 10,000 crore through 15-year infrastructure bonds as early as next week, said multiple sources aware of the development. Market participants expect a coupon in the range of 7.15-7.18 per cent for SBI's upcoming infrastructure bond issuance. This comes as demand for longer-tenor papers has remained strong in recent domestic capital market offerings.
The launch of the intermediate range ballistic missile Agni-III should be seen as a stepping stone in pushing the country towards further advances in military technology, the defence minister said.
Paris 2024 organisers on Friday inaugurated the 'Pride House' of the upcoming Olympics
Images from Day 6 of the Paris 2024 Paralympic Games on Tuesday, September 3, 2024.
State Bank of India (SBI) on Saturday reported an almost flat standalone net profit at Rs 17,035 crore for the first quarter of the current financial year. The country's biggest lender had posted a net profit of Rs 16,884 crore in the April-June quarter of 2023-24. The bank's total income increased to Rs 122,688 crore in the first quarter against Rs 108,039 crore a year ago, SBI said in a regulatory filing.
India "successfully" test-fired its nuclear-capable Agni-III ballistic missile with a range of more than 3,000 km from the Wheeler Island off the Orissa coast, on Sunday.
'The customer is fast changing, and she demands newer experiences that wealth can buy.'
Flipkart's hyper-value e-commerce platform Shopsy is intensifying efforts to tap over half of the 821 million internet users (about 442 million) in rural India. These efforts are being led by Prathyusha Agarwal, who recently joined as business head at Shopsy. The aim is to become the go-to destination for consumers seeking entry-level products across various categories.
Recently a number of reports and rumours regarding Samsung's next flagship smartphone, Samsung Galaxy S III, have hit the Internet. The device was previously rumoured to be launched at the MWC 2012 event in February.
Basel-III norms, proposed to be implemented from the beginning of 2013 till 2017, require the equity capital of a bank to be not less than 5.5 percent of risk-weighted loans, as per the draft guidelines issued by Reserve Bank of India.
The Samsung vs Apple war is all set to witness a new dimension as the cyber world goes abuzz with the launch of Samsung Galaxy S III Mini a smaller version of the record-breaking Samsung Galaxy S III -- on October 11 even as rumours grow louder of an iPad Mini sometime later on October 17.
The government's two-year-old production-linked incentive (PLI) for air conditioner (AC) components has boosted domestic production, with average value addition or localisation increasing from 25 per cent to 55 per cent now, according to the scheme's beneficiaries. Last year, 10 million ACs were manufactured and sold in India and the number is expected to reach 14 million in 2024, according to industry estimates. Domestic production is expected to hit 30 million by 2030.
The United States has called for a 21 day ceasefire on the Israel-Lebanon border to prevent an escalation of war and give diplomacy a chance there and in Gaza.
Troubled twins, dangerous cults, portent dreams, telepathic kids, World War III, yakuza clans... Sukanya Verma lists the many options on OTT this week.
Paris authorities have promised to make the Seine swimmable as a key legacy of the Games, and spent 1.4 billion euros ($1.51 billion) on wastewater infrastructure to contain sewage and minimise spillage into the waterway.
Why can't the Indian government propose to the Chinese a corridor circumambulating the Holy Mountain where people from both sides could perform the yatra again? asks Claude Arpi.
The city's 24-hour Air Quality Index (AQI), recorded at 4 pm daily, stood at 417, making it the worst in the country. On Friday, the AQI level was 396.
'Our politicians solely depend on bureaucrats who are unaccountable and follow their own agenda.' 'Our politicians would dare not dream of establishing a DOGE,' argues Lieutenant General Prakash Katoch (retd).
Tata Motors on Wednesday said it remains confident about the long-term prospects of the electric vehicle segment and termed the fall in sales numbers a "short-term" issue. In an interaction with PTI at the launch of the company's first mid-sized electric SUV, Curvv.ev, at a starting price of Rs 17.49 lakh (with 45 kWh battery) Shailesh Chandra, managing director of Tata Motors Passenger Vehicle and Tata Passenger Electric, said that the company is looking to achieve one-lakh electric vehicle sales this financial year. Curvv EV is the second car based on the advanced Pure EV architecture - acti.ev, which marks Tata Motors' entry into the highly competitive mid-size SUV segment and will be competing with the likes of MG ZS EV, Hyundai Creta and Maruti Suzuki Grand Vitara, among others.
'Within India, people want high-quality, personalised banking services, and the demand for such services has exploded.'
The two leaders had a complex relationship yet formed a partnership and even after their parting of ways, the two admired each other in their efforts for India's freedom.
Russian President Vladimir Putin had assured his support for ONGC Videsh Ltd taking a 20 per cent stake in the project, Deora said on Thursday.
Gold, a safe-haven bet, is likely to continue its record-smashing journey in the New Year, rising to Rs 85,000 per 10 grams and even Rs 90,000 level in domestic markets if geopolitical tensions and global economic uncertainties continue.
Defence Research and Development Organisation scientists have traced the possible fault that caused the failure of the first test of Agni-III missile on July 9 and are addressing it, DRDO Director General M Natarajan said.
If the grapevine is to be believed Samsung will not price the S III Mini above Rs 21,000 to take on the competition and make it available for Indian consumers just before Diwali.
The city's 24-hour Air Quality Index, recorded at 4 pm every day, stood at 418, up from 334 the previous day, and it may trigger stringent restrictions under the third stage of the graded response action plan to mitigate hazardous conditions.
'We are puppets. We have to go where the government takes us.' Archana Masih reports on Kashmiri Pandits facing a third migration after they fled their homeland in the late 1990s.
'India has undeniably become the GCC capital of the world.'
The contentious paragraph from last year's verdict, instructing the state to expedite consideration of Meitei community inclusion, was deemed for deletion.
Manufacturing lines at various car producing facilities across the country started to roll out the new range of Bharat Stage-IV compliant vehicles in the 13 notified cities from April 1, according to the Union government guidelines on emission norms.
The fire on a merchant vessel off the Karwar coast has been brought under control after more than 24 hours but one of the ship's 21 crew members was missing, the Indian Coast Guard (ICG) said on Saturday.
India will test fire its long-range surface-to-surface missile, Agni-III, by the year end and has started induction of the Agni-I and Agni-II versions in a newly raised strategic command, Dr M Natrajan, scientist claimed on Tuesday.
Chief of the General Staff of the Iranian Armed Forces, Mohammad Bagheri, told Press TV that the Nevatim air base, the Netzarim military facility and the Tel Nof intelligence unit, were hit in the Tuesday night attack dubbed 'Operation True Promise II'.
Royal Challengers Bangalore will miss Jesse Ryder in this year's Indian Premier League as the Kiwi all-rounder is struggling with a prolong groin injury.
The on-time performance (OTP) of Indian carriers took a major dip in January as dense fog foiled their flight schedules. According to data from the Ministry of Civil Aviation reviewed by Business Standard, five out of six major Indian carriers - IndiGo, Air India, AIX Connect, Akasa Air, and Vistara - recorded their lowest OTPs in at least the last 11 months. In response to queries, an Air India spokesperson said that during this winter, northern India experienced unusually prolonged periods of dense fog affecting traffic at the airline's two largest hubs -- Delhi and Mumbai.
The flight test fully met all the trial objectives validating complete network centric warfare weapon system, the defence ministry said.
Britain's King Charles is on a personal visit to Bengaluru where he is staying at a sprawling integrative medical facility near Whitefield, sources said on Wednesday.
The Indian Premier League is facing a rough pitch. With a little over six months to go for the third leg of the most successful cricket properties of recent times, with a brand value of $2 billion, IPL is facing hostile bouncers -- four to be precise -- that it is finding hard to negotiate.
Indian Space agency Indian Space Research Organisation would launch the Geo-synchronous Satellite Launch Vehicle-Mark III (LVM3 X mission) on December 18 which would carry active solid boosters, liquid core stage and a passive cryo-stage.
Second body blow after diesel ban on engines of 2,000 cc and above in NCR.
