News

HDFC Bank Q3 results: Profit may inflation to 3%, NII 6-8%; know what to watch out for

HDFC Bank Q3 results: Profit may inflation to 3%, NII 6-8%; know what to watch out for

HDFC Bank Q3 results: The largest private lender is likely to report a 0-3 percent rise in net profit for the December quarter, while net interest income (NII) will grow 6-8 percent. Provisions may rise sequentially, but decline on a year-on-year (YoY) basis. Net interest margin (NIM) may remain stable, banking analysts said, adding that management commentary on loan growth will be closely watched later today. Axis Securities expects HDFC Bank to report a 2.2 per cent year-on-year (YoY) rise in net profit at Rs 16,737 crore for the December quarter, as against Rs 16,373 crore in the same quarter…
Read More
Patients Dying in Hospital Corridors Amid UK Healthcare Crisis

Patients Dying in Hospital Corridors Amid UK Healthcare Crisis

The United Kingdom's healthcare system is facing a severe crisis, with reports of patients dying in hospital corridors due to overcrowding and staff shortages. Nurses have highlighted the dire conditions, including patients receiving treatments in semi-public areas and delays in critical care. The situation has prompted calls for urgent government intervention to address the systemic issues plaguing the National Health Service (NHS). The crisis underscores the need for comprehensive healthcare reforms to ensure patient safety and quality care.
Read More
Southern California is battling devastating wildfires fueled by strong Santa Ana winds

Southern California is battling devastating wildfires fueled by strong Santa Ana winds

Southern California is grappling with devastating wildfires exacerbated by strong Santa Ana winds. The fires have destroyed thousands of homes and resulted in 27 fatalities. Firefighters, including inmate crews, are working tirelessly to contain the blazes. Climate change and urban expansion have contributed to the severity of the wildfires, raising concerns about future fire seasons. Residents have been forced to evacuate, and the region faces significant challenges in disaster response and recovery.
Read More
Despite the ceasefire, tensions continue between Israel and Hamas

Despite the ceasefire, tensions continue between Israel and Hamas

On January 20, 2025, a ceasefire between Israel and Hamas took effect, leading to the release of hostages and the delivery of humanitarian aid to Gaza. Three Israeli women, including British-Israeli dual national Emily Damari, were freed after 471 days in captivity. Concurrently, Israel released 90 Palestinian prisoners. The ceasefire has allowed for an influx of aid into Gaza, with 915 trucks delivering essential supplies. Despite the truce, tensions persist, exemplified by Israeli settlers attacking Palestinian villages in the West Bank, resulting in property damage and injuries. The international community continues to monitor the situation closely.
Read More
Airtel and Bajaj Finance announce partnership to transform India’s digital financial landscape

Airtel and Bajaj Finance announce partnership to transform India’s digital financial landscape

Bharti Airtel and Bajaj Finance have entered into a strategic partnership to build one of India’s largest digital platforms for financial services, aiming to provide seamless and inclusive access to financial products for millions of customers. With Airtel’s 375 million customer base and Bajaj Finance’s diverse portfolio of 27 financial products, the collaboration is set to revolutionize the delivery of financial services across the country. As part of the partnership, Airtel will offer Bajaj Finance’s retail financial products via its Airtel Thanks App and through its nationwide network of stores. Customers will have access to key products such as Personal…
Read More
Tripura CM inaugurates Purvottar Adi Bazar in Agartala

Tripura CM inaugurates Purvottar Adi Bazar in Agartala

Tripura Chief Minister Manik Saha recently inaugurated the Purvottar Adi Bazar at Purbasa Urban Hut Complex, Jail Road, Agartala, where he said that the Bazar will play an important role in the development of handicrafts in the North Eastern region."Purvottar Adi Bazar is a platform to showcase the culture, heritage, and artistic talents of the artisans of Tripura and the North Eastern region. It will play an important role in the development of handicrafts inthe region," Saha said. It must be noted that Purvottar Adi Bazar, a joint initiative of the Tribal Co-operative Marketing Federation of India (TRIFED) and Tripura…
Read More
Manik Saha praises BJP’s discipline and commitment to welfare

Manik Saha praises BJP’s discipline and commitment to welfare

Tripura Chief Minister Manik Saha on January 20 praised the Bharatiya Janata Party (BJP) for its discipline and dedication to societal welfare, emphasizing the party's commitment to reaching every individual through developmental initiatives. Speaking at an event where Gouranga Bhowmik was announced as the Sadar (Rural) District President, CM Saha highlighted the systematic approach of the BJP in organizational development. "We began at the booth level, moved to Mandal Presidents, and now, District Presidents. Among 11 candidates, Gouranga Bhowmik was elected, reflecting the party’s transparent and disciplined process," he said. Saha urged party members to prioritize discipline and adhere to…
Read More
Mizoram free from ASF pig deaths in January, officials remain cautious

Mizoram free from ASF pig deaths in January, officials remain cautious

Mizoram has reported no pig deaths due to African Swine Fever (ASF) in January 2025, marking a continuation of a positive trend, according to the state’s Animal Husbandry and Veterinary Department. However, officials remain cautious, warning that the disease could resurface with the onset of warmer weather. Since the outbreak was first reported in Lungsen village, Lunglei district, in March 2021, ASF has claimed over 62,000 pigs, leading to significant economic losses. In 2024 alone, 14,950 pigs succumbed to ASF, while 24,177 were culled as a preventive measure, resulting in losses exceeding ₹330 crore. The cumulative monetary loss due to…
Read More
Havells India shares inflation despite marginal drop in third quarter net profit

Havells India shares inflation despite marginal drop in third quarter net profit

Havells India Ltd shares jumped on January 20 despite the company reporting a marginal drop in net profit in the December quarter. The home appliance maker's profit fell to Rs 283 crore from Rs 288 crore a year ago in the quarter ended December 31. Havells' revenue from operations rose nearly 11% to Rs 4,883 crore, while total expenses rose 12.3% to Rs 4,564 crore. Havells India shares were trading 1.5% higher at Rs 1,598 per share at 1:35 pm on January 20. This performance reflected strong demand from its switchgear project business, but it suffered inventory de-stocking in wires…
Read More
Militant held by Assam Police under ‘Operation Praghat’

Militant held by Assam Police under ‘Operation Praghat’

A person, suspected to be a member of a fundamentalist terror group, was arrested in Assam’s Dhubri district, a police spokesperson said on Sunday. The arrest was made by the state police’s Special Task Force (STF) as part of ‘Operation Praghat’, an ongoing multi-state exercise against terrorists, fundamentalists and terror networks. The spokesperson said, "One Jaheer Ali, a ‘jehadi’, was apprehended from Khudigaon village under the Bilasipara police station limits."
Read More