National

08 Jul

Morgan Stanley and Jefferies maintain bullish view on Kotak Mahindra Bank

editorBusiness, National

Following a stable performance in the June quarter business update, which showed consistent pace in both lending and deposit growth even as gains in low-cost deposits moderated, Kotak Mahindra Bank's shares increased by as much as 4% to Rs 2,238 on July 8. As of June 30, 2025, the private lender's loan book had grown to Rs 4.45 lakh crore, a 14% increase from Rs 3.90 lakh crore the previous year. Advances increased 4.2% sequentially from Rs 4.27 lakh crore at the end of March. Additionally, deposits kept growing at a steady rate. End-of-period deposits increased by 2.8 percent above…

06 Jun

Over the Chenab River, PM Modi opened the tallest railway arch bridge in the world

Banasree SarkarNational

The world's tallest railway arch bridge across the Chenab River and India's first cable-stayed rail bridge, the Anji Khad Bridge, were both officially opened by Prime Minister Narendra Modi in Jammu and Kashmir. Both are essential parts of the strategic project known as the Udhampur-Srinagar-Baramulla Rail Link (USBRL), which aims to connect the Kashmir Valley with the rest of India. The Chenab Railway Bridge is now the highest railway bridge in the world, standing 359 meters above the riverbed and even higher than the Eiffel Tower. The bridge, which connects the Katra-Sangaldan stretch, was constructed in the mountainous Reasi area,…