JSW Steel posts 64 per cent decline in Q1 net profit at Rs 845 crore
Mumbai, July 19 - JSW Steel on Friday reported a 64 per cent decline in the consolidated net profit to Rs 845 crore for the April-June quarter of 2024-25 on the back of lower sales volume and realisation.
Wipro’s net profit up 4.6 pc to Rs 3,003 crore, adds 337 employees in Q1 FY25
Bengaluru, July 19 - IT major Wipro reported a 4.6 per cent rise in net profit at Rs 3,003 crore for the first quarter of the current fiscal (FY25), as revenue dropped 3.8 per cent to Rs 21,964 crore.
CBDT awards Taxnet 2.0 project to Bharti Airtel
New Delhi, July 19 - The Central Board of Direct Taxes (CBDT) on Friday said that the Taxnet 2.0 project has been awarded to telecom major Bharti Airtel Ltd for providing network connectivity, facility management services and video conferencing services to the Income
Minor disruptions only in 10 Indian banks due to Microsoft global outage, says RBI
Mumbai, July 19 - The Reserve Bank of India (RBI) on Friday clarified that only 10 banks and non-banking finance companies in the country had minor disruptions due to the large-scale outage in Microsoft services.
India’s financial sector is sound and resilient: RBI Governor
Mumbai, July 19 - RBI Governor Shaktikanta Das said on Friday that amidst global challenges and uncertainties, India stands out as a fast-growing major economy with strong macroeconomic fundamentals, backed by a healthy and resilient financial sector.
RBI chief tells banks to step up vigil against cyber attacks, digital frauds
Mumbai, July 19 - RBI Governor Shaktikanta Das said on Friday that banks and financial institutions need to maintain the highest level of vigil and strengthen their IT systems keeping in mind the growing incidences of cyber-attacks globally.
Have multiple fail safes in place to avoid Microsoft-like outages: Experts
New Delhi, July 19 - Cybersecurity experts on Friday said that businesses must test their infrastructure and have multiple fail safes in place, however large the company is, as a massive Microsoft Windows outage created mayhem across the world, including in India --
Indian UHNIs have potential to triple philanthropic contributions to Rs 75,500 cr annually: AIP-BCG report
New Delhi, July 19 - Accelerate Indian Philanthropy (AIP) -- a non-profit organisation that works to promote and catalyse personal philanthropy in India, in partnership with Boston Consulting Group (BCG), have released their report titled "Wealth with Purpose: A Report on Private Indian
Hezbollah member killed in Israeli airstrike in Lebanon
Beirut, July 20 - A Hezbollah member was killed in an Israeli airstrike on the village of Aitaroun in southern Lebanon, according to Lebanese military sources.
Africa faces shortage of 15 million teachers: African Union official
Accra, July 20 - Africa faces a deficit of 15 million in the supply of teachers, which hinders the continent's development, a senior African Union (AU) official said.
UN calls for global support as half of Namibians face hunger crisis
Windhoek, July 20 - The United Nations has called for immediate international support as nearly half of Namibia's population faces severe food insecurity due to a drought caused by El Nino.
World Bank pledges $100 million to digitise Zambia
Lusaka, July 20 - The World Bank pledged $100 million to help Zambia speed up its digital infrastructure and increase access to the internet.
UN issues stamps to mark International Moon Day
Vienna, July 20 - The United Nations (UN) Postal Administration has issued six postage stamps and three souvenir sheets featuring images from lunar missions, including China's Chang'e project, to celebrate International Moon Day on July 20.
Canadian PM announces change of cabinet
Ottawa, July 20 - Canadian Prime Minister Justin Trudeau announced a change to the cabinet.
South Korean medical professors warn of boycotting junior doctors’ training
Seoul, July 20 - Some medical professors vowed on Saturday to boycott training programmes for junior doctors in protest of the government's push for accepting the resignations of striking trainees and the medical school admission quota hikes.
AU official says Africa faces shortage of 15 million teachers
Accra, July 20 - Africa faces a deficit of 15 million in the supply of teachers, which hinders the continent's development, a senior African Union (AU) official has said.
Poliovirus detected in Gaza, but no paralytic cases reported so far: UN
United Nations, July 20 - Discovering the poliovirus in Gaza environmental samples is deeply concerning but it's a relief that no cases of the paralysing disease have been reported, UN humanitarians have said.
What recovery of Austrian assault rifle from J&K terrorists means
Srinagar, July 20 - The recovery of an Austrian assault rifle from two slain foreign terrorists in Jammu & Kashmir’s Keran sector on July 18 has added another complex dimension to the ongoing terrorism in J&K.
UP CM launches tree plantation campaign
Lucknow, July 20 - Uttar Pradesh Chief Minister Yogi Adityanath on Saturday launched 'Ped Lagao Ped Bachao Jan Abhiyan 2024' by planting a tree at Soumitra Van and stressed the goal of planting 36.50 crore trees with a "Sanatan bhaav" (spirit of Sanatan).
India’s goods exports to top countries record double digit surge
New Delhi, July 20 - India’s exports to the lucrative Western markets have recorded a strong double-digit growth in the April-June quarter of the current financial year reflecting the competitive strength of the economy.