UCO Bank reported a 147% jump in net profit to Rs 551 crore in Q1 FY24, driven by strong loan growth and improved asset quality. The bank's total business also grew significantly.

Indian stock markets surged to new highs on Monday, driven by strong gains in PSU bank shares and fresh foreign fund inflows. The Sensex closed at 80,664.86, while Nifty settled at 24,586.70.

Bank of Maharashtra recorded the highest growth in total business and deposits among PSBs in FY24, outperforming even SBI. BoM also leads in CASA growth and asset quality.

UCO Bank aims to bring down government's stake to 75% by FY25 to comply with SEBI norms. The bank will issue 400 crore equity shares in tranches.

UCO Bank's net profit declined by 10% to Rs 526 crore in Q4 FY24, while total income increased. The bank also announced a dividend after nine years. Learn more.

Union Minister Piyush Goyal warns against populist handouts, stating they harm the country in the long run. He highlights the government's focus on skilling youth and boosting the startup ecosystem.

IDFC First Bank reported an 11% decline in net profit to Rs 680 crore in Q1 FY24. Total income rose, while gross NPAs declined.

NITI Aayog outlines key structural challenges India needs to address, including manufacturing, logistics, and income disparity, to avoid the Middle-Income trap.

Coal India Limited (CIL) has reversed the declining trend in underground (UG) coal production for the first time in 14 years, thanks to modernization and technology.

India's income tax department reports over 5 crore ITRs filed for AY 2024-25, an 8% rise from last year. Infosys, the e-filing portal's tech partner, assures uninterrupted services.

Union Minister Piyush Goyal warns against populist handouts, stating they harm the country in the long run. He highlights the government's focus on skilling youth and boosting the startup ecosystem.

IDFC First Bank reported an 11% decline in net profit to Rs 680 crore in Q1 FY24. Total income rose, while gross NPAs declined.

NITI Aayog outlines key structural challenges India needs to address, including manufacturing, logistics, and income disparity, to avoid the Middle-Income trap.

NCCF will sell subsidised tomatoes at Rs 60/kg in Delhi-NCR from Monday to provide relief from soaring tomato prices. The move comes as prices have surged due to supply disruptions.

Coal India Limited (CIL) has reversed the declining trend in underground (UG) coal production for the first time in 14 years, thanks to modernization and technology.