Union Bank of India's net profit rose 13.7% to ₹3,679 crore in Q1 FY24, but the bank flagged challenges on net interest margins due to higher deposit costs.

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.

The Indian government is expected to introduce amendments to banking laws during the upcoming Budget session to push banking sector reforms, including privatisation of public sector banks.

NCLAT delays insolvency proceedings against Supertech Realtors, pending lenders' decision on a revised settlement offer. The Supernova project, under construction, will continue under IRP supervision.

SBI introduces 'MSME Sahaj', an end-to-end digital invoice financing solution designed to streamline and expedite financing for small businesses.

Suzlon Group's Q1 PAT nearly tripled to Rs 302 crore on strong revenue growth. The company also boasts a record order book of 3.8 GW. Read more.

Experts highlight the unaddressed mental health crisis in India, calling for increased accessibility to resources, awareness, and a paradigm shift to tackle the issue.

Nagpur district boasts the highest solar rooftop panel installations in Maharashtra, accounting for 17.28% of the state's total, according to MSEDCL. Learn about the scheme and its benefits.

Gensol Engineering wins bid for 116 MW solar projects in Gujarat, distributed across 27 locations under Paschim Gujarat Vij Co. Ltd. (PGVCL).

The Union government has granted site clearance for the proposed Parandur airport in Tamil Nadu, a key development for the state's aviation sector. The project will be implemented by the Tamil Nadu...

Suzlon Group's Q1 PAT nearly tripled to Rs 302 crore on strong revenue growth. The company also boasts a record order book of 3.8 GW. Read more.

Experts highlight the unaddressed mental health crisis in India, calling for increased accessibility to resources, awareness, and a paradigm shift to tackle the issue.

Nagpur district boasts the highest solar rooftop panel installations in Maharashtra, accounting for 17.28% of the state's total, according to MSEDCL. Learn about the scheme and its benefits.

Shiromani Akali Dal (SAD) urges the 16th Finance Commission to modify the tax devolution formula, increase central funds for Punjab, and address issues like crop diversification, farmer debt, and...

India's Chief Economic Advisor expects private sector investment to further improve in the coming months, driven by government capex and a potential uptick in Chinese FDI.