As sentiment improves, SBI raises credit growth target
MUMBAI: State Bank of India has raised its credit growth target for the year after broad-based momentum lifted profitability in the Dec quarter, chairman CS Setty said at a briefing.…
Weaving revival: Carpet cos hope to reclaim turf
NEW DELHI: After a near standstill in business, carpet exporters are now seeing some signs of activity.The punishing 50% US tariffs, including 25% penalty for Russian oil buys, had resulted…
‘Tried to aggressively push our farm interests in US trade deal’: Piyush Goyal
NEW DELHI: Commerce & industry minister Piyush Goyal said Sunday that the govt has aggressively sought to push the farm sector’s interests in the US trade deal, while protecting its…
India-US trade deal: Pact puts auto parts exporters in driver’s seat
NEW DELHI: India’s auto component industry is set for a significant boost following the India-US trade deal, with the agreement providing preferential tariff treatment for Indian auto parts exports, including…
With Kotak Bank not in IDBI fray, eyes on foreign suitors
MUMBAI: Kotak Bank’s statement that it is not in the race to acquire IDBI Bank would mean that the success of govt’s plan to sell IDBI Bank will depend upon…
Post-Covid surge stabilises: Godrej Properties executive chairperson says Indian housing market remains strong
India’s housing market remains strong, with steady growth in both sales volumes and prices, Godrej Properties Executive Chairperson Pirojsha Godrej has said, ruling out any major concerns about demand.In an…
Oil imports decided by buyers, trade deal doesn’t decide: Piyush Goyal says diversification is in India’s strategic interest
Union Commerce and industry minister Piyush Goyal said decisions related to India’s imports of Russian crude oil are taken by domestic buyers and are not dictated by the recently concluded…
PSU banks profit may cross Rs 2 lakh crore in FY26; DFS secretary M Nagaraju hints strong credit growth
Public sector banks (PSBs) are expected to cross the Rs 2 lakh crore combined profit mark in the current financial year, buoyed by strong balance sheets, steady credit expansion and…
Venture capitalists must step up funding support for defence startups, says Niti Aayog’s VK Saraswat
Niti Aayog member and former DRDO director general VK Saraswat on Sunday said venture capitalists must increase financial support for Indian defence startups, asserting that these firms have come a…
India-US trade deal may help Tamil Nadu’s garment exports double to Rs 30,000 crore
Garment exporters in Tamil Nadu’s textile hub Tiruppur expect shipments to the United States to double to about Rs 30,000 crore over the next three years following the India-US trade…