Thu, Feb 1, 2024 3:50 PM
Bankers cheer union budget 2024’s focus on fiscal consolidation!
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Deepak Fertilisers and Petrochemicals on Tuesday reported a more than three-fold surge in second-quarter net profit at ₹210 crore on Tuesday, benefitting from strong sales growth across its business segments. In the last year, the fertiliser maker’s consolidated net profit came in at ₹60 crore. The company's revenue from the three months ending September 30 was up 13.3% on an year-on-year.
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State Bank of India's new chairman aims to expand by targeting the country's unbanked population, leveraging digitalization and technology to reach underserved areas at lower costs, and adding branches in new locations, while also investing in wealth-management technology to tap into India's growing affluent market.
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Gold price rose by Rs 300 to Rs 81,400 per 10 grams, near its record high level, in the national capital on Tuesday due to heavy demand for Dhanteras by jewellers and retailers, according to the All India Sarafa Association. Silver increased by Rs 200 to Rs 99,700 per kg on rising demand by industrial units and coin makers. It had closed at Rs 99,500 per kg in the previous close on Monday.
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