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profit

Post-Covid, profits rise faster than investment | India News

Profits pulled sharply ahead of investment in FY24 (Representative image) MUMBAI: Corporate profits have recovered much faster than investment after the pandemic, with aggregate profit before interest and tax (PBIT) growing 21.4% in FY24 against 6.1% growth in gross fixed assets (GFA), an Economic Advisory Council to the Prime Minister working paper has found.Profitability itself...
federal bank falls 4 on report of jana small finance bank stake acquisition

Federal Bank shares fall post merger talks

In its clarification, Federal Bank said it evaluates opportunities for growth and expansion in the ordinary course of business. MUMBAI: Shares of Federal Bank closed 3% lower on Tuesday after reports that the lender was pursuing a merger with Jana Small Finance Bank, while Jana SFB fell 2% as sensex closed flat. Both banks later...
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RBI turns net buyer of dollars in June

Remittances rose 6.5% month-on-month to $2.5 billion in June, nearly 20% higher than a year earlier. MUMBAI: RBI turned a net purchaser of US dollars in June this year, buying $561 million in the spot and over-the-counter market after net sales of $6.1 billion in May and $3.6 billion in June 2025.According to the central...
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CRE investor competition sees strongest growth in a year

Sinology | Moment | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight...
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