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Month: May 2025

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IOB posts 30% rise in net profit in Q4 FY25

[ad_1] CHENNAI: Public sector Indian Overseas Bank (IOB) on Friday reported a 30% growth in netprofit at Rs 1,051 crore in the quarter ended Mar 31, 2025, against Rs 808 crore in the corresponding quarter last year. It is the first time that the Chennai-headquartered bank crossed the Rs 1,000-crore mark in net profit during a quarter. [ad_2] Source link

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‘If RCB want to win the IPL, they must …’: Former India cricketer on key to ending trophy drought | Cricket News

[ad_1] Virat Kohli and Rajat Patidar (PTI Photo) As Royal Challengers Bengaluru prepare to host Chennai Super Kings in a crucial IPL 2025 clash on Saturday, former India cricketer Aakash Chopra believes that a top-two finish is essential for RCB if they are to break their long-standing title drought.With 14 points from 10 games, RCB sit third on the table, and a win over CSK would take them to the top with 16 points. Chopra noted that while the win would all but ensure a playoff berth, it’s Qualifier 1 that Patidar’s men must aim for.Go Beyond The Boundary with our YouTube channel. SUBSCRIBE NOW!"RCB have never won in Chennai since 2008, but they did that job. At home, it's even-stevens," Chopra said on his YouTube channel. "They can very well qualify tonight, but the ‘Q’ won’t be next to […]

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China’s Amazon rival Temu’s good news for buyers and Why it is very good news for Donald Trump

[ad_1] Amazon's biggest Chinese rival in the US Temu is abandoning the model which it almost built around its business in the country. Temu is changing its business model centered around cheap Chinese imports, aiming to sell only goods from local merchants to American consumers for the foreseeable future. This basically means that Temu is for now abandoning the very business model that helped it become a huge success in the US.PDD Holdings Inc’s online retail website that became a household name in the US after its entry just a few years ago with cut-price items from dresses to kitchen towels. China's Temu now intends to shift to what it calls a “local fulfillment” model. In an emailed statement to Bloomberg, the company said that it is actively recruiting US merchants and will sell only their locally based merchandise. The […]

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Temu halts shipping goods from China directly to US customers

[ad_1] Temu, the Chinese e-commerce giant, has stopped shipping products directly from China to US customers. Instead, all orders will now be fulfilled from warehouses within the United States, a company spokesperson confirmed Friday.The move comes following the closure of a provision that previously permitted Chinese-made products valued up to $800 to enter the United States without import duties, according to The New York Times.The exemption, which President Donald Trump described as a "big scam" detrimental to American small businesses, concluded on Friday. After Trump announced plans to end the “de minimis” loophole, which let goods under $800 enter the US without tariffs, Temu said last month it would adjust its prices. De minimis is a Latin term, which loosely translates to English as "of the smallest".The company began implementing import fees for US customers purchasing Chinese items last week, […]

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NEET UG 2025 tomorrow: Last-minute tips for a strategic and stress-free exam day

[ad_1] NEET UG 2025: The National Eligibility cum Entrance Test (NEET) UG 2025, one of the most awaited entrance exams for aspiring doctors across India, will be conducted by the National Testing Agency (NTA) tomorrow, May 4, 2025. This exam serves as a gateway to undergraduate medical programs in the country and is crucial for lakhs of students who dream of becoming doctors.As the final countdown begins, candidates must approach the exam with a calm mindset and a well-thought-out strategy. According to Harpreet Singh, Director at Unacademy, Lajpat Nagar, students should focus on revising thoroughly and avoid unnecessary stress. A relaxed yet disciplined approach on the last day can significantly impact performance during the exam.Key changes in NEET UG 2025 exam patternThis year, NEET UG 2025 has introduced some important changes in its exam pattern. The total number of questions […]

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Private capex stays sluggish in Q4FY25 despite growth in new projects: Report

[ad_1] This is an AI-generated image, used for representational purposes only. NEW DELHI: Private capital expenditure (capex) in India remained weak in the fourth quarter of FY25, even as overall project announcements surged, according to a report by Avendus Spark. While new project announcements across the public and private sectors rose by 22.7 per cent year-on-year (YoY) to Rs 18 trillion in Q4FY25, the private sector contributed only marginally to this growth, reported news agency ANI.The report said, "Private capex remains sluggish in Q4FY25...New project announcements, encompassing both public and private sectors, surged approximately 22.7 per cent to Rs 18tn in Q4FY25." However, it added that private project announcements grew by just 4 per cent YoY during the quarter and even declined 9 per cent for the full fiscal year, touching Rs 27 trillion. This downturn was largely due to […]

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Pakistani singer Abida Parveen’s instagram account banned in India amid growing tensions between the two nations

[ad_1] Renowned Pakistani Sufi singer Abida Parveen’s Instagram profile is no longer accessible to users in India.This move is part of the ongoing restrictions imposed on several prominent Pakistani celebrities following the recent terror attacks in Pahalgam, India.Screenshots of the account being banned have been widely shared on X (formerly Twitter) by fans and listeners of Abida. The message reads: “Account not available in India. This is because we complied with a legal request to restrict this content.”Abida Parveen is known for her soulful renditions of Sufi poetry. 'Tu Jhoom', 'Main Naraye Mastana', 'Pardadari', 'Chaap Tilak' and 'Aaqa' are some of her most celebrated tracks.The restriction follows a series of similar actions affecting artists such as Hania Aamir, Mahira Khan, Ali Zafar and Fawad Khan. While there has been no official explanation directly linking these bans to specific events, the […]

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Man accused of raping corpse on New York subway train is illegal immigrant who repeatedly crossed US border

[ad_1] A man accused of raping a corpse on a Manhattan subway train near the Whitehall Street station, is an undocumented immigrant who reportedly crossed the US border at least five times before being arrested for the disturbing act.Felix Rojas, aged 44, had crossed the US-Mexico border without authorisation“on several occasions” during the 1990s, before being intercepted by Border Patrol agents and voluntarily departing, an ICE spokesperson said, according to the New York Post.Rojas subsequently re-entered the country undetected until his arrest by NYPD on Sunday evening. The arrest was in connection with the violation of Jorge Gonzalez, a 37-year-old family man who had passed away on an R train approximately three weeks prior, officials confirmed.A court proceeding this week revealed what Rojas allegedly did after finding Gonzalez dead or dying on a subway bench on April 8. According to […]

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CBSE Result 2025: Important update for students, answer sheets to be provided before mark verification and re-evaluation

[ad_1] CBSE Result 2025: Important update for students, photocopy of answer sheet now comes first CBSE result 2025: In a major change to its post-result grievance redressal mechanism, the Central Board of Secondary Education (CBSE) has revised the sequence of steps students must follow to raise concerns regarding their Class X and Class XII results. According to the new guidelines, students will now be required to first obtain photocopies of their evaluated answer sheets before applying for verification of marks or re-evaluation.This change, announced through an official notification dated May 2, 2025, aims to enhance transparency and empower students to make informed decisions. By allowing students to access their evaluated answer books first, CBSE intends to help them clearly understand the marking process and identify any discrepancies before initiating the formal verification or re-evaluation procedures.Photocopy of evaluated answer book to […]

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Rupee likely to appreciate in near term amid stronger flows & global tailwinds: Report

[ad_1] Representative image (Picture credit: ANI) NEW DELHI: The Indian rupee is expected to strengthen against the US dollar in the near term, driven by a combination of improving domestic fundamentals and a supportive global environment, according to a recent report by Bank of Baroda. The report, as per ANI, projects the rupee to trade in the range of 84 to 85 per US dollar over the coming days."We expect INR to trade with an appreciating bias in the near-term in the range of 84-85/US dollar," the bank noted in its currency outlook. However, it also warned that “escalation in US-China trade relations poses a significant risk to our view.”The rupee has already gained ground in recent months. It appreciated by 1.1 per cent in April 2025, following a sharper rise of 2.4 per cent in March. A key driver […]

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