News

Mumbai: Axis Bank has posted a net profit of Rs 5,864 crore for the September quarter — an increase of 10% over Rs 5,330 crore reported in the year-ago period. The increase in net profit comes on the back of a 19% rise in net interest income to Rs 12,315 crore, as compared to the previous year.Deposits of the bank rose 17.8% to Rs 9.6 lakh crore at the end of September, from Rs 8.1 lakh crore a year...

NEW DELHI: After a triumphant performance against the Netherlands, Steve Smith, the veteran Australian cricketer, attributed his return to form in the ongoing World Cup to some key technical adjustments. On Wednesday, the 34-year-old displayed his revamped technique as he blazed his way to a robust 68-ball 71, comprising nine boundaries and a maximum. Smith's partnership with David Warner (104) of 132...

KOLKATA: Bengal’s Durga Puja economy could well have touched the Rs 50,000-crore mark this year with puja organisers, advertisers, retailers and restaurants registering a 20% hike in businesses over 2022. Kolkata is expected to account for around 20% of the pie at Rs 10,000 crore. Last year, total transactions were estimated to be around Rs 40,000 crore, up from Rs 32,377 crore in 2019.The 2019 figure...

CHENNAI: The Tamil Nadu government on Wednesday announced a 4% dearness allowance hike for government employees, teachers, pensioners and family pensioners. "The chief minister has ordered that the dearness allowance shall be enhanced to 46% with retrospective effect from July 1, 2023," said an official statement. Chief minister M K Stalinhad earlier announced that the government would fulfil the demand...

MUMBAI: The BMC has pushed the deadline for opening one carriageway of Andheri's Gokhale bridge from November to February 15. The announcement came after Wednesday's joint meeting of BMC chief I S Chahal, Western Railway general manager Ashok Kumar Mishra, local MLA Ameet Satam and civic, railway and Rail India Technical and Economic Service officials for planning the launch of girders.Chahal sought...

KOLKATA: What to eat in Kolkata is a gastronomic fantasy. What not to eat wasn't food for thought until Durga Puja organisers found 600-odd chemical-laced decorative phuchkas, the city's famed version of golgappas, missing from their pandal's decor.Behala Natun Dal alerted police this week to the phuchka pilferage, fearful of the possibility of people who made off with the globules coming to harm after...

Work to renovate the heritage building that served as the administrative block of the King Institute of Preventive Medicine in Guindy is gathering steams, and will be completed by 2024-end.In June, the PWD’s building centre and conservation division commenced work on the heritage building at an estimated 8.3 crore. This is among the 17 heritage buildings taken up for renovation across Tamil Nadu in...

With blood smeared tablecloth and skeletons hanging in the air, a lavish feast will be laid for ghosts, ghouls and witches on the night of October 31. Restaurants across NCR are all set to offer patrons a perfectly spooky experience and a bloody good time with Halloweenspecial menus and decor. The menu includes drinks like ghost’s eye, bloody zombie and grave digger and dishes like monster baos and...

MUMBAI: The air intelligence unit (AIU) of customs arrested a 20-year-old man for smuggling 3.5 kg of gold worth Rs 1.67 crore in Mumbai. On specific intelligence, the officer of AIU intercepted Alsiban Majed who arrived from Bahrain and walked the green channel without disclosing that he had brought dutiable goods.Officials said that due to festival season, the huge differences of price as compared to...

NEW DELHI/LUCKNOW: The idol of Ram Lalla will be installed on January 22 at the Ayodhya temple in the presence of PM Narendra Modi, capping decades of efforts, including the largest mass mobilisation post-Independence and a hard-fought legal battle, to reclaim the site. This could potentially set the stage for a long spell of celebrations.Although January 22 had been speculated to be among the probable...