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Oil palm giant Presco reports 140% surge in profit as Ghanaian expansion boosts revenue

Nigeria, April 9 -- Post-tax profit at oil palm company Presco jumped far more than double to N77.8 billion in 2024, partly due to its recent expansion into the Ghanaian market. That helped lift marg... Read More


Pvt school students not bound to buy books from any designated shop, says Haryana CM

Chandigarh, April 9 -- Haryana Chief Minister Nayab Singh Saini said that all students studying in government schools across the state will receive their textbooks by April 15. He said that students o... Read More


Credit card NPAs spiked 500% in past four years, shows RBI data. What is driving defaults?

New Delhi, April 9 -- Credit card usage has undoubtedly risen considerably in the past few years, primarily steered by increased consumer spending and the growing popularity of digital payments. Howev... Read More


Revision of disaster mitigation law aims to strengthen BNPB: MP

Jakarta, April 9 -- The Indonesian House of Representatives (DPR RI) emphasized the need to revise Law Number 24 of 2007 on Disaster Mitigation to strengthen the National Disaster Mitigation Agency's ... Read More


GTA 6 and Switch 2 set to boost game spending despite rising global import tariffs: Report

India, April 9 -- The gaming industry is projected to see a spending surge in the coming years, driven by two major launches: Nintendo Switch 2 and Grand Theft Auto 6. This expectation follows a recen... Read More


RBI never wastes a good crisis, says deputy governor Swaminathan J

Mumbai, April 9 -- The Reserve Bank of India (RBI) will deal appropriately with those accountable if it finds there were lapses leading to what it calls "episodes" in the financial services sector, de... Read More


Urban schools face severe A/L teacher shortage?

Sri Lanka, April 9 -- The Ceylon Teachers' Union (CTU) raised alarm over a critical shortage of teachers for the G.C.E. Advanced Level (A/L) in schools across the country, particularly in urban nation... Read More


Nifty 50, Sensex today: What to expect from Indian stock market in trade on April 9 ahead of RBI policy

New Delhi, April 9 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open lower on Wednesday, influenced by negative global cues. The trends on Gift Nifty also indicate... Read More


Expert view: There could be double-digit growth in buckets and not all sectors, says Saurabh Pathak of Purnartha PMS

New Delhi, April 9 -- Saurabh Pathak, Head - Investment Counsellor at Purnartha PMS, believes the Nifty 50 and the Sensex could see 8-10 per cent growth for FY26. He, however, added that he expects di... Read More


Market experts hail 25 bps rate cut by RBI, expect repo rate at 5.5% by year-end with enough liquidity

New Delhi, April 9 -- RBI's Monetary Policy Committee's decision to cut repo rate by 25 bps from 6.25 per cent to 6 per cent is welcomed by market experts. Shriram Ramanathan, CIO, Fixed Income, HSBC... Read More