State Bank of India’s net profit for the end of quarter or Q4 has sloped down by 66% closing at Rs. 1,264 crores due to providing bad loan reference. A differentiation of 143% in total fall-out was the final call for the government owned bank in the market this FY. The net income held at 15,291 crores INR in the …

Bulls are back in Indian share market after few days’ of bear impacts. Indian currency got a little bit higher value against UD dollar today. But it’s not because of something extraordinary in Indian front but due to a sharp decline in New York Stock exchange! The Indian rupee opened up higher by 6 paise at 66.74/$ against US Dollar …

The Seventh Pay Commission was talked about a lot and people had high expectations, as the new schemes of this commission was supposed to bring new hopes with increased pay scale. However, as per the reports, the new pay scale has incurred a lot of burden of around Rs 1.02 lakh crore. The implementation of recommendations of the Pay Commission, …

Indian wing of Swedish multinational company, ABB India saw arise in its first quarter of the financial year which settled down to 71 crores INR. The company deals in power and automation technologies investing in emerging sectors such as energy efficiency , urbanization and grid compensated. It saw a rise of 30% in comparison to previous year’s net profit 54.29 …