Reliance Infrastructure Ltd (RInfra) on Monday reported a net profit of Rs 4,387 crore for the March quarter, primarily driven by a reduction in expenses. In comparison, the company had posted a net loss of Rs 220.58 crore in the January-March period of 2023-24, according to an exchange filing.The company’s total income for the quarter…
The Institute of Chartered Accountants of India (ICAI) has decided to review the financial statements of Gensol Engineering Ltd and BluSmart Mobility Pvt Ltd for the financial year 2023–24, following serious allegations of financial misconduct and governance lapses involving the two companies.The move was confirmed by ICAI president Charanjot Singh Nanda, who said the decision…
At least one person died and five others were injured on Tuesday night following a shooting in Lawrence Heights, Toronto.Toronto police and paramedics responded to reports of gunfire just after 8.30 pm (local time) near Flemington and Zachary Roads, in the area of Ranee Avenue and Allen Road. Police said one man was pronounced dead…
During 2024-25, India’s basmati rice exports to Iran were valued at ₹6,374 crores. (AI image) Basmati rice prices, which saw an increase of 15-20% in the past two months due to higher exports, are expected to decrease in the upcoming weeks as exports to Iran may decline amidst its ongoing conflict with Israel.According to the…
Stephen Miller avoids mentioning Elon Musk amid rumors over his wife as he defends Big, Beautiful bill. Donald Trump’s aide Stephen Miller strongly defended the ‘Big, Beautiful Bill, without, however, naming Elon Musk once. He reposted other people’s X posts and criticized them, put forward his point but did not repost Elon Musk’s comments on…
This image is AI-generated and representational. Retail inflation in India is set to touch a record low in July 2025, with average inflation for the financial year 2025–26 likely to remain well below the Reserve Bank of India‘s (RBI) projection, according to a new report by the State Bank of India (SBI).“We believe that the…
A 38-year-old man was fatally stabbed to death on a Manhattan subway platform Friday morning (local time) after an argument over a stepped-on shoe turned violent, police said.The victim, identified as John Sheldon of Brooklyn, was attacked around 8:30 am at the Brooklyn Bridge-City Hall station. According to police, Sheldon and another man began arguing…
With the benefit of hindsight, Donald Trump pulling a full John Terry as Chelsea lifted the Club World Cup was almost poetic. After all, Chelsea is the Trump of European football – a nouveau riche arriviste with no continental pedigree, desperate to buy its way into aristocracy, and yet forever one dodgy deal away from…
Iran’s Supreme Leader Ayatollah Ali Khamenei in series of posts on early Wednesday warned the “terrorist Zionist regime” and said “the battle begins” amid escalating tensions with Israel. Khamenei’s post came following escalating threats from US President Donald Trump, who had just hours before called for Iran’s “unconditional surrender.” Moments later, Khamenei posted on X:…
Chinese e-commerce giant PDD Holdings, owner of Temu, reported a nearly 50% drop in net profit for the first quarter of 2025 as escalating trade tensions between Beijing and Washington put pressure on its business. The Shanghai-based company posted net profits of 14.7 billion yuan ($2 billion) for the quarter ending March 31, down 47%…
