News - The Purbottar

08 Aug

SBI’s first quarter profit upgrade 12% to Rs 19,160 crore

editorBusiness, News

New Delhi, The country's largest lender SBI on Friday reported that its standalone net profit rose 12 percent to Rs 19,160 crore in the first quarter of the current financial year. The bank had earned a net profit of Rs 17,035 crore in the same quarter of the previous fiscal. Total income in the June quarter of 2025-26 rose to Rs 1,35,342 crore from Rs 1,22,688 crore a year ago, State Bank of India said in a regulatory filing. Interest earned by the bank rose to Rs 1,17,996 crore from Rs 1,11,526 crore in the June quarter of FY 2025.…

07 Aug

Silver futures prices upgrade: Rs 1,14,623 per kg

editorBusiness, News

New Delhi, Silver prices rose by Rs 968 to Rs 1,14,623 per kg in futures trade on Thursday as participants increased their deals. At the Multi Commodity Exchange, the price of silver contracts for September delivery rose by Rs 968, or 0.85 per cent, to Rs 1,14,623 per kg in a business turnover of 16,647 lots. Analysts said fresh deals by participants led to the rise in silver prices. However, silver was trading 0.85 per cent higher at $38.15 an ounce in New York.

06 Aug

Crude oil futures upgrade due to spot demand

editorBusiness, News

New Delhi, Crude oil prices rose by Rs 15 to Rs 5,763 per barrel in futures trade on Wednesday as traders increased the size of their deals following strong spot demand. At the Multi Commodity Exchange, the price of crude oil contract for August delivery rose by Rs 15 or 0.26 percent to Rs 5,763 per barrel in a business of 8,675 lots. Analysts said crude oil prices rose in futures trade as participants increased their deals. Globally, West Texas Intermediate crude was trading 0.58 percent higher at $65.54 per barrel in New York, while Brent crude rose 0.62 percent…

05 Aug

Silver futures upgrade: New deals push prices higher

editorBusiness, News

New Delhi, Silver prices rose by Rs 26 to Rs 1,12,262 per kg in futures trade on Tuesday as participants increased their deals. At the Multi Commodity Exchange, the price of silver contracts for September delivery rose by Rs 26, or 0.02 percent, to Rs 1,12,262 per kg in a business turnover of 18,706 lots. Analysts said buying of new deals by participants led to the rise in silver prices. However, silver was trading 0.13 percent lower at $37.36 an ounce in New York.

04 Aug

Federal Bank’s net profit decrease 15% in the first quarter: NPAs rise, severe shortfall

editorBusiness, News

Mumbai, Federal Bank's net profit fell 15 percent to Rs 862 crore in the June quarter, as the core income was affected by the reduction in poverty and the rise in unemployment due to the rise in unemployment. The bank management said that the increase in loan growth and net interest rate in the second quarter of the financial year should also be emphasized. They attributed the industry-non-partners to the portfolio of microfinance in the performing societies. In the quarter under review, its core net interest income grew only 2 percent to Rs 2,337 crore. Other income rose 22 percent…

02 Aug

Suzlon Energy shares upgrade over 6% after new order

editorBusiness, News

Suzlon Energy shares jumped over 6% on Friday afternoon after it received a new order of 381 MW from Zelestra India and its affiliates. The shares were trading 6.3% higher at ₹65 per share on the NSE. Suzlon Group has received an order of 381 MW from Zelestra India and its affiliates. The 381 MW project, which comprises 127 of Suzlon's S144 turbines, will be spread across Maharashtra (180 MW), Madhya Pradesh (180 MW) and Tamil Nadu (21 MW). The project is a part of SJVN's FDRE bid in Maharashtra and Madhya Pradesh, while the Tamil Nadu portion will serve…

02 Aug

After 6+ Years, Red Panda Cubs Born In Sikkim Zoo

Purbalee DuttaNews, Sikkim

The birth of two red panda cubs at the Himalayan Zoological Park near Gangtok, Sikkim, has revitalized its red panda conservation efforts after a seven-year gap. Born on June 15 to parents Lucky-II and Mirak, the cubs mark the first litter for the pair. Park authorities officially announced the news on August 1, calling it a major achievement for the Red Panda Conservation Programme, which began in 1997. Director Sangay Gyatso explained that the programme had faced setbacks over the past seven years, including two outbreaks of canine distemper—a deadly viral disease affecting carnivores—that significantly reduced the captive red panda…

01 Aug

Aluminium futures prices upgrade on speculative trading

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New Delhi, Aluminium prices rose by 15 paise to Rs 250.60 per kg in futures trade on Friday as speculators created fresh positions amid positive trend in the spot market. At the Multi Commodity Exchange, aluminium contracts for August delivery rose by 15 paise, or 0.06 percent, to Rs 250.60 per kg in a business turnover of 4,461 lots. Analysts said fresh positions created by traders amid demand from consumer industries supported aluminium prices in the futures market.

01 Aug

Raj Bhavan Holds ‘Utkarsh Utsav’

Purbalee DuttaNews, Sikkim

Raj Bhavan Sikkim hosted a special event, ‘Utkarsh Utsav,’ on Thursday to mark the completion of one year of Om Prakash Mathur's tenure as the 18th Governor of Sikkim. The celebration saw the presence of Chief Minister Prem Singh Tamang, Chief Justice Biswanath Somadder, Speaker M.N. Sherpa, and other dignitaries. A key moment was the release of the book Jaise Mene Janna, featuring the Governor’s speeches over the year. Reflecting on his journey, Governor Mathur spoke about his travels across the state, including visits to border villages under the Vibrant Villages Programme. He praised Sikkim’s people for their unity, sustainability…

31 Jul

Shares of DMart promoter Avenue Supermarts rose over 8% after opening new store in Punjab

editorBusiness, News

Shares of Avenue Supermarts Ltd, the parent company of DMart, rose 8.13% to hit an all-time high of ₹4,324.00 per share on the National Stock Exchange (NSE) on Wednesday, July 30. This sharp rise in the company's share price comes a day after it announced the opening of a new store in Pathankot, Punjab on Tuesday. Earlier this month, the company opened another store in Tathawade, Pune. With the opening of the new DMart, the total number of stores of the company has gone up to 426, as against 424 as on June 30, 2025. The company had opened nine…