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GAIL PAT jumps 28 pc to Rs 1,908 crore in Q4 ANI | Updated: Jun 09, 2021 17:50 IST New Delhi [India], June 9 (ANI): GAIL India on Wednesday reported profit after tax of Rs 1,908 crore in the January to March quarter (Q4 FY21), up 28 per cent from Rs 1,487 crore in Q3 FY21. The turnover totalled Rs 15,472 crore as compared to Rs 15,386 crore while profit before tax was Rs 2,612 crore as against Rs 1,868 crore in the same period. For the whole year 2020-21, the standalone turnover, PBT and PAT stood at Rs 56,529 crore, Rs 6,386 crore and Rs 4,890 crore res...

Australian dollar parties as assets melt-up See the latest Australian dollar analysis here: The Australian dollar is up and away again though well short of previous highs: Oil and gold have made friends again: Base metals metals flew: The to the night’s action was tumbling US bond yields: Which launched risk frenzy: The US imposed new  sanctions on Russia, including restrictions on buying new sovereign debt, in retaliation for alleged misconduct including efforts to disrupt the US election.  Ukraine warned Russia against troops crossing its border, citing a build-up, and appealed for We...

Bank credit records slowest growth rate SECTIONS Share Synopsis Credit growth slowed further to 5.6% in the fiscal ended March 2021 compared to 6.1% reported in fiscal 2020, RBI data shows. This is the slowest pace of growth since the data available on the RBI website as far as 1965. Agencies Companies are major borrowers of credit from banks due to their large requirements for investment as well as working capital requirements. Bank credit has grown at its slowest pace ever recorded indicating weak demand for loans especially from companies and also a gradual shift by the higher rated compan...