When State bank of India (SBI), with nearly 20-25 per cent market share, records a beat on its quarterly earnings, especially amid a global pandemic, the feat is sure to invite re-rating from analysts.

The series of price-target upgrades continued for the sixth consecutive quarter for the state-owned lender as it reported a 7 per cent decline in net profit at Rs 5,196 crore for quarter ended December 2020.

YES Bank intends to stay away from large corporate businesses as it looks to rebuild its loan book in the mid- and small-corporate segment, according to Managing Director and CEO Prashant Kumar.

Kumar acknowledged YES Bank had, like some of its peers, seen increased stress in its retail segment, which had touched nearly 3 per cent in this financial year compared with 1 per cent during pre-coronavirus times, but said things were improving.

Amazon.com Inc has mounted a legal challenge against its partner Future Group's $3.4 billion retail assets sale in India's Supreme Court, three sources told Reuters on Thursday, marking the US firm's latest effort to block the deal.

Amazon, locked in legal disputes with Future, alleges the Indian firm violated contracts by agreeing to sell its retail assets to Reliance Industries last year. Future denies any wrongdoing.

Union Defence Minister Rajnath Singh on Thursday said in Rajya Sabha that not an inch of land will be given to China. Singh made the statement just a day after it was reported that both India as well as Chinese troops have started I disengagement at the Line of Actual Control (LAC).

The Defence Minister lauded the valor of Indian forces and asserted that New Delhi remains committed to maintain peace and stability at the LAC and Modi government wants to resolve the India-China border dispute amicably.

In a piece of good news for the drivers and travellers out there, they do not have to worry about keeping a minimum balance in their FASTag wallet anymore. The National Highways Authority of India (NHAI) has now ended the stipulation of keeping a minimum balance to make the use of FASTag more prevalent.

It is to be noted that the relaxation of minimum balance is limited to cars, jeeps or vans and minimum balance is still going to be mandatory for commercial vehicles.

Russian news agency TASS on Wednesday (Febaruary 10) claimed at least 45 Chinese soldiers got killed during the violent faceoff with Indian troops at Galwan valley in eastern Ladakh on June 15, 2020.

TASS, in its report on India-China border troops disengagement, said that around 20 Indian soldiers also died in the violent skirmish.

The Uttar Pradesh Mahdyamik Shiksha Parishad on Wednesday announced the UP Board Class 10, 12 Board Exams Datesheet 2021. The UP Board exam dates for class 10 and 12 were announced by Deputy CM Dinesh Sharma. Lakhs of students are set to appear for the UP Board Class 10, 12 exams. Students can download the UP Board class 10th, 12th exam 2021 datesheet from the official website of UPMSP – upmsp.edu.in.

Tata Consultancy Services (TCS) will recruit 1,500 tech people in the United Kingdom over the next year, the company said about a market where it is one of the largest providers of IT and IT-enabled services.

The announcement came after the Monday’s meeting in Mumbai between visiting UK Trade Secretary Liz Truss and TCS CEO, Rajesh Gopinathan, where they discussed the company’s commitment to continue investing in the UK’s economy.

Congress MPs stage a walkout during PM Narendra Modi's reply in Lok Sabha to the Motion of Thanks on the President's Address. Prime Minister Narendra Modi is replying to the 'Motion of Thanks' on the President's address in Lok Sabha on Wednesday.

Lok Sabha proceedings from Tuesday, which commenced last noon, went on till 1am on Wednesday as MPs participated in debate on the 'Motion of Thanks' to the President's address.

Gold price on Wednesday inched up by Rs 540 to Rs 47,890 from Rs 47,350, while silver price soared to Rs 70,200 per kg, according to the Good Returns website.

Gold jewellery prices vary across India, the second-largest consumer of the metal, due to differing excise duty, state taxes, and making changes in different states.

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