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By Parvati Das , 17 July 2025
I

India Post Eyes Robust 20-30% Growth in FY26, Driven by Parcel Services and Financial Products

India Post is charting an ambitious growth path, projecting a 20-30% increase in revenue for fiscal year 2025-26. This bullish outlook is anchored in the expansion of its parcel delivery network, diversification into financial services, and strategic efforts to leverage its unmatched reach across urban and rural landscapes. The postal department’s growth strategy reflects a broader vision to transform from a traditional mail carrier into a multifaceted logistics and financial powerhouse.

Tags

  • Business
By Gurleen Bajwa , 17 July 2025
N

NLC India to Deploy Rs. 7,000 Crore in NIRL, Advancing Coal Mining Expansion and Strategic Resource Security

NLC India Ltd (NLCIL), a prominent state-run mining and power producer, has announced plans to invest approximately Rs. 7,000 crore in Neyveli Uttar Pradesh Power Ltd (NIRL), marking a significant step toward bolstering its coal mining and thermal generation capabilities. This capital infusion is intended to drive the development of new coal blocks and related infrastructure, aligning with the company’s strategic objective of securing reliable fuel supply for its existing and upcoming power projects.

Tags

  • Power
  • Mining Sector
  • Business
By Gurminder Mangat , 17 July 2025
J

Just Dial Posts Robust Q1: Profit Climbs 13%, Revenue Advances 6% on Strong Listing Demand

Just Dial has reported a solid financial performance for the first quarter of the current fiscal year, with net profit rising by 13% and revenue improving by 6% year-on-year. The growth highlights the company’s continued success in monetizing its expansive local search platform, driven by resilient advertiser spending and increased traction in paid listings. Enhanced operational efficiencies and disciplined cost management also played a pivotal role in lifting margins.

Tags

  • Company Results
  • Business
  • Digital Technology
By Kirti Srinivasan , 17 July 2025
E

Ericsson India’s Q2 Sales Plunge 32.5% Amid Tepid 5G Rollouts and Stiff Competition

Ericsson India reported a sharp 32.5% decline in sales for the second quarter of 2025, reflecting muted demand for network equipment and delayed 5G infrastructure investments across the country. The telecom gear maker’s revenue dropped to Rs. 1,768 crore during the quarter, weighed down by slower-than-expected operator spending and intensified pricing pressures. While the company continues to leverage its global scale and technical expertise, near-term headwinds in India’s telecom sector, including cautious capital outlays by key players, have impacted its growth trajectory.

Tags

  • Telecom
  • 5G
  • Company Results
By Nimrat , 17 July 2025
U

India’s Childhood Immunization Drive Shows Remarkable Progress, Says UN Report

A recent United Nations report highlights India’s impressive strides in childhood immunization, with the country achieving a significant increase in vaccination coverage in 2024. According to the findings, India’s full immunization rate among children under five has surged to 89%, reflecting both governmental resolve and grassroots efforts. This momentum positions India closer to achieving universal immunization, mitigating risks of preventable diseases such as measles and polio.

Tags

  • Healthcare
  • World News
  • UN
By Gurleen Bajwa , 17 July 2025
E

India’s Russian Oil Imports Climb to 11-Month Peak, Highlighting Strategic Energy Calculus

India’s crude oil imports from Russia surged to an 11-month high in June, underscoring New Delhi’s pragmatic approach to securing affordable energy amid volatile global markets. Driven by attractive discounts and the need to hedge against geopolitical supply shocks, India ramped up purchases despite mounting Western scrutiny over Moscow’s revenues. This renewed upswing reaffirms Russia’s status as India’s top oil supplier, outpacing traditional partners in the Middle East.

Tags

  • Economy
  • Energy
By Keshav Kulshrestha , 17 July 2025
A

Singapore Airlines Initiates Checks on Boeing 787 Fuel Control Systems to Ensure Operational Safety

Singapore Airlines (SIA) has commenced a detailed inspection program for the fuel control switches on its fleet of Boeing 787 aircraft, underscoring its steadfast commitment to operational safety and proactive maintenance. The checks come amid broader industry vigilance following manufacturer advisories that encourage airlines to examine certain cockpit components to mitigate even remote operational risks.

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  • Aviation
  • Business
By Vinod Pathak , 17 July 2025
G

ICICI Prudential Life Posts 34% Rise in Q1 Profit to Rs. 302 Crore, Driven by Robust Premium Growth and Cost Discipline

ICICI Prudential Life Insurance reported a 34% surge in net profit for the first quarter, reaching Rs. 302 crore, underpinned by healthy premium inflows and effective expense management. The company also witnessed a notable improvement in its value of new business margin, reinforcing its position in India’s competitive life insurance sector.

Tags

  • Insurance
  • Company Results
By Amrita Bhatia , 17 July 2025
C

Costa Coffee Brews Strong Growth in India with 30% Sales Surge in FY25

Costa Coffee India has reported a robust 30% increase in sales for the financial year 2025, underscoring the country’s expanding appetite for premium café experiences. This impressive growth is attributed to rising urban consumption, strategic store expansions, and a growing preference among young professionals and millennials for branded coffee chains. The surge also reflects broader structural shifts in India’s food and beverage landscape, where evolving consumer lifestyles and increasing disposable incomes continue to fuel demand for organized café formats.

Tags

  • Company Results
  • Business
By Gurleen Bajwa , 17 July 2025
R

Demand for Housing Plots Surges as Rs. 2.44 Lakh Crore Worth of New Projects Unveiled Across India

India’s real estate sector is witnessing a pronounced pivot toward plotted developments, with an estimated Rs. 2.44 lakh crore worth of housing plot projects launched nationwide over the past three years. Driven by shifting consumer preferences for independent land ownership and heightened post-pandemic interest in personalized, low-density living, developers are accelerating launches to capitalize on this demand.

Tags

  • Real Estate
  • Economy
  • India Business

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