State Bank of India (SBI) on Friday reported 28 per cent spike in net profit at Rs 18,331 crore for the quarter ended September 30, 2024. In the year ago period, it reported net profit of Rs 14,330 crore. On a sequential basis, SBI's Q2 profit rose 7.6 per cent from Rs 17,035.16 crore.
The property prices in India’s eight prime residential markets firmed up further in the past one year amid a spike in the cost of construction, a recent data said.
As revealed in its latest Annual Trends Report 2024, AuthBridge highlighted significant discrepancies across various sectors.
Domestic two-wheeler sales experienced a 28 per cent year-on-year growth to 2,59,333 units, while exports rose by 13 per cent. Year-to-date figures for two-wheelers indicate a 12 pc year-on-year increase, with a total of 1,984,125 units sold.
The disruption assumes significance as Bab-el-Mandeb Strait, which connects the Mediterranean Sea to the Arabian Sea via the Red Sea and the Suez Canal, is vital for 30 per cent of global container traffic and India relies on the route to trade with parts of West Asia, Africa, and Europe.
The new infections were detected from 20 districts, pushing the cumulative tally to 10,55,556 while 14 cases of Omicron mutant variants have been detected in the State so far, the health authorities said on Sunday.
With the fear of Covid third wave looming large, people are being advised to watch out for symptoms as it affects the immunity and makes the body vulnerable to infections.
The recovery of 12,202 patients has increased the cumulative tally to 3,39,46,749. Consequently, India's recovery rate stands at 98.32 per cent, the highest since March 2020.
Though most of the fresh cases were reported from high caseload areas like Aliganj, NK Road, Chinhat, Indira Nagar, Turiyaganj, Aishbagh and Chinhat, some were registered in new localities in Maal and Kakori.
"The authorised officers will be able to take steps to provide essential food items at a concessionary rate to the public by purchasing stocks of essential food items," the president of the island nation, Gotabaya Rajapaksa, said in a statement.
