GAIL (India) Ltd reported a 11% rise in net profit to Rs 2,672 crore in the September quarter, driven by growth in gas transmission and a turnaround in the petrochemical business. Despite a drop in gas marketing operating profit, the company saw increases in transmission and petrochemicals.
Gold loan NPA rises in first five months while eases over a three-year horizon
India’s gold loan market has experienced a rise in non-performing assets, reaching 0.78% by August 2023. The total outstanding volume grew nearly threefold to Rs