logo
Jio Financial Q1 Results: Cons PAT rises 3.8% YoY to Rs 325 crore, revenue shoots up 47%

Jio Financial Q1 Results: Cons PAT rises 3.8% YoY to Rs 325 crore, revenue shoots up 47%

Economic Times2 days ago
(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Sleepless in Kyiv: How Ukraine's capital copes with Russia's nighttime attacks
Sleepless in Kyiv: How Ukraine's capital copes with Russia's nighttime attacks

Time of India

time2 hours ago

  • Time of India

Sleepless in Kyiv: How Ukraine's capital copes with Russia's nighttime attacks

Several nights a week, Daria Slavytska packs a yoga mat, blankets and food into a stroller and descends with her two-year-old Emil into the Kyiv subway. While air raid sirens wail above, the 27-year-old tries to snatch a few hours' sleep safely below ground. For the past two months, Russia has unleashed nighttime drone and missile assaults on Kyiv in a summer offensive that is straining the city's air defences, and has its 3.7 million residents exhausted and on edge. Explore courses from Top Institutes in Select a Course Category Project Management Product Management CXO Technology Leadership MCA Artificial Intelligence Healthcare Cybersecurity Data Science Finance Digital Marketing MBA PGDM Public Policy Data Analytics Management healthcare Operations Management Design Thinking Degree Others others Data Science Skills you'll gain: Portfolio Management Project Planning & Risk Analysis Strategic Project/Portfolio Selection Adaptive & Agile Project Management Duration: 6 Months IIT Delhi Certificate Programme in Project Management Starts on May 30, 2024 Get Details Skills you'll gain: Project Planning & Governance Agile Software Development Practices Project Management Tools & Software Techniques Scrum Framework Duration: 12 Weeks Indian School of Business Certificate Programme in IT Project Management Starts on Jun 20, 2024 Get Details Other towns and villages have seen far worse since Russia launched its full-scale invasion in early 2022 - especially those close to the frontline far to the east and south. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Many Are Watching Tariffs - Few Are Watching What Nvidia Just Launched Seeking Alpha Read More Undo Many have been damaged or occupied as Russia advances, and thousands of people have fled to the capital, considered the best-defended city in the country. But recent heavy attacks are beginning to change the mood. At night, residents rush to metro stations deep underground in scenes reminiscent of the German "Blitz" bombings of London during World War Two. Live Events Slavytska has started nervously checking Telegram channels at home even before the city's alarms sound, after she found herself in early July running into the street to reach the metro with explosions already booming in the sky. The number of people like Slavytska taking refuge in the cavernous Soviet-era ticket halls and drafty platforms of Kyiv's 46 underground stations soared after large-scale bombardments slammed the city five times in June. Previously, the loud air raid alert on her phone sent Emil into bouts of shaking and he would cry "Corridor, corridor, mum. I'm scared. Corridor, mum," Slavytska said. Now, accustomed to the attacks, he says more calmly "Mum, we should go". "We used to come here less often, about once a month," Slavytska said, sheltering in Akademmistechko station in western Kyiv. "That was six months ago. Now we come two or three times a week." She spent the night curled up on her pink mat with Emil by a column lining the subway tracks. The subway system recorded 165,000 visits during June nights, more than double the 65,000 visits in May and nearly five times the number in June last year, its press service told Reuters. More people were heading to the shelter because of "the scale and lethality" of attacks, the head of Kyiv's military administration, Tymur Tkachenko, told Reuters. He said strikes killed 78 Kyiv residents and injured more than 400 in the first half of the year. U.S. President Donald Trump cited Russia's strikes on Ukrainian cities when announcing his decision on Monday to offer Kyiv more weapons, including Patriot missiles to boost its air defences. "It's incredible that (people) stay, knowing that a missile could be hitting your apartment," Trump said. Russia launched more than 30 missiles and 300 drones during an overnight assault on Saturday that affected 10 regions of Ukraine, President Volodymyr Zelenskiy said, including a mass drone attack on the Black Sea port city of Odesa. EXHAUSTION AND TERROR In April, a strike in Kyiv destroyed a residential building a couple of kilometres from Slavytska's apartment block. "It was so, so loud. Even my son woke up and I held him in my arms in the corridor," she said. "It was really scary." With the threat of losing her home suddenly more tangible, she now takes her identity documents with her underground. After seeing how stressed Emil became after the air alerts, Slavytska sought help from a paediatrician, who recommended she turn off her phone's loud notifications and prescribed a calming medication. Slavytska tells Emil the loud sound during attacks is thunder. Scientists and psychologists say that the lack of sleep is taking its toll on a population worn down by more than three years of war. Kateryna Holtsberh, a family psychologist who practices in Kyiv, said sleep deprivation caused by the attacks was causing mood swings, extreme stress and apathy, leading to declined cognitive functions in both kids and adults. "Many people say that if you sleep poorly, your life will turn into hell and your health will suffer," said Kateryna Storozhuk, another Kyiv region resident. "I didn't understand this until it happened to me." Anton Kurapov, post-doctoral scholar at the University of Salzburg's Laboratory for Sleep, Cognition and Consciousness Research , said it was hard to convey to outsiders what it felt like to be under attack. "Imagine a situation where you go out into the street and a person is shot in front of you ... and what fear you experience, your heart sinks," he said. "People experience this every day, this feeling." Kurapov warned that the impact of such stress could result in lifetime consequences, including chronic illnesses. A study he led that was published in the European Journal of Psychotraumatology in August 2024 showed that 88% of Ukrainians surveyed reported bad or very bad sleep quality. Lack of sleep can significantly impact economic performance and soldiers' ability to fight, said Wendy Troxel , senior behavioural scientist at RAND Corporation , a U.S. think-tank. RAND research in 2016 which Troxel co-authored showed that lack of sleep among the U.S. working population was costing the economy up to $411 billion a year. As she tries to squeeze out more hours of sleep in the subway, Slavytska is looking into buying a mattress to bring underground that would be more comfortable than her mat. Danish retailer JYSK says the air strikes prompted a 25% jump in sales of inflatable mattresses, camp beds and sleep mats in Kyiv in three weeks of June. Others are taking more extreme measures. Small business owner Storozhuk, who had no shelter within three km of her home, invested over $2,000 earlier this year in a Ukrainian-made "Capsule of Life" reinforced steel box, capable of withstanding falling concrete slabs. She climbs in nightly, with her Chihuahua, Zozulia. "I developed a lot of anxiety and fear," Storozhuk said. "I realized that in order to be able to sleep peacefully in Ukraine, I needed some kind of safe shelter."

Central Bank of India Q1 Results: Net profit surges 33% to Rs 1,169 crore
Central Bank of India Q1 Results: Net profit surges 33% to Rs 1,169 crore

Time of India

time5 hours ago

  • Time of India

Central Bank of India Q1 Results: Net profit surges 33% to Rs 1,169 crore

Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel New Delhi, State-owned Central Bank of India on Saturday posted a 33 per cent growth in net profit at Rs 1,169 crore during the first quarter of this financial year, aided by improvement in core income and decline in bad Mumbai-based bank had earned a net profit of Rs 880 crore in the same quarter of the previous fiscal total income rose to Rs 10,374 crore during the June quarter of 2025-26, from Rs 9,500 crore in the same quarter of FY25, Central Bank of India said in a regulatory earned by the bank improved to Rs 8,589 crore, as compared to Rs 8,335 crore in the June quarter the period under review, operating profit of the bank increased to Rs 2,304 crore, as compared to Rs 1,933 crore in the same quarter a year bank's asset quality showed improvement as gross non-performing assets (NPAs) declined to 3.13 per cent of gross advances at the end of the June quarter, from 4.54 per cent a year advance increased by 9.97 per cent to Rs 2,75,595 crore from Rs 2,50,615 crore at the end of June net NPAs, or bad loans, declined to 0.49 per cent, as against 0.73 per cent in the year-ago a result, provisions and contingencies halved to Rs 521 crore during the first quarter as compared to Rs 1,191 crore in the same period a year Coverage Ratio (PCR) improved to 97.02 per cent, from 96.17 per cent, an improvement of 85 basis the same time, Return on Assets (ROA) improved to 1.02 per cent for June 2025, from 0.82 per cent at June 2024, registering an improvement of 20 bps, it adequacy ratio of the bank rose to 17.6 per cent, from 15.6 per cent in the same quarter of business grew by 10.84 per cent to Rs 7,04,485 crore from Rs 6,35,564 crore at the end of June 2024. PTI

India's stock market slips to fourth in APAC investor rankings; fund managers pivot to semiconductor wave: Report
India's stock market slips to fourth in APAC investor rankings; fund managers pivot to semiconductor wave: Report

Time of India

time6 hours ago

  • Time of India

India's stock market slips to fourth in APAC investor rankings; fund managers pivot to semiconductor wave: Report

India's stock market has slipped to the fourth position among Asia Pacific's preferred investment destinations, according to the latest Bank of America (BofA) survey cited by The Economic Times. Tired of too many ads? go ad free now This marks a notable shift from its earlier leadership status, as the benchmark Nifty index remains stuck in a two-month consolidation phase with no clear breakout in sight. Japan now dominates investor interest "by a distance," followed by Taiwan and South Korea, while India ranks fourth as capital increasingly flows into semiconductor-driven markets. The BofA analysis revealed that only 10 per cent of fund managers are currently betting heavily on India- significantly lower than the 32 per cent favouring Japan, 19 per cent backing Taiwan, and 16 per cent supporting South Korea. The findings underline India's present vulnerability, especially as peers benefit from a revival in the semiconductor sector. 'Both Taiwan and Korea are benefiting from the resurgent semiconductor cycle, while Korea gains additional upside from hopes surrounding its new leadership's policy reforms,' BofA noted, highlighting the drivers behind India's slipping position. India's IT services sector is facing particular headwinds, with BofA's India IT services indicator falling to a 20-month low. This downturn adds to the broader uncertainty plaguing the domestic market. Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, pointed to the lack of catalysts keeping markets rangebound. He wa squoted by ET saying, 'There are no triggers for the market to break out of the consolidation range in which it has been stuck for two months now. Even an India-US interim trade deal has been discounted by the market, leaving no scope for a sharp rally decisively breaking the range. Tired of too many ads? go ad free now ' However, he noted one potential upside, 'One positive and surprise factor that can trigger a rally is a tariff rate much below 20 per cent, say 15 per cent, which the market has not discounted. So, watch out for developments on the trade and tariff front.' Despite the overall decline in rankings, analysts at Prabhudas Lilladher underlined the Indian market's resilience. 'Indian markets have shown a lot of resilience in past few months despite big events and disruptions around global tariff wars, Israel Iran war and ," he said, as quoted by ET. The brokerage firm further noted that foreign institutional investors (FIIs) remain net sellers year-to-date, though they have turned net buyers in recent weeks—an indication of lingering foreign investor caution. Within Indian equities, the survey found growing investor interest in consumption and infrastructure-related plays, even as IT services remain under pressure—mirroring global concerns around the tech sector.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store