Profits pulled sharply ahead of investment in FY24 (Representative image) MUMBAI: Corporate profits have recovered much faster than investment after the pandemic, with aggregate profit before interest and tax (PBIT) growing 21.4% in FY24 against 6.1% growth in gross fixed assets (GFA), an Economic Advisory Council to the Prime Minister working paper has found.Profitability itself…

NEW DELHI: Home minister Amit Shah on Tuesday said the Narendra Modi govt has set a goal to make the country illegal immigration-free in a “very short period of time” and, for this purpose, reached out to the border states over the past eight months, sharing with them its document on a quadrangular approach to…

China has warned the US that it could retaliate if Washington significantly expands secondary sanctions on Chinese companies doing business with Iran China has warned that it could take retaliatory measures if the United States significantly expands secondary sanctions targeting Chinese companies doing business with Iran, according to reporting by the Financial Times.The warning came…

Based on MBBS seats and pass rates, at least 68,000 new doctors should have registered to practice. National Medical Commission (NMC) is seeking to re-register around 11 lakh doctors to create an updated national medical registry, yet it has failed to register even fresh entrants to the profession despite many state registries sharing records every…

In Jan, railway board chairperson Satish Kumar had said the project cost had increased by around 83% to Rs 1.98 lakh crore. (Representative image) NEW DELHI: The cost of the Ahmedabad-Mumbai bullet train has been revised to around Rs 2.1 lakh crore, nearly double the original cost of approximately Rs 1.1 lakh crore. The proposal…