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HDFC Bank Q2 results: Net profit rises 21% to Rs 5,005 crore; gross NPA at 1.33%

HDFC Bank Q2 results: Net profit rises 21% to Rs 5,005 crore; gross NPA at 1.33%

HDFC Bank Q2 results: HDFC Bank today reported a 21% jump in its profit on-year to Rs 5,005 in the second quarter of the financial year 2018-19, which could be positive for the banking sector amid losses, change of leadership and high NPAs at other public and private banks.

As Patanjali, HUL, McDonald’s face GST 'anti-profiteering', here's what businesses can do to avoid complaints
As Patanjali, HUL, McDonald’s face GST 'anti-profiteering', here's what businesses can do to avoid complaints

The concept of ‘anti-profiteering’ and specifically the obligation on the part of the business to pass on benefits arising either from a reduction in GST rates, and, or through enhanced input credits has been widely socialized with both business and consumers.

India gets 1st Bitcoin ATM! Unocoin launches cryptocurrency ATM in this city; here's how it will work
India gets 1st Bitcoin ATM! Unocoin launches cryptocurrency ATM in this city; here's how it will work

India gets first Bitcoin ATM: Unocoin said that the decision to launch the ATM was taken after the RBI ban in July, which put a virtual ban on trading in cryptocurrencies.

US, China agree to Asia defense rules to avoid air crashes
US, China agree to Asia defense rules to avoid air crashes

Defense chiefs from the U.S. and China agreed in principle to guidelines on encounters between warplanes, in the latest bid by Pacific nations to keep increased military activity from escalating into conflict.

Major WTO showdown looks harder to avoid as US, China, EU spar
Major WTO showdown looks harder to avoid as US, China, EU spar

The U.S., China and the European Union moved a few steps closer to a major clash at the World Trade Organization that risks testing the global trade referee’s neutrality and President Donald Trump’s patience for an institution he already hates.

Sabarimala row: Rajinikanth says no one should interfere in temple traditions
Sabarimala row: Rajinikanth says no one should interfere in temple traditions

Noting that the top court verdict should be "respected", the 67-year-old actor however, indicated that caution should be exercised when it came to matters of religion and related rituals.

Afghanistan elections: Multiple explosions rock polling centres in Kabul
Afghanistan elections: Multiple explosions rock polling centres in Kabul

More than 50,000 Afghan National Security Forces personnel were deployed to protect 21,000 polling stations across the country. Elections will not be held in Ghazni province, where polls have been postponed until next year.

Horoscope: By Peter Vidal

Today ( 20 Oct )This Week ( 14 Oct - 27 Oct )

SAGITTARIUS Your creative energy should now be at a peak, but not perhaps because the stars are all on your side. On the contrary, challenging romantic stars remind us of the cliché that all great art stems from… read more

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