Business

PNB records Q4 profit at Rs 262 crore

PNB records Q4 profit at Rs 262 crore

The bank reported gross NPA of Rs55,627.51 crore a quarter ago. "Our profit was higher than sales, partly due to the Rs 16.37 crore income from forward contracts in this quarter attributed to better profitability", Skipper director Sharan Bansal said here today.


Sturgeon: Scotland wants to be European Union member, but doesn't want the euro

Sturgeon: Scotland wants to be European Union member, but doesn't want the euro

Highlighting the section on Efta, it said: "The only real mention of other European organisations and non-EU states is in the section discussing (and dismissing) alternatives to EU membership". Her flirtation with EFTA would leave us with all the obligations, but no voice in decision-making", Carlaw said. Scottish Labour leader Kezia Dugdale said: "A Labour government led by Jeremy Corbyn will transform Britain's railways, bringing them back into public ownership".



President Trump Reportedly Shared Classified Information with Russian Officials

During a conversation with Lavrov, President Trump allegedly boasted, "I get great intel". He did not reveal the specific intelligence-gathering method, but he described how the Islamic State was pursuing elements of a specific plot and how much harm such an attack could cause under varying circumstances.



Cyber attack spreads across 150 countries

Sunday's salvo tacitly noted the NSA's key role in Friday's attack, which copied nearly verbatim large sections of two highly advanced hacking tools that were stolen from the NSA and leaked to the world at large last month by a mysterious group calling itself Shadow Brokers.



BoE Leaves Its Bank Rate At 0.25%, Maintains Bond Purchases At £435B

In the bank's summary of the MPC meeting, it noted that should Brexit negotiations proceed in an orderly fashion, interest rates could start to increase in response to rising inflation since the vote. Usually BoE inflation forecasts show inflation falling back to target. At its last meeting only one member of the nine-person committee - arch-hawk Kristin Forbes - voted to raise rates, but she could be joined by Ian McCafferty, who has voted for hikes in the past.



Oil rises 2 pct after Saudi and Russian Federation back longer

However, there is no final deal yet despite the pledge by Saudi Arabia - the world's top exporter and de-facto leader of the Organization of the Petroleum Exporting Countries (OPEC) - and top producer Russian Federation, as the 12 remaining OPEC members and other producers participating in the cuts have to agree to the extension during a meeting on May 25.