August 4, 2025

srkbharat.com

Headlines
21 2

India to Invest ₹10 Lakh Crore in Highway Expansion, Converting 30,000 km of Two-Lane Roads to Four-Lane Corridors

News Desk02 mins

Union Minister Nitin Gadkari has announced a massive ₹10 lakh crore investment to upgrade 25,000-30,000 km of two-lane highways into four-lane corridors, aiming to boost India’s infrastructure and economic growth. The initiative, unveiled at the India Infrastructure Forum 2025, is expected to enhance connectivity, reduce travel time, and support industrial expansion. Key Highlights of the…

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20 2

ICAI Postpones CA Inter & Final Exams Amid India-Pakistan Tensions

News Desk02 mins

The Institute of Chartered Accountants of India (ICAI) has announced the postponement of all remaining CA Final, Intermediate, and Post Qualification Course (PQC) examinations, originally scheduled between May 9 and May 14, 2025. The decision comes in response to heightened security concerns following recent India-Pakistan hostilities under Operation Sindoor. Official Announcement & Affected Exams ICAI…

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19 3

MCA Notifies New Accounting Standard for Foreign Currency Transactions, Effective April 2025

News Desk03 mins

The Ministry of Corporate Affairs (MCA) has officially notified amendments to Ind AS 21, introducing a new framework for handling foreign currency transactions when exchangeability is lacking. The revised standard, part of the Companies (Indian Accounting Standards) Amendment Rules 2025, will come into effect from April 1, 2025, aiming to enhance transparency, accuracy, and investor…

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18 4

SBI Sells 20% Stake in Yes Bank to Japan’s SMBC for ₹13,483 Crore

News Desk03 mins

State Bank of India (SBI) and seven other lenders have announced the sale of 20% of their combined stake in Yes Bank to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) for ₹13,483 crore, marking the largest cross-border investment in the Indian banking sector. Transaction Details Strategic Impact This sale follows the Yes Bank Reconstruction Scheme initiated…

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15 4

BSF Destroys Terrorist Launch Pad in Pakistan’s Sialkot After Unprovoked Firing

News Desk02 mins

In a decisive retaliatory action, the Border Security Force (BSF) has destroyed a terrorist launch pad in Looni, Sialkot district, Pakistan, following unprovoked firing by Pakistan Rangers on BSF posts in the Jammu sector. The incident, which occurred late on May 9, 2025, marks a significant escalation in tensions along the India-Pakistan border. Incident Details…

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Swiggy Reports ₹1,081 Crore Net Loss in Q4 FY25, Quick Commerce Expansion Weighs on Earnings

News Desk03 mins

Swiggy Ltd, India’s leading food delivery and quick commerce platform, has reported a net loss of ₹1,081 crore for the fourth quarter of FY2024-25, marking a 95% year-on-year (YoY) increase from ₹554.7 crore in Q4 FY24. Despite the widening losses, the company’s revenue surged 45% YoY to ₹4,410 crore, driven by strong growth in its…

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Canara Bank Reports 33% YoY Surge in Q4 Net Profit, Declares ₹4 Dividend

News Desk02 mins

Canara Bank Ltd has announced its financial results for the fourth quarter of FY2024-25, reporting a 33.15% year-on-year (YoY) increase in net profit to ₹5,002.66 crore. The bank attributes this growth to strong loan growth, improved asset quality, and higher operating profit. Financial Highlights Dividend Declaration & Market Performance Canara Bank’s board has recommended a…

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Kalyan Jewellers Shares Surge Despite Market Volatility, Driven by Strong Q4 Earnings

News Desk02 mins

Kalyan Jewellers India Ltd witnessed a 3% intraday surge in its stock price on Friday, defying broader market weakness triggered by India-Pakistan tensions following Operation Sindoor. The rally comes on the back of strong Q4 FY25 earnings, which showcased robust revenue growth and improved profitability. Financial Highlights Dividend Declaration & Market Performance Kalyan Jewellers’ board…

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12 5

Great Eastern Shipping Reports 60% Decline in Q4 Net Profit, Declares ₹5.40 Dividend

News Desk02 mins

Great Eastern Shipping Company Ltd, India’s largest private sector shipping firm, has reported a 60% year-on-year (YoY) decline in net profit for the fourth quarter of FY2024-25, amounting to ₹363 crore. The company attributes the drop to lower freight rates and weaker global demand. Financial Highlights Dividend Declaration & Market Performance Great Eastern Shipping has…

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