financial year

25% stakeholder took a blow of $743 million and its net dipped 57%

In the financial landscape of Bihar, a remarkable milestone was reached as the credit-deposit ratio soared past 60.21% in FY 2025-26, reflecting vigorous economic growth and a surge in citizen confidence. This impressive jump from 44.09% in 2018-19 particularly supports vital areas such as agriculture and MSMEs.

Digital Payments Lead the Way

A surprising revelation surfaces as 2024 records show a mere 18 instances of cheque bounce nationwide, predominantly from Jharkhand and Uttar Pradesh. This significant drop brings into question the practicality of the Negotiable Instruments Act, 1881, a key element in the realm of commercial law.

89% suicide victims in AP earn below Rs 5 lakh yearly

Lenskart reported a Q4 profit decline despite a 32% revenue surge to Rs 2,564.7 crore, driven by store expansion and international growth. For FY26, net profit rose to Rs 500.9 crore on Rs 8,988.3 crore revenue. The eyewear retailer is focusing on AI integration and expanding its omnichannel presence.

Odisha's Tata Power-led discoms have activated an emergency response system with 26,000 staff to combat power cuts during a severe heatwave. The companies are managing a record peak demand of 6,739 MW, with Bhubaneswar seeing a 17% surge. Critical materials are strategically positioned for rapid restoration.