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Paytm Reports ₹123 Crore Net Profit, Boosted by Strong Lending Business
The New Indian Express Madurai
|July 23, 2025
ONE97 COMMUNICATIONS, the parent of Paytm, on Tuesday reported a consolidated net profit of ₹123 crore in the June quarter as against a net loss of ₹839 crore a year ago.
The digital payment company's profit was boosted by strong lending business that helped it report ₹1,918 crore in revenue, up 28%, and a tight leash on expenses. The year-ago quarter saw the company taking full impact of the RBI direction on know-your-customer (KYC) norms, which came into force from mid-February 2024. Operating revenue for the quarter stood at ₹1,918 crore, up 28% YoY and margi
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The New Indian Express Madurai
Services exports to Russia may hit US roadblock
AS India is aiming to scale up exports to Russia to address the enormous trade deficit of $58.9 billion, it will be challenging for Indian service companies with exposure to the US and European Union to tap the Russian markets.
1 mins
January 06, 2026
The New Indian Express Madurai
'Fake' IAS officer, who tried to clear exam 4 times, held in Palamu
A man, who had been posing as a senior IAS officer for the last seven years, has been arrested in Jharkhand’s Palamu.
1 min
January 06, 2026
The New Indian Express Madurai
Khalid, Imam fail to get SC bail, barred from appeal for a yr
THE Supreme Court on Monday refused to grant bail to activists Umar Khalid and Sharjeel Imam in the 2020 Delhi riots case, noting that the material against them attracted a prima facie case under the Unlawful Activities (Prevention) Act.
1 min
January 06, 2026
The New Indian Express Madurai
AP villagers evacuated after gas leak, fire at ONGC well
A major gas leak followed by fire at an ONGC well at Andhra Pradesh's BR Ambedkar Konaseema district on Monday forced authorities to evacuate all people from nearby villages.
1 min
January 06, 2026
The New Indian Express Madurai
HC cites privacy, quashes govt order to collect sensitive info of school students
THE Madurai Bench of the Madras High Court on Monday quashed an order issued by the member-secretary of TN Model Schools (TNMS) on September 4, 2025, which instructed all government high and higher secondary schools to upload sensitive information about students belonging to 25 categories on EMIS portal under 'Special Focus Students' scheme.
1 min
January 06, 2026
The New Indian Express Madurai
Fake snakes used to snatch chains, 36 women held
A shocking revelation from Gorakhpur had the district police uncovering a gang engaged in chain snatching by using fake snakes, scorpions, and lizards to terrify their victims.
1 mins
January 06, 2026
The New Indian Express Madurai
India needs $100 bn to meet gap in Himalaya climate funding: Report
INDIA'S Himalayan region requires approximately $102 billion per year to address adaptation and mitigation costs associated with climate change, according to a synthesis report from the International Centre for Integrated Mountain Development (ICIMOD).
1 mins
January 06, 2026
The New Indian Express Madurai
SC signs MoU with Bhutan for law clerks
CHIEF Justice of India (CJI) Surya Kant said on Monday that the Supreme Court has entered into a memorandum of understanding (MoU) with the apex court of Bhutan to facilitate the exchange of young legal professionals.
1 min
January 06, 2026
The New Indian Express Madurai
ADDRESS 'EMBEDDED TAXES' THAT INFLATE HEALTHCARE COSTS
NDIA'S Union Budget 2026-27 holds significant promise, given the slew of reforms in 2025 such as the New Labour Code and Goods and Services Tax (GST) rationalisation.
2 mins
January 06, 2026
The New Indian Express Madurai
Shatabdi trains may get VB rakes as rlys shelves plan to stop chair car production
THE Indian Railways has rolled back its earlier decision to stop the production of Vande Bharat chair cars after completing 120 train sets.
1 min
January 06, 2026
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