Business

Indian Overseas Bank (IOB) achieved a net profit of Rs 1,051 crore for Q4FY25, marking a 30.07% Y-o-Y growth. Operating profit rose to Rs 2,618 crore. Source

International Business News: President Trump signed executive orders to bolster drone security, promote air technologies like electric air taxis and supersonic aircraft, and reduc Source

Companies also continue to face uncertainty due to insufficient legal means to protect trade secrets in India, the USTR said, adding that “currently no civil or criminal laws in India specifically address the protection of trade secrets”. Source

Warren Buffett advises young investors on forming the right associations for success, emphasizing integrity and passion at Berkshire Hathaway’s AGM. Source

International Business News: President Xi Jinping has reportedly agreed to resume rare earth mineral and magnet exports to the US, potentially easing trade tensions. This follows Source

ICICI Prudential Life posted an 18% rise in March premiums, with total annualised premium equivalent (APE) up 32% year-on-year. Source

Anmol Gupta of 7Prosper advises against blindly using the 4% rule for retirement planning. Factors like retirement age and inflation must be considered. Source

India Business News: Infosys has launched a cash reward program for senior staff involved in lateral recruitment interviews, aiming to boost employee engagement and attrac Source

Oil prices may decline further this year as new production swells and demand remains capped by China’s faltering growth, the head of the International Energy Agency said. Source

Petrol, Diesel Price On May 5: Check City-Wise Rates Across India Including In Delhi, Mumbai And Kolkata Source