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Kotak Mahindra Bank Q2 results preview: Net profit expected to progress 10%

Kotak Mahindra Bank is scheduled to announce its second quarter results on Saturday (October 19). Analysts expect key financial parameters to grow compared to last year.They expect the bank’s net interest income (NII) to reach ₹6,996.9 crore, representing a growth of 11.1% from ₹6,296.6 crore.Profit after tax (PAT) is estimated at ₹3,513 crore, showing a…

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Kangleipak Communist Party members caught in Manipur Police operation

Manipur Police arrested two active members of the proscribed Kangleipak Communist Party (KCP) People’s War Group (PWG) on October 18 in Pureiromba Khongnangmakhong, Imphal East district. The arrested individuals, identified as Mutum Inao Singh (31) and Khwairakpam Rajen Singh (25), were reportedly involved in extorting money from the public and engaging in other illegal operations….

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Gunfire erupts in Imphal West, no injuries reported

A gunfire exchange between two groups occurred in Koutruk village, Imphal West district, on Thursday, less than two days after peace talks were held between Meitei and Kuki legislators in Delhi, police reported. Assailants launched the attack from the hills of Kangpokpi district, targeting the low-lying Koutruk village. Village volunteers responded with retaliatory fire. Fortunately,…

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