Category: Business
RBI says no material concerns on record about HDFC Bank after top-level churn| Business News
There are no material concerns on record about HDFC Bank Ltd., the Reserve Bank of India said after the sudden resignation of part-time chairman Atanu…
All in well at HDFC Bank, Keki Mistry says after sudden exit of Atanu Chakraborty| Business News
Keki Mistry has sought to calm nerves of investors to employees and customers of HDFC Bank Ltd. alike after the sudden resignation of part-time chairman…
Altermagnetism for storage, and DailyObjects’ unimpressive Loft| Business News
Opening thoughts. Meta Platforms Inc. is shutting down a feature that it says never truly caught on. End-to-end encryption for Instagram direct messages (or as…
Atanu Chakraborty resigns as HDFC Bank’s part-time chairman due to ‘ethical concerns’| Business News
Atanu Chakraborty has resigned as the part-time chairman of HDFC Bank Ltd. citing a misalignment between his personal ethics and the internal practices of India’s…
US Fed holds interest rate steady at 3.5-3.75% despite higher inflation| Business News
The US Federal Reserve held interest rates steady on Wednesday and projected higher inflation, steady unemployment and only a single rate cut for the year…
India yet to take a call on requests from neighbours for supply of fuel| India News
India is yet to take a call on requests from several neighbouring countries for supply of fuel as meeting domestic demand is the top priority,…
RBI’s defence of rupee vs dollar is weighing on India’s forex reserves| Business News
The Reserve Bank of India’s recent defence of the rupee vs dollar is weighing on the nation’s foreign exchange reserves, prompting calls from some analysts…
Rupee slumps to record low even as Goldman Sachs warns of 95/dollar levels| Business News
Goldman Sachs Group Inc. has warned that the Indian Rupee (INR) could tumble to 95 against the US Dollar (USD), even as the local currency…
NSE is said to set modest fee for its $2.5 billion IPO at just 0.65%| Business News
The National Stock Exchange of India has set advisory fees at about 0.65% of the issue size for its upcoming IPO, according to people familiar…
Iran war impact to show on India GDP, inflation in risk to ‘Goldilocks’ economy| Business News
Surging crude oil prices and acute LPG shortage are rippling through the Indian economy as the Iran war drags on, disrupting industries and prompting analysts…