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RBI working to provide avenues to Russian trade counterparts for INR use

Mumbai: The Reserve Bank of India (RBI) is working on providing more avenues for the usage of Indian rupee (INR) accumulated by the Russian trade…

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Iran War: India faces ‘triple threat’ amid West Asia crisis

New Delhi: Amid the ongoing crisis in West Asia, India is facing a potential “triple threat” of rising energy costs, declining remittance inflows, and reverse…

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Keki Mistry, interim chairman of HDFC Bank.
Posted in Business

Keki Mistry returns to steady the HDFC Bank ship in choppy waters| Business News

For Keki Mistry, it’s a return to the helm born out of sudden necessity. Doesn’t matter if it’s only for three months. The man who…

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Indian exporters facing shipment delays amid West Asia crisis; govt sets up inter-ministerial group

Indian exporters are facing challenges as shipments are not reaching destinations due to disruptions caused by the West Asia conflict, Commerce Secretary Rajesh Agrawal said…

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Free trade between India and Russia is being worked upon, official says

Mumbai: At the Russian-Indian Forum titled “From The Volga to The Ganges” organised by the National Stock Exchange (NSE), Sergey Glazyev, State Secretary of the…

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Tamil Nadu surpasses Gujarat, Maharashtra to become India’s top textile exporter

Chennai: Tamil Nadu has emerged as India’s top state in textile exports, recording shipments worth USD 7,997.17 million for the fiscal year 2024-25, which is…

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Posted in Business

Apple Is Way Behind in AI—and Still Making a Fortune From It| Business News

Apple is on pace to surpass $1 billion in artificial-intelligence revenue this year, a tidy sum that demonstrates the company’s AI advantage even as it…

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The Reserve Bank of India will continue to engage with the HDFC Bank board and management on the way forward. (Reuters)
Posted in 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…

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Keki Mistry, interim part-time chairman of HDFC Bank.
Posted in Business

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…

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The DailyObjects Loft is a glorified power strip, at best.
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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…

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