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Business
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HDFC Bank submits two candidates to RBI for next CEO
India's largest private lender HDFC Bank has submitted the names of two candidates to the Reserve Bank of India for the position of managing director and chief executive officer, Bloomberg News reported on Saturday, cit...
Oversold markets may stage near-term rebound, say analysts
Indian equities experienced a decline on Friday, mirroring Asian markets' downward trend. Both Nifty and Sensex indices closed lower for a fifth consecutive week. Rising crude oil prices and US bond yields kept investor...
Valuation question! Why did NSE cut its IPO size and price below unlisted market levels?
NSE MD and CEO Ashish Chauhan said the exchange had invited shareholders to tender shares before filing the draft red herring prospectus. He said bankers advised the exchange on pricing, while the IPO size was based on...
HDFC Bank sends two names to RBI for next MD & CEO
The board further approved the creation of an additional Whole-time Director position, taking the total number of Whole-time Directors on the Board to four, apart from the MD & CEO
F&O Talk: Nifty has slipped below its crucial support, says Sudeep Shah; picks 5 stocks for next week
After a turbulent trading day, Indian stock indices bounced back significantly as oil prices and bond yields eased. The Sensex and Nifty ended with modest declines, having experienced deeper dips earlier. Previous climb...
RBI rejects Tata Sons’ application to surrender NBFC licence, asks for immediate listing
In a letter written to Tata Sons Private Ltd, the banking sector regulator has asked the holding company of the Tata Group to prepare for an immediate public listing
RBI opts for sharp liquidity drain through $10.5 billion debt sale
The Reserve Bank of India is set to issue bonds valued at one trillion rupees to help manage surplus liquidity in the banking sector. This strategic move comes in response to increasing inflationary pressures driven by...
Stock markets fall in early trade amid soaring crude oil prices, West Asia conflict
The 30-share BSE Sensex fell 628.24 points to 74,257.69 in early trade. The 50-share NSE Nifty dropped 221.20 points to 23,255.10
NSEL settlement scheme: Sebi settles proceedings against 91 commodity brokers
Sebi has concluded its proceedings against ninety-one commodity brokers linked to the NSEL issue, allowing these firms to participate in a settlement scheme. Many brokers consented to temporary limitations on proprietar...
NSE set to raise ₹22,569 crore IPO from capital market
The IPO consists of only offer for sale, where existing shareholders will sell their shares, and no fresh capital to be raised
Explained: Why did market bounce back? Sensex recovers 620 points from day’s low, Nifty closes near 23,400
On Friday, Indian stock indices bounced back notably after a sluggish start, largely due to declining oil prices and bond yields. The shift in market sentiment was fueled by news of an upcoming summit between Gulf natio...
FM urges RBI to advance CBDC, sharpen digital Rupee capabilities amid tokenisation push
"Every tokenization architecture being tested across the world eventually returns to the foundational question: What is the money leg made of?" the Finance Minister said
Market wrap: HDFC Bank, Dr Reddys, Hindalco, JSW Steel top gainers and losers on Nifty and Sensex on Friday
Indian equity markets ended the week lower as crude oil prices surged and global rate concerns pressured sentiment. Nifty fell 0.34%, while Sensex gained 0.16%. Midcaps and smallcaps declined, volatility rose, with meta...
PM Modi highlights trade barriers, sea route disruptions at BRICS Business Forum
Also speaking at the forum, Russian President Vladimir Putin talked about the ongoing shift in global economic power, while Iranian President Masoud Pezeshkian spoke about the need to move trade away from a system domin...
Rupee slumps 38 paise to close at 95.46 against US dollar
The Indian rupee slipped by 38 paise, settling at 95.46 against the US dollar on Thursday, influenced by Brent crude oil prices rising above USD 102 per barrel. Forex traders highlighted conflicting factors affecting th...
Mumbai Global Fintech Fest 2026: Small Finance Banks seen taking big steps
Utkarsh Small Finance Bank Limited announced the introduction of modernised Retail Internet Banking and Mobile Banking platform at the GFF 2026
ECB raises interest rates as Iran war fans inflation fears
The European Central Bank has taken another bold action by raising interest rates for the second occasion within the year. This effort is designed to tackle stubborn inflation, significantly driven by high energy costs...
Bahrain court rejects claims by litigants in Credit Suisse CS AT1 bonds case against HDFC Bank
HDFC Bank said it has received favourable orders from High Civil Court, Bahrain, in two proceedings initiated against the bank by the investors of Credit Suisse Additional Tier 1 Bonds (CS AT1), following judicial scrutiny of their claims and the evidentiary materials placed before the Bahrain Court.