Tag: hdfc bank

Highways safety push: Govt to fine contractors for repeat NH accidents; cashless treatment scheme for victims soon

Business
The Ministry of Road Transport and Highways will now impose penalties on contractors if more than one accident occurs in a year on a specific stretch of National Highway built under the build-operate-transfer...

IIHL and Invesco complete JV formation to grab a piece of fast-growing asset management market in India

Stocks
IndusInd International Holdings (IIHL), the promoter of IndusInd Bank, and US-based global investment firm Invesco Ltd have completed the formation of their new asset management joint venture in India, marking a key strategic move in...

Inflation’s ways give room for a rate cut, but RBI may not do it

Economy
India's inflation environment remains benign as reinforced by the latest Consumer Price Index (CPI) print, providing space for potential monetary easing. However, most...

Sensex up over 250 pts, Nifty50 above 24,850 on Infosys buyback plans, banks rally

Stocks
Indian benchmark indices Sensex and Nifty opened higher on Tuesday, powered by gains in Infosys after the nation’s No. 2 IT services firm...

Festive GST bonanza may cool India’s inflation by up to 90 bps

Economy
Around one-fourth of items, mostly essential and household goods, in India’s inflation basket will be taxed at 5% following the goods and service...

Indian exporters shift focus to new markets amid US tariff hike

Economy
Indian exporters of rice, tractors, and certain gems and jewellery items have been diversifying beyond the US to other markets even prior to...

HDFC Bank share price: Did the stock really fall 62% today? Here’s what happened

Business
HDFC Bank, India's largest private sector lender by market value, experienced a technical price adjustment on Tuesday as its shares commenced...

Ahead of Market: 10 things that will decide stock market action on Monday

Stocks
The Indian market ended lower on Friday, halting a six-day winning run, as investors turned cautious ahead of Federal Reserve Chair Jerome Powell’s...

SBMC receives RBI nod for 25% stake acquisition in Yes Bank, not to be classified as promoter

Stocks
Private lender Yes Bank on Saturday said the Reserve Bank of India (RBI) has approved Sumitomo Mitsui Banking Corporation (SMBC) to acquire up...

Growth to get lift, boost for demand after GST rationalisation, say economists

Economy
Domestic demand will get a boost after goods and services tax (GST) rationalisation, economists said, providing support to the economy that’s seen likely...

M-cap of 6 of top 10 most-valued firms erodes by Rs 1.36 lakh crore; RIL hit hard

Stocks
The combined market valuation of six of the top 10 valued firms eroded by Rs 1,36,151.24 crore last week, with Reliance Industries taking...

Ahead of Market: 10 things that will decide stock market action on Tuesday

Stocks
The Indian market ended in the red on Monday, as weak quarterly earnings, stalled trade negotiations with the U.S., fresh layoffs in the...

CDSL shares under pressure, slide 3% ahead of NSDL IPO launch on July 30

Stocks
Shares of Central Depository Services (India) Ltd (CDSL) fell by nearly 3% on Thursday to hit an intraday low of Rs 1,630.40 apiece...

Inputs to Index of Industrial Production now being shared with ministries

Economy
The Ministry of Statistics and Programme Implementation (MoSPI) has established a mechanism to share inputs on industrial activity in India with relevant ministries...
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