HDFC sacks employees for AT1 bond mis-selling
MUMBAI: HDFC Bank has terminated three employees, including senior executives, after an internal probe into the alleged mis-selling of Credit Suisse AT-1 bonds to NRI clients at its UAE operations.…
Weight-loss therapy costs set to be lower by up to 90%
NEW DELHI : Weight-loss therapy costs are set to reduce substantially by up to 90%, with generic versions of injectable semaglutide are expected to hit pharmacy shelves from March 21.…
Flipkart group CFO to leave co amid IPO plans
BENGALURU: Walmart-owned e-commerce firm Flipkart on Thursday said its group chief financial officer Sriram Venkataraman is quitting the firm as the company prepares for its next phase of growth and…
FPI outflow nears record at ‘93.7k cr | India News
MUMBAI: Net selling by foreign funds in the stock market is on track to break the all-time monthly record as rupee this month has been weakening to record lows at…
Bank holiday today: Are banks closed on March 21, 2026 for Eid-ul-Fitr 2026? Check state-wise list
Bank holiday today: Some parts of India are observing Ramzan-Id (Id-Ul-Fitr), Khutub-E-Ramzan, Sarhul today, on March 21, 2026. Hence banks in many parts of the country are closed this Saturday.…
Singed by Iran fire, Rupee drops 108 paise in single session, worst fall in 4 years
MUMBAI: The rupee fell to a record low of 93.71 on Friday, dropping 108 paise from its previous close of 92.63, marking its sharpest single-day decline in four years, as…
India diversifies LPG supplies, imports 176k tonnes from US
NEW DELHI: India’s weekly LPG imports fell to 265,000 tonnes in the week to March 19, from 322,000 tonnes on March 5. West Asia inflows declined to just 89,000 tonnes…
$44 billion acquisition: US jury finds Elon Musk ‘misled’ Twitter shareholders in 2022
A federal jury in San Francisco has found Elon Musk liable for defrauding Twitter (now X) investors in 2022 by disparaging the company in an effort to secure a lower…
Core sector output slows to 2.3% in February; crude, gas and refinery drag weighs on momentum
Growth in India’s eight core infrastructure industries eased to 2.3 per cent in February, down from 3.4 per cent in the same month last year, reflecting weakness in energy-linked segments…
Govt clears Rs 20,000 crore credit guarantee scheme for MFIs; funding access in focus
The government has approved a limited-period Rs 20,000-crore credit guarantee scheme aimed at easing fund flow constraints faced by microfinance institutions (MFIs), according to a PTI report.The Credit Guarantee Scheme…