HDFC Bank CEO Sashidhar Jagdishan decides not to seek third term, will retire on Oct 26; board to fast-track successor selection. MUMBAI: HDFC Bank MD & CEO Sashidhar Jagdishan, chief of the country’s largest private lender, has decided not to seek a third term and will retire on Oct 26, bringing an unexpected end to…
Strong growth in tyre exports in Q1 reflects the growing acceptance of Indian-made tyres across global markets Chennai: India’s tyre exports grew 16% year-on-year to ₹7,700 crore in the first quarter of FY27, despite geopolitical uncertainty, supply chain disruptions, and elevated input and logistics costs, the Automotive Tyre Manufacturers’ Association (ATMA) said, citing Commerce Ministry…
BENGALURU: At 12 pm on Friday, Raksha Bandhan shoppers on Instamart were ordering 857 rakhis every minute. One Bengaluru customer spent Rs 10,995 on five rakhis featuring 24-karat gold coins, while a shopper in Gurugram put together a Rs 14,630 basket containing rakhis, skincare products, chocolates and soft toys.These were among the festive snapshots shared…
US President Donald Trump with Canadian Prime Minister Mark Carney The US-Canada trade war has intensified, with both countries imposing fresh tariffs on a range of goods, including cars, building materials, household products and alcohol. The latest measures come after US President Donald Trump’s threat to raise tariffs on Canadian imports, prompting Prime Minister Mark…
Jio IPO gets Sebi approval MUMBAI: Jio Platforms, the digital arm of Mukesh Ambani’s Reliance Industries, has secured Sebi clearance for an initial public offering (IPO) expected to raise up to $4 billion, setting the stage for what could be India’s largest-ever stock market debut.In a stock exchange filing on Friday, RIL said Jio Platforms…
NEW DELHI: HDFC Bank managing director and chief executive Sashidhar Jagdishan has decided not to seek reappointment when his current term ends on October 26, the country’s largest private sector lender said in a regulatory filing on Saturday.Jagdishan conveyed his decision to the bank’s board and reiterated it despite the board’s “persuasion”, the filing said….
Smartphones became India’s top exported individual commodity in FY 2025-26. In 2020 when the Production Linked Incentive (PLI) Scheme was launched as a cornerstone of the ‘Atmanirbhar Bharat’ push, little did anyone know that smartphones would emerge as the poster boy of its success. Mobile phones assembly and manufacturing is arguably the biggest success story…
US labor dept lowers employment growth by 79,000 for March 2026 US employment growth in the year to March 2026 was weaker than initially estimated, with the US bureau of labour Statistics (BLS) putting the preliminary downward adjustment to total nonfarm employment at 79,000, or 0.1 per cent.The private sector recorded a larger preliminary revision,…
GST Council meeting on September 12 The GST Council is set to meet in New Delhi on September 12, with simplification of GST registration for businesses passing on tax credit of more than Rs 2.5 lakh a month among other issues in focus.The 57th meeting of the council, chaired by Union finance minister Nirmala Sitharaman…
Payment Bill rekindles MDR hopes for large-value UPI MUMBAI: India’s digital merchant payments market grew 19.6% year-on-year to Rs 11.7 lakh crore in July, but the more consequential change was in how that money moved: UPI’s share of person-to-merchant transactions reached a record 77.3%, while credit and debit cards continued to lose ground.According to a…
