SBI and SBI Capital Markets to dilute up to 1% stake in NSE offer NEW DELHI: State Bank of India (SBI) and its subsidiary SBI Capital Markets together plan to dilute up to 1% stake in the National Stock Exchange (NSE) through the exchange’s proposed Rs 30,000-crore initial public offering (IPO). The bank is participating … Read more
Bitumen prices remain elevated in India as supply improves but crude sourcing challenges keep road construction costs high NEW DELHI: India had faced a severe bitumen shortage at the peak of the West Asia crisis despite receiving crude supplies from Russia. The reason was that Russian oil is predominantly “sweet crude”, making it unsuitable for … Read more
Where are gold and silver prices headed this week Gold and silver prices could remain under pressure in September, with US employment data, central-bank expectations and geopolitical tensions likely to drive trading.The bullion market is set to enter the month on a cautious note the after witnessing a sharp sell-off last week. On the Multi … Read more
Foreign investors pump over Rs 30,900 crore into Indian equities in August Foreign investors returned to Indian equities in August with a stronger buying pace, putting Rs 30,919 crore into the market and extending their net purchases for the second month. The latest inflow came after Rs 20,200 crore was invested in July, offering a … Read more
FM Nirmala Sitharaman in Chicago India has met its fiscal deficit target for 2025-26, Union finance minister Nirmala Sitharaman said on Sunday, asserting that the government has stayed on its planned path of fiscal discipline.“We have given ourselves a fiscal discipline path on the fiscal deficit as well. We have fulfilled the trajectory. The last … Read more
Consumers ask artificial intelligence for advice but less than half trust it Traditionally, shopping advice came from friends, parents, relatives and even online reviews. Now, consumers have found an unlikely shopping companion — artificial intelligence, though it is yet to earn the same level of trust.Generative AI and other digital tools are increasingly becoming part … Read more
Bank holidays in September 2026 September is set to bring a mix of festivals and regional holidays for bank customers, with branches in different parts of the country scheduled to remain closed across several days during the month. According to the Reserve Bank of India’s holiday calendar, bank holidays vary across cities and states, so … Read more
US President Donald Trump has put Venezuela’s vast oil reserves at the centre of what he calls “the biggest oil deal in world history.” Venezuela’s interim President Delcy Rodriguez stated that the energy pact with the US will last 25 years and aims to revive the country’s struggling oil industry.Trump said the deal was negotiated … Read more
Next HDFC Bank CEO Will Be In By Oct: Sources MUMBAI: Sashidhar Jagdishan’s decision not to seek another term has brought Kaizad Bharucha, an HDFC Bank old guard and an earlier contender for the top job, into focus as a possible successor.Sources said a successor will be in place before Jagdishan steps down in Oct, … Read more
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 … Read more