In clean-up drive, ex-CEC Rajiv Kumar named HDFC chairman MUMBAI: The HDFC Bank board has appointed former chief election commissioner and ex–finance secretary Rajiv Kumar as chairman of the bank, subject to RBI approval. Starting June 30, the board has proposed a four-year term. The appointment ends uncertainty over the next chairman, following the sudden…
Wall Street started the week on a stronger note, with major US indices rebounding after a rare spell of losses as heavyweight technology stocks lifted investor sentiment.The Dow Jones Industrial Average stood at 52,174.42, up 0.58%, while the Nasdaq Composite was at 25,495.20, gaining 0.78%, and the S&P 500 reached 7,390.14, rising 0.49% around 8…
The Centre is planning to roll out a Rs 5,000 crore scheme over the next three months to promote the adoption of cleaner technologies in the steel sector as part of efforts to reduce carbon emissions The Centre is planning to roll out a Rs 5,000 crore scheme over the next three months to promote…
The 30-share BSE Sensex fell 372.10 points, or 0.48%, to settle at 76,728.37. During the session, it dropped as much as 478.72 points, or 0.62%, to 76,621.75. Benchmark equity indices Sensex and Nifty ended lower on Monday as renewed hostilities between the US and Iran and a rise in global crude oil prices dented investor…
More than a quarter of the country’s nearly 6,000 bond issuers carried AAA ratings at the end of the first quarter, while another 32% were rated AA+, according to the Securities Association of China. In comparison, fewer than 1% of outstanding US corporate bonds carry AAA ratings, Bloomberg data showed. In a move that could…
India’s Gen Z has mastered accountmaxxing — stacking SIPs, buying mutual funds and chasing financial freedom. SIPs? Locked in. Mutual funds? Loading. But when it comes to insurance, many are still depending on their parents to handle it. According to a Bajaj Capital report, 51% of Gen Z respondents actively invest through mutual funds and…
Concerns over the country’s fiscal outlook intensified after crude oil prices surged amid the conflict in the Middle East. (AI image) US-Iran war impact: India is well positioned to absorb a fiscal deficit that may be more than the current projections this year without putting its investment-grade sovereign rating at risk, according to Moody’s Ratings,…
China is accelerating plans to launch its first sulphur futures contracts this year as the Iran conflict has intensified price volatility, reinforcing the need for a hedging tool and greater pricing power in the global sulphur trade, sources told news agency Reuters. China is accelerating plans to launch its first sulphur futures contracts this year…
ITR filing: The choice of form should not be treated as a mechanical carry-forward of the previous year’s position. (AI image) ITR filing FY 2025-26: Any easy mistake to make when filing your income tax return is the form that you choose for ITR. This can especially be the case for salaried taxpayers who can…
State-owned India Infrastructure Finance Company Ltd (IIFCL) is planning to raise $1 billion from overseas investors in what could become its largest foreign-currency loan, while also holding talks with the Asian Development Bank (ADB) for a separate $400 million loan, a senior company executive told Reuters. State-owned India Infrastructure Finance Company Ltd (IIFCL) is planning…
Top stocks to buy today (AI image) Stock market recommendations: TVS Motor Company, and Vijaya Diagnostic Centre are the top stock recommendations by Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities for the June 29-July 3, 2026 week. The analyst has also shared his views on Nifty and Bank Nifty: Stock recommendations: TVS…
Overall, the technical outlook remains bearish to neutral. As long as prices trade below the 20-day moving average, rallies are likely to face selling pressure. (AI image) Gold price prediction today: Gold prices may find support in the Rs 142,800–143,200 band. They are trading with a bearish bias in the near-term, says Manav Modi, Senior…
