Private banking sector flux: CFO departures and leadership uncertainty amid regulatory changesIndia's banking sector is experiencing significant leadership shifts, with multiple CFOs and senior executives departing private banks and ...
30 Jun, 2026, 07.35 AM IST
Sabarimala gold loss: HC allows fresh case as SIT finds evidence against ex-TDB chiefThe Kerala High Court has allowed a fresh criminal case against former TDB president P S Prashanth regarding the 2025 replating of Sabarima...
29 Jun, 2026, 11.52 PM IST
Why boards end up rubber-stamping decisionsBoards often stifle early strategic ideas by demanding complete plans, leading to late information and limited options. Instead of challeng...
29 Jun, 2026, 11.24 PM IST
Churn at private banks' finance function, 2 CFOs quitA significant reshuffle is underway in the finance departments of major Indian banks. Axis Bank and Bandhan Bank have seen their Chief Fina...
29 Jun, 2026, 10.42 PM IST
HDFC Bank appoints former financial services secretary Rajiv Kumar as new Non-Executive ChairmanHDFC Bank has appointed former IAS officer and ex-Chief Election Commissioner Rajiv Kumar as its Part-time (Non-Executive) Chairman. The ba...
29 Jun, 2026, 09.59 PM IST
How a Haystack Meeting Helped Change the USA’s View of the WorldA 1806 haystack meeting at Williams College sparked American missionary efforts in Asia, significantly shaping the USA's global perspective...
29 Jun, 2026, 05.02 PM IST
There was no material concern beyond what I’d already written: HDFC's Atanu ChakrabortyFormer HDFC Bank Chairman Atanu Chakraborty refutes the bank's claim of non-cooperation with an external legal review post his resignation....
29 Jun, 2026, 09.32 AM IST
PFC, REC boards approve merger scheme, share exchange ratio at 88 PFC shares for every 100 REC sharesPower Finance Corporation and REC Ltd boards have greenlit their merger, creating India's largest power financier with over Rs 11 lakh cror...
28 Jun, 2026, 11.39 PM IST
Chhattisgarh: NCL OKs new phase of diamond explorationNMDC-CMDC Limited's board has greenlit the next exploration phase for the Baloda-Belmundi Diamond Block in Chhattisgarh. This crucial step ...
27 Jun, 2026, 11.21 PM IST
Ashok Vaswani to step down as Kotak Mahindra Bank MD & CEO; bank begins search for successorIn a surprising announcement, Ashok Vaswani, CEO and Managing Director at Kotak Mahindra Bank, has decided to step down on December 31, 202...
27 Jun, 2026, 04.23 PM IST
Ind review finds no merit in ex-HDFC Bank chief Atanu Chakraborty's claimsHDFC Bank's extensive legal review found no evidence in board records to support concerns raised by former Chairman Atanu Chakraborty's res...
27 Jun, 2026, 01.00 AM IST
IMF chief economist says Fed reduction in rate guidance is 'entirely appropriate'The IMF's chief economist, Pierre-Olivier Gourinchas, has endorsed Federal Reserve Chair Kevin Warsh's move to reduce explicit forward guid...
26 Jun, 2026, 10.35 PM IST
Power Grid of India board okays raising borrowing limit to Rs 2.2 lakh crThe board of Power Grid Corporation has approved a substantial raise in its borrowing limit to Rs 2.2 lakh crore, up from Rs 1.8 lakh crore...
26 Jun, 2026, 04.39 PM IST
Power Grid of India board okays raising borrowing limit to Rs 2.2 lakh crorePower Grid Corporation's board has greenlit a significant increase in its borrowing limit to Rs 2.2 lakh crore, pending shareholder approva...
26 Jun, 2026, 04.37 PM IST
Venezuela to tap IMF reserve assets for quake reconstruction, Bloomberg News reportsVenezuela is planning to utilize $200 million from its $4.5 billion IMF Special Drawing Rights (SDRs) to fund reconstruction efforts follow...
25 Jun, 2026, 11.40 PM IST
'Growth momentum solid,' IMF says, backing Fed's wait-and-see approachThe U.S. economy is showing robust growth, with first-quarter GDP revised upwards to 2.1%. The International Monetary Fund anticipates infl...
25 Jun, 2026, 09.40 PM IST
Air India: As Campbell Wilson readies for departure, N Chandrasekaran enters the cockpitChandrasekaran has called for closer coordination across the airline’s departments. Key divisions such as flight operations, commercial str...
24 Jun, 2026, 07.34 PM IST