Indian equity indices, Sensex and Nifty, bounced back on Monday, gaining 291 points and 24,100 mark respectively. The rally was driven by falling crude oil prices, foreign fund inflows, and optimism from US-Iran diplomatic progress. Key gainers included Reliance Industries and HDFC Bank.
Former West Bengal minister Aroop Biswas wrote to HDFC Bank requesting a freeze on the party's account until authorities decide control. This comes after he was removed as treasurer and is being probed for 'Messigate'.
Former West Bengal minister Aroop Biswas wrote to HDFC Bank requesting a freeze on the party's account until authorities decide control. The account reportedly holds Rs 535 crore. Biswas was recently removed as treasurer.
HDFC Bank's board meets June 18 to review law firms' findings on Atanu Chakraborty's concerns, with preliminary reports indicating no governance issues. The board will also seek a three-month extension for interim chairman Keki Mistry, pending RBI approval.
HDFC Bank's board meets June 18 to review legal findings on ex-chairman Atanu Chakraborty's concerns. Preliminary reports suggest no governance issues. The board will also seek a three-month extension for interim chairman Keki Mistry, pending RBI approval.
Mirae Asset Sharekhan's Somil Mehta recommends Oberoi Realty, HDFC Life Insurance, Blue Star, and Phoenix Mills for June 16, 2026, citing technical breakouts, positive momentum indicators, and strong support levels. Investor wealth surged Rs 18.15 lakh crore as markets rallied on cooling West Asia tensions.
Law firms hired by HDFC Bank found no merit in ethical concerns raised by former Chairman Atanu Chakraborty in his resignation letter. Findings are expected to be presented to the board's audit committee soon.
HDFC Bank increases MCLR rates by up to 10 bps, ranging from 8.05% to 8.65% across loan tenures, following RBI's decision to maintain the repo rate at 5.25%.
The Guardian'ın haberine göre, Epstein'in 5 bin e-postası incelendi. E-postalarda, DFC CEO'su Ben Black'in 2011'de Epstein ile aynı şirkete yatırım yaptığı ve ilişkilerini sürdürdüğü ortaya çıktı. Black'in avukatları ise Epstein'in gerçekleri abartma eğiliminde olduğunu belirtti.
A consumer commission ordered HDFC ERGO to pay Rs 6 lakh with interest to a software engineer whose father's health insurance claim was denied due to a provisional diagnosis of alcohol withdrawal psychosis. The commission found the denial unjustified, citing a lack of evidence and a deficiency in service by both the insurer and the hospital.
Brokerages like Morgan Stanley, Goldman Sachs, Macquarie, Jefferies, and HDFC Securities have issued ratings and price targets for several Indian companies, including Reliance Industries, Indigo, Asian Paints, Cummins India, and Heidelberg Cement India, citing various performance metrics and future outlooks.
Morgan Stanley, Goldman Sachs, Macquarie, Jefferies, and HDFC Securities have issued stock recommendations. Morgan Stanley is overweight on Reliance Industries, Goldman Sachs is buying Indigo, Macquarie recommends Asian Paints, Jefferies is buying Cummins India, and HDFC Securities rates Heidelberg Cement India as reduce.
The US International Development Finance Corporation (DFC), reauthorized by Congress in December, expands its $205 billion portfolio to support private-led projects globally, contrasting with China's state-led approach.
Home loan affordability calculators help buyers assess repayment capacity and monthly installments before purchasing a property. These tools consider income, existing EMIs, loan tenure, and interest rates to ensure a smart financial investment.
HDFC Bank launched a voluntary double OTP system for senior citizens (60+) in Gurugram and Faridabad. This security measure requires verification from both the account holder and a trusted contact to prevent cyber fraud and financial losses.
HDFC Bank plans a three-month extension for interim chairman Keki Mistry as the board awaits findings from a legal review before appointing a full-time successor. The bank seeks RBI approval for this extension.
HDFC Bank's Regalia Gold Credit Card now requires Rs 60,000 quarterly spend for 3 domestic lounge visits from July 1, 2026. International Priority Pass access remains unchanged with 6 annual visits.
HDFC AMC reported a cyber-security incident on May 16, 2026, after an anonymous source claimed access to its IT systems. The company is assessing the impact, but business continuity is not expected to be affected. This highlights rising cyber risks in India, with digital fraud cases surging.
Jefferies raised Bharti Airtel's target price to Rs 2,350, citing strong Q4FY26 results. JP Morgan upgraded Cipla to overweight with a Rs 1,550 target, driven by US launch visibility. Morgan Stanley maintained an underweight rating on Dixon Technologies. HDFC Securities upgraded Hyundai Motor India to add, and Nomura has a buy rating on Crompton Greaves Consumer Electricals.
The United States is shifting strategy to fund local African processing and mining infrastructure, after recognising it cannot yet process the critical minerals it is racing to secure from the continent to counter China. Tom Haslett, managing director of policy for critical minerals at the US International Development Finance Corporation (DFC), said that unlike China, which had “significant industry backing for both processing and downstream manufacturing”, the US and Europe did not yet have...
The US is shifting strategy to fund local African processing and mining infrastructure after recognising it cannot yet process the critical minerals it is racing to secure from the continent to counter China. Tom Haslett, managing director of policy for critical minerals at the US International Development Finance Corporation (DFC), said that unlike China, which had “significant industry backing for both processing and downstream manufacturing”, the US and Europe did not yet have that...
