HDFC Bank’s chairman, Atanu Chakraborty, resigned citing personal values, raising governance concerns. However, the bank and regulators indicate no systemic lapses, suggesting an interpersonal issue. Leadership continuity is now critical amid ongoing management changes and upcoming CEO term expiry, with…
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Asian markets opened lower on Monday. Oil prices continued to surge following President Trump’s strong statements on Iran. This escalation has heightened concerns about a wider conflict and disrupted energy supplies. Global markets reacted negatively, with stock indices across Asia…
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Brent crude prices have surged sharply by more than 60 per cent since the beginning of the US-Iran-Israel conflict, rising to around USD 112 per barrel on Monday from approximately USD 70 per barrel before the war, reflecting severe disruptions…
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The global economy is under “major threat” from the energy crisis caused by the Middle East war and “no country will be immune” to its effects, International Energy Agency chief Fatih Birol said Monday. “No country will be immune to…
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JP Morgan Chase has settled a case with Sebi over alleged Foreign Portfolio Investor rule violations. The bank paid Rs 34.42 lakh to resolve the matter. Sebi found JP Morgan Chase had granted licenses to unregistered entities and delayed acting…
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The rules have raised house rent allowance limits to 50% of salary in eight major cities including Mumbai, Delhi, Kolkata, Chennai, Hyderabad, Pune, Ahmedabad and Bengaluru, while mandating disclosure of landlord-tenant relationships.
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