The Reserve Bank of India is assessing banks’ direct and indirect exposures to West Asia amidst the Iran war’s impact on global markets and energy supply chains. Lenders are providing details on potential risks, including those from Indian companies with…
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JP Morgan, the world’s largest bank by markcapitalisation, has appointed Rahul Badhwar as its senior country officer for India, according to an internal memo seen by ET. Badhwar joins from HSBC, where he spent three decades in a range of…
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Ahmedabad, A special CBI court in Ahmedabad has convicted and sentenced four accused, including two former officials of UCO Bank, to five years of Rigorous Imprisonment along with fines in two separate bank fraud cases, officials said on Tuesday.
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India’s trade performance has remained robust and resilient, with exports recording a steady upward trajectory both in the current financial year and over the longer term (FY 2021-25) despite the global uncertainty, the Parliament was informed on Tuesday.
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Indian stocks markets jumped on Tuesday, with Sensex and Nifty rising nearly 2% to recover more than half of the losses incurred during yesterday’s massive crash. This came as US President Donald Trump’s announcement of a brief pause in bombing…
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The rupee’s record low against the dollar offers a modest competitive edge to Indian exporters, particularly in sectors like textiles and leather. However, rising input costs and a higher crude oil bill are likely to offset these gains, with industry…
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