India’s benchmark equity indices ended sharply lower on Tuesday as heightened geopolitical tensions in West Asia triggered broad-based selling, with PSU bank, realty and auto stocks leading the decline.
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IRCTC appointed Rajneesh Narain as its Chief Financial Officer with immediate effect. Narain’s appointment as CFO took effect on July 14, 2026, following board approval. He joined IRCTC as Director (Finance) on June 15, 2026, bringing extensive coal sector experience.…
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India’s largest private banks are reducing staff numbers. This shift reflects increased automation and artificial intelligence adoption. Technology now handles routine operations, freeing human resources for customer-facing roles. Banks like HDFC and Axis Bank are redeploying talent to advisory and…
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India’s wholesale inflation rose to 9.87 percent in June. This figure exceeded economists’ earlier projections for the month. Higher prices for food and mineral oils drove the wholesale price increase. Inflation in primary articles accelerated significantly after May’s figures. Fuel…
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The Central Board of Indirect Taxes and Customs (CBIC) has issued a circular operationalising the self-certification framework for origin declarations under the India-UK Comprehensive Economic and Trade Agreement (CETA), which comes into force on July 15, 2026. The move replaces…
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India’s government is nearing acceptance of Fairfax Financial’s offer for IDBI Bank. Fairfax may slightly increase its per-share bid for the Mumbai-based lender. This potential transaction represents a significant government-backed disposal of a bank stake. Final approvals are still required…
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