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RBI greenlights three-year term for Rajiv Kumar as HDFC Bank chair

New Delhi, July 15 -- HDFC Bank on Wednesday said that the Reserve Bank of India (RBI) has approved the appointment of Rajiv Kumar as the chairman of the lender for three years. "In furtherance to ou... Read More


July rains ease monsoon deficit, but crop and inflation risks persist

New Delhi, July 15 -- India has sharply narrowed much of its monsoon rainfall deficit after heavy showers in early July, easing fears triggered by one of the weakest starts to the season in years. But... Read More


Elon Musk may have broken Wisconsin's bribery law by promising voters $1 million payouts during Supreme Court election

New Delhi, July 15 -- Tesla CEO Elon Musk likely broke Wisconsin law when he promised to hand out $1 million checks to voters in the 2025 state Supreme Court election, a bipartisan panel has found. T... Read More


Vietnam Foreign Minister Le Hoai Trung expresses condolences on boat tragedy during meeting with Indian Ambassador Tshering Sherpa

Hanoi, July 15 -- Indian Ambassador to Vietnam, Tshering W. Sherpa, met Le Hoai Trung, Politburo Member and Foreign Minister of Vietnam, on Wednesday. During their meeting, Foreign Minister Trung expr... Read More


US launches daytime airstrikes on Iran amid renewed Strait of Hormuz crisis

New Delhi, July 15 -- The United States has launched a fresh round of airstrikes on Iran, this time carrying out attacks during daylight hours, signalling an escalation in its military campaign as ten... Read More


Donald Trump has no good options for reopening the Strait of Hormuz

New Delhi, July 15 -- When donald trump signed a preliminary peace deal with Iran last month, he bragged that it "achieves everything we set out to accomplish". The Gulf war would end and the Strait o... Read More


"Not the Ceiling, but the base": Harjinder Kang outlines 5-pillars for future of India-UK relations after FTA comes into effect

New Delhi, July 15 -- Harjinder Kang, UK's Trade Commissioner for South Asia and former Chief Negotiator for the India-UK FTA, on Wednesday highlighted that bilateral economic agreements between New D... Read More


Partners unite to shape an integrated Exercise Talisman Sabre 2027

India, July 15 -- Two CH-47F Chinooks from the 5th Aviation Regiment and two NH90 helicopters from the Royal New Zealand Air Force prepare to land in Charters Towers as part of Exercise Talisman Sabre... Read More


Burnt fingers, cold feet: Inside NRI reluctance to fund India's dollar dream

New Delhi, July 15 -- Domestic banks do not expect significant FCNR(B) deposit inflows from the US under the Reserve Bank of India's (RBI) latest incentive scheme, as many non-resident Indians (NRIs) ... Read More


Ghosted indices: mutual funds generally ignore niche themes of exchanges, consider them too risky

New Delhi, July 15 -- Ever heard of the Nifty Waves index? Or the Nifty Sugar and Ethanol index? Don't be surprised if you haven't. Not every index launched by a stock exchange ends up as a benchmark... Read More