Hours after the startling resignation of HDFC Bank Ltd.’s chairman, executives at India’s largest private lender hastily arranged a call to assure investors that all was well. Though the stock had tumbled the most in almost two years, management insisted there was nothing material in Atanu Chakraborty’s abrupt departure over “ethics.” Source link
(Bloomberg) — Stock-market volatility in India is staying elevated unlike in the rest of Asia, signaling deeper investor unease about the nation’s energy exposure, high valuations and renewed focus on corporate governance troubles. India’s volatility gauge remains near its March 9 peak, which was the highest since June 2024. Similar measures for Japan and South…
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AN INTERIM order by the Supreme Court of India staying the exhumation of tribal Christians’ bodies in Chhattisgarh has brought national attention to a fraught question: whether religious minorities in rural India can bury their dead with dignity in their own villages. The case, which follows earlier proceedings before the Chhattisgarh High Court, centres on…
India’s rupee weakened past 93 per dollar to a fresh low, as prospects of a prolonged Middle East conflict raise concerns over a widening current-account gap. Source link
India’s natural gas retailers are trying to expand their market share after the war in the Middle East caused crippling shortages of a commonly used rival cooking fuel. Source link
A deluge of weight‑loss drugs is set to transform the global fight against obesity as India prepares to unleash low‑cost generic versions of injections like Ozempic after a key patent expired Friday. The move will dramatically widen access to treatments that have long been considered a luxury, especially in middle-income countries, where soaring demand has…
Skip next section What do you need to know about India’s LPG shortage? 03/20/2026March 20, 2026 What do you need to know about India’s LPG shortage? Indian businesses and households continue to face a shortage of LPG, with many fearing the crisis will only get worse as tensions escalate in the Middle East. On Thursday…
India was a major buyer of Iranian crude, peaking at about 11.5% of its total purchase, before 2018 sanctions tightened. Source link
By allowing Iranian cargo currently on water – he put the figure at about 140 million barrels – to reach buyers, US hopes to ease supply tightness and temper prices, if only for 10 to 14 days. The move could also redirect flows away from China, forcing it to pay closer to market rates, while…
