- Meet Anup Bagchi, HDFC Bank's new MD & CEO - ICICI veteran to take charge from October 27 October 1, 2026HDFC Bank appointed Anup Bagchi as Managing Director and CEO, effective October 27. Bagchi, with extensive experience in banking and financial services, serves as MD and CEO of ICICI Prudential Life Insurance and has held senior roles across the ICICI Group.
- Setback for Vedanta as Orissa HC rejects old bauxite supply pact October 1, 2026The ruling could sharply raise the cost of bauxite for Vedanta’s aluminium business, putting pressure on a key cost advantage for one of India’s largest producers of the metal.
- RBI approves ICICI veteran Anup Bagchi as new HDFC Bank CEO October 1, 2026RBI’s decision ends speculation over who will lead HDFC Bank, which has been mired in multiple controversies in recent months.
- Airtel Money targets $7 billion valuation, plans $703 million London IPO October 1, 2026London's stock market has shrunk over the past decade as companies have sought higher valuations elsewhere, prompting Britain to simplify listing rules in an effort to attract more issuers.
- Noel Tata faces fresh challenge as two Tata Trusts vice-chairmen question restructuring plan, governance process October 1, 2026Noel Tata faces fresh challenges in the Tata Sons boardroom battle as SDTT vice-chairmen Srinivasan and Singh allege he advanced a restructuring plan without trustee consultation. Srinivasan has also challenged Noel’s trustee status, 2024 reappointment and Tata Trusts’ influence over Tata Sons.
- Piyush Goyal meets EU Trade Commissioner, discusses progress on signing FTA October 1, 2026In a significant meeting, Commerce Minister Piyush Goyal engaged with European Trade Commissioner Maros Sefcovic to review the status of the India-EU Free Trade Agreement. Following discussions at the G20 Trade Ministers' gathering, they emphasized the anticipated signing of this agreement by year-end, which seeks to boost market access and diminish tra […]
- Need reforms for higher recoveries and speedier resolutions in IBC: IBBI Chair October 1, 2026Jayanti Prasad emphasized the need for reforms in India's debt resolution framework to improve realizations and safeguards. Justice Anupinder Singh Grewal suggested raising the financial threshold for insolvency case admissions to enhance efficiency. Prasad highlighted the regulator's aim to address delays and improper use of the Code.
- GST collections remain strong, but faster import growth needs watching: Tax experts October 1, 2026India's GST collections remained strong, rising to Rs 2.04 lakh crore in September, however experts express concern over the wide gap in tax revenue from imports and domestic transactions. They say that the divergence suggested that imports were contributing significantly to the overall growth in collections. The trend could warrant a reassessment of so […]
- Rupee sinks to two-month low amid FPI selling and rising US yields October 1, 2026On Thursday, the Indian rupee declined to a two-month low against the US dollar due to foreign portfolio outflows. Overseas investors sold off investments amid rising US bond yields and dollar demand. The rupee surpassed the 96-level twice in three days, indicating intense market pressure. Custodian banks continued purchasing dollars, which also pointed to o […]
- Kashi Ropeway trial runs begin: How 3.85-km aerial link could transform Varanasi travel October 1, 2026
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