‘Legal issues make reverse mortgage unsuitable’
HDFC Bank’s CEO, Sashidhar Jagdishan, expressed reservations about reverse mortgage loans in India, citing legal and operational challenges. He highlighted ongoing tech upgrades, including a ...
SBI’s Q1 net rises 10% to Rs 21k cr on strong treasury, forex gains
State Bank of India’s Q1 FY26 consolidated profit rose 9.7% to Rs 21,201 crore, fueled by strong treasury and forex income. While advances grew 11.6%, ...
‘Treat independent directors as stewards of accountability’
SEBI Chairman Tuhin Kanta Pandey urged company boards to treat independent directors as “stewards of accountability,” not honorary figures. He emphasized the need for diverse ...
US tariffs: Shoemakers take measured steps
India’s non-leather footwear industry in Tamil Nadu, a hub for global brands, faces a potential crisis due to a looming 50% US tariff. Brands like ...
US duty bump jolts JLR, dents Tata Motors profit in Q1
Jaguar Land Rover’s profitability was significantly impacted by tariffs imposed by the US, leading to a 30% drop in Tata Motors’ overall profit. Anticipated new ...
Trade forecast: WTO sees 0.9% growth in 2025; Asia to lead as North America lags
Global merchandise trade is projected to grow by 0.9% in 2025, spurred by a surge in US imports anticipating tariff hikes, the WTO reports. However, ...
Fixing the fleet: Air India taps Singapore Airlines for best practices, retrofitting of legacy aircraft picks up after Ahmedabad crash
Air India partners with Singapore Airlines to enhance aircraft reliability. The airline will retrofit its wide-body and narrow-body fleets. The first upgraded Boeing 787-8 is ...
Currency watch: Rupee ends flat at 87.58 as dollar weakens, FIIs turned net buyers amid looming US tariff deadline
The rupee ended flat at 87.58 against the US dollar on Friday, supported by foreign fund inflows and a weaker greenback, despite trade tensions with ...
Tariff war: US average duty hits 20.1%, highest since 1910s; WTO & IMF warn of global trade rollback
The US average tariff rate has surged to 20.1%, marking its highest sustained level since the 1910s, driven by President Trump’s pursuit of “reciprocal” trade. ...
Tariff war: US average duty hits 20.1%, highest since 1910s; WTO & IMF warn of global trade rollback
The US average tariff rate has surged to 20.1%, marking its highest sustained level since the 1910s, driven by President Trump’s pursuit of “reciprocal” trade. ...
