Trump’s relief to markets, HDFC Bank examines complaints & microdramas hook Indians
Trump’s relief to markets, HDFC Bank examines complaints & microdramas hook Indians
Donald Trump’s announcement of productive talks with Iran brings a much-needed, even if fragile break to war triggered upheavals in the economy.
At the same time, the effects of war become more visible across sectors, from steel to real estate.
Moneycontrol Eco Pulse Index shows India’s economy was humming along before the war struck.
We unpack the impact of the crisis so far and what happens if it drags on.
HDFC Bank is currently navigating a leadership transition following the resignation of Chairman Atanu Chakraborty, who cited differences related to personal values, ethics, and certain internal practices. In a related development, the bank has terminated three senior executives in connection with lapses identified at its Dubai branch. The Reserve Bank of India has since clarified that there are no material concerns regarding the bank's conduct, governance, or financial position. Keki Mistry has been appointed as the interim non-executive chairman for a period of three months to ensure continuity during this phase.
Stock on radar