Independent directors must act responsibly: Sebi chief

MUMBAI: Tuhin Kanta Pandey, chairman, Sebi on Monday said that independent directors are expected to act responsibly, not make insinuations and keep things vague. The chief markets regulator’s comments came in the context of the recent resignation of Atanu Chakraborty as non-executive chairman of HDFC Bank, the largest private sector lender in the country.The markets…

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Upside risk to prices as West Asia simmers: RBI

MUMBAI: Reserve Bank of India said the outlook for prices has shifted due to upside risks, even as data shows sustained resilience of the Indian economy, and warned that a prolonged war would be detrimental to the broader global outlook.According to the State of the Economy report, there was a “drastic deterioration” in the global…

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‘He is like a teacher’: Mayank Yadav reveals Bumrah’s role in injury comeback | Cricket News

Mayank Yadav and Jasprit Bumrah (Agency Image) Mayank Yadav has opened up about a major shift in his approach to fitness and recovery after battling multiple injuries, admitting that he previously neglected his body before a surgery forced him to rethink everything. The 23-year-old fast bowler, who represents Lucknow Super Giants, went through a difficult…

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Rupee Value: Rupee under pressure: INR breaches 94-per-dollar mark for the first time; geopolitical tensions, foreign outflows weigh heavily

The rupee breached the 94-per-dollar mark for the first time ever on Monday but recovered sharply to close flat at 93.53 against the US dollar, instead of ending at a fresh record closing low, amid geopolitical tensions in the Middle East, persistent foreign fund outflows and volatile crude oil prices.At the interbank foreign exchange market,…

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Us Stocks Rally: US stock market today: Wall Street jumps as Donald Trump delays Iran strikes; oil prices retreat

US stocks rallied sharply on Monday after President Donald Trump said the United States had held talks with Iran and would postpone planned strikes on Iranian power plants, triggering a relief rebound across global markets and a steep fall in oil prices.The Dow Jones Industrial Average rose 1,021.70 points, or 2.24 per cent, to 46,599.17,…

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