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Friday, March 20, 2026
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Economy

‘Defies logic’: HDFC Bank chair’s abrupt resignation over ‘ethics’ rattles investors

His resignation letter alleged that practices within the bank were not in congruence with his personal values and ethics led to HDFC shares slumping to their lowest since June 2024.

Rupee in free fall, down 60 paise to new all-time low of 93.49 against US dollar

Mumbai, Mar 20 (PTI) The rupee crashed 60 paise to a fresh intra-day low of 93.49 against the US dollar on Friday as...

Uttarakhand GST scam: Officials float firms, make dealings with dubious company to unearth evasion

New Delhi, Mar 19 (PTI) In a one-of-its-kind search operation, the officials from the Uttarakhand GST investigation department floated multiple firms to establish...

HDFC Bank chairman quits; bank says ‘baffled’ as Chakraborty declines to detail ethics concerns

New Delhi/Mumbai, Mar 19 (PTI) HDFC Bank's non-executive chairman Atanu Chakraborty abruptly resigned, citing differences over "values and ethics" - a ground that the...

‘Sense of worry among exporters’: Govt approves Rs 497 cr ‘RELIEF’ scheme amid West Asia disruptions

New Delhi, Mar 19 (PTI) The government on Thursday rolled out the RELIEF (Resilience & Logistics Intervention for Export Facilitation) scheme with an...

Silver crashes Rs 17,800/kg, gold dives Rs 7,000 on global selloff

New Delhi, Mar 19 (PTI) Silver prices tanked Rs 17,800 to Rs 2.38 lakh per kilogram in the national capital on Thursday, while gold...

Stock market mayhem wipes out Rs 12.87 lakh cr from investors’ wealth

New Delhi, Mar 19 (PTI) Equity investors' wealth eroded by Rs 12.87 lakh crore on Thursday as stock markets went into a tailspin, with...

Why the US shouldn’t try to outsmart the oil market

Selling oil futures would be a desperate ploy, born of panic about rising US gasoline and diesel retail prices ahead of the midterm elections.

LPG bookings close to normal, but situation continues to be worrisome

New Delhi, Mar 19 (PTI) Bookings for domestic LPG refills are approaching pre-war normal levels, signalling a gradual return to normalcy, but concerns...

India’s LPG inflow from Gulf isn’t easing anytime soon. Logistical hurdles stand in the way

Alternative suppliers like US and South America offer limited relief as higher freight costs, longer transit times and low storage capacity keep India reliant on Gulf imports.

On Camera

CEC Gyanesh Kumar is a constitutional failure. Damage is not procedural, it is existential

Former CEC TN Seshan was feared, formidable & famously outspoken. He was never partisan. In contrast, Gyanesh Kumar has a cavalier disdain, even disrespect, toward the Opposition.

‘Defies logic’: HDFC Bank chair’s abrupt resignation over ‘ethics’ rattles investors

His resignation letter alleged that practices within the bank were not in congruence with his personal values and ethics led to HDFC shares slumping to their lowest since June 2024.

Tracked: How a sailor’s 35-minute workout on deck gave away exact location of French aircraft carrier

A fitness run logged on a Strava‑linked watch by a French sailor has revealed the movement of nuclear‑powered Charles de Gaulle in the Mediterranean

Peaceful power transfers followed uprisings in India’s neighbourhood. It’s a sign of mature democracies

Rating democracies is a tricky business. I am only using the simple metric of who in the Indian subcontinent has had the most peaceful, stable, normal political transitions and continuity.