India 300/5 in 85.0 Overs

India vs Sri Lanka Live Score, 2nd Test: Devdutt Padikkal emerged as India’s saviour on a testing opening day of the second and final Test against Sri Lanka, scoring a determined 117 to help the visitors reach 300 for five at stumps in Colombo on Sunday. The left-hander’s second century in as many Tests came…

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Shriram bullish on CV growth despite recent price hikes

Shriram Finance sees strong CV demand despite price hikes, while EV financing jumps fivefold to Rs 250 crore monthly MUMBAI: Price hikes in commercial vehicles are unlikely to dent demand, according to Shriram Finance (SFL), the largest financier of CVs, in the wake of commodity inflation-driven price hikes.SFL is also seeing a surge in electric…

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Syed Akbaruddin, Annie George Mathew, Janmejaya Kumar Sinha on RBI board

Centre appoints Annie George Mathew, Janmejaya Sinha and Syed Akbaruddin as part-time directors on RBI’s central board MUMBAI: The Centre has appointed former finance ministry special secretary Annie George Mathew, Boston Consulting Group India chairman Janmejaya Kumar Sinha and former diplomat Syed Akbaruddin as part-time, non-official directors on RBI’s central board for four years.The appointments…

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FPIs accelerate buying: Invest 23.5k crore in August

FPIs pour Rs 23,544 crore into Indian equities in August as earnings recovery and rupee stability boost investor sentiment NEW DELHI: Foreign Portfolio Investors (FPIs) have accelerated buying in Indian equities this month, infusing Rs 23,544 crore so far as improving quarterly earnings, a stable rupee and better market prospects lift sentiment.The inflow comes after…

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Weakness in currency can create negative loop: HSBC

HSBC India CEO Hitendra Dave says the bank is doubling down on affluent banking, while eyeing growth in wealth management, digital services and cross-border offerings MUMBAI: HSBC has been in India since 1853 and has maintained the most consistent retail presence among global banks. Its Indian operations have doubled pre-tax profits in four years, making…

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India eyes enhancing trade pact with Chile

India steps up Latin America outreach, with Chile trade pact talks and engagements with Argentina, Brazil NEW DELHI: Amid the global turbulence, govt is stepping up its engagement with Latin America, seeking to diversify its trade basket with talks with Chile scheduled for later this week to finalise a comprehensive trade treaty.Commerce secretary Rajesh Agrawal…

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