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HDFC Bank stock records biggest intraday jump since Dec. What sparked the rally?

HDFC Bank's stock surged by 2.63% to close at ₹1,454 apiece. The rally was attributed to the bank's focus on profitability and earnings per share growth over loan growth. This strong rally has also propelled the benchmark Nifty 50 to reach another record milestone of 22,215 points.

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Compensation disparity among PSBs and private banks has been a long-standing issue

After HDFC Bank, American Express, RBI cracks down on Mastercard

April FDI inflow to India up 38% to $6.24 billion; Karnataka top recipient

April FDI inflow to India up 38% to $6.24 billion; Karnataka top recipient BusinessToday.In © India Today Group April FDI inflow to India up 38% to $6.24 billion; Karnataka top recipient The total foreign direct investment (FDI) into India rose 38 per cent year-on-year (YoY) to $6.24 billion in April 2021, led by higher equity inflows. India had attracted total FDI of $4.53 billion in the corresponding month in the previous year. FDI equity inflow grew 60 per cent YoY to $4.44 billion during April 2021 from $2.77 billion a year ago. "Measures taken by the government on the fronts of Foreign Direct Investment (FDI) policy reforms, investment facilitation and ease of doing business have resulted in increased FDI inflows into the country," the commerce ministry said in a statement.

April FDI inflow to India up 38% to $6.24 billion; Karnataka top recipient

IBM-IISc launch research lab to advance hybrid cloud, AI technology adoption