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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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Banking Central | Mind the gap in pay among chiefs of public and private lenders

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

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

After HDFC Bank, American Express, RBI cracks down on Mastercard
businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.

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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.

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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 - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.

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

IBM-IISc launch research lab to advance hybrid cloud, AI technology adoption
origin-businesstoday.intoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from origin-businesstoday.intoday.in Daily Mail and Mail on Sunday newspapers.

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