Day: August 5, 2026

HDFC Bank assured shareholders about its strong governance credentials. No US lawsuits have been filed against the bank following investigations. The bank’s leadership stated they are well-positioned to defend any potential legal action. HDFC Bank is fundamentally strong with a pristine balance sheet. The integration with HDFC Limited is unlocking meaningful synergies for future growth.

Financial regulators are exploring adding insurance surety bond exposures to a central credit database. This move aims to provide banks and rating agencies a clearer view of corporate leverage. Currently, these contingent liabilities often escape regulatory reporting requirements. Many government departments now accept these bonds instead of traditional bank guarantees. Expanding the database will strengthen…

The Reserve Bank of India will not close the swap window early. Robust foreign currency inflows have strengthened India’s balance of payments position. The central bank has not received any proposals for extending the deadline. This facility allows banks to swap overseas borrowings at concessional rates. The swap window has already attracted significant dollar inflows…

The Reserve Bank of India will absorb surplus liquidity from a special forex swap facility. This absorption will occur through higher currency in circulation and maturing forward positions. Banking system liquidity is expected to peak in September due to FCNR(B) deposit inflows. Economists anticipate a surplus of around ₹4-5 lakh crore in the banking system….

India’s Solar Energy Corporation is seeking carbon dioxide suppliers for green urea and methanol. This initiative aims to identify potential sources for upcoming green chemical projects. Green methanol and urea production requires carbon dioxide and green hydrogen. Securing reliable carbon dioxide supplies is critical for domestic production and exports. The move supports India’s green hydrogen…

Central bank governor Sanjay Malhotra stated it is premature to discuss UPI transaction charges. Discussions are ongoing regarding the payment mechanism’s future and costs. The government is reportedly amending laws to allow merchant discount rates on select UPI transactions. This move follows Finance Minister Nirmala Sitharaman’s introduction of a new bill. The central bank’s current…

20 LEO satellites at higher collision risk due to crowding: Space min Jitendra Singh

Dow Jones| Nasdaq | US Stock Market Today | Live: Dow closes at record high as Trump signals Hormuz deal; SpaceX, AMD weigh on Nasdaq

Navigation sat NVS-03 ready for launch, 3 more to follow: Space min Jitendra Singh

ETSY-LAYOFFS/:Etsy lays off 12% of worker as part of restructuring plan