Bangladesh Foreign Secretary Asad Siam set to be new envoy to India

Gold prices held steady early Friday as markets assessed inflation risks. Renewed rate-hike expectations are pushing the non-yielding metal toward a weekly decline. U.S. military infrastructure in Gulf states faced attacks after U.S. strikes on Iran. Markets now price in a higher chance of a September rate hike. Other precious metals also saw slight movements…

HSBC Mutual Fund’s RedHex Hybrid Long-Short Fund has impressively reached a whopping Rs 1,000 crore in assets under management within just two months. This unique investment strategy has drawn in nearly 1,950 individual investor folios, providing an innovative blend of fixed income, equity arbitrage, REITs, and INVITs aimed at optimizing risk-adjusted returns. The fund’s rapid…

India’s ​Britannia ​Industries reported first-quarter ​profit below market expectations on Thursday, ‌as ⁠higher ⁠expenses linked ​to the Middle East ​conflict overshadowed stronger demand for ​its packaged ⁠foods.