Trump claims ‘24,000 noncitizens voted in 2020 election’, urges Congress to pass SAVE America Act

Hong Kong has launched the world’s first offshore Chinese government bond futures, providing global investors with a new tool to hedge interest rate risk and strengthening the international use of the yuan. The move forms part of Beijing’s broader efforts to deepen financial integration with Hong Kong and expand cross-border investment.

The Sensex ended 114 points, or 0.15%, higher at 78,079.96, while the Nifty ended at 24,395.85, down 40 points, or 0.16%. The Nifty Midcap 100 index rose by 0.15%, while the Smallcap 100 index inched up by 0.27%.

HDB Financial Services reported a strong June quarter with profit rising 38% year-on-year. Net interest income increased 20%, and assets under management grew 11%. Experts maintained Neutral ratings, citing steady performance and improved asset quality. Net interest margins expanded, supported by better portfolio yields. The company expects loan growth acceleration aided by strategic initiatives.