Axis Bank’s CFO Puneet Sharma and Bandhan Bank’s CFO Rajeev Mantri both resigned within a day of each other, each citing career growth reasons. Sharma exits on 31 August after over six years at Axis, while Mantri will continue till 25 September. Two private-sector lenders saw their chief financial officers resign within a day of…
Manufacturing output expanded 4.8 per cent during September, while the electricity sector grew 3.1 per cent. In contrast, mining activity slipped 0.4 per cent during the period The Index of Industrial Production (IIP) growth stood at 4 per cent in September, unchanged from August, supported by growth in the manufacturing sector, according to data released…
The India VIX, which measures market volatility, spiked 65.7 percent to 22.79, the highest level since June 4, 2024, creating significant discomfort for bulls. Bears maintained their tight control over the market despite a recovery from the day’s low, driving the benchmark index, Nifty 50, down by over 3 percent on April 7. Selling…