Axis Bank and Bandhan Bank announce finance chief exits

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…

India’s industrial output growth remains unchanged at 4% in September

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…

Sensex up 3,000 pts this week, Nifty tops 23,300: Why are markets rising?

The rally in the market comes at a time when trade tensions are escalating and more is expected when the reciprocal tariffs kick in on April 2.   Indian benchmark indices rebounded this week with analysts suggesting that the “worst is over,” driven by foreign institutional investors returning to Indian stocks amid attractive valuations and…