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…

US-China tariff: Trump says China to supply rare earths upfront under new trade deal

China will supply rare earths and magnets upfront to the U.S. under a new trade deal announced by President Donald Trump. The agreement, still pending final approval, also includes U.S. concessions like easing restrictions on Chinese students.   The agreement was reached after two days of rigorous discussions and expands on the agreement made during…