Lalatendu Mishra

5 days ago | thehindu.com | Lalatendu Mishra

HDFC Bank Ltd., India’s largest private sector bank, for the fourth quarter reported 7% growth in standalone net profit at ₹17,616 crore following a 10.3% Year on Year (YoY) growth in Net Interest Income (NII) at ₹32,070 crore in the quarter. Profit after tax for the year ended March 31, 2025 was ₹67,350 crore, up by 10.7% YoY. The Board of Directors have recommended a dividend of ₹22 per equity share of ₹1 for the year ended March 31, 2025.

6 days ago | thehindu.com | Lalatendu Mishra

With the number of Indian tourists to Australia growing in high double digits, Australian authorities are in talks with Air India and IndiGo to offer more direct flights from India to Sydney, a top Australian official said. “The Western Sydney International Airport, located in Westen part of Sydney has done trial runs with the first runway. It will be operational towards end 2026.

1 week ago | thehindu.com | Lalatendu Mishra

The intensification of tariff wars and the rise of protectionist policies have the potential to disrupt global supply chains, increase production costs and create uncertainty in investment decisions across borders as well, Union Finance and Corporate Affairs Minister Nirmala Sitharaman said on Thursday.

1 week ago | thehindu.com | Lalatendu Mishra

Considering the rapid progress being made in areas such as artificial intelligence (AI) and quantum computing, securities market would undergo a change, said Securities & Exchange Board of India (SEBI) Chairman Tahin Kanta Pandey on Thursday.  “We need to be prepared both for the opportunity these technologies offer as well as the risks that may arise.

1 week ago | thehindu.com | Lalatendu Mishra

The escalating trade tensions between the U.S. and China have significantly disrupted global shipping operations with freight rates expected to surge by 30%, say analysts. “The imposition of steep tariffs—145% by the U.S. on Chinese imports and 125% by China in retaliation—has led to a substantial slowdown in cargo movement,” said Rohit Chaturvedi, Partner, Transport & Logistics, Forvis Mazars, an international professional firm with presence in more than 100 countries.