Business -

CEO’s exit to end uncertainty at HDFC

TazaPulseAugust 31, 2026

Jagdishan’s exit removes leadership uncertainty at HDFC Bank, giving board clear runway for transition and global growth plan. MUMBAI: Sashidhar Jagdishan’s decision to step down as HDFC Bank’s MD & CEO is set to remove a layer of uncertainty around the leadership of the country’s second-largest bank, giving the board and the incoming chief executive...

India’s economy set for 7-7.2% growth in FY27 despite global headwinds: EY

TazaPulseAugust 30, 2026

India’s economy set for 7-7.2% growth in FY27 despite global headwinds India’s economic engine is expected to stay firmly on track in FY27, with real GDP growth projected at 7-7.2%. The growth comes on the back of strong domestic demand and continued government spending on capital projects supporting economic activity, EY said in a recent...

FPIs continue to buy: Foreign investors pump over Rs 30,900 crore into Indian equities in August

TazaPulseAugust 30, 2026

Foreign investors pump over Rs 30,900 crore into Indian equities in August Foreign investors returned to Indian equities in August with a stronger buying pace, putting Rs 30,919 crore into the market and extending their net purchases for the second month. The latest inflow came after Rs 20,200 crore was invested in July, offering a...

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How Walmart, Home Depot, Target are using Trump tariff refunds

TazaPulseAugust 30, 2026

A Target store in Los Angeles, California, Aug. 19, 2026. Justin Sullivan | Getty Images Tariff refunds have muddied retailers’ earnings reports in recent weeks as Wall Street struggles to parse through the confusion. Most major retailers applied for refunds after the Supreme Court ruled in February that the International Emergency Economic Powers Act did...

India reaches fiscal deficit target for 2025-26, credit ratings improving: FM Sitharaman in US

TazaPulseAugust 30, 2026

FM Nirmala Sitharaman in Chicago India has met its fiscal deficit target for 2025-26, Union finance minister Nirmala Sitharaman said on Sunday, asserting that the government has stayed on its planned path of fiscal discipline.“We have given ourselves a fiscal discipline path on the fiscal deficit as well. We have fulfilled the trajectory. The last...

Shopping with AI: Consumers ask artificial intelligence for advice but less than half trust it

TazaPulseAugust 30, 2026

Consumers ask artificial intelligence for advice but less than half trust it Traditionally, shopping advice came from friends, parents, relatives and even online reviews. Now, consumers have found an unlikely shopping companion — artificial intelligence, though it is yet to earn the same level of trust.Generative AI and other digital tools are increasingly becoming part...

US-Venezuela energy pact: What we know about Trump’s ‘biggest oil deal in world history’

TazaPulseAugust 30, 2026

US President Donald Trump has put Venezuela’s vast oil reserves at the centre of what he calls “the biggest oil deal in world history.” Venezuela’s interim President Delcy Rodriguez stated that the energy pact with the US will last 25 years and aims to revive the country’s struggling oil industry.Trump said the deal was negotiated...

Union, Canara Bank to appeal NCLT’s Chandra order

TazaPulseAugust 30, 2026

Canara Bank, Union Bank challenge NCLT’s approval of Subhash Chandra’s repayment plan offering creditors just 0.03% recovery. MUMBAI: Canara Bank and Union Bank of India are challenging NCLT’s approval of Zee group founder Subhash Chandra’s repayment plan, under which creditors would recover 0.03% of their admitted claims relating to his liabilities as a personal guarantor,...

Hdfc Bank: Passed over in 2020, Bharucha likely to succeed Jagadishan

TazaPulseAugust 30, 2026

Next HDFC Bank CEO Will Be In By Oct: Sources MUMBAI: Sashidhar Jagdishan’s decision not to seek another term has brought Kaizad Bharucha, an HDFC Bank old guard and an earlier contender for the top job, into focus as a possible successor.Sources said a successor will be in place before Jagdishan steps down in Oct,...

hdfc bank managing director and chief executive sashidhar jagdishan

Months after HDFC Bank chair quit, CEO says won’t stay beyond Oct

TazaPulseAugust 30, 2026

HDFC Bank CEO Sashidhar Jagdishan decides not to seek third term, will retire on Oct 26; board to fast-track successor selection. MUMBAI: HDFC Bank MD & CEO Sashidhar Jagdishan, chief of the country’s largest private lender, has decided not to seek a third term and will retire on Oct 26, bringing an unexpected end to...