Input costs on fire amid Hormuz closure, CPI inflation faces upward pressure: Report

IANS | May 27, 2026 12:39 PM

New Delhi, May 27 (IANS) With input costs expected to remain elevated this year, even after the Strait of Hormuz reopens, manufacturers will continue to face higher costs, a Crisil report said on Wednesday, adding that in the domestic market, with demand holding up so far, there is room to pass on the costs to consumers and support margins.

HDFC Bank shares fall over 2 pc amid allegead payment irregularities

IANS | May 27, 2026 12:07 PM

New Delhi, May 27 (IANS) Shares of India's largest private lender HDFC Bank fell more than 2 per cent during early trade on Wednesday following a report alleging irregular payment practices and raising concerns around the bank’s internal governance processes.

Piyush Goyal bets big on Indian financial sector reforms, ease of doing biz

IANS | May 27, 2026 9:22 AM

Toronto/New Delhi, May 27 (IANS) Commerce and Industry Minister Piyush Goyal held extensive discussions with Canada's leading pension funds, sovereign and institutional investors, members of the Canada-India Business Council and other stakeholders, and pitched the India growth story to them.