HDFC Bank board finds 'business overreach', fines CEO and CFO Rs 1 lakh each

IANS | July 27, 2026 5:14 PM

Mumbai, July 27 (IANS) HDFC Bank on Monday said its board has issued warning letters and imposed a monetary penalty of Rs 1 lakh each on Managing Director and Chief Executive Officer Sashidhar Jagdishan, Chief Financial Officer Srinivasan Vaidyanathan and Group Head – Retail Assets Arvind Vohra following the conclusion of an internal review into the bank's deposit arrangements with the Maharashtra State Road Development Corporation (MSRDC).

Pakistan faces fresh EU scrutiny over GSP+ trade benefits

IANS | July 27, 2026 5:13 PM

New Delhi, July 27 (IANS) Pakistan is facing renewed pressure over its continued access to the European Union's Generalised Scheme of Preferences Plus (GSP+) trade benefits, with the latest monitoring report raising serious concerns over the country's human rights record, governance standards and implementation of international commitments, according to a report.

There is no delay in probe into Air India Boeing crash: Govt

IANS | July 27, 2026 5:12 PM

New Delhi, July 27 (IANS) The Ministry of Civil Aviation informed Parliament on Monday that there has been no delay in the investigation into the Air India Boeing Dreamliner crash at Ahmedabad airport and the inquiry “is progressing as per established procedures.”

E20 petrol delivers better acceleration, cleaner combustion with no evidence of engine damage: Govt tells Parliament

IANS | July 27, 2026 4:16 PM

New Delhi, July 27 (IANS) The government on Monday said E20 petrol offers better acceleration, improved ride quality and nearly 30 per cent lower carbon emissions than E10 fuel, while extensive studies and real-world data have found no evidence of ethanol-induced engine corrosion, abnormal wear or reduction in vehicle life, including in millions of legacy vehicles operating on higher ethanol blends.

Govt raises over Rs 26,639 crore via disinvestment, asset monetisation in FY27 so far

IANS | July 27, 2026 4:08 PM

New Delhi, July 27 (IANS) The government has realised an amount of Rs 26,639.33 crore during the current financial year (as on July 22), which includes Rs 20,272.40 crore from disinvestment through Offer for Sale (OFS) of Central Bank of India, Coal India Ltd, NHPC Limited, NLC India Limited, General Insurance Corporation of India, Indian Railway Finance Corporation Ltd and Cochin Shipyard Ltd, and another Rs 6,366.93 crore from asset monetisation, the Parliament was informed on Monday.

Intel beats Q2 estimates as AI demand drives 25 pc revenue growth: Report

IANS | July 27, 2026 3:47 PM

New Delhi, July 27 (IANS) Chipmaker Intel reported stronger-than-expected second-quarter results, with revenue rising 25 per cent year-on-year, driven by robust demand for artificial intelligence (AI)-powered computing, data centre processors and foundry services, a report has said.

Govt has taken concrete steps to ensure economic stability amid West Asia crisis: Minister

IANS | July 27, 2026 3:28 PM

New Delhi, July 27 (IANS) The government has undertaken a range of measures to ensure availability of critical industrial inputs including energy, ease input cost pressures, facilitate trade, support industrial activity and safeguard macroeconomic stability in the wake of supply chain disruptions due to the West Asia crisis, the Parliament was informed on Monday.