Giri world

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/rZgXJpB >

August marked a milestone for Russia as it imported record levels of oil products, with Indian exports accounting for nearly seventy percent. The gasoline supplied by India was produced from Russian crude at a shared refinery. While India remains the second-largest importer of crude oil from Russia, its overall imports have seen a decline compared to recent months, with China still leading the ranks. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/xZOAejt >

At the latest summit, BRICS leaders unanimously endorsed the New Delhi Declaration, marking a significant step toward a resilient strategic partnership. This declaration focuses on fostering cooperation in emerging technologies and strengthening digital infrastructure. Additionally, it aims to bolster the New Development Bank and enhance supply chain resilience, all while underscoring the leaders' commitment to solidarity and mutual respect. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/o0mqCwI >

HDFC Bank has presented two candidates to the RBI for the upcoming role of managing director and CEO. The board has also sanctioned the promotion of Jimmy Tata to executive director while seeking an extension for V Srinivasa Rangan. This move will elevate the count of whole-time directors to four, enhancing oversight across its subsidiaries. Final approval for these transitions now lies with the Reserve Bank of India. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/fCGmtdv >

Sebi has put forth new proposals aimed at modifying the Closing Auction Session timings and derivatives pricing. Following the recent launch of the session, traders have noted an uptick in market volatility. The regulator is evaluating two potential options for determining derivative settlement prices, suggesting a shift in market timings to include a transition break and longer trading intervals. Feedback on these proposals is requested by October 3. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/8ECwBKM >

As Forex Reserves Swell To All-Time High Of $786Bn, RBI Announces Sale Of 1L Cr Bonds from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/VQJhL0z >