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MUMBAI: HDFC Bank chief Anup Bagchi will be India’s highest-paid bank CEO when he takes charge at the end of October, with an annual compensation of about $3.7 million, regulatory disclosures showed.
Pakistan and Bahrain have agreed to strengthen the institutional framework of their bilateral relationship by operationalising joint working groups, Foreign Minister Ishaq Dar said on Thursday.
STOCKHOLM: Canadian poet and writer Anne Carson won the 2026 Nobel Prize in Literature “for her bold and inventive oeuvre that, in playful dialogue with the classical tradition, has created new…
KUALA LUMPUR: Malaysian palm oil futures climbed more than 3% on Thursday, recovering from two straight sessions of losses, as robust demand from top buyer India outweighed concerns over rising…
MUMBAI: India’s first rate hike in four years is unlikely to slow or reverse record high capital outflows, leaving the central bank battling the vicious cycle of a weakening currency and higher…
Gold prices in Pakistan increased on Thursday in line with their gain in the international market. In the local market, gold price per tola reached Rs435,036 after a gain of Rs600 during the day.
The government on Thursday said that the World Bank’s finding that the country accounts for nearly half of the extreme poor in its newly defined Middle East, North Africa, Afghanistan and Pakistan…
European shares fell on Thursday as banks slid to a more than three-month low, while a fresh bond selloff and elevated oil prices stoked fears that higher inflation could hurt economic growth.
Amid the growing popularity of electric vehicles (EVs), Pakistan expects to reach its EV adoption target ahead of schedule as consumers increasingly switch from petrol- or diesel-powered cars.
TOKYO: Japanese shares fell roughly 1% on Thursday , down for a second consecutive session, as investors paused after recent rallies, wary of the US rate outlook and geopolitical tensions.
Dalian iron ore prices touched a 15-month low on Thursday, the first working day after a week-long holiday break in top consumer China, weighed down by concerns over demand prospects amid weak steel…
BANGKOK: The Thai baht was steady against the US dollar on Thursday. At 0214 GMT, the baht was 0.08% higher at 33.60 versus the dollar, after trading in a range of 33.610 to 33.660.
KUALA LUMPUR: Malaysian palm oil futures rosenearly 2% on Thursday, after two consecutive losses, as expectations of increased Indian purchases, stronger crude oil prices, and firmer rival Dalian…
SINGAPORE: Chicago soybeans and corn firmed on Thursday, recouping some of the previous session’s losses as higher oil prices and positioning ahead of a monthly agricultural supply-demand report…
SHANGHAI: China’s onshore yuan was steady on Thursday as mainland markets reopened after a week-long holiday during which the Chinese currency strengthened offshore despite a strong dollar.
MUMBAI: The Reserve Bank of India likely sold dollars near the market open on Thursday to support the rupee, four traders said, with the currency within striking distance of its all-time low.
TOKYO: The Bank of Japan on Thursday raised its economic assessment for two of the country’s nine regions and said robust AI-related demand was underpinning output.
MUMBAI: The Indian rupee’s drop after a Reserve Bank of India rate hike and stance change on Wednesday that some economists said was hawkish has left the currency vulnerable to further losses, with…
Indian shares were likely to open slightly lower on Thursday , extending losses from the previous session after the central bank delivered a hawkish rate hike, while rising oil prices added to…
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