HDFC Bank shares fall over 5% as part-time chair of India’s largest private bank resigns over ‘ethics’

HDFC Bank shares fall over 5% as part-time chair of India’s largest private bank resigns over ‘ethics’

A man walks past a HDFC Bank stall at the Global Fintech Fest in Mumbai, India, 06 September, 2023. Nurphoto | Nurphoto | Getty Images Shares of India’s HDFC Bank closed 5.11% lower on Thursday after Atanu Chakraborty, its part‑time chairman, resigned after flagging governance and ethical concerns within the institution. During an investor call…

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Gold and silver sell off as inflation fears grip global markets

Gold and silver sell off as inflation fears grip global markets

Gold and silver joined a broad sell-off on Thursday, with the metals shedding around 5% and 10%, respectively, as fears about the Iran war and inflation gripped global markets. Spot gold slid more than 3% to $4,654.29 an ounce. Front-month gold futures were down almost 5% at about $4,653.20. Stock Chart IconStock chart icon Gold…

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Jensen Huang doesn’t need a new chip. He needs a new moat.

Jensen Huang doesn’t need a new chip. He needs a new moat.

Nvidia dominated the first era of AI — CEO Jensen Huang is making sure it owns the next one. He’s turning Nvidia from a chipmaker that’s helping to drive a market cycle into the operating system for the future of artificial intelligence. The shift has mostly gone unnoticed and hasn’t yet been priced in by…

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Neither US nor Israel will be able to replace Iranian regime: former US general

Neither US nor Israel will be able to replace Iranian regime: former US general

NEWYou can now listen to Fox News articles! A retired U.S. general predicted that “neither Israel nor the U.S. will fully succeed in replacing the Iranian regime.”  Former Lt. Gen. Mark Schwartz was quoted by the Israel Hayom newspaper as making the remark. The joint U.S. and Israeli missions against Iran, named Operation Epic Fury…

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MIDDLE EAST LIVE 19 March: Civilians bear the brunt as strikes and displacement rise

MIDDLE EAST LIVE 19 March: Civilians bear the brunt as strikes and displacement rise

👉 Visit the Official SleepLean Website The crisis in the Middle East continues, with ongoing strikes and rising humanitarian needs. The UN nuclear watchdog reported Wednesday that a projectile struck the site of Iran’s Bushehr nuclear power plant, although no casualties have been reported. In Lebanon, the humanitarian situation is worsening, with hundreds reported killed…

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UN mourns constitutional lawyer-turned top crisis diplomat, Nicholas Haysom

UN mourns constitutional lawyer-turned top crisis diplomat, Nicholas Haysom

The distinguished lawyer and diplomat from South Africa was appointed in January 2021 and had a long international career with a focus on democratic governance, constitutional and electoral reforms, reconciliation and supporting peace processes. He was also the Chief Legal Adviser throughout Nelson Mandela’s groundbreaking presidency until 1999. Mr. Haysom had previously served as the…

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Humanitarian needs in Gaza deepen as aid access remains constrained

Humanitarian needs in Gaza deepen as aid access remains constrained

“Families face ongoing hardship” as access to essential aid remains limited and many continue living in overcrowded shelters and damaged homes, UNRWA outlined.  Stocks of tents, bedding items and other essential supplies are depleting rapidly, with some humanitarians buying what they can from local markets – clothing, bedding, basic kitchen items – according to the…

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Is the pain of the K-shape economy bleeding into the middle class? – National

Is the pain of the K-shape economy bleeding into the middle class? – National

Canada’s middle class appears to be struggling with the higher cost of living, with new data showing more are taking on debt as financial pain bleeds out into broader sections of the economy. It comes as the so-called “K-shape” economy continues to underscore a widening wealth divide between Canada’s highest and lowest income groups, with…

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Son of Norway’s crown princess should get more than 7 years: prosecutors – National

Son of Norway’s crown princess should get more than 7 years: prosecutors – National

Prosecutors in the trial of Marius Borg Høiby, the son of Norway’s crown princess, have requested a prison sentence of seven years and seven months for offences including rape and sexual assault. On Wednesday, the prosecution said it believes that Høiby was guilty of 39 of the 40 offences with which he was charged, the…

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Electronics price hike due to global memory chip shortage ‘May just be the new normal’

Electronics price hike due to global memory chip shortage ‘May just be the new normal’

Tech experts are warning that a global memory chip shortage driven by technology giants is causing prices to soar for many consumer electronic products. “All these AI data centres that are powering all these AI tools, they need huge amounts of RAM and they are basically gobbling it up right now,” said Mike Agerbo from…

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