Wall Street buoyed by strong economic data, possible US-China trade talks

The U.S. economy added 177,000 jobs in April, exceeding expectations, while the unemployment rate held steady at 4.2%. The data helped to assuage concerns of a economic slowdown following a Commerce Department report, showing a contraction in U.S. gross domestic product for the first time in three years, weighed down by a tariff-induced flood of […]

IndusInd Bank brings Cyril Mangaldas for legal heft

This team would review and scrutinise external communications, including notices and reports from regulators, stock exchanges, and other stakeholders. It is also advising the bank on potential legal implications stemming from the audit reports submitted, sources said.

Poonam Gupta takes charge as RBI deputy governor, to be part of MPC

Poonam Gupta has assumed her role as the new deputy governor at the Reserve Bank of India, joining the Monetary Policy Committee. With extensive experience at the World Bank and IMF, she will oversee key departments and contribute to monetary policy decisions. Gupta’s expertise is crucial amidst global economic challenges and fluctuating inflation rates.