Daily Republic News
- Business
- March 19, 2026
Fed, BoC Strike Hawkish Tones As Top Central Banks Convene In War’s Shadow
The U.S. Federal Reserve and Bank of Canada struck hawkish tones on Wednesday as the Iran war drove energy prices sharply higher and a pivotal week of global central bank meetings kicked into full swing.Having battled a commodities-led inflation spike after Russia’s full-scale in Read More
- Business
- March 19, 2026
Atanu Chakraborty Calls Resignation From HDFC Bank “Routine”
In his first response following his resignation, Atanu Chakraborty, former Non-Executive Chairman of HDFC Bank, described the development as a routine matter and declined to elaborate on the circumstances surrounding his exit.”That’s (resignation) on the exchange website. Nothing Read More
- Business
- March 19, 2026
HDFC Bank “Well-Capitalised” with Sound Governance, Says RBI; Approves Keki Mistry as Interim Chair
The Reserve Bank of India (RBI) on Thursday moved to calm investors by stating it has no material concerns regarding the governance or conduct of HDFC Bank. The regulatory intervention follows the resignation of the lender’s part-time chairman, Atanu Chakraborty, whose departure Read More
- Business
- March 19, 2026
Anil Ambani To Appear Before CBI in Delhi Today in Connection with ₹2,929 Crore Reliance Communications Loan Fraud Case
Industrialist Anil Ambani, Chairman of the Reliance Anil Dhirubhai Ambani Group, to arrive at the Central Bureau of Investigation (CBI) headquarters today for examination in a high-profile bank fraud case. The questioning pertains to an FIR registered following a complaint by the Read More
- Business
- March 19, 2026
Dalal Street Meltdown: Sensex Tanks 1,850 Pts as Banking Crisis and $111 Oil Trigger All-Sector Rout
The carnage on Dalal Street intensified by mid-morning on Thursday, as a leadership crisis at HDFC Bank evolved into a broad-based market rout. While banking remains the epicenter, high-growth sectors like IT and heavyweights like Larsen & Toubro (L&T) are facing massive sell-off Read More
- Business
- March 19, 2026
HDFC Bank Wipes Out ₹1 Lakh Cr Market Cap in 8% Slide; Dragging Bank Nifty Below Key Support Levels
India’s financial stocks faced a brutal sell-off on Thursday morning, with the Nifty Bank index plunging over 3% within the first hour of trade. The catalyst was the shock resignation of HDFC Bank’s part-time chairman, Atanu Chakraborty, who cited a fundamental mismatch between t Read More
- Business
- March 19, 2026
HDFC Bank Chairman Atanu Chakraborty Quits Over ‘Values And Ethics’; Keki Mistry Now Interim Head
The HDFC Bank said late on Wednesday that its part-time chairman, Atanu Chakraborty, had resigned citing differences with the lender over “values and ethics”, and appointed insider Keki Mistry as interim part-time chairman.U.S.-listed shares of HDFC Bank, India’s largest private- Read More
- Business
- March 19, 2026
Major Escalation In Iran War: Stocks Slump Amid Fear Of Stagflation Risks Due To Prolonged Middle East Conflict
Stocks slid and oil prices rose sharply on Thursday after major escalation in the U.S. and Israel’s war with Iran rattled investors, while the yen wobbled near the crucial 160 per dollar level as Japan’s central bank left interest rates unchanged.As widely expected, the Bank of J Read More
- Business
- March 19, 2026
Sharp 3% Spike In Oil Prices As Gulf Energy Facilities Suffers Damage In Fresh Iran War Escalation; Crude Trades Over $112/Barrel
Oil prices rose as much as 3% on Thursday after Iran attacked several energy facilities across the Middle East following a strike on its South Pars gas field, a major escalation in Tehran’s war with the U.S. and Israel.Brent futures were up $3.69, or 3.44%, to $111.07 by 0142 GMT Read More
- Business
- March 19, 2026
‘Job Gains Low, Unemployment Rate Little Changed’: US Fed Keeps Benchmark Rate Unchanged At 3.5%-3.75%
The US Federal Reserve has decided to keep its benchmark federal funds rate unchanged at 3.5%-3.75%.According to an official press release on Wednesday, the Fed said, “Available indicators suggest that economic activity has been expanding at a solid pace. Job gains have remained Read More
