HDFC sets wide deposit targets, flags uncertainty

MUMBAI: HDFC Bank’s chief has admitted that the bank has fallen short of its deposit mobilisation growth and has set a very wide range for credit-deposit targets for the current financial year and the next, highlighting the uncertain environment.“Having focused on granular segments has given us encouraging outcomes. We did, however, fall short of our…

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New CPI basket won’t include free food items

NEW DELHI: Free food items, such as wheat and rice made available through the public distribution system (PDS), to nearly 80 crore people will not be part of the new consumer price index (CPI) basket, as the 22-member technical advisory panel, tasked with updating the base year of price indices, has decided to stick to…

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VinFast set to expand, roll out 3 models

NEW DELHI: Vietnamese electric carmaker VinFast will roll out three new models in India in 2026 and expand its retail and service network as it scales up operations in the country, according to a senior official in the company .“We will begin with launching a seven-seater MPV… Beyond that, additional models will follow, each addressing…

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ETNOW kicks off Davos coverage

MUMBAI: Business news channel ET NOW will kick off its week-long coverage of World Economic Forum‘s annual meeting in Davos while keeping a close eye on the budget with ‘Budget Yatra’.‘Davos Diaries’ will feature interviews with global CEOs, policymakers, investors and thought leaders and capture the ideas shaping the global economic agenda.At home, for the…

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CII survey: Business sentiment high on stronger demand

NEW DELHI: Business sentiment in the economy is high, driven by stronger demand, better profitability expectations and steady investment conditions, according to a CII survey. Domestic demand has increased, with nearly two-thirds of 175 firms surveyed reporting higher demand for July to Sept 2025 and about 72% expecting further improvement in Oct-Dec 2025. More than…

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