Use local languages in banks: Sitharaman

MUMBAI: FM Nirmala Sitharaman on Thursday urged banks to ensure that customers can get service in branches while speaking in the local language and called upon lenders to tweak HR policies to give weightage to local language proficiency during appraisals.She asked banks to restore the human connect in customer service, insisting that technology must complement,…

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India services sector loses steam: Growth moderates amid rains, competition; HSBC PMI shows softest rise in 5 months

File photo (Picture credit: ANI) India’s services sector saw its slowest pace of growth in five months during October, as competitive market pressures and heavy rainfall in some regions weighed on business activity.According to the monthly HSBC India Services PMI Business Activity Index, compiled by S&P Global, the seasonally adjusted reading fell to 58.9 in…

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FM asks banks to ensure staff speak local language

MUMBAI: Finance Minister Nirmala Sitharaman has urged banks to ensure that customers are able to get their work done in branches speaking in the local language. She also called upon banks to tweak HR policies to give weightage to local language proficiency during appraisals. She asked banks to restore the human connect in customer service,…

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US market today: Wall Street slides as tech stocks drag indices lower; shutdown clouds data outlook and Fed path

US stocks fell sharply on Thursday as investors digested another round of earnings reports while the prolonged government shutdown continued to block key economic data releases.The S&P 500 fell 1%, the Dow Jones Industrial Average dropped 449 points, or 1%, and the Nasdaq composite lost 1.6% by late morning trade. Technology majors led the declines,…

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After win, brandwagon ride for Women in Blue?

Harmanpreet Kaur lifts the trophy after India’s victory in the ICC Women’s Cricket World Cup India 2025 Final match between India and South Africa at Dr. DY Patil Sports Academy on November 02, 2025 in Navi Mumbai, India. (Photo/Getty Images) MUMBAI: Women’s cricket in India is having its moment, and brands are starting to take…

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Deal watch: TVS Motor sells Rapido stake for Rs 288 cr; marks full exit from 2022 partnership

TVS Motor Company on Thursday said it has entered into agreements to divest its stake in bike-taxi aggregator Rapido for Rs 287.93 crore, marking a monetisation of its earlier investment in the Bengaluru-based mobility platform, PTI reported.In an exchange filing, the two- and three-wheeler maker said it has signed agreements with Accel India VIII (Mauritius)…

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