Friday, August 14
US President Donald Trump on Friday gave a key role in post-war Gaza to former British prime minister Tony Blair and appointed a US officer to lead a nascent security force.Trump named members of a board to help supervise Gaza that was dominated by Americans, as he promotes a controversial vision of economic development in a territory that lies in rubble after two-plus years of relentless Israeli bombardment.The step came after a Palestinian committee of technocrats meant to govern Gaza held its first meeting in Cairo which was attended by Jared Kushner, Trump's son-in-law who plays a key role on the Middle East.Trump has already declared himself the chair of a "Board of Peace" and on Friday announced its full membership that will include Blair as well as senior Americans -- Kushner, Secre
India's largest private lender HDFC Bank on Saturday reported an 11% jump in its December quarter standalone net profit at Rs 18,654 crore compared to Rs 16,735 crore reported in the year ago period. It was above Street's estimates of Rs 18,473 crore.The profit after tax (PAT) remained flat versus Rs 18,641 crore in Q2FY26.The bank earned Rs 76,751.16 crore in interest income which was up 1% YoY compared to Rs 76,007 crore while it paid Rs 44,136 crore in the quarter under review, down nearly 3% from Rs 45,353 crore posted in the corresponding quarter of the last financial year.HDFC Bank's net interest income (NII) for the quarter ended December 31,2025 grew by 6.4% to Rs 32,620 crore from Rs 30,650 crore for the quarter ended December 31, 2024. Core net interest margin was at 3.35% on tot
Maruti Suzuki India Limited will invest Rs 35,000 crore towards development of a new plant in Khoraj of Gujarat, aiming to produce a total of 10 lakh cars per year. The new auto plant will provide employment opportunities to about 12,000 people.Maruti Suzuki's Gujarat plant will be set up on 1,750 acres of land provided by Gujarat Industrial Development Corporation (GIDC).Maruti Suzuki MD Shriyut Hitachi Takeuchi handed over the invetsment letter to Chief Minister Bhupendra Patel during a ceremony held between the state government and the automaker in Gandhinagar. Deputy Chief Minister Harsh Sanghvi and Maruti Suzuki Whole Time Director and Executive Committee Member Sunil Kakkar were also present on this occasion."Glad to witness the Investment Letter Handover by Maruti Suzuki India Limi
