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2025-06-25 04:10:23| The Economic Times

HDB Financial Services, backed by HDFC Bank, is launching its IPO on Wednesday, aiming to raise Rs 12,500 crore. The IPO, priced between Rs 700 and Rs 740, includes a fresh issue and an offer for sale by HDFC Bank. Brokerage houses recommend subscribing, citing strong financials, asset quality, and growth potential, with listing expected in early July.

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2025-06-25 03:07:54| The Economic Times

Asian stocks showed caution as the Israel-Iran truce held and Fed Chair Powell offered balanced rate cut views. Middle East tensions eased, and Powell's flexible tone boosted equities. While the Fed remains patient, lower inflation could prompt earlier rate cuts, with markets pricing in two cuts by the end of 2025. Trump's stance on Iranian oil also surprised markets.

Category: News and Media

2025-06-25 03:04:24| The Economic Times

Uttar Pradesh, Tamil Nadu, and Maharashtra led in cash transactions through currency chests in May. These states reflect high credit and deposit demand. Five states accounted for 40% of cash deposits and withdrawals. Digital payments are rising, yet cash demand persists. Income is a key driver of currency demand in India.

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25.06 RBI's VRRR move temporary, not a trend shift: Abhishek Bisen 25.06 Wednesday Watch 25.06 Chakri Lokapriya backs banks as top pick amid favorable valuations 25.06 I paid 15,000 for arranging IVF then the service went bust 25.06 Trump cries fake news as US intel findings challenge his bunker-buster claim 25.06 Fund Manager Talk | How DSP's 70:30 formula turned Rs 10,000 into Rs 6 lakh in 25 years 25.06 Kazakhstan positions itself as reform-oriented investment destination with focus on mining & logistics 25.06 Positive Breakout: These 8 stocks cross above their 200 DMAs More »