Equity indices flat amid lacklustre trading, private lenders lose

The deepening conflict in West Asia has placed the Indian economy and the broader Asian region in the "eye of the storm," as supply chain disruptions and surging energy costs threaten to trigger a significant negative growth shock.

Indian stock markets settled in the red on Thursday as escalating tensions in West Asia and again a sharp rise in crude oil prices weighed on investor sentiment.

Accra [Ghana] / Mumbai (Maharashtra) [India], March 12: Dr. Rasha Kelej, CEO of Merck Foundation, has been recognized among the "100 Most Impactful Voices 2026" by ABCD Africa, a prestigious recognition celebrating influential women of African descent who are using their platforms to inspire change, amplify important social conversations, and drive meaningful impact across communities. The list features prominent women leaders and changemakers from 54 African countries and also includes the President of Tanzania. The list came out on the occasion of International Women's Day 2026.

Kuala Lumpur [Malaysia], March 12: As a strategic move to refresh and strengthen its core vision, Hong Leong Islamic Bank ("HLB Islamic" or the "Bank") is transitioning to a refreshed consumer-facing brand identity, now known as HLB Islamic, and a strengthened core proposition that approaches financial services not as a series of siloed products and transactions, but as total wealth stewardship through a Shariah-principle-guided life-cycle approach known as Hayat @ HLB Islamic. This evolution is rooted in the Bank's new philosophy, 'Timeless Principles Guiding Tomorrow's Wealth', introduced during its 20th anniversary last December to signal a new chapter in wealth stewardship.

India's non-bank financial companies (NBFCs) are expected to expand faster than traditional banks over the coming decade as lenders adopt artificial intelligence and expand into new loan segments, according to a research report by Nomura.