10:10 PM
Blogger
Gold and silver markets are experiencing a "super bull run" ahead of Diwali 2025, with prices surging over 47% and 52% respectively this year. Analysts predict continued growth, driven by global uncertainties, central bank policies, and strong festive demand, with gold potentially reaching Rs 1.22 lakh and silver Rs 1.50 lakh.
5:10 PM
Blogger
The Reserve Bank of India kept its policy interest rate unchanged at 5.5 per cent for the second consecutive meeting, despite significantly lowering inflation projections. While retaining flexibility for future reductions, the central bank expressed concerns over US tariff-related uncertainties impacting GDP growth. Low inflation and potential US Federal Reserve rate cuts could create space for future RBI rate cuts.
1:10 AM
Blogger
6:10 PM
Blogger
Gold prices fell on Friday, ending a five-day record rally. Profit booking and a US dollar recovery impacted sentiment. Silver prices also declined. Gold still shows weekly gains. Demand for safe-haven assets persists. US government shutdown worries and geopolitical tensions fuel this demand. Central bank purchases also support the uptrend.
5:10 PM
Blogger
The European Union is advancing a plan to use 210 billion euros in frozen Russian central bank assets for Ukraine's defense and rebuilding efforts. This legal workaround involves channeling funds through a Special Purpose Vehicle to provide a "Reparations Loan" to Kyiv, repayable only when Russia pays war reparations.
4:10 PM
Blogger
India is considering a Rs 20,000 crore risk guarantee fund to encourage private sector participation in infrastructure projects. Managed by NCGTC, this fund aims to share project risks, protect against policy changes, and boost bank lending. This initiative addresses the country's $4.51 trillion infrastructure requirement and seeks to reduce economic inefficiencies.
10:10 AM
Blogger
The State Bank of India forecasts inflation for FY26 and FY27 to be significantly lower than the Reserve Bank of India's estimates, citing a strong monsoon, higher crop sowing, and GST rate rationalization. This comes as RBI already lowered its FY26 CPI forecast and maintained policy rates.
6:10 AM
Blogger
12:10 PM
Blogger
RBI Governor Sanjay Malhotra warned that US tariffs pose risks to India's economic growth, potentially decelerating it from late 2025. Despite this, the economy remains resilient, bolstered by domestic factors and GST reforms. The central bank, however, kept the repo rate unchanged at 5.5%
8:10 AM
Blogger
Stock market recommendations: Mehul Kothari of Anand Rathi recommends buying HUDCO, IFCI, and City Union Bank today. HUDCO and IFCI are poised for uptrend continuation after retesting their 200 DEMA, offering attractive risk-reward. City Union Bank shows a breakout from consolidation with an inverse head & shoulder pattern, indicating further upside.
6:10 AM
Blogger
Tata Sons has missed the Reserve Bank of India's listing deadline, with its application to surrender its core investment company registration still awaiting a decision. The banking regulator has not yet responded to Tata Sons' March submission, creating uncertainty for the conglomerate. Lawyers indicate RBI could accept the request or extend compliance time.
9:10 PM
Blogger
Bank credit growth to industry slowed to 6.5% in August 2025, down from 9.7% last year, RBI data reveals. Overall non-food credit also moderated to 9.9%. While MSMEs and some major industries saw robust lending, agriculture, personal loans, and the services sector experienced significant deceleration. This indicates a broad-based cooling in credit expansion across key economic segments.
8:10 PM
Blogger
The Reserve Bank of India has constituted a new six-member Payments Regulatory Board (PRB) to supervise the nation's payment systems. Chaired by the RBI Governor, the PRB includes three central government nominees, a significant change from its predecessor, the BPSS. This board is mandated to meet at least twice annually for effective oversight.
9:10 AM
Blogger
October is set to be a significantly busy festive month, leading to numerous bank holidays across India for major celebrations like Durga Puja, Dussehra, and Diwali. Banks will remain closed on various dates for these festivities, including Mahatma Gandhi Jayanti and other regional occasions, in addition to the standard second and fourth Saturdays. This ensures widespread closures throughout the month.
8:10 AM
Blogger
Stock market recommendations: Nifty and Bank Nifty experienced significant declines last week, with Nifty falling due to US policy changes impacting IT and pharma sectors, signaling deepening bearish sentiment. Amidst this market weakness, SBI Securities recommends accumulating Larsen & Toubro and Ashok Leyland, citing strong technical breakouts and resilience for both stocks.
6:10 AM
Blogger
The RBI has ordered Bengaluru-based BNPL firm Simpl to immediately cease its payments operations for running a system without explicit central bank authorization. This action is part of the RBI's broader campaign to regulate digital credit, addressing concerns over unsecured lending and weak oversight. Simpl also faces Enforcement Directorate scrutiny for alleged FDI and foreign exchange violations.
12:10 AM
Blogger
The Department of Financial Services, with the Supreme Court's MCPC, recently conducted a 40-hour mediation training for DRT officers and public sector bank executives. Held in September, the programme highlighted alternative dispute resolution's growing importance in the financial sector. Participants learned mediation fundamentals, negotiation, and dispute resolution techniques under RDB and SARFAESI Acts, receiving widespread appreciation for the initiative.
RSS Feed
Twitter
