6:10 PM
Blogger
The Indian rupee is unlikely to see a sharp fall soon, having already depreciated 4% this year and trading in a narrow band. Union Bank of India anticipates the rupee to remain range-bound between 88.80 and 89.50 through December, with potential strengthening contingent on equity inflows or progress on the India-US BTA.
7:10 AM
Blogger
The Reserve Bank of India has undertaken a massive overhaul, consolidating over seven decades of regulations into 244 master directions. This significant move eliminates 9,446 circulars, simplifying compliance for lenders and enhancing ease of doing business. The reform aims to clarify rules, including a new digital banking directive requiring explicit consent and transaction alerts.
11:10 PM
Blogger
The Reserve Bank has concluded a massive six-month overhaul, clearing out 5,673 outdated circulars and consolidating over 3,800 into 244 master directions. This significant regulatory streamlining, involving 9,446 circulars in total, aims to simplify compliance for businesses and reduce costs. The move, driven by a focus on ease of doing business, also introduces seven new directions for digital banking.
12:10 AM
Blogger
The European Central Bank's October meeting minutes indicate interest rates are currently appropriate, with potential for cuts in 2026. While inflation is near the 2% target, concerns about slowing wage growth and eurozone momentum prompt openness to future easing. The ECB remains vigilant about the economy's ability to sustain the target.
10:10 PM
Blogger
A unified portal is being developed by the finance ministry and RBI to help citizens easily find and claim unclaimed assets like bank deposits and shares. This initiative aims to streamline recoveries across the financial sector, with outreach efforts already returning over Rs 1,887 crore. The platform promises greater convenience and transparency for reclaiming rightful dues.
12:10 PM
Blogger
Top stock market recommendations: Nifty and Bank Nifty are showing strong upward momentum, hitting new highs. Experts recommend buying Samvardhana Motherson International, Adani Ports, and Max Financial Services. These stocks are poised for significant gains following recent breakouts and sustained support, indicating a positive outlook for investors.
12:10 AM
Blogger
The IMF has reclassified India's exchange rate regime to a "crawl-like arrangement," indicating increased flexibility after previously labeling it "stabilised." This shift follows a review and suggests the Reserve Bank of India, under Governor Sanjay Malhotra, is tolerating more rupee volatility. The move aims to help India absorb external shocks and reduce reserve accumulation.
9:10 AM
Blogger
Jefferies initiated coverage of LG Electronics India with a buy rating, citing its strong position in discretionary spending. JP Morgan maintained an overweight rating on Reliance Industries, increasing its target price due to attractive valuations and expected earnings growth.
8:10 PM
Blogger
Bitcoin's recent steep fall, marked by a $1 trillion market wipeout, is attributed to five key factors identified by Deutsche Bank. These include a broader risk-off sentiment mirroring tech stocks, hawkish Fed signals, stalled regulatory clarity, institutional pullback after liquidations, and long-term holders cashing in, creating a liquidity shock.
2:10 PM
Blogger
India's gold loan market is poised for significant expansion as non-bank lenders plan to open approximately 3,000 new branches. This surge is driven by increasing demand from borrowers seeking secured loans due to tighter microfinance lending and rising gold prices, boosting loan sizes for farmers and small traders.
8:10 PM
Blogger
Non-bank finance companies are projected to grow by 18% annually, reaching Rs 50 lakh crore in assets under management by FY27. Lenders are becoming more selective, particularly in unsecured MSME loans due to rising borrower leverage and visible repayment stress. Growth in personal loans and gold loans is expected to be strong, supported by consumption trends and market formalization.
5:10 PM
Blogger
The Indian rupee faced renewed pressure, nearing a record low of 90 against the US dollar due to portfolio outflows and trade deal doubts. While the rupee rebounded slightly on Monday following central bank intervention and dipping crude prices, key economic data releases this week will be closely watched.
4:10 PM
Blogger
Gold is poised for continued strength, acting as a safe haven against global turmoil. HSBC highlights robust demand from central banks and retail investors, driven by economic and geopolitical uncertainties. Despite a recent dip from record highs, the precious metal has stabilized, with expectations of further gains fueled by potential US Federal Reserve rate cuts and persistent inflation concerns.
12:10 PM
Blogger
Stock market recommendations: Market expert Sudeep Shah highlights Narayana Hrudayalaya and Indigo as top stock picks. While Nifty nears highs, broader markets show weakness, signaling caution. Bank Nifty, despite recent gains, faces short-term fatigue.
6:10 PM
Blogger
India's top companies saw a significant market capitalization boost last week, adding over Rs 1.28 lakh crore. Reliance Industries and Bharti Airtel led the gains, with Reliance retaining its position as the nation's most valued firm. While most major players experienced growth, Bajaj Finance, LIC, and ICICI Bank saw slight declines in their valuations.
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