A Complete Banking Guide... Bank of Baroda, Allahabad Bank, Andhra Bank, Bank of India, Bank of Maharashtra, Canara Bank, Central Bank of India, Dena Bank, ICICI Bank, IDBI Bank Limited, Indian Bank, Indian Overseas Bank,, Oriental Bank of Commerce, Punjab & Sind Bank, Punjab National Bank, State Bank of India, UCO Bank, UTI Bank Ltd., Union Bank of India, United Bank Of India, Vijaya Bank, Yes Bank, Mutual Funds, Income Tax
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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
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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
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6:10 PM
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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
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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.
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