Mumbai, February 6: The Governor of the Reserve Bank of India, Sanjay Malhotra, announced on Friday that the central bank has proposed allowing commercial banks to extend loans to Real Estate Investment Trusts (REITs). However, this proposal is subject to prudent security measures. Malhotra stated that this initiative is being taken because a robust regulatory … Read more
Mumbai, February 6: The Governor of the Reserve Bank of India, Sanjay Malhotra, announced on Friday that the RBI will introduce new regulations to compensate customers for fraud in small-value transactions. The RBI Governor stated that the existing guidelines, which limit customer liability for unauthorized electronic banking transactions, were issued in 2017. These guidelines outline … Read more
New Delhi, February 6: The Reserve Bank of India’s Monetary Policy Committee is set to announce its decision on the key policy rate this Friday. Economists predict that the RBI will refrain from making any changes this month, following an interest rate cut in December 2025. However, all eyes will be on the bank’s future … Read more
Mumbai, February 6: The Indian stock market opened in the red on Friday due to a sell-off in global markets. At 9:18 AM, the Sensex was down by 78 points, standing at 83,235.55, while the Nifty fell by 56 points to 25,586. In early trading, buying was observed in sectors such as oil and gas, … Read more
Mumbai, February 5: Buyers of gold and silver have received good news as prices for these precious metals have seen a substantial decline. On Thursday, prices dropped by up to ₹28,000. According to the India Bullion and Jewellers Association (IBJA), the price of 24-carat gold has decreased by ₹4,123, now standing at ₹1,52,502 per 10 … Read more
New Delhi, February 5: The Indian stock market closed in the red on Thursday, following three consecutive days of gains. By the end of the trading session, the Sensex fell by 503.76 points, or 0.60%, to settle at 83,313.93. The Nifty also dropped by 133.20 points, or 0.52%, closing at 25,642.80. Defense stocks led the … Read more