Image made with help of AI The Reserve Bank of India (RBI) has already moved from monthly to 15-day credit reporting from January 1, 2025. Now, it has issued draft rules that push the system further: by July 1, 2026, banks and NBFCs will have to update your credit data with bureaus every week.Here’s what…
Gold prices declined in futures trade on Tuesday as traders booked profits and turned cautious ahead of the outcome of the US non-farm payrolls report, which is expected to offer fresh cues on the US Federal Reserve’s interest rate path. On the Multi Commodity Exchange (MCX), gold futures for February delivery slipped by Rs 341,…
PM Modi on Tuesday highlighted India’s economic growth and said that the country is poised to become the third largest economy. Speaking at the India-Jordan Business meet, PM Modi further added that this economic momentum provides a range of opportunities for global partners. “You all know that India is moving towards becoming the world’s third-largest…
Based on the HSBC Flash India Composite Output Index, the private sector saw robust business activity. (AI image) Business activity in India moderated in December, with the HSBC PMI Composite Index that measures India’s manufacturing and service sectors’ combined output, came in at 58.9, dropping from November’s 59.7. Despite this reduction, the index remained significantly…
On the reforms front, the central government and the RBI’s focus on boosting consumption over the last one year is commendable. (AI image) By Gautam DuggadAs India gears up for its Union Budget in February 2026, the crucial question is whether the upcoming fiscal blueprint will focus solely on fiscal consolidation amid weak revenue growth…
Gold price prediction today: Gold prices are poised for a rise, supported by a weak rupee and a dovish Federal Reserve. Despite some volatility, the yellow metal found strength from the Fed’s rate cut and bond-buying plans. Source link
Asian markets fell sharply on Tuesday, following Wall Street’s losses, as investors remained cautious ahead of the release of key US employment and inflation figures. Concerns over a potential tech bubble added to the cautious mood.Hong Kong’s HSI was trading at 25,139, down 489 or 1.91%. Nikkei also trimmed 673 points or 1.34% to 49,494….
Mumbai: SBI plans to double its mobile banking customer base to 20 crore over the next two years from 9.4 crore with the launch of Yono 2.0, chairman C S Setty said on Tuesday. To help customers transition to the new digital platform, the bank will expand its in-branch digital support network to 10,000 floor…
Mumbai: Flipkart has secured go ahead from the National Company Law Tribunal (NCLT) to shift its domicile to India from Singapore, taking the Walmart-controlled firm a step closer to IPO, said people aware of the matter. Flipkart did not respond to queries.In April this year, the company had started the process of shifting its base…
NEW DELHI: India’s exports grew at their fastest pace in over three years, rising 19.4% to $38.1 billion in Nov on the back of a jump in shipments to the US and China. With imports falling 2% to $62.7 billion, the trade deficit narrowed to $24.6 billion, the lowest level since June.India’s exports to the…
