BUSINESS

RBI booster: EMIs, tenure set to come down for home loan borrowers

RBI booster: EMIs, tenure set to come down for home loan borrowers

RBI will directly benefit home loan borrowers, especially existing ones, by reducing their interest burden, experts said New Delhi: The jumbo…
RBI to raise gold loan-to-value ratio to 85 per cent for small borrowers of up to Rs 2.5 lakh

RBI to raise gold loan-to-value ratio to 85 per cent for small borrowers of up to Rs 2.5 lakh

The increase in the loan-to-value ratio for small loans means that if the gold pledged is worth Rs one lakh,…
Cryptocurrencies hamper financial stability: RBI Governor

Cryptocurrencies hamper financial stability: RBI Governor

RBI Governor Sanjay Malhotra said the central bank is concerned about cryptocurrencies as it can hamper financial stability Mumbai: RBI Governor…
Repo Rate and CRR cuts: A double boost for affordable housing amid global headwinds

Repo Rate and CRR cuts: A double boost for affordable housing amid global headwinds

While the rate cut is a strong positive for real estate, especially for affordable housing, much now depends on how…
RBI cuts repo rate by 50 bps to 5.5 pc as inflation eases to 3.2 pc

RBI cuts repo rate by 50 bps to 5.5 pc as inflation eases to 3.2 pc

RBI Governor Sanjay Malhotra announced a 50 bps repo rate cut to 5.5% amid falling inflation, now at 3.2%. The…
Rupee trades flat with mild volatility ahead of RBI rate decision

Rupee trades flat with mild volatility ahead of RBI rate decision

The rupee moved in a narrow range in early trade on Friday, ahead of the RBI’s monetary policy announcement. Forex…
Sensex, Nifty slip ahead of RBI policy outcome; foreign fund outflows weigh on sentiment

Sensex, Nifty slip ahead of RBI policy outcome; foreign fund outflows weigh on sentiment

Equity benchmarks Sensex and Nifty fell in early trade on Friday ahead of the RBI’s monetary policy announcement. Weak global…
Investors dump Tesla on bet Trump may lash out at Musk

Investors dump Tesla on bet Trump may lash out at Musk

Shares of Elon Musk’s electric vehicle maker plunged more than 14% in a stunning wipe-out as investors dumped holdings amid…
Hiring of staff in India’s services sector at all-time high in May

Hiring of staff in India’s services sector at all-time high in May

The seasonally adjusted HSBC India Services PM Business Activity Index registered 58.8 in May, broadly in line with April’s reading…
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