BUSINESS
RBI booster: EMIs, tenure set to come down for home loan borrowers
June 9, 2025
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 retains FY26 GDP forecast at 6.5 per cent; says Indian economy shows strength, stability, opportunity
June 9, 2025
RBI retains FY26 GDP forecast at 6.5 per cent; says Indian economy shows strength, stability, opportunity
The FY26 growth projections are compared with the 6.5 per cent economic growth recorded in the 2024-25 fiscal year. The…
RBI to raise gold loan-to-value ratio to 85 per cent for small borrowers of up to Rs 2.5 lakh
June 9, 2025
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
June 7, 2025
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
June 7, 2025
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
June 7, 2025
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
June 7, 2025
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
June 7, 2025
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
June 7, 2025
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
June 6, 2025
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…