The two-wheeler industry in India is set to undergo a massive selling surge, surpassing pre-Covid-19 levels, driven by RBI’s rate cut, strong domestic demand and significant recovery in exports. According to a report by CareEdge Ratings, the sector is expected to register a healthy volume growth of 8–9% in FY26. This follows three years of…
Private sector lender HDFC Bank has reduced its benchmark lending rates following the Reserve Bank of India’s (RBI) unexpected decision on Friday to cut the repo rate by 50 basis points in a bid to revive the slowing economy.The bank revised its marginal cost of funds-based lending rates (MCLR) downward by 10 basis points across…
NEW DELHI: Reserve Bank of India (RBI) deputy governor T Rabi Sankar was Saturday appointed as a part time member of the 16th Finance Commission, a finance ministry statement said. He will hold office from the date of assuming charge until the submission of the commission’s report or Oct 31, 2025, whichever is earlier.Sankar’s appointment…
सोने पर लोन देने वाली कंपनियों Muthoot Finance, Manappuram Finance और IIFL Finance के शेयरों में शुक्रवार, 6 जून 2025 को 8 फीसदी तक की तेजी दर्ज की गई. इसकी वजह बना भारतीय रिजर्व बैंक (RBI) का ऐलान, जिसमें सोने पर लिए जाने वाले लोन की वैल्यू बढ़ाने की बात कही गई. लोन टू वैल्यू…
Indian equities surged in May as defence stocks and microcaps led a broad-based rally, with investor appetite turning decisively risk-on. The rally picked up further pace in June following a surprise rate cut by the Reserve Bank of India (RBI), lifting rate-sensitive sectors and extending bullish momentum.According to a report by Motilal Oswal, the benchmark…
Gold Loan: भारतीय रिजर्व बैंक (RBI) ने शुक्रवार को गोल्ड लोन के नियमों में बड़े बदलाव किए, जो जल्द ही लागू होने वाले हैं. इन नए नियमों में LTV रेश्यो का बढ़ना, 2.5 लाख रुपये तक के गोल्ड लोन को क्रेडिट अप्रेजल से छूट जैसी कई बातें शामिल हैं. एक और नियम लागू होने की…
The central government has dismissed claims that Rs 500 currency notes will be phased out by March 2026. On Tuesday, the Press Information Bureau (PIB) issued a fact check on social media, clarifying that the viral news was fake. It confirmed that Rs 500 notes continue to be legal tender and advised people not to…
India’s foreign exchange reserves slipped by $1.24 billion to $691.49 billion in the week ending May 30, according to data released by the Reserve Bank of India on Friday. Despite the decline, the central bank said the reserve buffer remains robust. “At $691.5 billion, the reserves are sufficient to cover 11 months of imports and…
Prime Minister Modi attacked Pakistan while speaking in Katra, saying that the country aimed to cause unrest in the region. His speech came after inaugrating major infrastructure projects and new Vande Bharat trains, aimed to boost connectivity in Jammu and Kashmir.In a surprise move, the RBI slashed the repo rate by 50 basis points, signaling…
The Reserve Bank of India once again raised red flags over cryptocurrencies, warning that these digital assets could threaten the financial stability and monetary policy.Speaking to reporters after the central bank’s monetary policy announcement on Friday, RBI governor Sanjay Malhotra said, “There is no new development as far as crypto is concerned. A committee of…