Gold price outlook: Goldman Sachs predicts that gold is most likely to experience a price increase in the near future due to its popularity as a risk hedge. The bank believes that upcoming US Federal Reserve rate cuts will attract Western capital back into the gold market, which has been largely absent during the sharp…
MUMBAI: Sebi chairperson Madhabi Puri Buch on Monday said that soon companies, instead of filing new disclosures with two stock exchanges as is required by the regulator, would be able to file on one and the same will automatically reflect on the other. She also said that the mutual fund industry would soon be able…
MUMBAI: Byju’s US lenders have moved the Bengaluru bench of the National Company Law Tribunal to seek removal of Pankaj Srivastava as the interim resolution professional of the startup. Byju’s faces insolvency after the Supreme Court stayed an order by the National Company Law Appellate Tribunal, approving the settlement between the company and BCCI, in…
NEW DELHI: ICICI Bank has issued a strong denial in response to recent allegations from the Congress party on Monday, which accused SEBI Chairperson Madhabi Puri Buch of receiving regular income from the bank and its asset management arm, ICICI Prudential, while serving as a whole-time member and later Chairperson of the capital markets regulator….
Mumbai to Indore train travel gets a boost! Your Indian Railways train journey between Mumbai and Indore is set to get shorter with the Cabinet approving a new railway line project. Prime Minister Narendra Modi-led Cabinet Committee on Economic Affairs on Monday approved a new project that will ensure “shortest rail connectivity between Mumbai and…
Bank Holidays September 2024: In September 2024, banks across various states in India will remain closed for a total of 15 days, including the second and fourth Saturdays as well as Sundays. The Reserve Bank of India (RBI) publishes a monthly list of bank holidays to help customers plan their banking activities and avoid any…
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, gained in opening trade on Monday morning. While BSE Sensex was above 82,500 after hitting a lifetime high of 82,725, Nifty50 moved above 25,300. At 9:17 AM, BSE Sensex was trading at 82,566.74, up 201 points or 0.24%. Nifty50 was at 25,297.85, up…
BHUBANESWAR: RBI governor Shaktikanta Das expressed confidence Saturday that GDP growth rate would meet the central bank’s projected 7.2% in the current financial year, driven by a monsoon-induced farm fillip and an uptick in govt spending that had been dampened by election-related causes in the first quarter.Das attributed the slower growth of 6.7% in first…
NEW DELHI: India’s growth momentum remains strong with Asia’s third-largest economy expected to expand 6.5-7% this year on the back of a good monsoon that is expected to help boost farm growth and rural demand as well as private investment, chief economic adviser V Anantha Nageswaran said on Friday.“In the medium term, the Indian economy…
India Q1 GDP growth: India’s economic growth slowed to 6.7% year-on-year in the April-June quarter, falling short of the 6.8-7% GDP growth expected by most economists. The slowdown was attributed to reduced government spending during the national elections. However, India maintained its position as the fastest-growing major economy, outpacing China’s 4.7% growth in the same…
