RBI Monetary Policy: How Central Bank Stance On Interest Rates Will Guide Bonds And Rupee
India’s financial markets are braced for a test of volatility. The Reserve Bank of India (RBI) is set to hold its highly anticipated monetary policy review. The central bank’s upcoming policy announcement will heavily impact fixed-income and currency desks. Debt and currency trad Read More
SEBI Questions Rajesh Exports’ Africa Gold Mine Investment Claims; Flags Rs 15.15 Lakh Crore Revenue Misstatement
As part of the interim order passed by Securities & Exchange SEBI on Rajesh Exports Ltd (REL), the market regulator noted that it found the listed gold refiner’s explanation on investments linked to gold mines in Africa as “vague, and unsupported”.The market watchdog has also all Read More
Global Airline Chiefs to Confront Iran War Fuel Shock and Profit Drops at Industry Summit
Global airline bosses gathering in Rio de Janeiro this weekend will be searching for answers to the industry’s biggest crisis since the pandemic, with the Iran war driving up jet fuel costs, forcing flight detours and testing carriers’ ability to raise fares.The June 6-8 annual m Read More
LIC Shares Under Pressure As SEBI Order Exposes Alleged Fraud At Rajesh Exports
Shares of Life Insurance Corporation of India (LIC) traded lower on Thursday morning as investors reacted to a major regulatory crackdown on gold jewelry manufacturer Rajesh Exports, where the state-run insurer holds a significant legacy stake.On the NSE, LIC shares opened weak a Read More
Delhi Government to Scrap B&B Policy After Malviya Nagar Fire Tragedy, Orders Probe Into Officials’ Role
New Delhi: The Delhi government has announced that it will withdraw its Bed and Breakfast (B&B) policy and launch a review of establishments operating under the scheme.Speaking after the tragedy, Tourism Minister Kapil Mishra said the government had decided to officially withdraw Read More
How Indian Markets Could React To RBI’s Policy Call
The Reserve Bank of India’s rate decision on Friday is expected to be one of the closest policy calls in recent memory, with rising oil prices, a falling rupee and monsoon risks pulling growth and inflation in opposite directions.While a majority of economists polled by Reuters e Read More
India Set to Launch 30 Billion Rupee Incentive Scheme for Lithium and Nickel Processing
India’s federal Ministry of Mines is expected to shortly unveil a policy with incentives to process lithium and nickel with an outlay of around 30 billion rupees ($313.48 million), according to two sources familiar with the matter.The sources did not want to be identified publicl Read More
India Plans to Waive Capital Gains Tax on Foreign Portfolio Debt Investments to Boost Inflows: Sources
India plans to scrap capital gains tax on foreign portfolio investments in government securities, which could help boost such inflows, a source familiar with the matter said on Thursday.The South Asian nation is looking to attract foreign capital to counteract pressure on its rup Read More
‘They Kept Banging The Windows’: Eyewitness Narrates Heartbreaking Final Moments Inside Malviya Nagar Hotel Fire Horror
A resident who joined rescue efforts during the fire tragedy at a hotel in Delhi’s Malviya Nagar, which claimed 21 lives, said people trapped inside were banging on glass windows for help, prompting locals to throw bricks to break the panes and facilitate their escape.Speaking to Read More
Bihar CM Samrat Chaudhary Expresses Grief Over Muzaffarpur Fire Incident; Announces Rs 4 Lakh Ex-Gratia for Victims’ Families
Patna: Bihar Chief Minister Samrat Choudhary, on Thursday, expressed his profound grief and announced financial assistance for the families of those who lost their lives following the tragic fire at a hospital in Muzaffarpur. The Chief Minister confirmed that the state government Read More














