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Business - Page 416

Home, auto loans to get cheaper as RBI goes for steepest interest rate cut in 5 years

6 Jun 2025 5:15 PM IST
Mumbai: Home, auto and other loans are likely to cost less as the Reserve Bank of India (RBI) cut interest rates by a larger-than-expected 50 basis...

RBI to raise gold lending LTV to 85 pc for loans under Rs 2.5 lakh: Malhotra

6 Jun 2025 3:39 PM IST
Mumbai: The Reserve Bank is all set to raise the loan-to-value (LTV) ratio for lending against gold to 85 per cent for loans under Rs 2.5 lakh from...

Sebi attaches bank, demat, MF accounts of Mehul Choksi to recover Rs 2.1 cr dues

6 Jun 2025 2:30 PM IST
New Delhi: Markets regulator Sebi has ordered the attachment of bank accounts and shares and mutual fund holdings of absconding diamantaire Mehul...

GAIL celebrates Dabhol Terminal's achievement of all-weather status with breakwater completion

6 Jun 2025 2:08 PM IST
Dabhol: GAIL (India) Limited has successfully berthed and discharged its first LNG vessel at the Dabhol LNG Terminal following the completion of the...

RBI cuts CRR by a steep 1%, to unlock Rs 2.5 lakh crore to bank funds by Dec

6 Jun 2025 12:15 PM IST
Mumbai: The Reserve Bank on Friday decided to cut Cash Reserve Ratio (CRR) by a huge 1 per cent, which will unlock Rs 2.5 lakh crore liquidity to the...

RBI cuts retail inflation projection to 3.7%, expects easing in global commodity prices

6 Jun 2025 12:00 PM IST
Mumbai: The RBI on Friday cut inflation projections for the current fiscal to 3.7 per cent from the earlier estimate of 4 per cent, as it expects core...

Sensex jumps over 700 points, Nifty reclaims 25,000-level as investors cheer RBI's jumbo rate cut

6 Jun 2025 11:30 AM IST
Mumbai: Benchmark indices Sensex and Nifty surged nearly 1 per cent on Friday, driven by a rally in rate-sensitive sectors following the Reserve...

RBI says Indian economy shows strength, stability, opportunity; retains FY26 GDP forecast at 6.5%

6 Jun 2025 11:15 AM IST
Mumbai: Reserve Bank on Friday retained GDP growth projections for the current fiscal at 6.5 per cent, saying the Indian economy presents a picture of...

Markets log gains for 2nd day on fresh foreign fund inflows

6 Jun 2025 12:08 AM IST
During the day, Sensex jumped 912.88 pts or 1.12% to 81,911.13

Goyal proposes to develop industrial enclave for Italian bizs in India

6 Jun 2025 12:05 AM IST
Brescia (Italy): Commerce and Industry Minister Piyush Goyal on Thursday proposed to develop an industrial enclave for Italian businesses in India to...

Adani Group contributes Rs 74,945 cr tax in FY25

6 Jun 2025 12:03 AM IST
Of the total Rs 74,945 cr, direct contributions stood at Rs 28,720 cr, indirect contributions stood at Rs 45,407 cr & other contributions added Rs 818...

Rupee rises 8 paise to 85.79 against dollar

6 Jun 2025 12:01 AM IST
Mumbai: The rupee snapped its two-day losing streak and closed 8 paise higher at 85.79 against the US dollar on Thursday, supported by positive...
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