Reserve Bank lifts ban on IIFL Finance's gold loan business
India's IIFL Finance jumps 13% after cenbank lifts curb on gold loan business
Shares in India's IIFL Finance jumped about 13% on Friday, after the country's central bank lifted restrictions on the non-banking financial company's gold loan business, removing a key overhang on its financials and stock.
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look ...
India's merchandise trade deficit in August widened to $29.65 billion as merchandise exports fell, dragged down by rising ...
Indian shadow lender IIFL Finance Ltd is facing a threat of credit rating downgrade as early as this week, as a months-long ...
The ease with which the trade of precious metals and stones can be used to move "large amounts" of funds without leaving an ...
The Financial Express on MSN2h
India’s wedding industry booms: 3.5 million marriages to drive over ₹4.25 lakh crore spending this seasonAs per Prabhudas Lilladher's report 'Band, Baaja, Baarat and Markets', factors like the recent reduction in gold import ...
With the Reserve Bank of India (RBI) adding gold every month in 2024, India has one of the largest gold reserves globally.
Imports jumped by 3.3 per cent to a record high of $64.36 billion, driven by a significant increase in the inbound shipments ...
India suffered a setback in Round 8 of the Chess Olympiad 2024. This defeat was particularly disheartening as it ended ...
India’s trade deficit widened in August with a fall in exports due to a global slowdown, while imports climbed as domestic ...
Gold is a precious metal and is considered an attractive investment option. The gold prices in India fluctuate as per market situation and are keenly monitored during the time of trading.
The price for Gold stood at 6,968.89 Indian Rupees (INR) per gram, up compared with the INR 6,949.19 it cost on Thursday. The ...
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