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 inflation to remain benign with the easing of international commodity prices. The sub-4 per cent average retail inflation projection is the lowest in recent years.The RBI, which … Read more
PTC Web Desk: China’s sweeping export ban on seven rare earth materials—critical for manufacturing in automotive, aerospace, and electronics industries—has started creating shockwaves across the global supply chain. Key automakers like Suzuki, Ford, BMW, Mercedes, and Nissan have been forced to halt or scale down production due to shortages. The Indian government is also mobilising efforts, … Read more
New Delhi:The government has procured 29.92 million tonnes (MT) of wheat during the 2025–26 Rabi marketing season (April–June) which represents a 13 per cent increase over the corresponding figure for the same period of the previous year and is the highest in the last three years, according to a senior official. This procurement is from … Read more
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 … Read more
If you want to invest your hard earned money in an option where not only the capital is safe, but also gets good returns on it – then Post Office Savings Schemes can be a great solution. Especially in times of market volatility, government-backed schemes emerge as a strong foundation of stability and trust. A … Read more
rallied between 2-7% after RBI hiked the Loan-to-Value (LTV) ratio limit for gold loans below Rs 2.5 lakh, which will be revised to 85% from 75% as part of the latest norms. Shares of Muthoot Finance, Manappuram Finance, and rallied upto 7%, 5%, and 5% respectively. is currently trading at Rs 2,440 up from day’s … Read more
If you’re looking to build a large financial corpus for your child’s future with a minimal monthly investment, the NPS Vatsalya Scheme—launched by the Government of India—could be an ideal option. By investing just ₹10,000 annually (or about ₹834 per month), your child could potentially accumulate up to ₹11 crore by retirement age.What is the NPS Vatsalya Scheme? … Read more
Shares of jumped 7% to hit the day’s high of Rs 882.80 on NSE on Monday, riding the overall euphoric trend in after a 50 basis point repo rate cut by the Reserve Bank of India (RBI) in its June monetary policy, which concluded today. Realty stocks, known to be sensitive to interest rates, rallied … Read more
PhonePe launches UPI services for feature phone users in India Fintech giant PhonePe has announced its plan to offer Unified Payments Interface (UPI)-based payments for feature phone users. The move comes after the company’s acquisition of GSPay technology stack from Gupshup, a conversational engagement platform. For feature phone users, PhonePe will offer basic capabilities like … Read more
ETFs have offered upto 7% return in the last one week and gave an average return of 6.29% in the same period. There were around 26 funds based on silver commodity in the said period. UTI offered the highest return of around 7.01% in the last week, followed by Tata Silver which gave 6.68% return … Read more