Bond yields may hold near 7.25% Government bond yields may remain under pressure in early trade on Thursday after the Reserve Bank of India (RBI) raised interest rates for the first time in nearly four years and changed its policy stance, signalling that more rate hikes could follow.The benchmark 6.94% 2036 bond yield is expected…
UPI will continue to be free for consumers, with no transaction fee imposed on person-to-person payments. Will the rollout of Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) transactions be deferred to January 2027? The government may postpone the move which was scheduled to be effective from October 15, 2026, by a few months,…
MCX Gold is likely to remain range-bound with a negative bias in the near term, as the overall price structure continues to indicate weakness Gold and silver price prediction today: Gold and silver prices are expected to trade with a negative bias in the coming days, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama…
Russia aims to reach Europe’s gas market through Nord Stream pipeline (Representational image) Russia may be looking to turn the gas taps to Europe back on, with talks under way over bringing a US investor into the Nord Stream pipelines that once carried Russian gas to Germany.According to five people familiar with the matter, the…
Adding to the pressure on markets, Brent crude prices rose another 2%. Stock market crash today: BSE Sensex and Nifty50, the Indian equity benchmarks, crashed in trade on Thursday, with both indices down around 1%. Investors reacted to the RBI’s policy tightening and repo rate hike, continued FII selling and other negative factors.At around 12:02…
NCLT clears record 107 resolution plans (representative image) NEW DELHI: The National Company Law Tribunal (NCLT) approved a record 107 corporate insolvency cases during the last quarter, but stares at the prospect of a moderation in the pace due to a large number of vacancies.Data released by NCLT estimated the value of cases approved at…
MUMBAI: Individuals may soon find it easier to see their financial assets in one place. RBI on Wednesday announced two measures: making account aggregators interoperable and allowing bank-deposit information to be added to the monthly consolidated account statement (CAS), which currently captures holdings such as shares, mutual funds and pensions. The move will make it…
MUMBAI: Brookfield is making its foray into the local industrial and logistics real estate market with a $450 million (Rs 4,300 crore) purchase of eight warehousing parks from ESR India, expanding its footprint beyond the country’s office and hospitality spaces. Capital will also be deployed towards future development of the portfolio, Brookfield said in a…
Rupee rises 10 paise against US dollar Rupee began Thursday on a positive note, recovering 10 paise to trade at 96.65 against the US dollar in early deals. The recovery comes amid likely intervention by the Reserve Bank of India, which may have helped the currency hold ground despite continued pressure from global and domestic…
US mortgage rate climbs to three year high US mortgage rates have soared to their highest level in nearly three years, with the sharp rise in borrowing costs adding to pressure on the housing market as Americans head towards November 3 elections.The average rate for a 30-year fixed-rate mortgage rose 19 basis points to 7.49%…
