Mumbai: Two external members of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) made a strong proposal to reduce the repo rate. Since February 2023, the repo rate has remained constant at 6.50 percent. The minutes of the MPC meeting held in the first week of …
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Unsecured loans of NBFCs witness significant growth
Mumbai: Unsecured loans of non-banking finance companies (NBFCs) have seen a decline of over 30 per cent in the period from FY17 to FY24. The increase is high due to the low level, but unsecured loans have seen twice the growth compared to retail secured loans such as vehicle, gold, …
Read More »Gautam Adani's salary is 9.26 crores, know whether it is more or less than Mukesh Ambani?
Gautam Adani, India's second-richest man, received a total salary of Rs 9.26 crore in the financial year ended March 31, 2024. This is significantly less than his other counterparts in the industry. The annual reports of 10 listed companies of the Adani Group show that 61-year-old Adani took salary from …
Read More »There will be a big change from July 1, those who pay credit card bills should be cautious
If you also use a credit card, then this news is special for you. Changes related to credit card payment are going to be implemented after seven days i.e. from July 1, 2024. After this, there may be a problem in paying the bill through some payment platforms. These platforms …
Read More »Grocery expenditure of Indian families increased by 19%
According to the findings of a survey conducted by a research institute, even though it is being claimed that the prices of goods have come down in the last few months, the amount that every family has to spend on essential goods including grocery has increased by 19 percent in …
Read More »70 small cap stocks gave returns ranging from 10 to 40%
11 mins ago Business Ahmedabad: The BSE mid-cap index closed the weekend higher by 1.5 per cent on a weekly basis, while the small-cap index ended flat after hitting a fresh record high in the week ended June 21. Similarly, the large cap …
Read More »Prices remained stable on Sunday, know the latest rates before buying
Gold and silver prices remained unchanged on Sunday. Gold and silver are trading at their previous prices. On June 23, gold was trading at Rs. 72 thousand per 10 while silver was trading at Rs. 72 thousand per 10. Trading is above 90000. Let us know what are the latest …
Read More »A commando squad will soon be formed to control cyber crime
New Delhi: To control cyber crimes, the government is soon going to prepare 'Cyber Commando' squads. Although this work has been going on for a year, now it has been included in the 100-day agenda of the Home Ministry and it can also be announced in the budget coming in …
Read More »Forex reserves fall from record high
Mumbai: After two consecutive weeks of increase, the country's foreign exchange reserves have declined. In the week ended June 16, 2024, it fell by $ 2.92 billion to $ 652.89 billion. Whereas in the week ended June 7, 2024, it increased by $ 4.30 billion to a record level of …
Read More »Sensex will close below 76444 at 75666 in the new week
Mumbai: The historic boom in the Indian stock markets continued last week as well and the Sensex reached a record weekly high of 77808 and the Nifty reached a new highest level of 23667. The Modi 3.0 government is in full form and is taking decisions one after the other …
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