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8 minutes ago Business Sources associated with the incident said that the Reserve Bank of India (RBI) has warned banks about irregularities in gold loans given by fintech start-ups. RBI is concerned about the process of determining the price of gold secured by …
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Bitcoin falls by $3000+ on the first day of May
Mumbai: The month of May has been bad for major crypto Bitcoin after a 16 percent decline in April. In the last 24 hours, the price of Bitcoin has fallen by more than $3000 and late in the evening the price was said to be $5809. Other cryptos also rallied …
Read More »India's $700 million spices export will suffer a major setback – News India Live
Mumbai: India's exports worth $700 million to important markets are at risk as a result of regulatory measures being taken in foreign markets on the products of the country's two renowned spice manufacturers, according to a report. There are reports that the US, Hong Kong, Singapore, Australia and Malaysia have …
Read More »Slight decline in UPI transactions recorded in April compared to March
Mumbai: Unified Payment Interface (UPI) transactions declined by one percent in volume and 0.70 percent in value in April compared to March. Transactions worth Rs 19.64 trillion were completed in April compared to Rs 19.78 trillion in March. The number of transactions decreased from 13.44 billion to 13.30 billion. There …
Read More »Gold, silver lag: Crude also breaks: US stocks increase by 5 million barrels
Mumbai: The bullion market in Mumbai's jewelery market remained officially closed today. However, gold and silver prices fell sharply in the global market in the closed market. Prices of precious metals fell in the country's jewelery markets today due to decline in domestic import costs due to the decline in …
Read More »Change in import duty as the government changes the tariff value of imported edible oils
Mumbai: Amid the holiday mood, new business took place in the Mumbai oil-oilseeds market today. Prices of various domestic and imported edible oils remained soft overall. Saurashtra markets remained soft. The price of Saurashtra Cotton Wash was Rs 915 to Rs 920 and today it was indicated to be Rs …
Read More »Demand for bank loans by service sector is higher than that of industries
Mumbai: Agriculture and allied sectors are witnessing higher numbers in bank credit growth compared to other sectors. Lending to industries by banks showed a slight year-on-year increase in March. The demand for credit from the services sector has been higher than that from industries. According to the data released by …
Read More »SSY Vs FD Scheme: FD schemes of these banks are giving more interest than Sukanya Samriddhi Yojana, see list
SSY Vs FD Scheme: Sukanya Samriddhi Yojana is a scheme run by the government, by investing in which you can make your daughter's future bright. Under this scheme, you can open the Sukanya Samriddhi Yojana account of your daughter up to 9 years of age in any bank or post …
Read More »UPI Payment: You can make UPI payment even without internet, send money like this from button phone
New Delhi. The use of UPI payment is increasing in the country. Be it buying everyday items or sending money to someone, UPI helps us everywhere. A facility like UPI allows you to transfer money easily while sitting at home. Most of the people use UPI apps like Paytm, PhonePe, …
Read More »ATF Price Hike: Air travel can become expensive, oil companies increased ATF prices
New Delhi. J AT Fuel Prices (ATF Price) are updated along with LPG cylinder prices on the 1st of every month. Oil marketing companies release their new rates. Today oil companies increased the price of ATF marginally by 0.7 percent. After this increase, it is being estimated that air travel …
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