India and the European Union are on the verge of sealing their long-delayed free trade agreement. (AI image) In a historic first, India and the European Union are all set to seal a trade deal that has taken almost two decades to finalize. The scale of the proposed free trade agreement is evident in Commerce […]
New priority lending norms widen scope for co-ops, tighten compliance for banks
MUMBAI: RBI has revised its priority sector lending norms allowing lending to the National Cooperative Development Corporation to qualify as priority sector loans, with the objective of expanding credit to cooperative societies while tightening compliance and reporting requirements for banks.The revised Master Directions on Priority Sector Lending recognise loans extended by banks to the National […]
IMF world economic outlook report: Global growth resilient despite trade and geopolitical risks; top points to know
Global growth is projected to stay resilient at 3.3% in 2026 and 3.2% in 2027, broadly matching the estimated 3.3% outturn in 2025, according to the latest World Economic Outlook Update released by International Monetary Fund. The forecast noted a slight upward revision for 2026 and no change for 2027 compared with October 2025 projections.Beneath […]
IDBI Bank shares fall 6% despite rise in profits as core income falls 24%
MUMBAI: IDBI Bank reported a net profit of Rs 1,935.5 crore for the quarter ended Dec 31, 2025, up 1.4% from Rs 1,908.3 crore a year earlier, aided by provision write-backs and improved asset quality. However, a sharp drop in core net interest income results in shares of the bank falling nearly 6%.Net interest income […]
Rupee fall: Currency breaches 91 per dollar again; FII outflows, trade jitters bite
The rupee weakened for the fourth straight session on Monday, breaching the 91-per-dollar level for the second time in a month before closing 14 paise lower at 90.92 (provisional) against the US dollar, pressured by sustained foreign fund outflows and risk aversion linked to global trade uncertainties, dealers said.At the interbank foreign exchange market, the […]
Budget 2026: Education experts urge government to improve quality, boost infra; call to shift focus on skills
Representative image (AI-generated) As the Union Budget 2026 approaches, education experts have urged the government to shift focus from expanding enrolment to improving quality, infrastructure and future-ready skills. The experts added that it is crucial to harness India’s young population and fast-growing higher education sector.India has the world’s second-largest education system, with nearly 40 per […]
Gold price today: How much 22K, 24K gold cost in Delhi, Mumbai & other cities – Check rates
Gold prices remained high on Monday as investors continued to seek safety amid rising geopolitical tensions and trade-related uncertainties.Gold and silver prices surged to fresh record levels as escalating geopolitical risks and shifting US monetary expectations boosted demand for safe-haven assets. Renewed unrest in Iran, fresh US tariff threats against several European countries over Greenland […]
India to become upper middle income country soon! Per capita income to rise; economy set to be 3rd largest
India is on track to overtake Germany and emerge as the third-largest economy by 2028. (AI image) India is all set to join China as an upper middle income country by the end of this decade, according to an analysis by the State Bank of India (SBI). India’s Gross Per Capita Income or GNI is […]
Big blow to cryptocurrencies! Bitcoin slips to $92,000 after Trump tariff threat; Ether & Solana also slide
Cryptocurrencies fell sharply on Monday as US President Donald Trump’s threat to impose new tariffs on eight European countries rattled risk assets and boosted demand for safe-haven assets. Bitcoin slid 3.6% to below $92,000, while other major tokens also saw a sharp decline.Ether, the second-largest digital asset, dropped 4.9%, and Solana fell 8.6% as traders […]
Gold price prediction today: Will gold prices continue to hit new highs on Trump tariff threats on EU? Top points to watch out for
On lower end, immediate support remains at ₹143,000 and ₹140,000. (AI image) Gold price prediction today: Gold prices may continue to scale fresh peaks in the coming days on ongoing geopolitical uncertainty, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd. He shares his views and recommendations for gold investors and […]