RBI Governor Sanjay Malhotra on Wednesday announced key initiatives to make banking services more customer-friendly and inclusive. Among the major steps is the move to simplify and standardise the claims settlement process for bank accounts and safe deposit lockers of deceased customers to ease the burden on nominees trying to access funds.Addressing the third bi-monthly […]
NSDL IPO listing today: Company makes strong debut; shares list 15% higher than issue price of Rs 800
National Securities Depository Ltd (NSDL) shares made a strong debut on Wednesday, listed with a premium of 15% against the issue price of Rs 800.NSDL shares were listed at Rs 880 on the BSE, 10% higher than the issue price of Rs 800. The stock later climbed 15% to Rs 920. The company’s market valuation […]
Trump’s higher tariff threat on India: What RBI governor Sanjay Malhotra said on GDP growth; ‘really very difficult to…’
US President Donald Trump has issued a warning about increasing tariffs on India beyond the current 25%. (AI image) RBI governor Sanjay Malhotra on Wednesday indicated that it is difficult to predict the impact of the tariffs imposed by the Donald Trump administration on India. The RBI-led Monetary Policy Committee (MPC) has kept the repo […]
Stock market today: Nifty50, BSE Sensex trade lower after RBI’s policy decision to keep repo rate unchanged
Market experts anticipate sideways trading, with attention focused on the Reserve Bank of India’s monetary policy. (AI image) Stock market today: Indian equity benchmarks Nifty50 and BSE Sensex traded flat on Wednesday, following the RBI’s monetary policy announcement and continued foreign fund outflows.As of 10:14 AM, the Nifty50 was down 46.50 points or 0.19%, trading […]
RBI MPC meet: RBI governor Sanjay Malhotra says repo rate kept unchanged at 5.5%; what does it mean for your loan EMIs?
RBI monetary policy review RBI MPC meeting: The Reserve Bank of India (RBI) governor Sanjay Malhotra on Wednesday said that the Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 5.5% in the August monetary policy review. From a loan borrowers perspective this means that your there is no further repo […]
Gold price prediction today: Where is gold rate headed in the near-term amidst Trump’s tariff war? Here’s the outlook
Gold price prediction: old direction still remains sideways to slightly positive for the current week. (AI image) Gold price prediction today: Gold rates are likely to maintain a sideways bias with limited upside in the near-term future. Maneesh Sharma, AVP – Commodities & Currencies, Anand Rathi Shares and Stock Brokers shares his views and recommendations […]
Top stocks to buy or sell: Stock recommendation by brokers for August 6, 2025
Jefferies has put a buy recommendation on IndusInd Bank with the target price at Rs 920. Analysts said the bank has appointed Rajiv Anand as next MD & CEO for three years. Given his long standing stint at Axis Bank, where he was a deputy managing director, analysts see this as a key positive for […]
Top stocks to buy today: Stock recommendations for August 6, 2025 – check list
Top stocks to buy today (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, GRSE, Redington, and Raymond Realty are the top stocks to buy today:GRSE – Mean Reversion + Weekly ReversalBuy near: ₹2,650–₹2,600 | Stop Loss: ₹2,300 | Target: ₹3,200After correcting from the ₹3,600 […]
Use bank app to verify a/c balance: Kotak after UPI glitch
MUMBAI: Kotak Bank has advised customers to use its mobile banking app or net banking platforms to check account balances after reports of a Delhi-based individual seeing a 37-digit balance through a third-party UPI app emerged.In a statement, the bank said media reports suggesting an unusually large balance were incorrect. It urged customers to verify […]
Services sector activity hits 11-month high in July
NEW DELHI: Demand for Indian services remained robust, and activity in the sector reached an 11-month high in July, driven by strong global orders, including from the US. Business confidence also strengthened, as shown by a survey released on Tuesday. In July, the HSBC India Services PMI business activity index was at 60.5, slightly changed […]