Gold Loan: Shadow lenders that offer loans against gold will likely see their asset size grow by 18-20% to Rs 1.3 lakh crore ($17.2 billion) in the year to March 31, Crisil Ratings said in a note.
RBI MPC Keeps Repo Rate Unchanged At 4%Watchful of evolving situation and remain committed to bring it back to normal in a gradual and non-disruptive manner
Solar Eclipse 2021: A stunning annular solar eclipse will illuminate the sky, appearing as an ominous ring of fiery, glowing light in some parts of the world next week.
Treasury Secretary Janet Yellen said President Joe Biden should push forward with his $4 trillion spending plans even if they trigger inflation that persists into next year and higher interest rates.
India has scaled up vaccination for its 1.3 billion population, apart from boosting heath care infrastructure as it prepares for a third wave of coronavirus infections, Baijayant Panda, vice president of the ruling Bharatiya Janata Party, said.
PMC Bank: Eighteen months after the Reserve Bank of India placed Punjab And Maharashtra Cooperative Bank Ltd (PMC Bank). under restrictions, the regulator’s options to resolve the insolvent lender have dwindled.