Silver Plunges Rs 5,700, Gold Falls Rs 1,600 in Delhi
In a sharp market correction, silver prices plummeted by Rs 5,700 per kg, while gold declined by Rs 1,600 per 10 grams in Delhi, driven by global trends and reduced demand.
Category : Banking
Govt Updates Bank List for Gold, Silver Imports Under Trade Policy
The Indian government has updated the list of banks authorized to import gold and silver under the Foreign Trade Policy, impacting trade and compliance in the precious metals sector.
MyCrediBro Simplifies Credit Access in India with Transparency
MyCrediBro, a trusted financial service platform in India, is revolutionizing credit access by offering transparent and value-driven solutions to simplify the borrowing process for consumers.
Gold Futures Hit Rs 1.53 Lakh per 10g Amid Global Gains
Gold futures in India have risen to Rs 1.53 lakh per 10 grams, driven by firm global trends and increased demand. This surge reflects ongoing market volatility and investor interest in safe-haven assets.
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Neobanks vs Traditional Banks: When to Switch for Growth
Explore the critical decision for high-growth companies on switching from traditional banks to neobanks, focusing on scalability, costs, and digital needs.
Paramatrix's Playmity Wins Innovation Award at BFSI Summit
Paramatrix Technologies' Playmity platform has been honored with the Best Product Innovation Award at the BFSI Tech Summit, recognizing its groundbreaking contributions to the banking and financial services industry.
Gold Price Prediction: Weak Signals, Sell on Rise Strategy Advised
Gold futures on MCX trade near ₹1,52,870 with bearish technical indicators. Jateen Trivedi of LKP Securities suggests a sell-on-rise strategy amid weak intraday signals and resistance at ₹1,53,000-₹1,53,250.
Paras Defence Inks US Deal for Aerial Refuelling Tech
Paras Defence & Space Technologies shares gained on Thursday after the company announced a strategic partnership with a US-based firm to develop advanced aerial refuelling systems.
Karnataka Backs New Credit Score for Rural Lending
Karnataka government supports a new credit scoring system for rural lending, aiming to improve financial inclusion and access to loans for farmers and small businesses.
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SC Dismisses Anil Ambani's Appeal in Rs 30,000 Crore Fraud Case
Supreme Court dismisses Anil Ambani and RCom's appeals against fraud tagging of bank accounts, upholding Bombay HC order in alleged Rs 30,000 crore loan diversion case.
Godrej Capital Targets Rs 50,000 Crore AUM, Expands into Gold Loans
Godrej Capital plans to double its assets under management to Rs 50,000 crore by FY28, driven by new ventures like gold loans and affordable housing finance, with branch expansion nationwide.
Ahmedabad Akha Trij Gold Sales Expected to Drop Sharply
Gold sales in Ahmedabad during Akha Trij are forecast to fall significantly, with high prices and cautious consumer sentiment leading to subdued demand, according to jewellers and industry associations.
Go Airlines Ordered to Refund Passenger with 8% Interest
A Mumbai consumer commission has directed the defunct Go Airlines to refund Rs 63,161 with 8% interest to a passenger for a last-minute flight cancellation in 2019. The airline had claimed operational constraints but failed to provide evidence.
BSNL Rs 1 Prepaid Plan: Unlimited Calls, 2GB Daily Data
BSNL reintroduces the 'Freedom Plan' in Kerala, offering prepaid mobile connections for Rs 1 with unlimited calls, 2GB daily data, and 100 SMS/day until April 30 to showcase its indigenous 4G network.
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Ballari Commission Orders Rs 2 Lakh Payout in PMSBY Dispute
The District Consumer Disputes Redressal Commission in Ballari has directed Karnataka Grameena Bank and United India Insurance to pay Rs 2 lakh with interest for wrongfully rejecting a PMSBY claim after a policyholder's death.
RBI Urges Oil Refiners to Use Credit Line, Cut Dollar Buys for Rupee
The Reserve Bank of India has instructed state-run oil refiners to reduce spot dollar purchases and utilize a special credit facility through SBI to ease pressure on the rupee, which has fallen over 3% this year.
ICAI Meets Maharashtra Co-op Commissioner for Audit Reforms
A delegation from ICAI's Western India Regional Council met Maharashtra's Co-operative Commissioner to discuss audit reforms, fee revisions, and professional involvement in policymaking for the state's co-operative sector.
Rupee Gains 10 Paise, Settles at 93.23 vs US Dollar
The Indian rupee appreciated by 10 paise to close at 93.23 against the US dollar in the forex market, driven by positive domestic cues and global factors.
India's Crypto Boom: A Safety Guide for Secure Trading
As India emerges as a top cryptocurrency market, investors must prioritize platform security. This guide outlines a four-pillar framework, using Binance as a benchmark, to verify safety standards and protect digital assets effectively.
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Nominee Facilities in Savings Accounts Protect Family Finances
Nominee facilities in savings accounts ensure seamless transfer of funds to family members, preventing legal hassles and financial uncertainty during emergencies.
LIC HFL Junior Assistant Recruitment 2026: 180 Vacancies
LIC Housing Finance Limited has launched its Junior Assistant recruitment drive for 2026, offering 180 positions across India. Online registration begins April 16, 2026, with applications closing April 30, 2026. Eligibility includes graduation with 55% ma
Gold and Silver Prices Jump on April 16: City Rates
Gold and silver prices saw significant gains on April 16, with 24-carat and 22-carat gold rates varying across major Indian cities like Chennai, Delhi, and Mumbai. COMEX gold and silver also rose amid global market trends.
Gold, Silver Prices May Extend Gains in Coming Days
Gold and silver prices are poised for further gains, with MCX gold targeting 165,000 and silver eyeing 280,000, according to Abhilash Koikkara of Nuvama. Key support levels at 148,500 and 230,000 will be crucial for maintaining the bullish trend.
Rupee Gains 6 Paise to 83.27 Against Dollar in Early Trade
The Indian rupee appreciated by 6 paise to 83.27 against the US dollar in early trade, driven by positive domestic equity trends and foreign fund inflows, amid global market volatility.
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HDB Financial Shares Jump 13% After 41% Profit Rise
HDB Financial Services shares surged over 13% after reporting a 41% increase in March quarter profit, driven by robust loan growth and improved asset quality.
West Bengal Leads in Financial Inclusion with Rs 1,000 Crore Deposits
West Bengal ranks second nationally in deposit mobilization through BLS E-Services' BC network, contributing nearly Rs 1,000 crore to over Rs 10,000 crore total balance, with 80% from rural markets.
RBI Issues Guidelines for NBFC Branch Authorisation
The Reserve Bank of India has released comprehensive guidelines for NBFC branch authorisation to enhance regulatory oversight and ensure orderly expansion in the financial sector.
Bank Accounts for Minors: Key Parental Oversights
Opening a bank account for a minor involves critical steps often missed by parents. This guide covers documentation, tax implications, and financial literacy to ensure a smooth process.
Gold Prices Mixed: MCX Futures Down, Retail Rates Up in Cities
Gold futures on MCX declined slightly on Tuesday, with the June 2026 contract falling 0.30% to Rs 1,54,349 per 10 grams. Meanwhile, retail gold prices increased across major Indian cities, including Delhi, Mumbai, and Chennai.
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Gold, Silver Prices Fall on April 15 Due to Strong US Dollar
Gold and silver prices declined on April 15, 2026, driven by a robust US dollar and market fluctuations. Check city-wise rates for Chennai, Delhi, and Mumbai.
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