Category : Banking


RBI Becomes Net Dollar Buyer in Jan, Purchases $2.5 Billion

The Reserve Bank of India turned a net buyer of dollars in January, purchasing $2.5 billion, a sharp reversal from heavy selling in December. Gross purchases rose while sales declined, indicating a significant shift in intervention stance.

Telcos Oppose Mumbai Metro IBS Tender, Suggest Shared Network

Reliance Jio, Airtel, and Vodafone Idea have jointly opposed MMRCL's new in-building solution tender, citing exorbitant pricing. They propose acquiring existing ACES infrastructure to expedite mobile connectivity rollout across Mumbai Metro stations.

Gold and Silver Prices Plunge in Delhi on Weak Demand

Gold prices in Delhi have tumbled by Rs 9,050 per kg, while silver has declined by Rs 10,500 per kg due to weak demand. In international markets, spot gold fell 5.06% to USD 4,263.73 per ounce, and silver dropped 6.3% to USD 63.53 per ounce.

RBI Injects Rs 79,256 Cr via Overnight VRR Auction

The Reserve Bank of India injected Rs 79,256 crore into the banking system through an overnight variable rate repo auction, falling short of the Rs 1 lakh crore notified amount due to advance tax payments reducing surplus liquidity.

Health Stock Gains on Acquisition News

A leading health sector stock witnessed a significant surge in trading following the announcement of a strategic acquisition, with market analysts highlighting potential growth opportunities.

Gold Crashes to Rs 1.36 Lakh in Sharpest 5-Day Fall

Gold prices in India have plunged over Rs 22,000 per 10 grams in five days, hitting Rs 1.36 lakh amid Iran-Israel-US war tensions and inflation fears. Analysts warn of further declines as global selloffs and currency pressures weigh on the market.

Gold, Silver Prices Fall in India: Check MCX Rates Today

Gold and silver prices witnessed a notable decline across major Indian cities including Mumbai, Delhi, and Chennai on March 23, 2026. The drop follows a downward trend in COMEX prices, impacting 24k and 22k gold rates in local markets.

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