Governor of the Reserve Bank of India Sanjay Malhotra. File | Photo Credit: AP The removal of restrictions on banks for acquisition financing will help the real economy, Reserve Bank of India Governor Sanjay Malhotra said on Friday (November 7, 2025). Last month, the RBI allowed banks to fund acquisitions and raised the cap on…
Representational image of the Bombay Stock Exchange (BSE) building | Photo Credit: PTI Benchmark indices Sensex and Nifty tumbled in early trade on Friday (November 7, 2025) as relentless foreign fund outflows and weak trends in global markets hit investors’ sentiment. The 30-share BSE Sensex tanked 631.93 points to 82,679.08 in early trade. The 50-share…
Image for representation only | Photo Credit: Getty Images The rupee declined 3 paise to 88.66 against the U.S. dollar in early trade on Friday as the American currency strengthened against major rivals and foreign investors kept on withdrawing funds from the Indian capital market. According to forex traders, the Indian rupee was also weighed…
After an almost quiet September for first 21 days due to the GST 2.0 transition, October witnessed a swift rebound. File. | Photo Credit: Reuters Overall automobile Retail sales in October 2025 rise 40.5% YoY, hitting all time high as per data released by Federation of Automobile Dealers Association (FADA). 2Ws grew 51.76% YoY to…
Finance Minister Nirmala Sitharaman addresses the 12th SBI Banking and Economics Conclave 2025, in Mumbai, on November 6, 2025. Picture: X/@nsitharamanoffc Finance minister Nirmala Sitharaman on Thursday (November 6, 2025) asked banks to adhere to system driven lending practices and learn from the past so that financial discipline is not threatened. “We have many self-reliant…
Gold price today – November 6 – across India | Photo Credit: ANI Gold prices in India have seen an upward trend today, November 6, with a notable increase across all major cities. The price of both 22-carat and 24-carat gold has risen compared to yesterday’s rates. This report provides a detailed, city-by-city breakdown of…
The initial public offering of Billionbrains Garage Ventures, the parent company of stock broking firm Groww, got fully subscribed on the second day of share sale on Thursday. The company’s IPO received bids for 39,16,33,950 shares, as against 36,47,76,528 shares on offer, translating into 1.07 times subscription, as per data available with the NSE till…
The international demand for Indian services improved further, as signalled by another increase in external sales. File | Photo Credit: Getty Images/iStockphoto India’s services sector growth witnessed the slowest pace of expansion in five months in October, as competitive pressures and heavy rains in parts of the country led to a slower increase in output, according…
View of a screen outside the Bombay Stock Exchange (BSE) in Mumbai. File | Photo Credit: Reuters Benchmark indices Sensex and Nifty rebounded in early trade on Thursday (November 6, 2025), tracking a rally in global markets and buying in blue-chip stocks. The 30-share BSE Sensex climbed 376.89 points to 83,836.04 in early trade. The…
Gold has surged by more 50% this year, hitting a record in October before losing some ground after a torrid rally. Gold steadied after the biggest gain in about a week, as traders assessed the outlook for US interest rates following private-sector jobs data. Bullion held just above $3,980 an ounce, after rising 1.2 per…
