Mumbai: RBI has proposed tighter capital norms to curb banks’ exposure to volatility in foreign exchange and bullion markets by mandating a higher capital charge on open positions, according to draft regulations released for public comment.Under the draft rules, commercial banks will be required to maintain a 9% capital charge on their net open positions…
Stage is set for a corrective move, making higher levels vulnerable to selling pressure during the session. (AI image) Gold price prediction today: Gold may see some profit booking having rallied strongly, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.Gold futures on MCX are trading near ₹1,42,530 after an extended rally,…
Infosys stock price today: Shares of Infosys rose sharply on Friday, climbing over 5% on both the NSE and BSE after the IT major raised its FY26 constant-currency revenue growth guidance to 3–3.5% while maintaining its operating margin outlook at 20–22%. At 11 am, the stock was trading 5.04% or 80 points higher, reaching 1,679.65…
MUMBAI: Citi expects a repeat of, or potentially a new record, equity IPO issuance in India in 2026, with total fund-raising of $15-20 billion, while a sharp pickup in external commercial borrowings (ECBs) could follow if proposed regulatory changes are implemented. Net foreign portfolio investor (FPI) inflows into equities, however, are likely to turn decisively…
Asian stock markets are trading on a mixed note on Friday, as upbeat earnings from Taiwan Semiconductor Manufacturing Company (TSMC) supported confidence in artificial intelligence-linked stocks, even while broader regional sentiment remained cautious.Taiwan was up 2.11% or 649 points to 31,459. In South Korea, Kospi was trading in green, with a gain of 30 points…
Planning to upgrade your television or finally pick up that smartphone you’ve been eyeing? You might want to act fast as prices of electronic gadgets such as smartphones, televisions and laptops are likely to rise in the coming weeks. Industry executives and market experts have warned of an increase of 4–8% over the next two…
NEW DELHI: In a big relief to millions of its members who face difficulty in validating their past service records while filing advance or final settlement claims, Employees Provident Fund Organisation (EPFO) is set to deploy new-age technologies like artificial intelligence (AI), blockchain and machine learning (ML) to authenticate member records, reports Shiva Rajora.“People who…
Stock market today (AI image) Stock market today: Indian stock market benchmark indices, Nifty50 and BSE Sensex, opened in green on Friday. While Nifty50 was above 25,700, BSE Sensex was up over 200 points. At 9:16 AM, Nifty50 was trading at 25,712.30, up 47 points or 0.18%. BSE Sensex was at 83,611.83, up 229 points…
NEW DELHI: Unemployment rate for those in the 15 years and above age group inched up marginally in Dec while the labour force participation rate (LFPR) maintained an upward momentum, the periodic labour force survey monthly showed ThursdayThe overall joblessness rate was estimated 4.8% in Dec compared to 4.7% in Nov. The survey results showed…
NEW DELHI: People with job cards assigned under Mahatma Gandhi National Rural Guarantee Scheme will be able to get work without disruption when transition takes place to new rural employment framework under Viksit Bharat-Guarantee for Rozgar and Aajeevika Mission (Gramin) Act.Even though exact timeframe is not known yet, rural development ministry officials said the VB-G…
