Markets

Centre gears up to make hallmarking mandatory for gold bullion

Centre prepares to Mandate Hallmarking for Gold Bullion

The Indian government is preparing to make hallmarking mandatory for gold bullion. This announcement was made by Consumer Affairs Secretary, Nidhi Khare, at the Gems and Jewellery Conference organized by the Confederation of Indian Industry (CII) in New Delhi. Dec 6, 2024
Govt doubles FCI's authorised capital to Rs 21,000 cr in big boost to farm sector

RBI raises limit of collateral-free agriculture loans to Rs 2 lakh

The Reserve Bank of India (RBI) has decided to raise the limit for collateral-free agriculture loans from Rs 1.6 lakh to Rs 2 lakh to enhance coverage of small and marginal farmers and permit small finance banks to extend pre-sanctioned credit lines through UPI to small borrowers to ensure greater financial inclusion. Dec 6, 2024
Indian hosiery makers to clock 10-12 pc revenue growth in FY25

Indian hosiery makers to clock 10-12 pc revenue growth in FY25

The revenue of Indian hosiery makers is projected to increase 10-12 per cent (year-on-year) this fiscal following a revival in rural demand, volume support from the export market and robust modern trade sales, a report showed on Thursday. Dec 5, 2024
Indian stock market opens flat, PSU bank shares lead

Indian stock market ends in green, all eyes on RBI's MPC decision

The domestic benchmark equity indices closed in green on Wednesday as buying was seen in PSU bank and realty sectors. The investors are keenly watching the Reserve Bank of India's (RBI) monetary policy committee (MPC) meeting which will announce its decision around the repo rate on Friday. Dec 4, 2024
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