Gold prices rise to 3-month high on back of safe-haven demand

Gold prices rise to 3-month high on back of safe-haven demand

Gold prices rose to a three-month high on Friday and were headed for a second consecutive weekly gain, on the back of a safe-haven demand due to the Middle East conflict and expectations that the US Federal Reserve was likely to pause rate hikes. Oct 20, 2023
Reserve Bank of India.

RBI fines Paytm Payments Bank for breach of norms

The RBI has slapped a Rs 5.39 crore fine on Paytm Payments Bank for not complying RBI guidelines related to know your customer (KYC) norms and not reporting incidents of cyber security breaches in time. Oct 13, 2023
Reserve Bank of India.

RBI to maintain rates, real estate sector to be disappointed

Only an unforeseen and sustained increase in inflation may compel the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) to revise upwards the repo rate, said the Chief Economist at Anand Rathi Shares and Stock Brokers. Sep 29, 2023
New Parliament Building

Govt likely to table Women's Reservation Bill in Lok Sabha today

Amid speculations that the Women's Reservation Bill that seeks to reserve 33 per cent seats in Lok Sabha and state assemblies for women may be tabled in the Lok Sabha on Tuesday, sources have said the ruling BJP is gearing up to make it a "grand occasion". Sep 19, 2023