Markets bounce back after 7-day losing streak

PTI Mumbai, September 30 Equity indices made an emphatic comeback on Friday after falling for seven straight sessions after the RBI hiked interest rates by 50 basis points on expected lines and projec…

RBI lists Tata Sons with 15 NBFCs for more regulation

The RBI had issued the scale-based regulation (SBR), which is a revised regulatory framework for NBFCs, on October 22 last year.The framework categorises NBFCs in base layer (NBFC-BL), middle layer (N…

Sensex rallies 1k pts, breaks losing streak

MUMBAI: The sensex rallied 1,017 points on Friday to close at 57,427 points after the RBI raised interest rate by 50 basis points (100bps = 1 percentage point), which was on expected lines.

RBI cuts FY23 GDP growth forecast to 7% from 7.2%

Several multilateral agencies & economists have slashed India GDP growth forecasts due to the impact of the Ukraine war, soaring inflation & rising interest rates.SBI, others hike loan rate by 50bps …