Bharat Express

RBI

With the Reserve Bank of India (RBI) adding 8 tonnes, bringing its year-to-date purchases to 73 tonnes. This raised India's total gold reserves to 876 tonnes.

Prime Minister Narendra Modi’s government has made significant strides in job creation compared to the previous UPA regime, as per RBI.

The asset quality of India’s banks has reached a 12-year high, with gross non-performing assets (GNPA) declining to 2.6% of total advances, according to the RBI's report.

The Reserve Bank of India’s (RBI) latest Financial Stability Report, released on Monday, highlights the strong macroeconomic fundamentals supporting the Indian economy.

The government plans to bring a strict law to control unregulated lending activities. It has presented a draft of the Ban on Non-Regulated Lending Activities (BULA) bill.

Market sentiment remained negative, as 1,657 stocks were in the red, compared to 559 in the green. Experts noted that November’s CPI inflation of 5.48% is within the RBI’s target range.

The government has appointed Revenue Secretary Sanjay Malhotra as the next Reserve Bank of India (RBI) Governor for three years.

Central bank gold purchases surged to 60 tonnes in October, with theRBI leading the way by adding 27 tonnes, according to the WGC.

Frontline equity indices closed in the green on Thursday after a volatile trading session, driven by strong buying in IT stocks. Investors showed optimism ahead of RBI monetary policy decision.

The domestic benchmark equity indices ended in the green on Wednesday, driven by buying activity in the PSU bank and realty sectors.