Gold and Silver Rates Today, August 20, 2024: From the date of this writing, August 20, 2024, we have observed changes in India’s gold and silver markets. The current prices for 24-carat gold are Rs 71,620 for 10 grams and…
With the dollar index plumbing new lows, the Indian rupee is expected to open a tad higher on Tuesday but is unlikely to keep up with some Asian peers. According to the 1-month non-deliverable forward, it was forecasted that the…
It is always important in any market globally especially the financial market to bear in mind that when risk is high, return is equally high and when risk is low, return is also low. Multi-asset funds are a good solution…
Tesla is currently involved in a potentially transformative litigation in US Corporate Law. The central question: Can the shareholders alter the decision of a judge concerning corporate transactions? This issue has cropped up at a time when the electric car…
The RBI recently changed its rules for mobilization of deposits leading to a future expected expansion of non-convertible debentures (NCDs) for deposit-taking housing finance companies (HFCs). As per the new guidelines declared this week, the limit for public deposits has…
As the RBI scales up the requirements for P2P non-bank lending platforms – the industry is gearing up for a request to change rules and clarification. P2P lending companies are expressing concern about the new regulation that seeks to compel…
In June 2024, gross non-banking finance companies of gold loan bonded a robust growth rate while RBI put certain constraints on the cash payment recently, observed a report of CRISIL Ratings. The report underscores the fact that the sustained demand…
RBI Warns on Regulatory Default by NBFC-P2P Lending Platforms, Stiffens Standards. There has been a recent emergence of NBFCs in the Indian market that are engaged in offering P2P lending services, for which several such NBFCs have been found by…
