The Reserve Bank of India (RBI) has prohibited banks and other regulated lenders from charging prepayment fees on floating-rate loans taken by individuals for non-business purposes. Effective January 1, 2026, this directive aims to increase transparency and borrower flexibility. The new rules consolidate previous circulars and ensure clear disclosure of any applicable prepayment charges.
Gold and silver price prediction today: Gold prices are surging towards ₹99,000, fueled by global cues and safe-haven demand amid geopolitical tensions and inflation concerns. Silver is also bullish, eyeing ₹1,10,000, driven by industrial demand from green energy initiatives and expectations of central bank rate cuts. Experts advise a buy-on-dips strategy for gold above ₹96,500…
Shubman Gill and Yashasvi Jaiswal shone brightly on Day 1 of the second Test against England, earning accolades from cricket legends like Sachin Tendulkar and Yuvraj Singh. Their impressive partnership helped India recover from early setbacks, with Gill’s unbeaten century and Jaiswal’s fluent knock putting India in a commanding position at stumps. Gill’s captaincy and…
Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, started trade on a flat note on Thursday. While Nifty50 was above 25,500, BSE Sensex was in red.
A new US-Vietnam trade agreement, imposing a flat 20% tariff on Vietnamese exports, is causing concern in Asian markets. The deal replaces a previous agreement with preferential access, potentially disrupting Vietnam’s $135 billion export flow.
Top stock market recommendations: Nuvama Professional Clients Group’s Aakash K Hindocha recommends Titagarh Rail Systems, ICICI Prudential Life Insurance, and CESC as top buys for today. Nifty faces selling pressure, potentially retesting 25250, while Bank Nifty appears stretched, with selling pressure expected around 57150-57200.
Asian shares saw modest gains as investors awaited crucial US jobs data, hoping for signals of Federal Reserve rate cuts. Wall Street’s record closes, spurred by a new US-Vietnam trade deal, boosted global trade optimism. However, China’s slowing services activity and concerns over US consumption tempered gains, highlighting the high stakes surrounding the upcoming jobs…
Captain Shubman Gill’s unbeaten century, coupled with Ravindra Jadeja’s support, propelled India to 310/5 on Day 1 at Edgbaston. Former England pacer Steven Finn noted the shortened boundaries, linking it to England’s ‘Bazball’ approach. Gill’s captaincy and Jaiswal’s aggressive start put India in a strong position despite Woakes’ early breakthroughs.
Shubman Gill etched his name in cricket history, becoming only the second Indian captain to score centuries in both the first and second Tests in England. Following his 147 at Headingley, Gill’s unbeaten 114 at Edgbaston led India to 310/5, showcasing exceptional leadership under pressure.
