Category: Business
Take loan against gold Jewelry up to 90% of its value
The Reserve Bank of India (RBI) has given a big deal to the people taking gold loan by pledging gold with the bank. Now you can take 90 percent of the total value of gold jewelry as gold loan. So far, only 75 percent of the total value of gold is loaned. Gold loan has become even more attractive wit [...]
Nifty Futures broke yesterdays high situated at 11220
After recent Monetary policy the nifty broke high and trading just above it You may read the Few highlights comments by RBI governor shaktikanta das here
Nifty Futures chart Intraday
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Repo rates unchanged 4% -Makrets showing volatile move during speech
Swap evident across all subgroups households 1 year ahead inflation Expectations were lower than their three months ahead Expectations in July 2020 round of The Reserve banks survey indicating their anticipation of low inflation over the longer Horizon
Moderated imports fail fail shortly in June [...]
Gold price reached 55250 Indian Rs/10g,why the price surging
Due to the impact of the international market, the price of gold is touching new heights. The domestic futures market has seen a huge rise in the Gold Futures Price. Due to this, the price of gold on the Multiple Commodity Exchange (MCX) has reached a record level. On MCX, the gold futures pri [...]
RBI Governor Shaktikanta Das can announce the policy rate
RBI Governor Shaktikanta Das can announce the policy rate at 12 o'clock today. RBI gave this information in a tweet. According to a Reuters poll, two-thirds of economists believe the repo rate may be cut. According to the economist's estimate, despite the repo rate being at a record low rate of 3.5 [...]
Nirmala Sitharaman:No bank can refuse to give loans under atmnirbhar Bharat package
Finance Minister Nirmala Sitharaman has said that no financial institution can refuse to supply loans to MSMEs sector underneath the Self-Reliant India Package. If there is such a case, they complain.
She will seem to be into the rely variety herself. In a FICCI program, the Finance Minister has es [...]
Buying a car or bike will be cheaper in India
Since rhe covid-19 circumastances India ks faving now various measures among corporates is in progress. The stepsay emsures the strategic adjustment of demand amd supply to balance the sales etc. [...]
EUR/USD headed multi-year downtrend on daily
EURUSD’s since the ERF has been inflexible . We are wary as the pair nears multi-year daily downtrend resistance ~1.18+. We see this as a litmus test over the durability of EURUSD's surge, and where skewed tactical positioning and valuable begin to bite. [...]
Futures of WTI crude oil settle at $41.60
The price of WTI crude oil futures are settling at $41.60. That's positive 0.75%. The high price for the day reached $41.82. The low price extended to $40.48 [...]
Europe outperforming says Goldman sachs due to management of coronavirus
Europe is effective in managing the corona virus the picture below showing the 7 days moving average of corona virus.Asia and europe having edge control better than United States of America. [...]