Bond yields may hold near 7.25% Government bond yields may remain under pressure in early trade on Thursday after the Reserve Bank of India (RBI) raised interest rates for the first time in nearly four years and changed its policy stance, signalling that more rate hikes could follow.The benchmark 6.94% 2036 bond yield is expected…
UPI will continue to be free for consumers, with no transaction fee imposed on person-to-person payments. Will the rollout of Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) transactions be deferred to January 2027? The government may postpone the move which was scheduled to be effective from October 15, 2026, by a few months,…
MCX Gold is likely to remain range-bound with a negative bias in the near term, as the overall price structure continues to indicate weakness Gold and silver price prediction today: Gold and silver prices are expected to trade with a negative bias in the coming days, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama…
US mortgage rate climbs to three year high US mortgage rates have soared to their highest level in nearly three years, with the sharp rise in borrowing costs adding to pressure on the housing market as Americans head towards November 3 elections.The average rate for a 30-year fixed-rate mortgage rose 19 basis points to 7.49%…
Rupee rises 10 paise against US dollar Rupee began Thursday on a positive note, recovering 10 paise to trade at 96.65 against the US dollar in early deals. The recovery comes amid likely intervention by the Reserve Bank of India, which may have helped the currency hold ground despite continued pressure from global and domestic…
Top stocks to buy or sell on October 8, 2026 Top stock market recommendations: GAIL, and IndiGo (Interglobe Aviation) are the top stocks to buy today (October 8, 2026), while Hindustan Zinc is a sell call, according to Aakash K Hindocha, Vice President – Research, Nuvama Professional Clients Group/Nuvama Wealth. He has shared his target…
BSE Sensex and NSE Nifty50 ended Wednesday on a lower note, after two straight sessions of gains, with the RBI’s 25-basis-point repo rate increase and its shift to a “calibrated tightening” stance weighing on sentiment. The 30-share BSE Sensex fell 429.11 points, or 0.59%, to 72,638.70, with 26 constituents closing lower and four higher. The…
NEW DELHI: Be prepared to shell out higher mobile tariffs. Bharti Airtel will from Thursday hike postpaid tariffs by 3- 10%. India’s second-largest telecom operator has included free international roaming (for one trip per SIM) worth Rs 2,000 in all postpaid plans, which will go up by Rs 50. The new postpaid plan rental plans…
File photo: Reserve Bank of India (RBI) Governor Sanjay Malhotra MUMBAI: Reserve Bank of India governor Sanjay Malhotra said the rupee was undervalued and the central bank would intervene to ensure orderly movement in the currency market even as it closed at 96.78 on Wednesday, down 36 paise from its previous close, after falling to…
Elon Musk says ‘oligarchs’ want to maintain a monopolistic chokehold NEW DELHI: Elon Musk has hit out at “certain oligarchs”, who he alleged were “blocking” Starlink’s entry into India.The trillionaire’s comments came on a day when Starlink, the company owned by him, said at India Mobile Congress (IMC) that it was ready to start service…
