The current downward revision to 6.6 per cent for FY25 reflects the RBI's acknowledgement of potentially missing earlier projections by a significant margin.
Bangalore–Mysore Expressway: With the new plan from NHAI, a full-scale service road will be constructed on the Bengaluru-to-Mysuru side of the expressway which will eliminate the need for lengthy detours, offering a dedicated route for better access.
Vande Bharat parcel train: Union Railway Minister Ashwini Vaishnaw informed the Lok Sabha this week that there are over 136 Vande Bharat train services being operational on the Indian Railways network.
Credit line on UPI has the potential to make available low-ticket, low-tenor products to "new-to-credit" customers, RBI Governor Shaktikanta Das said.
Terming the growth much lower-than-anticipated, RBI Governor Shaktikanta Das exuded confidence that high-frequency indicators available so far suggest that the slowdown in domestic economic activity bottomed out in Q2:2024-25.
Silver price today: According to reports, spot silver is up more than 2 per cent for the week, despite a 0.1 per cent decline to $31.3 an ounce. Palladium increased 1.5 per cent to $977.25 while platinum increased 0.6 per cent to $944.25.
Over the past week, the price fluctuation for 24-carat gold was recorded at 0.42 per cent, while the change over the last month stood at 0.99 per cent. Scroll down to check the latest city-wise gold prices in India.
In the early trade, the 30-share BSE Sensex climbed 10.06 points to 81,767.24. Meanwhile, the Nifty was down by 9.55 points at 24,698.85.
The Reserve Bank of India on Friday announced monetary policy. It last hiked the repo rate to 6.5 per cent in February 2023 and since then it has held the rate at the same level.
Silver price today: Fluctuations in silver prices are influenced by various factors, including insights from reputable jewellers.
The minor decrease in gold prices indicated continued market adjustments following a period of steady growth. Over the past week, the price fluctuation for 24-carat gold had remained stable.
Out of the 30 companies in the Sensex, 19 opened with gains in the green zone, while 9 companies opened in the red zone with losses. Similarly, in the Nifty, 25 companies opened with gains in the green zone, and 24 companies opened in the red zone.
After stakeholder consultations, the Directorate General of Civil Aviation is working on streamlining the wet-leasing regulations. Currently, IndiGo and SpiceJet operate wet-leased planes while Air India fly some dry-leased aircraft.
As per the new regulations, the RBI said the offline framework has been updated and the enhanced limits for UPI Lite shall be Rs 1,000 per transaction, with Rs 5,000 being the total limit at any point in time.
In a statement, IndiGo said the data published in the survey does not report the sample size from India, and neither takes into account the methodology or compensation guidelines used by the global aviation industry – "casting a doubt on its credibility".
The Drishti 10 is a force multiplier, providing the Indian Navy with the ability to monitor vast maritime territories and unparalleled situational awareness.
Gold prices have fallen by 1.46% in the last ten days with both domestic futures and global prices gaining amid recent volatility.
Silver Price today on December 4: Spot silver dropped 0.20 per cent to $30.97 an ounce in global markets. In overnight trade, the metal hit a high of $31.11 an ounce and a low of $30.91 an ounce.
FM Nirmala Sitharaman in Lok Sabha said the public sector banks are profitable as the total profit was Rs 85,520 crore in first half of current fiscal.
Gold's robust performance comes amidst global financial trends and local market conditions that continue to support its value, solidifying its status as a key asset in both investment portfolios and personal wealth preservation strategies.
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