The Reserve Bank of India is proposing a simpler asset-size threshold of Rs 1 lakh crore to identify large NBFCs for stricter regulation, replacing a complex scoring system. This change could place Tata Sons, with assets of Rs 1.75 lakh crore, under tighter scrutiny, contingent on its application to surrender its core investment company registration being approved.
The United States is set to host an Indian delegation this month, signaling renewed momentum in bilateral trade talks. This follows a productive meeting between US Trade Representative Jamieson Greer and Indian Foreign Secretary Vikram Misri, who is in the US to review trade, defense, and technology ties.
Gold prices in India displayed a mixed trend on Thursday. While futures trading saw a marginal increase on the MCX, supported by global cues, retail rates declined in several cities. However, select markets experienced a rise in gold prices due to local factors.
Top stock market recommendations: Aditya Birla Sun Life AMC, Bank of India, and Cummins India have been picked as top stocks to buy today by Aakash K Hindocha, Deputy Vice President - WM Research of Nuvama Professional Clients Group.The Reserve Bank of India is proposing a simpler asset-size threshold of Rs 1 lakh crore to identify large NBFCs for stricter regulation, re...
