Set aside funds for likely defaults, RBI tells banks

Mumbai: A man walks past the RBI logo at RBI headquarters in Mumbai. (PTI Photo/Shashank Parade) Mumbai: Banks will have to start setting aside money for possible loan defaults in advance from April 2027, using mathematical models to predict losses instead of waiting for borrowers to actually miss payments, under RBI’s final rules issued on…

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South Korea crosses $4 trillion market cap as Kospi storms past record 6,600

South Korea’s stock markets scaled a historic peak on Monday, as the total valuation of listed companies moved past the 6,000 trillion won ($4.1 trillion) mark for the first time during trading hours. According to figures cited by The Korea Herald, based on data from the Korea Exchange, the combined market capitalisation of domestic bourses…

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How India benefits from ‘once-in-a-generation’ trade deal with New Zealand – 0% tariffs, visas for professionals, $20 billion investment

India-New Zealand FTA: The India-New Zealand trade deal or Free Trade Agreement signed on Monday has been called a ‘once-in-a-generation’ trade pact. For one, it gives Indian exporters duty-free or zero duty access to all exports. The implementation of the trade deal is now contingent on New Zealand Parliament’s approval, and in the case of…

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64 LT urea, 19 LT other fertilisers: India boosts import plans as global prices double amid Middle East crisis

India is lining up major fertiliser imports ahead of the upcoming kharif season as global prices have almost doubled due the ongoing Middle East crisis, pushing import bill higher. The government on Monday said that it plans to import 64 lakh tonnes of urea and 19 lakh tonnes of other fertilisers, even as domestic availability…

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Fertiliser availability robust, no LPG dry out: Government soothes energy supply concerns amid Middle East conflict

Ongoing crisis in the Middle East has strained global energy supplies, but availability within the country continues to remain steady, the government has assured. Addressing a ministerial briefing, Aparna Sharma, additional secretary in the department of fertilizers, said, “The fertiliser availability remains robust, and the supplies continue to exceed the requirement. The department of fertilizers…

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Gold Prices Decline: Gold price today: Yellow metal slips; check 24K, 22K city-wise rates in Delhi, Mumbai, Pune and more

Gold prices declined in futures trade on Monday, tracking weak global cues and softer spot demand. The fall comes even as retail prices across major Indian cities showed a mixed trend, with some markets seeing marginal gains while others remained flat.On the Multi Commodity Exchange (MCX), gold contracts for June delivery fell by Rs 349,…

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Brutal selloff: Infosys loses over Rs 2 lakh crore in value, slips out of India’s top 10 most valued firms

Infosys is no longer enjoying the strong investor confidence that it once did. This year, the IT giant, long seen as one of Dalal Street’s reliable compounders, has come under heavy pressure. The company fallen out of India’s top 10 most valued companies, after seeing a wipe out of more than Rs 2 lakh crore…

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Stocks to buy: What’s the outlook for Nifty for April 27-April 30 week? Check list of top stock recommendations

Top stocks to buy (AI image) Stock market recommendations: Aster DM Healthcare, and GE Vernova T&D India have been picked by Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities as the top stocks to buy this week (starting April 27, 2026). Views on Nifty and Bank Nifty have also been shared.Nifty ViewThe momentum…

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Comfort push: Shatabdi, Jan Shatabdi trains set for nationwide revamp

New Delhi: Amid the push for more Vande Bharat and Amrit Bharat trains, the railways has begun work on improving the currently operational Shatabdi Express and Jan Shatabdi Express trains. It has drawn up a plan to enhance comfort, aesthetics, and onboard service quality on these premium trains under a nationwide campaign.In a communication to…

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Paytm share price today: One 97 Communications plunges 8% after RBI cancels Paytm Payments Bank’s banking licence.; what’s the outlook?

Paytm said the RBI had effectively withdrawn Paytm Payments Bank’s licence. Paytm share price today: Shares of One 97 Communications, the parent of fintech platform Paytm, dropped as much as 8 per cent on Monday, falling to an intraday low of Rs 1,057 on the National Stock Exchange. The sharp decline came after the Reserve…

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