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Last Updated:May 13, 2026, 2:22 PM IST RBI cancels licence of Sarvodaya Co-operative Bank, Mumbai for regulatory non compliance, orders winding up, most depositors to get insured refunds via DICGC RBI cancels the licence of Sarvodaya Co-operative bank The Reserve Bank of India (RBI) has cancelled the licence of Sarvodaya Co-operative Bank, Mumbai, for failing…
Last Updated:May 13, 2026, 1:05 PM IST WazirX launches low fee crypto Futures in India, offers INR based access, mandatory knowledge quiz, and plans phased expansion to boost profits for Recovery Token creditors Wazir enters into futures trading WazirX has entered into crypto Futures trading, bringing crypto derivatives to Indian traders with a fee structure…
Last Updated:May 13, 2026, 12:15 IST The NSE Nifty 50 trades at 23,467, up 88 points or 0.38 per cent, while the BSE Sensex gains 197 points to trade above 74,756. India VIX, the market’s fear gauge, declined 1.42 per cent to around 19.01, suggesting some cooling in panic sentiment after Monday’s spike. Market Updates…
Last Updated:May 13, 2026, 11:05 IST India raises gold and silver import duty to 15 percent from 6 percent, jewellery stocks like Kalyan Jewellers and Titan fall, MCX gold and silver hit upper circuits Gold import can be dissuaded by promoting gold exchange programme where consumers exchange their old jewellery with new ones at gold…
Mumbai53 minutes ago copy link Today i.e. Wednesday, May 13, the Sensex is trading at 74,700 with a rise of 100 points (0.17%). Nifty has also increased by 30 points (0.12%), it has reached the level of 23,400. In today’s business, there is buying in metal shares, while there is selling in pharma shares. Asian…
Last Updated:May 13, 2026, 09:17 IST The finance ministry, via customs notifications issued on the late evening of May 12, has raised overall import duty burden on gold from 6% to 15%. Know impact on jewellery prices: If imported gold worth Rs 1 lakh earlier attracted about Rs 6,000 in import duty, it could now…
New Delhi30 minutes ago copy link The government has imposed 10% basic custom duty and 5% Agriculture Infrastructure and Development Cess (AIDC). file The Central Government has increased the duty on import of gold and silver from 6% to 15%. This decision was taken in the order issued on Wednesday. The aim of the government…
New Delhi8 minutes ago copy link The government has imposed 10% basic custom duty and 5% Agriculture Infrastructure and Development Cess (AIDC). file The Government of India has increased the duty on import of gold and silver from 6% to 15%. This decision was taken in the order issued on Wednesday. The aim of the…
Hindi News Business Silver Jumps ₹8,667 In A Day, Reaches ₹2.65 Lakh; Rupee Hits All Time Low New Delhi2 hours ago copy link Tomorrow The big news was related to inflation. Retail inflation in April has increased to 3.48%. Earlier in March it was 3.40%. These figures have been released on May 12. At the…
Hindi News Business Silver Jumps ₹8,667 In A Day, Reaches ₹2.65 Lakh; Rupee Hits All Time Low New Delhi31 minutes ago copy link Tomorrow The big news was related to inflation. Retail inflation in April has increased to 3.48%. Earlier in March it was 3.40%. These figures have been released on May 12. At the…