Business

October 28, 2021 4:33 PM

All micro loans must be collateral-free: RBI

The RBI has said it proposes to make micro-lending collateral-free, not just for microfinance institutions (MFIs) but for all lenders. Delivering the inaugural address at the Sa-Dhan National Conference on 'Revitalising financial inclusion' on Wednesday, RBI deputy governor Rajeshw...

October 26, 2021 6:06 PM

Crude oil prices hit highest levels since 2018 amid tight supply

Oil today rose to trade near its highest level since 2018 amid expectations that stockpiles will continue to decline globally as OPEC keeps a tight rein on supply. The brent price added modestly to trade above 86 dollars per barrel dollar level. In intra-day trade, Brent crude was trading around 86 ...

October 26, 2021 6:04 PM

Gold prices fall 65 rupees at Multi Commodity Exchange for December contracts

Gold prices today fell 65 rupees at Multi Commodity Exchange for December contracts in sync with losses in the international markets. The precious metal was trading at 48,135 rupees per 10 gram in intra-day trade. Silver also declined 260 rupees to 65,875 rupees per kilogram for December Contracts w...

October 26, 2021 5:10 PM

NHPC pays final dividend of Rs 249.44 cr to Government of India for FY 2020-21

NHPC, a premier hydropower Company and a Mini Ratna Category-I Enterprise of the Government of India has today paid a final dividend of over 249 Crore rupees to the Government of India for the Financial Year 2020-21. CMD of NHPC A K Singh handed the payment intimation advice to Power Minister R K Si...

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