RBI has been trying to tighten regulatory norms on the sector since Infrastructure Leasing & Financial Services, the largest nonbank financial company, went bankrupt in 2018, and Dewan Housing Finance Corp and Altico Capital defaulted on payments in 2019

On Multi Commodity Exchange of India (MCX), gold futures for February slumped 4% or Rs 2,086 to Rs 48,818 per 10 gram while silver futures tanked Rs 6,112 or 8.8% to Rs 63,850 per kg

The value of the bond is based on the simple average closing price (published by the India Bullion and Jewellers Association Ltd) for gold of 999 purity of the last three business days of the week preceding the subscription period, that is, December 22-24

The issue price for the new series of sovereign gold bonds has been fixed at Rs 5,000 per gram of gold, says Reserve Bank of India

India Stock Market Highlights Today: In today's session, Sensex hit an all-time high of 46,992 and Nifty logged a lifetime high of 13,773

India Stock Market Highlights Today: Global equities were buoyed today as COVID-19 vaccine developments and prospects of more stimulus boosted investor sentiment

India Stock Market Highlights Today: During the session, Sensex touched a lifetime high of 45,148 and Nifty hit an all-time high of 13,280

India Stock Market Highlights Today: Maruti Suzuki, Hindalco, Tata Steel and GAIL India were the top gainers on Nifty rising up to 3.62%. SBI Life Insurance, Infosys, Bharti Airtel and Axis Bank were the top losers falling up to 1.79% on Nifty

In the reporting week, the increase in the forex kitty was on account of a rise in foreign currency assets (FCAs), a major component of the overall reserves

Last year, Muthoot Finance had announced to acquire IDBI Asset Management and IDBI MF Trustee Company for a total consideration of Rs 215 crore

India Stock Market Highlights Today: IndusInd Bank, followed by Bajaj Finserv, Bajaj Finance, Reliance Industries, ONGC, NTPC and Tata Steelwere among the top gainerz in the Sensex pack. On the other hand, HDFC, Asian Paints, ITC and Bharti Airtel were among the laggards

In the previous week ended October 30, the reserves had increased by USD 183 million to USD 560.715 billion

As per Pre-Diwali Dhanteras sales of gold and silver, the overall business is likely to be muted amid current high rates and subdued demand due to the COVID-19 induced economic hardship

Dalal Street today: IndusInd Bank, followed by SBI, L&T, Axis Bank, HDFC twins, Kotak Bank and ICICI Bank were among the top losers today. On the other hand, Asian Paints, Reliance Industries, Titan, Bajaj Finance and Sun Pharma were trading with gains

The gold market prices fell after Pfizer Inc announced that its experimental COVID-19 vaccine was more than 90 per cent effective in preventing COVID-19 based on initial data from a large study

Gold, Silver prices today: Silver December Futures, traded Rs 90 higher at Rs 64,344 per kg today after they touched an intraday low of Rs 64,025 per kg

India Stock Market Highlights Today: Reliance Industries, followed by M&M, Bajaj Auto, Tata Steel, NTPC, Titan and HDFC were among the was the top gainer in the Sensex pack. Tech Mahindra, Nestle India, Bharti Airtel, PowerGrid and Infosys were among the laggards

India Stock Market Highlights Today: Global equities turned buoyed today as investors braced for the US presidential election, on Tuesday

All markets under RBI will open at 10 AM. While trading in tri-party repo in government securities will be closed at 3 PM, the rest will continue for another 30 minutes till 3:30 PM

Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves