Gold loans lead NBFC growth; portfolio share touches double digits
Gold loans fuel NBFC growth, doubling their share amid higher gold prices and tightened unsecured lending.
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Banking and finance, markets, the economy and companies.
Indian govt’s price correction of ethanol from maize may help balance distortion
Govt trims maize-based ethanol price, drawing mixed reactions from grain distilleries and sugar sector amid ongoing ethanol blending policy concerns.
India-New Zealand FTA kicks in; duty-free access for Indian goods; gains hinge on competitiveness
India-New Zealand FTA kicks in; duty-free access for Indian goods; gains hinge on competitiveness
Govt not to regulate airfares; caps only in exceptional cases
The Centre may impose caps on unjustified airfares on individual routes in exceptional circumstances under the new airfare rules, sources told businessline.
Fresh market borrowings for the govt getting pricier amid a tightening cycle
Rising yields push government borrowing costs higher as 10-year G-Sec issuances near 7.4% amid tightening cycle and inflation pressures.
Suez Canal recovery raises hopes for trade on reduced freight and faster transit
After three years of diversions around the Cape of Good Hope, Suez Canal is seeing a recovery to more than half of pre-disruption levels and this has raised hopes for trade.
Rubio kicks off India visit with trade deal, Russian oil on agenda
During his two-day visit to Mumbai and Jamnagar, Rubio is set to meet EAM Jaishankar, Reliance Industries Chairman Mukesh Ambani, among others.
Hormuz could be 'redundant' in five years, replaced by new routes, HSBC CEO says
HSBC CEO says Gulf logistics investment could render the Strait of Hormuz redundant in five years amid regional conflicts and pipeline expansion.
Income Tax Department notifies tax exemption on NDB’s Maharaja Bonds
The Income Tax Department exempts interest on NDB’s Maharaja Bonds from tax deduction and introduces Form 173A for eligible investors in government securities.
China keeps benchmark lending rates unchanged in October
China keeps its one-year lending rate at 3% and five-year rate at 3.5% for a 17th month as strong growth eases pressure for monetary support.
The changing template of global growth—and what it means for India
The world economy may have remained resilient in 2026, but volatility and unpredictability are far from over, and their impact could weigh on India’s growth trajectory as well.
India-New Zealand trade pact takes effect on October 20: How it benefits both sides
India’s free trade agreement with New Zealand takes effect on October 20, offering Indian exports full duty-free access and targeting bilateral trade of about ₹35,000 crore by 2030. Key highlights of the pact here.