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RBI unveils measures to ease credit; banks may soon back M&A deals

Mumbai, Oct. 1 -- The Reserve Bank of India on Wednesday announced a series of steps aimed at improving the flow of credit in the economy and furthering ease of doing business. RBI Governor said Indi... Read More


Gold smashes $3920, MCX hits record Rs.118965 ahead of Dussehra

Mumbai, Oct. 1 -- Gold extended its unstoppable run above $3920 per ounce in Wednesday's Asian trades, hitting fresh records as safe-haven demand surged amid the US government shutdown and rising geop... Read More


Nifty above 24,800 level; auto shares gear up

Mumbai, Oct. 1 -- The headline equity benchmarks traded with major gains in mid-afternoon trade. The Nifty traded above the 24,800 level. Auto shares extended gains for the second consecutive trading ... Read More


Economic Buzz: UK manufacturing PMI falls back to five-month low as downturns in output and new orders gather pace

Mumbai, Oct. 1 -- The operating environment faced by UK manufacturers remained challenging in September, as a quiet domestic market and lower intakes of new export business stymied production volumes ... Read More


Economic Buzz: UK nationwide house price growth rises

Mumbai, Oct. 1 -- UK house prices growth accelerated in September amid easing borrowing costs, data from the mortgage lender Nationwide Building Society showed Wednesday. House prices logged an annua... Read More


RailTel inks Rs 16-cr work order with RTNS Technology for customer project

Mumbai, Oct. 1 -- The agreement includes a flexible timeline, allowing for potential extensions subject to mutual consent between RailTel and RTNS Technology. The transaction is purely commercial, wi... Read More


BSE SME Praruh Technologies logs on quietly with flat listing

Mumbai, Oct. 1 -- The scrip was listed at Rs 63, matching the initial public offer (IPO) price. The counter hit a high of Rs 64 and a low of Rs 63. About 5.88 lakh shares of the company changed hands ... Read More


Oil steadies near $62.8 as US crude stocks fall

Mumbai, Oct. 1 -- WTI crude oil futures traded around $62.8 per barrel on Wednesday, recovering slightly after a two-day slide. Support came from API data showing a 3.7 million-barrel drop in US crude... Read More


BSE SME Justo Realfintech maps out a subdued debut

Mumbai, Oct. 1 -- The scrip was listed at Rs 126.90, a discount of 0.08% over the initial public offer (IPO) price. The stock is currently down 2.29% over its listing price. The counter hit a high of... Read More


BSE SME Systematic Industries plugs into market with steady listing

Mumbai, Oct. 1 -- The scrip was listed at Rs 193.80, a discount of 0.62% over the initial public offer (IPO) price. The stock is currently up 1.34% over its listing price. The counter hit a high of R... Read More