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RBI to raise gold lending LTV to 85% for loans under Rs 2.5 lakh

Mumbai, June 7 -- The Reserve Bank of India (RBI) on Friday increased the loan-to-value (LTV) ratio on gold loans up to Rs 2.5 lakh to 85 per cent per borrower, up from the 75 per cent proposed in the... Read More


Rate Cut Cycle likely over now, policy to stay data-driven: Union Bank of India Report

New Delhi, June 7 -- The recent policy actions by the Reserve Bank of India (RBI) appear to mark the end of the current interest rate cutting cycle, according to a report by Union Bank of India. The ... Read More


Musk vs. Trump: Billionaire Blowup Threatens Billions

Srinagar, June 7 -- The once-close alliance between the two influential figures collapsed this week after Musk launched a scathing attack on Trump's sweeping tax-cut and spending bill, calling it a "d... Read More


Asian shares mostly gain ahead of Friday's US jobs report

Pakistan, June 7 -- Asian shares were mostly higher Friday ahead of an update on the U.S. job market that will offer insights into how the economy is faring. U.S. futures edged higher and oil prices ... Read More


RBI reduces penal interest rates on shortfalls in CRR and SLR requirements

Mumbai, June 7 -- The Reserve Bank of India reduced penal interest rates on shortfalls in the cash-reserve-ratio and statutory-liquidity-ratio requirements with immediate effect on Friday. As announce... Read More


How much did it really cost? Know HHVM's shocking budget

Hyderabad, June 7 -- Powerstar Pawan Kalyan's much-awaited film Hari Hara Veera Mallu has been delayed once again. The team earlier planned to release it on June 12, but due to pending VFX work, the r... Read More


Michelle Randolph in talks to star in horror thriller 'Malibu'

Washington DC, June 7 -- Michelle Randolph, known for her roles in the TV series '1923' and 'Landman', is in talks to star in 'Malibu', a horror thriller that Tod Williams will direct. Roy Lee and St... Read More


Vietnam welcomes over 9.2 international tourist arrivals in five months

Hanoi, June 7 -- Vietnam hosted more than 9.2 million international tourists in the first five months of the year, rising by 21.3% against the same time of 2024, according to the Vietnam National Auth... Read More


Hugh Jackman and Ryan Reynolds become co-owners of Australia SailGP team

Pakistan, June 7 -- Hollywood stars Hugh Jackman and Ryan Reynolds became co-owners of Australia's three-time champion SailGP team on Friday, saying they were 'incredibly excited'. The actors, who ar... Read More


Mukesh Ambani donates Rs 151 crore to his alma mater, Institute of Chemical Technology, Mumbai

Mumbai, June 7 -- Mukesh Ambani, Chairman and Managing Director, Reliance Industries announced an unconditional grant of Rs 151 crore to the Institute of Chemical Technology, Mumbai, from where he gra... Read More