RBI to issue consolidated norms for forex loans, masala bonds by month end; key things to know – The Financial Express

In a bid to consolidate the regulations pertaining to borrowing and lending transactions of resident Indians as well as others the Reserve Bank of India (RBI) will issue consolidated norms for forex loans as well as masala bonds. The RBI will also issue draft directions for allowing non-resident Indians access to the Rupee Interest Rate Derivatives (IRD) market in India for non-hedging purposes.In a bid to consolidate the regulations pertaining to borrowing and lending transactions of resident I...
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Both gold and silver are glittering! Gold prices surged by Rs 890, silver climbed Rs 1,940 this week – The Financial Express

Taking positive leads from the global market amid firm demand from local jewellers, gold prices surged Rs 890 to Rs 32,350 per 10 grams at the bullion market during the week.Traders said a positive trend in the overseas market lifted gold prices here.Taking positive leads from the global market amid firm demand from local jewellers, gold prices surged Rs 890 to Rs 32,350 per 10 grams at the bullion market during the week. Similarly, silver climbed Rs 1,940 to Rs 38,500 per kg on higher demand fr...
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