Gautam Shah of Goldilocks Premium Research suggests investors consider silver. He advises shifting focus from gold, anticipating a 20-25% increase in silver’s value. Shah sees a major upward trend for silver. He sets a medium-term target of $43 and a longer-term target of $50. He favors PSU banks and NBFCs over private banks.
RBI relaxes rules on current, CC and OD accounts; threshold raised to ₹10 crore
The Reserve Bank of India has relaxed norms for business accounts. Customers can now open current, cash credit, and overdraft accounts more easily. The aggregate