Gold prices declined on MCX due to profit booking before US inflation data. October gold futures traded lower, while silver futures also showed weakness. US PPI data had previously cooled off, supporting prices. Market awaits CPI data for further direction. Geopolitical tensions and central bank buying support gold and silver. Experts suggest ranges for trading gold and silver on MCX.
Bank Lending to NBFCs Rises 26%, Fastest in FY26
In the previous fiscal year, bank lending to Non-Banking Finance Companies (NBFCs) witnessed an impressive 26 percent increase, fueled by the Reserve Bank of India’s