The Reserve Bank of India has stopped advance payments for gold and silver imports. This move aims to prevent money laundering. Banks will now play a key role in monitoring all import payments. New rules also simplify trade for businesses. These changes take effect from October 1. Stricter rules will apply for future advance payments if contracts are not met.
14 penny stocks crash up to 80% in three months. Check full list here
Over the past three months, 11 penny stocks have plunged between 50% and 80%. These underperformers were identified using a targeted screen that focused on