Oil prices are climbing again. Brent crude futures are extending a strong March rally. Middle East tensions are keeping markets on edge. Reports suggest the US and Iran might be nearing a peace deal. However, ongoing attacks and threats to energy assets maintain supply concerns. Even if the conflict ends, infrastructure damage could keep supplies limited.
Bajaj Finance, Bajaj Finserv shares fall up to 5% on RBI’s new proposal for NBFCs
Shares of Bajaj Finance and Bajaj Finserv fell sharply after the RBI proposed restricting NBFCs to offering only term loans, effectively barring revolving credit products.