Indian gold buyers ignored record prices and bought extensively for Dhanteras and Diwali, expecting gold’s value to rise further. Strong gold demand could boost global prices and widen India’s trade deficit. Gold investments are seen as more lucrative with stock market performance cooling.
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