Banks still wary of lending to NBFCs despite restoration of
Risk weight refers to the capital banks must keep aside as provisioning to cover any loan defaults Source
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Gold Today Rate, 8 April: Check 18, 22 and 24
Today’s 18, 22 and 24 Carat Gold Prices in Chennai, Bangalore, Hyderabad, Mumbai, Delhi: For those looking to make a safe investment, gold prices have further declined by ₹60 today across major Indian cities. Source
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Celsius Founder Alex Mashinsky Gets 12 Years Prison for Crypto
Founded in 2017, Hoboken, New Jersey-based Celsius filed for Chapter 11 bankruptcy in July 2022 after customers rushed to withdraw deposits as cryptocurrency prices fell. Source
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Dividend Alert: HUDCO Declares Final Dividend For FY25 In Q4,
HUDCO recommends a final dividend of Rs 1.05 per share for FY 2024-25, pending shareholder approval. Revenue and profits saw significant growth. Source
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SEBI reviewing regulation restricting business activities of AMCs
SEBI reviews mutual fund regulations, focusing on clause 24 to ease restrictions on asset management companies’ business activities. Source
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Multiple People Killed As Small Plane Crashes Into California Neighbourhood
Assistant Fire Department Chief Dan Eddy said during a news conference that they will be investigating whether the plane hit a power line. Source
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Pitch for big defence industrial corridor: Chandrababu Naidu wants HAL
India Business News: Andhra Pradesh Chief Minister N Chandrababu Naidu has proposed relocating HAL’s AMCA and LCA production to his state, offering 10,000 acres. This is p Source
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He Posed As Doctor For Years
A young man, armed with stolen documents and a borrowed identity, posed as a doctor for years, even working at a private and a government hospital. Source
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Gold prices slip from all-time highs as tariff relief eases
In India, 24-carat gold was priced at ₹94,030 per 10 grams, while 22-carat gold stood at ₹86,194 per 10 grams, according to the Indian Bullion Association’s morning data. Source
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Who Is Robert Prevost? Meet Leo XIV, The First American
Robert Francis Prevost of Chicago has been elected as Pope Leo XIV, making history as the first American pontiff and pledging peace and unity in his first address. Source
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