RBI lending directive: No more pre-payment charges; borrowers to get freedom from 2026 | India Business News

In a move to enhance transparency and borrower flexibility, the Reserve Bank of India (RBI) has barred banks and other regulated lenders from imposing pre-payment charges on floating rate loans availed by individuals for non-business purposes. The new norms, issued under the Reserve Bank of India (Pre-payment Charges on Loans) Directions, 2025, will be applicable…

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Gold & silver price prediction today: Will gold rate test Rs 99,000 mark soon – what’s the outlook and should you buy or sell?

Gold price prediction: What should gold and silver investors do and what’s the outlook for gold and silver rates in the near future? (AI image) Gold and silver price prediction today:Both gold and silver prices are showing strength, with gold heading towards Rs 99,000, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients…

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‘Degraded’: US strikes set back Iran’s nuclear programme, says Pentagon; estimates upto 2-year delay

This satellite image provided by Maxar Technologies shows the Isfahan nuclear technology center in Iran after US strikes Recent US intelligence reports reveal that military operations have substantially impacted Iran’s nuclear capabilities, setting it back approximately two years, according to Pentagon sources, quoted by AFP on Wednesday.Pentagon spokesperson Sean Parnell informed reporters, “We have degraded…

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Market pulse: Asian stocks edge up as investors brace for US jobs data; oil slips on demand worries

Representative image (Picture credit: AP) Asian shares inched higher on Thursday as investors awaited key US jobs data expected later in the day, hoping it would pave the way for interest rate cuts by the Federal Reserve. The modest uptick in regional equities followed record closes on Wall Street after US President Donald Trump announced…

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China targets India’s mfg sector, delays machinery delivery, pulls iPhone engrs

NEW DELHI: In what has the potential to disturb India’s strong march in manufacturing, tensions with China have seen the neighbouring country delay delivery of critical machinery while ordering the pullout of some of its citizens from Indian factories, including those engaged in engineering and manufacturing jobs at Foxconn, Apple’s contract manufacturer.This comes just as…

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