RBI's breather on gold loans to spur growth in NBFCs: Report

IANS | June 13, 2025 2:27 PM

Mumbai, June 13 (IANS) The increase in the loan-to-value (LTV) ceiling provided in the RBI's final directions on gold loans will support the growth of non-banking financial companies (NBFCs) offering them, according to a Crisil report released on Friday.

Israel-Iran conflict triggers surge in global oil prices

IANS | June 13, 2025 12:58 PM

New Delhi, June 13 (IANS) Oil prices in the international market jumped by more than 9 per cent on Friday after Israel’s attack on Iran’s nuclear facilities and missile production sites led to a further escalation in geopolitical tensions in the Middle East.