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.

Several Air India flights diverted or returning back as Iran-Israel conflict escalates

IANS | June 13, 2025 9:41 AM

New Delhi, June 13 (IANS) Air India on Friday said that owing to the emerging situation in Iran, several international flights to the US, the UK and Canada were either being diverted or returning to their origin. The advisory came after escalating hostilities between Iran and Israel and the uncertainties over the airspace in the region.