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RBI raises collateral-free loan limit for MSEs to Rs 20 lakh to boost credit access
09
Feb
By The Press Editor
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Business

RBI raises collateral-free loan limit for MSEs to Rs 20 lakh to boost credit access

The RBI has amended MSME lending rules to raise the collateral-free loan limit for micro and small enterprises to Rs 20 lakh, aiming to improve last-mile credit access. The revised norms will take effect from April 1, 2026. New Delhi: The Reserve Bank of India (RBI) on Monday announced amendments to its lending directions for the micro, small and medium enterprises (MSME) sector, raising the collateral-free loan limit for micro and small enterprises (MSEs) to Rs 20 lakh in a move aimed at improving access to institutional credit for smaller businesses. Collateral-free loans mandated up to Rs 20 lakh Under…
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FMCG stock in focus as company expands equity base after warrant conversion, bonus issue: Check details
09
Feb
By The Press Editor
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FMCG stock in focus as company expands equity base after warrant conversion, bonus issue: Check details

The board approved the allotment of 77.18 lakh equity shares to 21 warrant holders, raising about Rs 86.83 crore from the final tranche of warrant payments. Mumbai: Shares of consumer staples and rice processing company GRM Overseas are in focus as the company has shared details about the significant expansion of its equity capital. As per the information available, the company has concluded the conversion of all outstanding warrants along with the allotment of additional bonus shares. The company, in an exchange filing, said that its board has approved the allotment of 77,18,000 equity shares with each having a face…
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‘World doesn’t want India to produce’: Vedanta Group Chairman Anil Agarwal on India’s oil import
09
Feb
By The Press Editor
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‘World doesn’t want India to produce’: Vedanta Group Chairman Anil Agarwal on India’s oil import

Vedanta Group Chairman Anil Agarwal has called for a radical shift in India’s energy strategy, urging the government to move from "heavy regulation to facilitation" to unlock the nation's untapped hydrocarbon potential. New Delhi: Noted industrialist and Vedanta Group Chairman Anil Agarwal on Monday said that the world doesn’t want India to produce but only wants it to be a market. "The world doesn’t want India to produce. It only wants India to be a market. But only domestic production creates jobs, which is proven in other parts of the world. We must push back. We must fight to be…
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RBI holds repo rate at 5.25%: What does it mean for the real estate? Find out
09
Feb
By The Press Editor
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Business

RBI holds repo rate at 5.25%: What does it mean for the real estate? Find out

According to experts, developers, investors and homebuyers benefit from steady borrowing costs, improved planning visibility and sustained confidence across residential, commercial and mixed-use projects. New Delhi: The Reserve Bank of India on February 6, 2026, kept the repo rate unchanged at 5.25 per cent, opting to maintain a neutral policy stance amid easing inflationary pressures and a strong growth outlook. The pause comes after a cumulative 125 bps reduction in policy rates throughout 2025, underlining the central bank’s intent to allow the impact of earlier easing to fully transmit into the economy. With headline inflation remaining within the RBI’s comfort…
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Supreme Court terms digital fraud absolute ‘dacoity’, seeks timely actions from RBI, banks
09
Feb
By The Press Editor
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Business

Supreme Court terms digital fraud absolute ‘dacoity’, seeks timely actions from RBI, banks

The top court noted that the RBI has already crafted a Standard Operating Procedure (SoP) directing banks to temporarily block debit cards and take immediate preventive steps once digital fraud is detected. Mumbai: The Supreme Court on Monday asked the Reserve Bank of India (RBI) and other banks to take timely action in the cases of digital arrests. Describing the siphoning of over Rs 54,000 crore by digital frauds as absolute "robbery or dacoity", the top court said that such incidents couldn't have occurred without possible collusion or negligence on the part of bank officials. The court also asked the…
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NBFC stock in focus on strong YoY assets under management growth – Check share price, other details
09
Feb
By The Press Editor
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Business

NBFC stock in focus on strong YoY assets under management growth – Check share price, other details

Despite the positive operational update and record-high quarterly PAT (profit after tax) of Rs 663 million, the stock traded lower during the session. Mumbai: Shares of non-banking financial company (NBFC)Paisalo Digital Ltd are in focus today as the company has informed exchanges that its assets under management (AUM) have reached Rs 55,082 million. This is an increase of 16 per cent compared to Rs 47,488 million in Q3FY25. The company also said that disbursements for the quarter ended December 31, 2025, also rose by 7 per cent YoY (year-on-year), totalling Rs 10,574 million. Amid this, the stock opened in the…
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IT stock surges over 17% as company plans to invest up to USD 1 billion in AI-powered data centers: Details
09
Feb
By The Press Editor
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Business

IT stock surges over 17% as company plans to invest up to USD 1 billion in AI-powered data centers: Details

Shares of the company are in focus on February 9 after it announced plans to invest up to USD 1 billion in building a nationwide network of AI-native data centres with a total capacity of up to 800 MW. Mumbai: Shares of cybersecurity solutions provider Blue Cloud Softech Solutions Ltd. (BCSSL) are in focus today, i.e. on February 9, 2025, as the company has announced a strategic plan to invest up to USD 1 billion in a nationwide network of next-generation, AI-native data centres. The investment will be made in a phased manner and aims at establishing up to 800…
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Gold gains Rs 3,049, silver surges by 6% on MCX | Check city-wise rates and key levels
09
Feb
By The Press Editor
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Business

Gold gains Rs 3,049, silver surges by 6% on MCX | Check city-wise rates and key levels

Gold Price Today, Gold MCX Rate: Gold and silver prices surged on February 9, 2026, with MCX gold hitting Rs 1,58,500 and silver futures jumping nearly 6 per cent. Discover the latest 24k and 22k gold rates in Delhi, Mumbai, and other major cities amid a global bullion rally. Mumbai: Rates of precious metals in futures trade surged on Monday, February 9, 2026, amid a surge in international bullion prices. The gold April 2 contract on the Multi Commodity Exchange (MCX) opened with a gain of Rs 549 or 0.35 per cent at Rs 1,56,000 per 10 grams against the…
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Market Opening Bell: Sensex surges almost 600 points, Nifty near 25,900, SBI jumps 6%
09
Feb
By The Press Editor
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Business

Market Opening Bell: Sensex surges almost 600 points, Nifty near 25,900, SBI jumps 6%

Sensex, Nifty Today: In early trade, market breadth was positive, with 1,905 stocks advancing against 420 stocks declining on the NSE. 118 stocks remained unchanged. Mumbai: Indian equity benchmark indices, the Sensex and Nifty, opened in the green on Monday, February 9, 2026, amid strong global cues. While the 30-share BSE Sensex surged 597.11 points to start the session at 84,177.51, the Nifty added 195 points to open at 25,888.70. In the last trading session, the Sensex closed at 83,580.40 and the Nifty 50 at 25,693.70. Similarly, the broader indices traded in the green in the opening session. While the…
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