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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 bankโ€™s intent to allow the impact of earlier easing to fully transmit into the economy. With headline inflation remaining within the RBIโ€™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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Suzlon Energy share price: Renewable energy stock witnesses profit booking after strong quarterly results
09
Feb
By The Press Editor
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Business

Suzlon Energy share price: Renewable energy stock witnesses profit booking after strong quarterly results

Suzlon Energy share price: Renewable energy solutions provider's consolidated net profit was Rs 388 crore for the quarter ended December 31, 2024. Mumbai: Shares of renewable energy solutions provider Suzlon Energy are in focus as the company has posted a nearly 15 per cent rise in its consolidated net profit to Rs 445 crore in the October-December quarter. Following this, the stock opened in green at Rs 48.26 against the previous close of Rs 48.04 on the BSE. It gained further to touch the high of Rs 48.44, representing a gain of 0.83 per cent, before falling amid profit booking…
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Cheapest home loan: Which govt bank is offering lowest rates? Check complete list here
08
Feb
By The Press Editor
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Business

Cheapest home loan: Which govt bank is offering lowest rates? Check complete list here

Owning a home is a cherished dream for every Indian, but rising inflation and the scarcity of affordable financing have made it increasingly difficult. However, a home loan can help bridge this gap. Let's take a look at the current home loan interest rates offered by banks. New Delhi: Every Indian dreams of owning a home, but the biggest hurdle between this dream and reality is the home loan interest rate. When people think of buying a house, government banks are often the first option that comes to mind. Even a slightly higher interest rate can lead to higher EMIs…
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SBI Life-backed NBFC firm announces quarterly results, shares end volatile session in green
06
Feb
By The Press Editor
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Business

SBI Life-backed NBFC firm announces quarterly results, shares end volatile session in green

Net profit of the company jumped 30 per cent compared to the September quarter, while revenue from operations rose to Rs 240.1 crore. Mumbai: SBI Life-backed NBFC firm Paisalo Digital has announced its quarterly results for the October-December quarter of the financial year 2025-26. According to the information shared with exchanges, the company has posted a 6.25 per cent rise in consolidated profit after tax (PAT) to Rs 66.3 crore in the quarter under consideration, compared to Rs 62.4 crore in the year-ago period. On a sequential basis, the net profit of the company increased 30 per cent as it…
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