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RBI to issue new norms soon to rev up corporate bond market

Feb 6, 2026

Mumbai, Feb 6 (IANS) As part of the move to develop a corporate bond market, the RBI plans to issue a regulatory framework soon to enable the introduction of derivatives on credit indices and total return swaps on corporate bonds.RBI Governor Sanjay Malhotra said that an active derivatives market can facilitate efficient management of credit risks,…

Bitcoin extends losses down 6 pc, tracking global weakness in tech stocks

Feb 6, 2026

Mumbai, Feb 6 (IANS) World’s largest cryptocurrency Bitcoin extended losses on Friday, falling over 6 per cent to about $66,198 as risk aversion, heavy liquidations, weakness in technology stocks, and fears of tighter US monetary policy…

Business

Railway tunnel on Siliguri corridor to strengthen Northeast’s connectivity with rest of…

Feb 6, 2026

Guwahati, Feb 6 (IANS) Assam Chief Minister Himanta Biswa Sarma on Friday welcomed the proposed underground railway tunnel through the Siliguri Corridor, describing it as a game-changing initiative that would further strengthen connectivity…

Business

Gold, silver prices slip amid profit booking, dollar gains

Feb 6, 2026

Mumbai, Feb 6 (IANS) Gold prices fell moderately, while silver lost over 3 per cent on Friday due to a stronger dollar and a rout in global technology stocks.MCX gold February futures fell 0.97 per cent to Rs 1,50,590 per 10 grams around…

Business

RBI to issue new rules for banks to compensate customers in case of fraud

Feb 6, 2026

Mumbai, Feb 6 (IANS) RBI Governor Sanjay Malhotra announced on Friday that the RBI is drawing up fresh rules on compensation for customers of banks in case of small-value fraudulent transactions.The extant instructions on limiting the…

Business

RBI raises growth forecast for Q1 and Q2 of 2026-27

Feb 6, 2026

Mumbai, Feb 6 (IANS) The Reserve Bank of India has raised its real GDP growth projections for Q1 and Q2 of 2026-27 to 6.9 per cent and 7.0 per cent, respectively, RBI Governor Sanjay Malhotra announced on Friday.Explaining the rationale…

Business

SEBI proposes to extend standing SWP, STP instructions to demat-held mutual funds

Feb 6, 2026

Mumbai, Feb 6 (IANS) The Securities and Exchange Board of India (SEBI) has proposed to allow investors to set up standing instructions for systematic withdrawal plans (SWP) and systematic transfer plans (STP) for mutual fund units held in…

Business

India’s growth cycle set to accelerate with continuing reforms: Morgan Stanley

Feb 6, 2026

New Delhi, Feb 6 (IANS) India’s growth cycle is set to accelerate backed by reflation effort of the RBI and the government via rate cuts, bank deregulation and liquidity infusion, continuing capex, tax cuts and relatively stimulating…

Business

RBI leaves repo rate unchanged, sticks to neutral policy stance

Feb 6, 2026

Mumbai, Feb 6 (IANS) RBI Governor Sanjay Malhotra announced on Friday that the Monetary Policy Committee has unanimously decided to keep the policy repo rate unchanged at the current level of 5.25 per cent and stick to the neutral monetary…

Business

Police set to question interim CEO of Coupang again over perjury allegations

Feb 6, 2026

Seoul, Feb 6 (IANS) The interim chief executive of Coupang, Harold Rogers, was set to undergo police questioning on Friday over perjury allegations related to his testimony to lawmakers last year, marking his second appearance before…

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