RBI’s new NBFC draft: PSUs with Rs 1 lakh crore assets set for 'upper layer' status; Tata Sons listing in focus - Markets

RBI’s new NBFC draft: PSUs with Rs 1 lakh crore assets set for ‘upper layer’ status; Tata Sons listing in focus – Markets

The Reserve Bank of India (RBI) proposed a significant overhaul of the criteria implemented to identify upper layer non-banking finance companies (NBFCs), shifting towards a straightforward asset-size-based approach instead of the previous parametric system and inclusion of state-run entities. According to the draft ‘Reserve Bank of India (Non-Banking Financial Companies’ Registration, Exemptions and Framework for…

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Stocks to Watch for April 6: PNB, Tata Motors PV, RBL Bank, Rail Vikas Nigam and more

Gujarat State Petronet receives tax rectification order; FY24 assessed income cut to ₹1,435 crore

Gujarat State Petronet Limited said on Friday, April 10 that it has received a rectification order under Section 154 of the Income Tax Act, 1961, dated April 9, 2026, revising its assessed income for the assessment year 2024–25 (FY 2023–24). The order, issued by the Assistant Commissioner of Income Tax, Gandhinagar Circle, rectifies the earlier…

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AstraZeneca Pharma gets CDSCO nod to import leukaemia drug Calquence 100 mg tablets

AstraZeneca Pharma gets CDSCO nod to import leukaemia drug Calquence 100 mg tablets

Drug firm, AstraZeneca Pharma India Ltd, on Friday (April 10), said it has received permission from the Central Drugs Standard Control Organisation (CDSCO) to import acalabrutinib tablets 100 mg, marketed as Calquence, for an additional indication in India. The approval was granted on April 9, 2026, by the CDSCO under the Directorate General of Health…

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Dow Jones, S&P, Nasdaq open higher on hopes of Iran de-escalation

Wall Street opens higher as inflation meets estimates; weekend Iran talks in focus

US stocks opened Friday’s session higher after March inflation data largely met expectations, even as energy prices surged sharply. Investors are also watching if upcoming weekend talks can bring more clarity to the fragile Iran ceasefire. The Dow Jones Industrial Average rose about 0.3%, while the S&P 500 and Nasdaq Composite also gained around 0.3%…

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Gold Price Outlook 2026 After Record Highs And Sharp Correction Explained By Axis Mutual Fund

Indian households hold nearly $5 trillion in gold, more than top 10 central banks combined: ASSOCHAM

Indian households have accumulated more gold over the years than the combined reserves of the world’s top 10 central banks, according to a report by ASSOCHAM, underscoring the vast scale of privately held wealth in the country. The industry body estimates that Indian households collectively hold nearly $5 trillion worth of gold, making it one…

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