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The grey market discount has gone beyond $200 per ounce, or more than 4%, said a Mumbai-based bullion division head at a private gold importing bank, adding that banks were unable to offer even a $10 discount, let alone one of three digits

Legal experts are stressing increased due diligence on part of buyers, while they also added that clarifications to various laws and establishing the primacy of processes is also vital, such as in the IBC-SARFAESI conflict

Founders Aadit Palicha and Kaivalya Vohra were asked to furnish details on overseas investments, shareholding patterns, bank accounts, tax returns and Zepto's business structure, according to the company's updated DRHP.

Japanese government bond yields are climbing. Investors are selling bonds as the Bank of Japan prepares for a potential interest rate increase. This move follows global trends of rising yields due to inflation concerns. The benchmark 10-year JGB yield has seen a significant rise. Market watchers anticipate a 25 basis point hike at the upcoming central bank meeting.

India has unveiled a package aimed at supporting the rupee without resorting to capital controls, a move seen as more market-friendly than during the 2013 currency crisis when overseas remittance limits were tightened. Instead, authorities are encouraging state-owned firms and banks to raise dollars abroad and bring them back to India, while offering concessions on hedging costs.

In a communique to banks on Friday evening, the Department of Financial Services sought data on value and quantity of gold metal loans (GMLs), number of customers, international gold suppliers as well as portfolio size, quantum of collateral and numbers of borrowers, two persons told ET.

Banks tend to see senior citizens as high-risk borrowers, and the eligibility conditions and terms they face are considerably stricter than those for regular applicants.

The Delhi-based company has developed few projects so far, including an industrial township, and holds a land bank of more than 300-acre for future real estate projects.

Central Bank of India awards Dynacons a Rs 125.88 cr contract for cloud and AI expansion; learn more about this five-year project.

Geojit Financial Services recommended accumulate rating on Karur Vysya Bank with a target price of Rs 323 in its research report dated Jun 05, 2026.