Canara Bank, Bank of Baroda among 7 bank

ICICI Securities initiated coverage on seven public sector banks with upside potential. Bank of Maharashtra and Union Bank of India show the highest upside projections. Indian Bank also received a Buy rating and a target price. Punjab National Bank and Bank of India are rated Add with moderate upsid

Indian government bonds saw a notable rise on Wednesday morning, propelled by falling oil prices that created a favorable outlook for inflation prior to the upcoming RBI policy announcement. The Reserve Bank of India is anticipated to hold steady on key interest rates. Inflation projections will sig

RBI Monetary Policy LIVE: Track RBI Monetary Policy LIVE with repo rate decision, Governor Sanjay Malhotra's speech, MPC announcements, market reaction, and key updates.

The RBI is widely expected to keep the repo rate at 5.25%, shifting attention to its inflation outlook, signals on future rate increases, the rupee and liquidity.

At present, third-party insurance for new cars is mandatory for three years, while new two-wheelers require five-year coverage. The Supreme Court had prescribed these periods in 2018.