Category: Business

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Leela Hotels IPO allotment: The initial share sale of Schloss Bangalore received 4.50 times subscription on the last day of the three-day bidding process. Mumbai: Retail investors who applied for the Initial Public Offer (IPO) of Leela Palaces Hotels and Resorts owner Schloss Bangalore are now waiting for the allotment status. According to reports, the…

Mehta started his career in the Indian Administrative Service (IAS) in 1978 and later held prominent roles in the energy and policy sectors. New Delhi: IndiGo, the country’s largest airline, has announced the appointment of former IAS (Indian Administrative Service) officer Vikram Singh Mehta as the new chairman. Mehta has been a Member of the…

Fire and engineering insurance protects against a wide range of risks that can disrupt your business, including fire, explosion, or implosion, strikes, riots, and malicious damage, natural disasters like storms, floods, earthquakes and even bushfires etc. New Delhi: Fire and Engineering insurance is more essential than ever in today’s world of rising operational risks and…

The Centre has amended pension rules to deny retirement benefits to PSU employees dismissed for misconduct, aiming to boost accountability and curb corruption. New Delhi: In a significant policy update affecting lakhs of central government employees, the Union Government has announced a major amendment to the pension rules under the Central Civil Services (Pension) Rules,…

The approach to health insurance significantly changes with age. For parents below 60, policies are relatively cheaper and come with broader features. New Delhi: In a country like India where medical inflation outpaces general inflation, securing your family’s health is not just a matter of emotional responsibility — it’s also a strategic financial move. This…

Should you invest a lump sum amount at once, or should you opt for a Systematic Investment Plan (SIP)? Let’s find out which is best for volatile market. New Delhi: The stock market has seen very volatility over the past few months, leading to considerable losses for many investors. In such uncertain times, if you…

The Sensex opened 0.66 per cent or 537 points higher to 82,270, the Nifty gained 0.62 per cent or 154 points to 24,999. Powergrid, M&M, Tata Motors and NTPC are top early gainers among individual stocks. Mumbai: In a piece of good news for the share market investors, the Indian stock market opened in…

On Wednesday, the Central Consumer Protection Authority (CCPA) issued a notice to Uber for allegedly “forcing or nudging” users to pay advance tips for faster service. New Delhi: A day after ride-hailing platform Uber received a notice from the Central Consumer Protection Authority (CCPA) over its ‘Advance Tip’ feature, Union Consumer Affairs Minister Pralhad Joshi…

The International Monetary Fund (IMF) projects that India will remain the fastest-growing major economy over the next two years. New Delhi: India has surpassed Japan to become the fourth-largest economy in the world, reaching a nominal GDP of USD 4 trillion, according to NITI Aayog CEO BVR Subrahmanyam. India was the fifth-largest economy in the world till…

The threat delivered over social media could dramatically increase the price of iPhones, potentially hurting sales and the profits of one of America’s leading technology companies. Washington: US President Donald Trump on Friday threatened to put a 25 per cent tariff on Apple products if the company continues to manufacture iPhones in “India or anyplace…

CBT recommended an 8.25% annual rate of interest to be credited on EPF accumulations in members’ accounts for the financial year 2024-25. The interest rate would be officially notified by the Government of India, following which EPFO would credit the rate of interest into the subscribers’ accounts. New Delhi: The government has officially ratified an…

The transferable surplus for the year (2024-25) has been arrived at on the basis of the revised Economic Capital Framework (ECF) as approved by the Central Board in its meeting held on May 15, 2025, RBI said. New Delhi: The Reserve Bank has announced a whopping Rs 2.69 lakh crore dividend to be paid…

Borana Weaves IPO allotment status: According to NSE data, the initial share sale received bids for 54,88,84,443 shares against 36,89,457 shares on offer. The Rs 144.89 crore IPO has a price range of Rs 205-216. Mumbai: Borana Weaves IPO allotment status: The initial public offering (IPO) of Borana Weaves received a good response from investors…

8th Pay Commission: For the uninitiated, the minimum basic salary under the 7th Pay Commission increased from Rs 7,000 to Rs 18,000. This was because of the fitment factor of 2.57. New Delhi: 8th Pay Commission: The central government is expected to approve the terms of reference for the 8th Pay Commission soon. According to…

According to a report, the capital value appreciation outpaced rental value growth in several key micro-markets between 2021 and 2024, with Noida Sector 150 in the NCR leading the pack. New Delhi: The Indian real estate market has demonstrated an upward growth post-pandemic, with residential property sales across the top seven cities showcasing a robust…

PFC Share Price, PFC Dividend 2025: The net profit has surged to Rs 8,357.88 crore from Rs 7,556.43 crore in the corresponding quarter of the last fiscal. Mumbai: State-owned Power Finance Corporation (PFC) has declared its financial results for the quarter ended March 31. According to an exchange filing, the Maharatna company has  reported…

Income Tax Return: The Central Board of Direct Taxes (CBDT) has also released most of the ITR forms, ranging from Sahaj, Sugam, ITR-2, ITR-7 to ITR-U. New Delhi: Income Tax Return: The Time has come when people need to start gearing up to submit Income Tax Return (ITR) for the assessment year 2025-26. The Central…

Gold has long held the reputation of being a ‘safe haven’ asset. Historically, its performance has surged during periods of geopolitical unrest or economic crisis. Mumbai: When the markets turn turbulent, investors often find their investing beliefs challenged. During such periods of heightened volatility, the instinctive response is to retreat to safer ground -typically, into…

Credit cards have an associated merchant discount rate (MDR) of 2-3 per cent that either erodes merchant margins or gets indirectly transferred to customers. Mumbai: India’s Unified Payments Interface (UPI) continues to dominate the digital payments landscape, and this is evident by the fact that UPI transaction volumes surged to 93.23 billion in the second…

As of May 19, 2025, the Belrise Industries IPO GMP (Grey Market Premium) stands at Rs 4.25 per share, according to the Investorgain website. With the upper price band at Rs 90, the expected listing price could be Rs 94.25. New Delhi: After a tepid start to 2025, the primary market is gaining some momentum…

The IMF report has shown the total size of the federal budget at Rs 17.6 trillion, including Rs 1.07 trillion for development spending. New Delhi: The International Monetary Fund (IMF) has slapped 11 new conditions on Pakistan for the release of the next tranche of its bailout programme. According to a media report, the agency…

Using just one credit card can restrict your ability to make certain purchases if you hit the credit limit. On the other hand, owning multiple credit cards comes with both advantages and disadvantages. Let’s explore them. New Delhi: Credit cards have become a widely used financial tool today. Many individuals choose to own more than…

The India-UK FTA has reduced customs duties on Scotch whisky, offering significant cost advantages to Indian premium whisky makers like Radico Khaitan, Allied Blenders & Distillers, and John Distilleries. These companies expect better margins and accelerated growth due to lower input costs. New Delhi: Indian premium whisky makers are hopeful that duty concessions on Scotch…

A good credit score is more than just a number — it’s a gateway to financial flexibility, savings, and even professional opportunities. So, whether you are planning a major purchase or eyeing a job in the financial sector, keeping your credit score in top shape can truly pay off. New Delhi: When you apply for…

Market analysts attribute the fall to a cooling global trade war and waning demand for safe-haven assets like gold. As geopolitical tensions ease, investors are shifting focus away from traditional safety nets, leading to the current correction in gold prices. New Delhi: The decline in gold prices was seen for the second consecutive day on…

Recent estimates show that Maharashtra’s Gross State Domestic Product (GSDP) stands at Rs 42.67 lakh crore, translating into USD 490 billion. Tamil Nadu’s GSDP is Rs 31.55 lakh crore, i.e., USD 329 billion. New Delhi: While India has successfully shown the world its military edge over Pakistan by launching Operation Sindoor and tackling Pakistan in…

If tech major decides to move its manufacturing from India to the United States or another Western country, it will face higher labour costs, causing production expenses to surge. New Delhi: US President Donald Trump has asked Apple CEO Tim Cook to stop building in India as “India can take care of themselves.” While Trump…

Apple remains committed to India as a key manufacturing hub, dismissing Trump’s call to halt iPhone production abroad. New Delhi: Apple Inc. has reiterated its commitment to India as a key manufacturing base, brushing off recent remarks by US President Donald Trump urging CEO Tim Cook to halt iPhone production in India and bring operations…

Platforms offering digital gold loans, especially those using Lending Service Providers or NBFC partnerships, must now comply with all the new clear accountability norms. New Delhi: Amid growing concerns in the digital lending sector, the Reserve Bank of India (RBI) has issued the Digital Lending Directions, 2025. It has consolidated and updated guidelines to enforce…

The central bank has projected the CPI inflation for the financial year 2025-26 at 4 per cent, with Q1 at 3.6 per cent; Q2 at 3.9 per cent; Q3 at 3.8 per cent; and Q4 at 4.4 per cent. New Delhi: Retail inflation eased to a nearly six-year low of 3.16 per cent in April,…

One key factor currently cooling gold prices is the easing of global inflation pressures, particularly in the United States, where annual inflation declined to 2.3 per cent in April 2025—the lowest rate observed in over four years. New Delhi: As Indian investors, we have historically placed significant trust in gold, viewing it as a reliable…

A mutual fund is an investment vehicle that allows individuals to participate in various financial markets such as equities (stock market), debt (bond market), commodities, real estate, and even InVITs (Infrastructure Investment Trusts). New Delhi: Investing is an important step towards achieving your financial goals. Not just that, investing helps you create a corpus for…

Term insurance’s primary purpose is income replacement during a person’s active earning years. If a family depends on your income, term insurance ensures they’re not left financially vulnerable in your absence. New Delhi: Term insurance has long been considered the bedrock of financial security, offering pure protection without the frills of savings or investment. Unlike…

Advance planning helps consolidate essential services like travel insurance, airport transfers, forex cards, and SIM connections. Students must also research what discounts are available in their destination. New Delhi: Studying abroad is a dream for many Indian students, but without careful planning, it can become financially overwhelming. As per the Indian Student Mobility Report 2024,…

Over the past decade, malls have undergone a striking transformation—from traditional shopping centres built around anchor stores to ‘experience-first’ destinations designed to captivate and engage. New Delhi: In the Indian retail sector, retail spaces are emerging as the anchors, blending retail, entertainment, dining, and social engagement. They have morphed into vibrant, multi-sensory destinations where consumers…

Under the Income Tax regulations, exchanging an old residential flat itself is regarded as an event triggering income tax liability. New Delhi: There have been incidents where builders or developers decide on a reconstruction when old buildings developed by them begin to deteriorate. In such cases, the flat owners of such buildings agree to the…

There are many schemes run by the government, such as Public Provident Fund, Sukanya Samriddhi Yojana and Senior Citizen Savings Scheme. These deliver returns of 7-8 per cent. New Delhi: Fixed deposits, bonds, debt mutual funds, PPF, senior citizen saving scheme – what’s common about these savings schemes? They are all forms of fixed income…

PSU Stock in Focus: However, the Maharatna Central Public Sector Enterprises (CPSE) has not disclosed financial details of the project. Mumbai: PSU Stock in Focus: Shares of state-owned gas utility GAIL (India) Ltd are expected to be in focus when the market opens on Monday as the company has signed a memorandum of understanding (MoU)…

Operation Sindoor: The shutdown of airports across the country is a precautionary security measure in response to broader national concerns, particularly due to escalating tensions along the India-Pakistan border. New Delhi: Amid escalating tensions between India and Pakistan, 27 airports across northern, western, and central India have been shut down until 5:29 am on Saturday…

Finance Minister Nirmala Sitharaman on Friday held a high-level meeting with the heads of public and private sector banks, insurance firms, and senior government officials to assess the financial sector’s readiness amid heightened border tensions. New Delhi: Union Finance Minister Nirmala Sitharaman on Friday chaired a high-level meeting with the heads of public and private…

Panic buying was primarily observed in states bordering Pakistan, where residents rushed to stock up on essential commodities like fuel and LPG amid rising border tensions. New Delhi: Amid rising India-Pakistan tension, Indian Oil Corporation (IOC), the nation’s largest oil firm, on Friday assured the public that there is no need for panic buying, stating…

Ajay Banga will visit Uttar Pradesh tomorrow to witness the remarkable transformation of Uttar Pradesh, the state government said on Thursday. New Delhi: World Bank President Ajay Banga today met Prime Minister Narendra Modi as tension continues to escalate between Indian and Pakistan post the terror attack in Pahalgam. The meeting between PM Modi and…

Pakistan Stock Market, Karachi Stock Exchange Today: Meanwhile, the Indian government said that Operation Sindoor is still going on. New Delhi: Pakistan Stock Market, Karachi Stock Exchange Today: Pakistan stock market plunged on Thursday, a day after India carried out strikes at nine locations inside Pakistan and Pakistan-occupied Kashmir (PoK) to avenge the Pahalgam terrorist…

The company’s revenues increased 8 per cent to Rs 147.46 crore in the fourth quarter from Rs 136.65 crore in the same period last fiscal. Mumbai: Servotech Renewable Power System has announced its financial results for the fourth quarter of the FY25. According to the information shared, the company’s consolidated net profit rose 127.11 per…

Operation Sindoor: According to one of the sources, more than 200 flights to and from various airports have been cancelled by airlines. Mumbai: Operation Sindoor: Amidst heightened India-Pakistan tensions following Operation Sindhu, more than 200 flights have been cancelled, and at least 18 airports, including Srinagar, have been temporarily shut for operations. The decision comes…

In a major decision which could have a significant social impact, the Haryana Cabinet has decided that no sub-vend shall be permitted in villages with a population of 500 or less. Chandigarh: Haryana Cabinet has approved the Excise Policy for 2025-27. The policy will come into effect from  June 12, 2025 and will remain in…

Today, the benchmark indices witnessed selling pressure at higher levels. The Nifty ended 82 points lower while the Sensex was down by 156 points. Mumbai: Market Closing Bell: Equity benchmarks indices, Sensex and Nifty, ended Friday’s session in the red amid selling pressure. The Sensex slipped 155.77 points or 0.19 per cent to settle at…

As per the information available on the BSE, the stock has given a multibagger return of 363.96 per cent in five years. However, it has corrected 4.87 per cent in one year. Mumbai: Shares of State Bank of India (SBI), India’s largest PSU bank, are under pressure today, i.e. on May 5, 2025. The dip…

Market Closing Bell: Sensex ends 295 points higher, Nifty tops 24,450 amid foreign inflows Mumbai: Market Closing Bell: Equity benchmarks indices, Sensex and Nifty, ended Friday’s session in the green. The Sensex slipped 252.19 points from the day’s high to settle at 80,796.84, a gain of 294.85 points or 0.37 per cent from the previous…

Rs 2,000 notes update: The Reserve Bank of India (RBI) announced the withdrawal of Rs 2,000 denomination banknotes from circulation on May 19, 2023. New Delhi: According to official data of the Reserve Bank of India, Rs 2,000 notes worth Rs 6,266 crore are still in circulation. It is worth mentioning that the central bank…

Airtel was holding discussions with the salt-to-software conglomerate for a merger of Bharti Telemedia, which offers cable and satellite television services, with Tata Play. New Delhi: Bharti Airtel and Tata Group have called off their merger talks for their direct-to-home (DTH) businesses, Bharti Telemedia and Tata Play. The decision comes after both parties were unable…

Apple iPhone: Cook said the company made quarterly records in several countries, including India. The company, however, recorded the seventh straight quarter of sales decline in China where it produced the largest volume of iPhones. Mumbai: In a major announcement, Apple CEO Tim Cook said that the company will source the majority of the iPhones…

India’s forex reserves surge USD 1.98 billion to USD 688.13 billion

As per the recent report by Fintech Association for Consumer Empowerment (FACE) 84 per cent of lenders in India now combine alternative data with traditional credit checks to assess borrower risk. New Delhi: Traditional bureau credit scores have long been the primary factor in determining a borrower’s creditworthiness for retail lending. However, this often leaves…

Market Closing Bell: Sensex ends 260 points higher, Nifty holds 24,300 after volatile trade Mumbai: Market Closing Bell: Equity benchmarks indices, Sensex and Nifty, ended Friday’s session in the green. The Sensex slipped 675.94 points from the day’s high to settle at 80,501.99, which is 259.75 points or 0.32 per cent higher than the previous…

Once completed, the new elevated road will offer a direct route for airport and Gurugram-bound passengers, reducing traffic on the ring road and the stretch of NH-8 from Dhaula Kuan to Gurugram. New Delhi: Here comes a piece of good news for the commuters in the National Capital Region as the Union Ministry of…

Of these shares, Kapoor has bought 1,61,300 shares worth Rs 5 crore, Khan picked up 1,29,050 shares to the tune of Rs 4 crore, and Karan Johar purchased 4.85 lakh shares for Rs 1.5 crore. Mumbai: Bollywood actors like Aamir Khan and Ranbir Kapoor along with Indian cricket players such as Rohit Sharma and Jasprit…

Pakistani market experts attributed the decline in the Pakistan Stock Exchange to reports suggesting a potential attack in the coming days. Islamabad: Amid growing speculation of a potential military action, the Pakistan Stock Exchange (PSX) tumbled by 3,545 points on Wednesday, fueled by concerns over a possible Indian strike following the recent terror attack in…

Zero Depreciation vs Comprehensive Car Insurance: Zero Depreciation is an add-on that ensures depreciation isn’t deducted during claims, helping you get the full cost of parts replaced. New Delhi: Owning a vehicle is no longer a luxury, it is a necessity. But having one has its challenges, as any unfortunate incident may lead to damage…

The price revision will be effective from April 30, 2025, across its market, a company official said on Tuesday. New Delhi: Mother Dairy on Tuesday announced a Rs 2 per litre hike in milk prices across all operating markets, including Delhi-NCR, to partly offset rising input costs. The price increase is applicable for…

Real estate, as an asset class, has always had a magnetic pull. Its tangible nature makes people feel more secure, which often drives decisions emotionally. New Delhi: Akshaya Tritiya has always been associated with prosperity and new beginnings. Traditionally, buying gold has been considered highly auspicious on this day as it is believed that doing…

As the Reserve Bank of India (RBI) has approved a hike in ATM interchange fees, now the customers will have to pay a little extra while withdrawing cash from ATMs from May 1. New Delhi: Attention bank customers. Starting from ATM withdrawal charge to FD interest rates, a list of financial changes will come into…

Indian Railways: Starting May 1, passengers with waiting list tickets will no longer be allowed to travel in sleeper or AC coaches due to new rules. New Delhi: Indian Railways has announced a major change affecting crores of passengers. Starting May 1, stricter rules will be implemented to improve the travel experience for those with…

The Reddit post had alleged that “in a recent internal huddle, leadership admitted we’re losing a good chunk of the market share to Zepto Cafe and Swiggy. The reaction? Panic and ridiculous new rules. New Delhi: Deepinder Goyal, Zomato Founder and Chief Executive Officer (CEO), has rejected an anonymous Reddit post alleging that things were…

The Insurance Amendment Bill, proposing a 100% FDI cap in the insurance sector, is expected to be introduced in the upcoming monsoon session of Parliament. Key features of the bill include allowing agents to sell products from multiple insurers and simplifying foreign investment rules. New Delhi: The Insurance Amendment Bill, which proposes increasing foreign direct…

This Akshaya Tritiya, ensure a safe and authentic gold purchase by checking HUID, hallmark, purity, and insisting on a certified bill. New Delhi: Akshaya Tritiya, one of India’s most auspicious festivals for purchasing gold and other precious items, will be celebrated on April 30 this year. Believed to bring prosperity and good fortune, the day…

EPFO Alert: The move is expected to benefit over 1.25 crore members, facilitating the transfer of around Rs 90,000 crore every year. New Delhi: To make provident fund (PF) account transfer easier on job change, retirement fund body EPFO has removed the requirement of approval from an employer in the majority of cases. “Now, with…

For the week ended April 18, foreign currency assets, a major component of the reserves, increased by USD 3.516 billion to USD 578.495 billion. New Delhi: Foreign exchange reserves or forex reserves of India continued to surge for the seventh consecutive week and rose USD 8.31 billion to USD 686.145 billion for the week ended…

Earlier, the company reported a net profit of Rs 16.76 crore in the October-December period of the preceding 2023-24 financial year, the company said in an exchange filing. Mumbai: Salasar Techno Engineering Ltd (STEL) has informed exchanges about that Infomerics Valuation and Ratings Pvt. Ltd. has revised the rating for the company’s long term…

Female travellers are more likely to purchase plans that provide coverage for trip cancellation, flight delay and unexpected medical assistance in foreign land. New Delhi: As the summer holiday season kicks into high gear, Indian travellers are packing their bags with a renewed sense of adventure—and also care. From loss of baggage to flight delays…

Meanwhile, Equity benchmark indices Sensex and Nifty declined in early trade on Thursday amid profit-taking after a seven-day rally and muted trend in Asian markets. Mumbai: Standard Capital Markets has informed exchanges that it is awaiting approvals from regulatory authorities, including the Reserve Bank of India (RBI), to explore international markets as part of a…

Around 25 people have asked tour operators to cancel their bookings for the Union Territory, said Gaurav Rathi, owner of Swan Travellers, a company located in Shankar Market, Outer Circle, Connaught Place. New Delhi: A day after the terror attack in Pahalgam, several travel agencies in the national capital said that nearly 90 per…

Meanwhile, the DGCA (Director General of Civil Aviation) has requested airlines to increase the number of flights to and from the city as there is a surge in the demand for air tickets from Srinagar. New Delhi: Pahalgam Terror Attack: Several tourists are cancelling their bookings in the Kashmir Valley after the Pahalgam terror attack…

According to the All India Sarafa Association, the precious metal of 99.9 per cent purity climbed Rs 1,800 to hit the lifetime peak of Rs 1,01,600 per 10 grams from Monday’s closing level of Rs 99,800 per 10 grams. New Delhi: Gold prices surged by Rs 1,800 to zoom past the psychological mark of Rs…

Experts believe that there is no such thing as a ‘right’ or ‘wrong’ time to start a SIP, because the success of a SIP isn’t dictated by market conditions. It’s driven by behaviour, consistency, and clarity of purpose. New Delhi: The market has been extremely volatile over the past few months, mainly because of US…

According to YEIDA, these plots have been reserved for farmers whose lands has been acquired/purchased for the planned development of Yamuna Expressway Industrial Development Authority and/or in Jewar Airport. Noida: YEIDA Residential Plot Scheme Registration: In a piece of good news for people dreaming of building a house near Noida International Airport, Yamuna Expressway Industrial…

According to a statement, the group is already in advanced talks for around 25 acres land parcels in one of the cities, with formal announcements expected next quarter. New Delhi: Real estate firm TREVOC Group has announced an expansion plan in Haryana and for this it will invest Rs 200 crore. According to the company,…

Education Loan: Repayment of an education loan typically begins one year after the completion of the course, providing students a grace period before they are required to start paying it back. New Delhi: These days, pursuing higher education can be quite costly, covering expenses like entrance exams, coaching, college fees, and living expenses. For professional…

According to YEIDA, 40 new companies have registered to invest in the Medical Device Park. These companies will manufacture equipment that is used for the prevention and treatment of serious diseases. New Delhi: YEIDA (Yamuna Expressway Industrial Development Authority) took a big decision on Thursday and said that the scope of the medical device park…

For the week ended April 11, foreign currency assets, a major component of the reserves, rose by USD 892 million to USD 574.98 bn. Expressed in dollar terms, the foreign currency assets include effect of appreciation or depreciation of non-US units like euro, pound andyen held in forex reserves. New Delhi: India’s foreign exchange (forex)…

Continued FII inflows and the forecast of an above-normal monsoon also contributed to the market’s outperformance relative to other emerging economies. New Delhi: Indian benchmark indices Sensex and Nifty have been surging for the last four trading sessions as investors turned buoyant after foreign investors returned to domestic equities. However, the sharp rebound in the…

It also said that an ‘Automatic Number Plate Recognition(ANPR)-FASTag-based barrier-less tolling system’ will be implemented at selected toll plazas. New Delhi: Amid reports that the Central government is going to introduce a satellite-based toll collection system, the Ministry of Road Transport and Highways (MoRTH) on Friday clarified that there is no final date for the…

With the announcement of the extension of the Yellow Line, Sonipat and neighbouring areas like Narela are expected to see a windfall of real estate business. New Delhi: The Ministry of Housing and Urban Affairs (MoHUA) has approved a plan to extend the Delhi Metro’s Yellow Line from Samayapuri Badli to Sonipat, via Nathupur. The…

The Lucknow Kanpur Expressway is being developed at a cost of Rs 4,700 crore and the budget is provided for the completion of the entire project, including major and minor bridges, underpasses, and flyovers. Lucknow: A 63-kilometer, 6-lane access-controlled highway connecting Lucknow and Kanpur in Uttar Pradesh, the Lucknow-Kanpur Expressway is designed to be expandable…

BluSmart Cab News: At the NSE, it slumped 5 per cent to Rs 116.54 – the lowest trading permissible limit for the day as well as an all-time low. Mumbai: BluSmart Cab News: Services of electric cab-hailing platform BluSmart remained non-operational in Delhi-NCR, Bengaluru, and Mumbai amid market regulator Sebi’s crackdown on its co-founder over…

No more FASTag: Recently, Union Minister Nitin Gadkari confirmed in Nagpur that the GNSS-based system will be rolled out by the end of April. After some delays, it was first expected to launch on April 1. Now, the Centre plans to begin the rollout within the next 15 days. New Delhi: Travelling on roads…

On technical parameters, the counter is trading higher than 5-day, 20-day, 50-day and 200-day moving averages but lower than 100-day moving averages. Mumbai: Infra-to-energy player Hazoor Multi Projects Limited (HMPL) has informed exchanges about the allotment of more than 1 lakh equity shares upon the conversion of warrants. According to the information shared with exchanges,…

The Reserve Bank has projected CPI inflation for the current fiscal year 2025-26 at 4 per cent. New Delhi: India’s retail inflation has dipped to a nearly six-year low of 3.34 per cent in March amid a decline in the prices of vegetables and protein-rich items. The Consumer Price Index (CPI) based inflation was 3.61 per…

The stock opened in green at Rs 115 on the BSE against the previous close of Rs 112.65. It gained further to touch the high of Rs 119 – a gain of 5.6 per cent from the previous close. Mumbai: Shares of aerospace and defence company Apollo Micro Systems Ltd (AMSL) are in action as…

With the latest round of reduction, the Repo Linked Lending Rate (RLLR) of SBI would come down by 25 basis points to 8.25 per cent. The SBI has also reduced the External Benchmark Based Lending Rate (EBLR) by similar basis points to 8.65 per cent. Here comes a piece of good news for the…

Hong Kong’s Hang Seng gained 2.4 per cent to 21,419.59, while the Shanghai Composite index jumped 0.9 per cent to 3,266.26 after the government reported that China’s exports surged 12.4 per cent in March from a year earlier. Shares of Asian tech companies rallied on Monday as US President Donald Trump said that electronics such…

The Health Ministry has mandated automatic issuance of CGHS cards to central government employees contributing to the scheme via salary deductions, even if they haven’t applied for it. This removes bureaucratic hurdles and ensures access to health benefits. CGHS card latest update: The Ministry of Health and Family Welfare has revised the rules related to…

Indian Railways has clarified that no changes have been made to Tatkal ticket booking timings, countering misleading social media posts. The IRCTC confirmed that the current timings—10 AM for AC classes and 11 AM for non-AC classes—remain unchanged, including for booking agents. IRCTC Latest Update: The Indian Railways, countering several misleading claims circulating on social…

Mid-cap mutual funds also continued to attract significant investor interest, with inflows of Rs 3,439 crore in March compared to Rs 3,406 crore in February. Amid stock market uncertainty due to the ongoing tariff that was started by US President Donald Trump, the net inflow of equity mutual funds (MFs) continued to decline for the…

In the April-February period, the IIP grew 4.1 per cent, down from 6 per cent recorded in the year-ago period. India’s industrial production growth slowed down to a six-month low of 2.9 per cent in February 2025, mainly due to poor performance of the manufacturing, mining and power sectors, according to official data released on…

The external affairs minister’s remarks came as Donald Trump’s policy on tariffs triggered massive trade disruptions and fears of a global economic recession. On Wednesday, Trump announced a 90-day pause on his sweeping tariffs on all countries. External Affairs Minister S Jaishankar on Friday (April 11) said that India is prepared for a high degree…

The central bank has not only slashed the repo rate but also shifted its policy stance from ‘neutral’ to ‘accommodative’, signaling a willingness for further rate cuts to bolster economic growth amid global uncertainties, particularly concerning tariff wars. India’s benchmark indices, the BSE Sensex and NSE Nifty 50, fell sharply on Wednesday despite the Reserve…

Any Employer can also use the same Umang App to generate UAN using Aadhaar Face Authentication Technology (FAT) for any new employee. In a piece of good news for employees, the Labour Ministry has said that those subscribing to social security schemes of the retirement fund body Employees’ Provident Fund Organisation (EPFO) can now generate…

Whether you prefer timeless traditional pieces or sleek modern styles, one should choose jewellery that suits his or her taste and intended use – for daily wear or special occasions. Gold is a part of our tradition and emotions, along with being one of the preferred investment options by many. But gone are the days…

Vande Bharat Express: The India Railways is likely to launch new Vande Bharat Express trains in election-bound states such as Bihar, Rajasthan, Jammu-Kashmir, and Bengaluru. However, these states are waiting for the final decision from the PMO. Here comes a big update for the Vande Bharat Express train passengers. The Indian Railways is planning to…

The project is projected to offset 21,000 metric tonnes of CO₂ emissions every year, significantly contributing to Jharkhand’s renewable energy targets. Gensol Engineering Limited has announced the successful commissioning of its ground-mounted solar power plant. This solar power plant has come up in Panchet town of Dhanbad district in Jharkhand.  According to information shares,…

Data shows that the scheme has addressed the needs of weaker or marginalised sections with 50 per cent of the loan accounts belonging to SC, ST and OBC. Today marks the completion of ten years of Pradhan Mantri MUDRA Yojana (PMMY), which was launched in April 2015. In the last 10 years, PMMY has…

The tock has fallen around 36 per cent so far this year and around 60 per cent in one year – reflecting weak sentiment and prolonged underperformance. Shares of smallcap non-banking financial company (NBFC), Paisalo Digital surged over 4 per cent today, i.e. on April 8, 2025, after the company informed exchanges about its fundraising…

Mental Health Insurance: Just like other health insurance plans, there are some guidelines that need to be followed for the mental health insurance plan. In India, mental health coverage in health insurance plans has been a long-awaited reform. According to data, over 60 million people struggle with mental illness in India, and the situation was…

Gold Price Today: In the international market, the COMEX gold price was trading at around $3,037.7 per troy ounce. The spot gold price at 10:30 am was around $3,024.86 per ounce. Gold, Silver Prices Today: Gold prices in the domestic futures market marginally declined on Monday, i.e. April 7, 2025, amid huge dip in Indian…

Piyush Goyal asked the Indian startup community to shift their focus from grocery delivery to high tech sector like semiconductors, machine learning, robotics, and AI. Union commerce and industry minister Piyush Goyal’s statement on Indian startups stirred a debate. He questioned the trend among the startups focusing only on “fancy ice creams” and food delivery…

Last month, the central bank announced to issuance of banknotes of Rs 100 and Rs 200 denominations, bearing the signature of Governor Malhotra. The Reserve Bank of India (RBI) recently announced that it will soon issue currency notes of Rs 100 and Rs 200 denominations. Now, the central bank has stated that it will also…

The completion of the transaction is subject to approval from the Competition Commission of India, and customary closing conditions. Ecom Express Ltd, which was incorporated in August 2012, is an end-to-end technology-enabled logistics solutions provider. Logistics services provider Delhivery Ltd on Saturday (April 5) announced the acquisition of Ecom Express Ltd for a cash consideration…

Wall Street plunged as China retaliated against Trump’s tariffs. The S&P 500 fell 6 per cent, and the Dow was down 2,200 points, sparking global recession fears. Financial markets nosedived on Friday as Wall Street endured its worst crisis since the early days of the COVID-19 pandemic. The S&P 500 tumbled 6 per cent, and…

According to Rupak De, Senior Technical Analyst at LKP Securities, the Nifty has given a consolidation breakdown on the daily chart, indicating bearishness. Market Closing Bell: Equity benchmarks Sensex crashed over 900 points to end the session below the 76,000 level, tracking weak global markets amid growing global trade war fears following US President Donald…

While underscoring the evolving role of startups in driving India’s economic and technological growth, Goyal assured all kinds of support to those startups who face challenges in their journey. Startup Mahakumbh: Commerce and Industry Minister Piyush Goyal on Thursday inaugurated a three-day Startup Mahakumbh at Bharat Mandapam. Speaking at the event, Goyal urged the startup…

Reliance and BLAST will partner to develop market-leading Intellectual Properties (IPs) in India and introduce BLAST’s global IPs to the Indian market for fans, players, and brands, the statement said. Reliance’s wholly-owned subsidiary RISE Worldwide has entered into a strategic partnership with BLAST Esports to form a joint venture to conduct esports business in…

PPF Account Nominee Update Rules: Finance Minister Nirmala Sitharaman said that the government has made necessary changes through notification. PPF Account Nominee Update Rules: There is good news for lakhs for Public Provident Fund (PPF) as  Finance Minister Nirmala Sitharaman on Thursday said that no fee will be charged for the updation or addition of…

At RBI, she will replace Deputy Governor Michael Patra. The other three deputy governors are M Rajeshwar Rao, T Rabi Sankar, and Swaminathan J, as per the RBI website. RBI’s new Deputy Governor: The government has approved the appointment of Poonam Gupta, Director General of NCAER, as the Deputy Governor of the Reserve Bank of India…

Tata Consumer Share Price: On technical parameters, Tata Consumer Products stock is trading higher than the 5-day, 20-day, 50-day, 100-day and 200-day moving averages. Tata Consumer Share Price: Shares of Tata Consumer Products Ltd gained over 8 per cent on Wednesday, i.e. on April 2, 2025. The stock opened in green at Rs 1010.05 on…

RailTel Dividend 2025: The company has announced an interim dividend of Re 1 per share with a face value of Re 1 each for the financial year 2024-25. RailTel Dividend 2025: Shares of Railway PSU RailTel Corporation of India will be in focus on Wednesday, i.e. on April 2, 2025 as they will trade ex-date…

The stock has gained after five days of consecutive fall and the surge comes as shares of Vodafone Idea zoomed over 20 per cent after it shared updates regarding the government increasing stake in the firm to 48.99 per cent. Indus Towers Share Price: Shares of telecom infrastructure firm Indus Towers are in action today,…

Investors should remain vigilant, adopting strategies that hedge against potential risks while staying informed about policy changes and market forecasts to navigate the evolving landscape effectively. Global trade policies, encompassing trade regulations, import duties, and taxation policies, play a pivotal role in shaping the dynamics of the gold industry. Recent developments have underscored the profound…

The spectrum and adjusted gross revenue (AGR) instalment due for FY26, including the 2015 spectrum auction shortfall, aggregated to Rs 32,723.5 crore. Shares of Vodafone Idea will be in focus on Tuesday, when the market opens after an extended weekend, as the government is set to acquire shares worth Rs 36,950 crore in lieu of…

Several studies have been conducted, more in the Western world, over the last several decades to find out if passive funds perform better than active funds. The raging debate between Active Vs Passive Funds has been going on for a long time in the world of investments. Let’s understand how these funds are different and…

I-T notice to Yes Bank: The reassessment order was passed by the National Faceless Assessment Unit of the income-tax department on March 28. I-T notice to Yes Bank: Investors in Yes Bank shares may face volatility when the stock market opens on Tuesday, as the bank has received a Rs 2,209 crore demand notice from the…

ATM Withdrawal Charges: The Central Bank said that the new charges will be effective from May 1, 2025. Earlier, the charges were Rs 21 per transaction. The Reserve Bank of India (RBI) has announced that the ATM withdrawal charged after free monthly transactions will be Rs 23 per transaction for ATM baking services. The Central…

Elon Musk, who serves as CEO of Tesla and SpaceX as well as an advisor to President Donald Trump, bought the site then called Twitter for $44 billion in 2022, gutted its staff and changed its policies on hate speech, misinformation and user verification and renamed it X. Elon Musk has sold social media site…

Interest rates on small savings schemes like PPF, NSC: Small savings schemes are also known as post office schemes. Deposits under the Sukanya Samriddhi scheme will attract an interest rate of 8.2 per cent. The government on Friday announced interest rates for the small saving schemes, also known as post office schemes, for the April-June…

The 52-week high of the stock is Rs 205.40 and the 52-week low is Rs 75.50. The scrip hit its 52-week high on September 26, 2024 and its 52-week low on June 5, 2024. Shares of Servotech Renewable Power System gained around 4 per cent on Friday i.e. March 28, 2025 as the company has…