The Ministry of Road Transport and Highways (MoRTH) has officially notified the Cashless Treatment of Road Accident Victims Scheme, 2025, effective from May 5, 2025. Under this scheme, any individual injured in a road accident involving a motor vehicle, on any road across India, is eligible for cashless treatment of up to ₹1.5 lakh per …
The Securities and Exchange Board of India (SEBI) has introduced a set of regulations for securitised debt instruments (SDIs), setting a minimum investment threshold and requiring dematerialised (demat) format for all issuances and transfers. The rules were announced through a gazette notification. ₹1 Crore Minimum Investment Mandated A minimum ticket size of ₹1 crore has …
Pakistan’s Karachi Stock Exchange faced a sharp sell-off on May 7, 2025, as the benchmark KSE-100 index opened nearly 5.7% lower its steepest single-day drop since 2021. This significant fall followed targeted military strikes by India on terror infrastructure across the border, triggering heightened geopolitical tensions in the region. Although the index trimmed some of …
According to Entrackr, DMI Finance has significantly expanded its employee stock ownership plan (ESOP), raising the total pool to $105 million. The digital lending firm passed a board resolution to add 1.18 crore new stock options to its existing 2018 plan, signaling continued focus on employee retention and long-term growth. DMI Finance Adds $36M in …
Indian benchmark indices ended lower on Tuesday, May 6, 2025, amid mild profit booking and mixed global cues. The BSE Sensex fell 155.77 points (0.19%) to close at 80,641.07, while the NSE Nifty 50 declined 81.55 points (0.33%) to settle at 24,379.60. Here are the top gainers and losers for the day: Top Gainers of …
According to the news reports, Himachal Pradesh is grappling with significant fiscal stress, intensified by a sharp reduction in central revenue support. According to reports, the state’s revenue deficit grant has plummeted from ₹8,058 crore in FY24 to ₹3,257 crore in FY26. In response, the state government is actively exploring structural measures to manage its …
According to a report, the Employees’ Provident Fund Organisation (EPFO) is seeking to expand its physical infrastructure to cater to an anticipated increase in its subscriber base, from nearly 70 million to 100 million in the coming years. The move is part of a broader strategy to shift from rented offices to owning its premises …
According to a Moneycontrol report, Jane Street, a global giant in proprietary trading known for handling transactions worth trillions, is now facing regulatory scrutiny in India. The National Stock Exchange (NSE) has reportedly initiated a probe into certain derivatives trades carried out by Jane Street Singapore Pte, a registered Foreign Portfolio Investor (FPI), raising concerns …
The once-booming trend of small and medium enterprises (SMEs) transitioning from the SME platform to the mainboard of Indian stock exchanges has seen a dramatic slowdown. As of 5 May 2025, only one company has successfully made the shift this year, compared to 12 in the whole of 2024. This represents a significant departure from …
The Income Tax (I-T) department has set an unprecedented target for the financial year 2025–26: to settle over 200,000 cases at the Commissioner of Income Tax (Appeals) [CIT(A)] stage. The disputed amount involved stands at a staggering ₹10 lakh crore. This aggressive push represents a substantial increase from FY25, when 1,72,361 cases were resolved involving …
