The Securities and Exchange Board of India (SEBI) on Friday announced an extension of the deadline for submitting public comments on its proposed guidelines for the treatment of unclaimed funds and securities lying with brokers. Initially, the markets regulator had sought comments by March 4, 2025, but has now extended the timeline to March 31, …
Foreign investors have continued their retreat from the Indian equity markets, pulling out ₹24,753 crore (approximately USD 2.8 billion) in the first week of March. This marks the 13th consecutive week of net outflows, reflecting growing concerns over escalating global trade tensions and underwhelming corporate earnings. Sustained Outflows in 2025 The latest outflow follows a …
New Delhi, Mar 10 (PTI) Industry bodies representing online real money gaming companies, AIGF, EGF and FIFS, have jointly signed a “code of ethics” which their member companies will adopt for promoting user safety and responsible gaming practices, including KYC verification, spending limit etc, a join statement said on Monday. The members of these gaming …
On March 10, 2025, as of 11: 55 AM, the BSE Sensex was up 0.32% at 74,569.39, while the Nifty 50 was up 0.29% at 22,617.65. The mid-day top gainers and losers for the day are: Mid-Day Top Gainers Symbol Open High Low LTP %chng POWERGRID 261.05 274.25 261.05 273.45 3.85 HINDUNILVR 2,208.00 2,261.75 2,194.65 …
Ananth Narayan, a Whole-Time Member of the Securities and Exchange Board of India (SEBI), stated that over 90% of traders in derivative contracts, particularly those trading in index options, were incurring losses. He shared this insight during a panel discussion at the Moneycontrol Global Wealth Summit in Mumbai on March 7. SEBI’s Caution Over Surge …
The Income Tax Department has updated the list of banks available for tax payments through the e-Pay Tax service on the e-filing portal. As per the latest update, 30 banks are now enabled, including both newly added and migrated banks. New Banks Added The latest additions include Bandhan Bank, City Union Bank, DCB Bank, Federal …
China has announced a 7.2% increase in its annual defence budget, raising its official military expenditure to over $245 billion. This development, revealed during the National People’s Congress, underscores Beijing’s focus on expanding its military strength amid growing geopolitical tensions. Despite maintaining the same percentage increase as the previous year, experts argue that China’s actual …
Mumbai, March 7 (IANS) The Securities and Exchange Board of India (SEBI) has issued an administrative warning to FMCG major Nestle India for violating insider trading regulations, the company informed exchanges on Friday. The warning, issued by the SEBI’s Deputy General Manager, was sent to the company’s Compliance Officer (CCO). Nestle India disclosed in a …
The week ended March 7, 2025, saw the Indian stock market end flat, whereby Nifty 50 ended up, 0.03% to 22,552.50, while BSE Sensex was down 0.01% to 74,332.58. Nifty 50 and BSE Sensex closed 3 sessions in red during the week. Roundup of Major News This Week India’s GST collection rose 9.1% YoY to …
The increasing presence of women as entrepreneurs is contributing significantly to India’s economic growth. Women-owned enterprises are creating employment opportunities, driving innovation, and inspiring the next generation of business leaders. To support and empower women in business, various government schemes provide financial aid, skill development, and business-friendly policies. This article highlights key government schemes designed …
