According to the news reports, the Maharashtra state cabinet has approved the Electric Vehicle Policy 2025, aimed at increasing the adoption of electric vehicles across categories and improving related infrastructure. The policy will remain in effect until 2030 and has a total allocation of ₹1,993 crore. Revised Coverage and Benefits The revised policy extends benefits …
PB Healthcare Services, previously a wholly-owned subsidiary of PB Fintech Limited, has secured ₹1,461 crore (approximately $171 million) in its first seed funding round. According to the disclosure filed with the stock exchanges, ₹539.4 crore has already been infused by PB Fintech, while the remainder will be contributed by external investors. Strategic Investment and …
In April 2025, the Nifty 50 delivered a return of 2.5%, when calculated from April 1, 2025, to April 29, 2025. However, out of the total 18 trading sessions in April 2025, the Indian stock market closed in red for 8 sessions while 10 sessions were in green. In the past 30 days, FIIs gross …
The Securities and Exchange Board of India (SEBI) is set to address critical matters concerning the futures and options (F&O) market, specifically focusing on the index options limit and the determination of expiry days. These issues are of significant importance to a wide range of market participants, including stock exchanges, brokers, and foreign institutional investors …
On April 29, the Nifty 50 closed at 24,335.95, up 7.45 points or 0.03%, while the BSE Sensex ended higher by 70.01 points or 0.09%, settling at 80,288.38. This week’s Nifty contracts are set to expire on Wednesday, April 30, instead of the usual Thursday, as the stock markets and banks will remain closed on …
Indian stock markets could see a muted-to-negative opening today, weighed down by weakness in global cues and GIFT Nifty’s decline. As of 8:20 AM, GIFT Nifty was trading 96 points lower (-0.39%) at 24,334.0, hinting at a soft start to the session. On April 29, the Nifty 50 closed at 24,335.95, up 7.45 points or …
Akshaya Tritiya, also known as Akha Teej, is considered one of the most auspicious days in the Hindu calendar. In 2025, this sacred occasion falls on Wednesday, April 30. Many people observe religious rituals and make significant financial decisions on this day, including investments in gold and stocks. As a result, there’s often some confusion …
Indian stock exchanges, including NSE and BSE, will remain shut on Thursday, May 1, 2025, in observance of Maharashtra Day, which commemorates the formation of the state of Maharashtra. As per the holiday calendar shared by the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), trading across all segments will be closed …
Indian benchmark indices closed on a positive note on Tuesday, April 29, 2025, continuing their upward momentum with modest gains amid sustained buying interest and supportive global cues. The BSE Sensex advanced 70.02 points (0.087%) to end at 80,288.38, while the NSE Nifty 50 edged up by 7.45 points (0.031%) to settle at 24,335.95. Here …
In March and April, India’s Unified Payments Interface (UPI) system experienced 3 major outages, affecting transactions on platforms like GPay and PhonePe. One such disruption was due to banks flooding NPCI’s servers with transaction status checks, as per news reports How the UPI System Works? UPI is based on the Immediate Payment Service (IMPS) architecture …
