Reliance Consumer Products Ltd (RCPL), a subsidiary of Reliance Retail Ventures Ltd (RRVL), has acquired the packaged foods brand SIL Food India. The deal, as per the reports, includes SIL’s brand portfolio but not its manufacturing facilities in Pune and Bengaluru. SIL Food India’s product line includes cooking pastes, jams, baked beans, mayonnaise, and Chinese …
The PM Internship Scheme is a significant government initiative aimed at equipping individuals with valuable skills through internship opportunities. Designed to bridge the gap between education and employment, it set an ambitious goal of enrolling over 1 lakh participants during its pilot phase. However, the programme has encountered numerous challenges, leading to a significant shortfall …
On January 20, 2025, the National Stock Exchange of India (NSE) achieved a historic milestone by surpassing 11 crore unique registered investors. This achievement highlights the growing confidence of Indians in stock market investments as a reliable path to wealth creation. Exponential Growth in Registrations The pace of investor registrations has seen an extraordinary acceleration …
The Indian stock market has started 2025 on a turbulent note as foreign investors sold a staggering $5.4 billion worth of equities on a net basis in January. This marks the worst start to a year since the pandemic, following a brief respite in December. While mutual fund inflows remained resilient, they have been overshadowed …
The Bureau of Indian Standards (BIS), under the supervision of the Food and Consumer Affairs Ministry, has introduced draft guidelines aimed at regulating e-commerce platforms to ensure consumer protection. Titled “E-commerce-Principles and Guidelines for Self Governance,” the document seeks public feedback by 15 February and proposes comprehensive principles covering pre-transaction, contract formation, and post-transaction stages. …
The Indian government has allocated ₹1,596 crore under the Production-Linked Incentive (PLI) schemes across six sectors, including electronics and pharmaceuticals, during the April-September period of the current fiscal year. Initiated in 2021, the PLI schemes aim to boost investments, enhance manufacturing capabilities, and improve India’s global competitiveness across 14 strategic sectors. PLI Disbursals: Sectoral Distribution …
The capital market regulator, Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch stated that it is utilising artificial intelligence (AI) to transform the way it processes initial public offering (IPO) documents during her address at the Association of Investment Bankers of India (AIBI) Annual Convention. Buch added that SEBI is in the …
India’s equity markets experienced a significant sell-off on Tuesday, January 21, 2025, as the earnings season gained momentum. The Nifty 50 index ended the day 320 points lower, settling just above the 23,000 mark. Meanwhile, the Sensex saw a sharp decline, shedding 1,230 points during the session. Investor Wealth Wiped Out by ₹7 Lakh Crore …
Since U.S. President Donald Trump’s election win on November 5, 2024, Indian markets have been experiencing mixed reactions across sectors. From pharma and IT to metals and energy, the impact of Trump’s policies varies significantly. Here’s a detailed comparison of how these key sectors have performed and adapted: Sectoral Performance Since November 2024 Nifty Pharma …
The benchmark equity indices ended Tuesday’s trading session in negative territory. The NSE Nifty 50 fell 320.10 points or 1.37% to settle at 23,024.65, while the BSE Sensex plunged 1,235.08 points or 1.60% to 75,838.36. The broader indices ended in negative territory, with falls led by Mid-cap and Small-cap stocks. Realty and Energy stocks plunged …
