The National Payments Corporation of India (NPCI), founded in 2008, plays a crucial role under the Reserve Bank of India in promoting digital payments and settlement systems across the nation. Based in Mumbai, NPCI operates platforms such as UPI, RuPay, IMPS, and BHIM, transforming India’s payment landscape by facilitating secure, immediate, and seamless transactions. NPCI …
The Union Budget for 2025 is scheduled for presentation on Saturday, February 01, 2025. While markets typically remain closed on weekends, the National Stock Exchange (NSE) has announced that stock exchanges will operate as usual to accommodate trading activity linked to Budget developments. This isn’t the first instance of markets operating on a Saturday for …
Bandhan Mutual Fund has announced some important modifications to its Bandhan All Seasons Bond Fund, altering its fundamental attributes. These changes, approved by the fund house, aim to redefine the fund’s structure, investment approach, and associated risk levels. Below is an overview of the updates. Revised Scheme Name & Investment Objective The fund’s name will …
Investing in equities can often seem daunting due to the plethora of options and complex jargon involved. However, Exchange-Traded Funds (ETFs) offer a straightforward and efficient way to enter the equity market. ETFs combine the benefits of mutual funds and stocks, providing both diversification and trading flexibility. Equity ETFs, in particular, are designed to invest …
India’s domestic market capitalisation surged 18.4% to $5.18 trillion in 2024, adding $806 billion in value, making it the third-best performer globally among the top 15 major markets. US Leads Global Gains, Big Tech Drives Growth The United States, the world’s largest equity market, saw a remarkable 25.6% increase in market capitalisation, amounting to a …
The capital market regulator, the Securities and Exchange Board of India (SEBI) has introduced a significant update to its insider trading regulations. The recent amendment allows the subscription to non-convertible securities when the trading window is closed. This adjustment aims to provide market participants with greater flexibility while maintaining investor protection mechanisms. Exemptions Under SEBI …
As the year 2024 concludes, investors are gearing up for the new trading year. One question often asked at this time is whether the stock markets will remain open on January 1, 2025. According to the 2025 holiday calendar released by the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), trading will proceed …
India’s trade deficit soared to a staggering $37.8 billion in November, marking an all-time high. A key factor behind this deficit was a four-fold rise in gold imports, which jumped to $14.8 billion from just $3.44 billion a year earlier. However, news reports suggest this surge may not entirely reflect reality, pointing to potential double …
The Securities and Exchange Board of India (SEBI) acts as a vigilant protector of India’s financial markets, ensuring that transparency, fairness, and investor safeguarding are upheld. Founded in 1988 and endowed with statutory authority in 1992, SEBI forms the bedrock of market regulation in India. Through its forward-thinking strategies, SEBI has transformed the functioning of …
According to reports, the US Federal Reserve is expected to reduce its benchmark interest rate by 25 basis points at the conclusion of its 2-day meeting on December 18. This would mark the 3 consecutive US Fed rate cut, bringing the federal funds rate to a target range of 4.25%-4.5%, down from the current 4.5%-4.75%. …
