The Securities and Exchange Board of India (SEBI) has imposed a penalty of ₹10 lakh on Axis Securities for violating stockbroker rules and other regulatory norms. The penalty must be paid within 45 days, according to SEBI’s order. The regulator highlighted multiple operational lapses, citing issues related to reporting discrepancies, client fund handling, and procedural …
Foreign Portfolio Investors (FPIs) have continued their heavy selling spree in the Indian equity markets, offloading shares worth ₹23,710 crore in February. This follows a massive net outflow of ₹78,027 crore in January, pushing the total outflows in 2025 past the significant ₹1 lakh crore mark. According to data from depositories, the cumulative FPI outflows …
The Finance Ministry will review public sector banks’ performance and progress of financial inclusion schemes, among others on March 4, as per news reports. Finance Ministry to Assess PSBs’ Growth The Finance Ministry has scheduled a meeting with the heads of public sector banks (PSBs) on March 4 to assess their financial performance and progress …
The Ayushman Bharat health insurance scheme has been approved for implementation in Delhi. Chief Minister Rekha Gupta announced the decision after the first Cabinet meeting on February 20. The scheme, which was not previously available in Delhi, will now provide ₹10 lakh health insurance coverage per family, with ₹5 lakh each from the central and …
The Indian government has halted the issuance of Sovereign Gold Bonds (SGBs), raising concerns among investors who viewed them as a secure and rewarding gold investment avenue. With no fresh issuances, the only way to acquire SGBs is through the secondary market. However, potential investors must assess various factors before making a purchase. Current Market …
On February 21, 2025, the Indian stock markets ended the last trading session of the week in negative territory. The BSE Sensex declined by 424.90 points, or 0.56%, to settle at 75,311.06. Throughout the session, the 30-share index fluctuated between an intraday high of 75,748.72 and a low of 75,112.41. Similarly, the NSE Nifty50 also …
Ownership in the Indian stock market is shifting. Foreign investors, once the dominant force, are reducing their stakes, while domestic institutional investors (DIIs) and retail investors are increasing their share. The latest data from December 2024 gives a clearer picture of these changes. Foreign Investors Stake Foreign Portfolio Investors (FPIs) pulled out $12 billion from …
India’s entrepreneurial landscape has witnessed unprecedented growth, with several startups crossing the billion-dollar valuation mark within a short span. The 2024 Burgundy Private Hurun India 500 List showcases the youngest companies that have emerged as industry leaders, demonstrating rapid innovation and market dominance. These firms, founded within the last decade, have capitalised on digital transformation …
Green bonds are a type of debt instrument issued by governments, corporations, and multilateral institutions to raise funds for projects aimed at reducing carbon emissions and enhancing climate resilience. The primary appeal of these bonds lies in their ability to provide lower borrowing costs, commonly referred to as the greenium—a premium that enables issuers to …
The Indian government is gearing up to invite applications under the Scheme for the Promotion of Manufacturing Electric Cars in India, which aims to attract global original equipment manufacturers (OEMs) by offering a 15% concessional import duty, significantly lower than the existing 70% rate. Announced in March last year, the scheme has undergone extensive consultations …
