After nearly 3 weeks of continuous declines, the Indian stock market witnessed a strong rebound on Wednesday. The Nifty 50 opened slightly lower at 22,073 but quickly gained momentum, reaching an intraday high of 22,375 with a jump of over 250 points. Similarly, the BSE Sensex opened at 73,005 and climbed to 73,848, gaining nearly …
Bombay HC stays FIR order against ex-SEBI chief, 5 others Mumbai, March 4 (IANS) The Bombay High Court on Tuesday put a four-week hold on a special court’s order which had directed the Anti-Corruption Bureau (ACB) to file an FIR against former SEBI Chairperson Madhabi Puri Buch and five other officials. The special court had …
During March 2025, the Indian stock market witnessed several significant events. Here’s a breakdown of the key factors that shaped the market’s trajectory: Feb 2025 Auto Sales During Feb 2025, Indian automotive players posted mixed numbers, whereby Mahindra & Mahindra, TVS Motors Company Ltd and Eicher Motors Ltd reported a growth of 15%, 10% and 9%, respectively. Maruti Suzuki reported …
On March 4, 2025, the BSE Sensex ended in the red, closing at 72,989.93, down by 0.13%, and the NSE Nifty50 closed at 22,082.65, down by 0.17%. Sectoral Performance On Tuesday, Nifty Auto, Nifty Midsmall IT & Telecom and Nifty IT ended in the red. Nifty Media, Nifty PSU Bank, and Nifty Midsmall Healthcare ended in green. …
The Delhi government has introduced the Mahila Samriddhi Yojana, aimed at providing financial support to women from economically weaker sections (EWS). Under this scheme, eligible women will receive ₹2,500 per month directly in their bank accounts via Direct Benefit Transfer (DBT). The initiative, announced by BJP MP Manoj Tiwari, will begin registrations on March 8, …
The Securities and Exchange Board of India (SEBI) has introduced new nomination rules for demat accounts and mutual fund (MF) folios. These changes aim to simplify the transfer process, reduce paperwork and enhance investor convenience. The updated rules, effective from March 1, 2025, are expected to help with succession planning and minimise legal disputes over …
The Ministry of Corporate Affairs (MCA) has directed companies participating in the PM Internship Scheme (PMIS) to set up dedicated PMIS cells within their organizations. This comes as the scheme’s pilot phase saw a lower-than-expected response, with a major gap between offered and accepted internships. Low Acceptance Rate in First Round In the first round …
With former US President Donald Trump proposing tariffs on a broad range of imported goods, American consumers may soon face increased prices on everyday products. The extent of these price hikes, however, depends on numerous factors, including market competition, product necessity, and supply chain dependencies. While some sectors might absorb part of the cost, others …
Hindustan Power is set to make a significant contribution to Assam’s renewable energy sector with an investment of ₹620 crore. The company has signed a Memorandum of Understanding (MoU) with the Assam government to establish a 100-MW solar power plant and a 100-MW battery energy storage system, reinforcing its commitment to clean energy development in …
The United States is set to impose tariffs on automobile imports from Canada and Mexico, a move that could significantly impact major automakers. The tariffs, which may reach 25%, primarily target vehicles and parts imported from Mexico, potentially disrupting production, supply chains, and trade dynamics in the North American auto industry. The tariffs are scheduled …
