As per the official holiday calendar released by the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), trading will be suspended on April 10. This includes trading across all segments, equity, derivatives, securities lending and borrowing (SLB), currency derivatives, and interest rate derivatives. Mahavir Jayanti, also known as Mahaveer Janma Kalyanak, is one …
As global trade tensions rise, the United States has spotlighted India’s ethanol import policy in its latest National Trade Estimate Report, released on January 8, 2025. The U.S. Trade Representative (USTR) has included India among countries imposing barriers that allegedly harm American businesses and distort trade practices. India’s Ethanol Policy Under Scrutiny According to the …
On April 9, 2025, the BSE Sensex was down by 0.51%, closing at 73,847.15 while the Nifty50 fell by 0.61% at 22,399.15. Here are the day’s top gainers and losers: Top Gainers of the Day Symbol LTP %chng NESTLEIND 2,350.00 3.28 HINDUNILVR 2,349.00 2.61 TITAN 3,178.95 1.81 POWERGRID 294.1 1.78 TATACONSUM 1,087.55 1.66 Nestle India …
The Indian stock market is a dynamic and evolving landscape, with companies experiencing varying levels of growth and performance. To accurately reflect these changes, market indices are periodically rebalanced, adjusting the composition of their constituent companies to ensure they continue to represent the market’s overall performance. Recently, the S&P BSE Indices underwent a semi-annual rebalancing, …
The Indian stock market closed in the red on Wednesday, April 9, 2025, after the Reserve Bank of India (RBI) announced a 25-basis-point cut in the repo rate. Despite the rate cut from 6.25% to 6%, market sentiment remained weak as the central bank shifted its policy stance from accommodative to neutral, signalling a more …
In a significant move to bolster investor protection and reduce instances of financial fraud, the Securities and Exchange Board of India (SEBI) has issued a new directive. All regulated and registered entities are now required to use phone numbers starting with the ‘1600’ series exclusively for service and transactional voice calls to existing customers. Streamlining …
India has approved a landmark defence acquisition, clearing the way to procure 26 Rafale Marine fighter jets from France. According to news reports, the Cabinet Committee on Security, chaired by Prime Minister Narendra Modi, gave its nod to the estimated ₹63,000 crore deal, making it one of India’s largest fighter jet procurements to date. The …
In the wake of renewed market volatility driven by the global tariff tensions initiated by US President Donald Trump’s trade policy, India’s stock market regulator has come forward with a clear message: There is no systemic risk to the Indian capital markets. Tuhin Kanta Pandey, Chairman of the Securities and Exchange Board of India (SEBI), …
The Ministry of Finance formally notified Form ITR-B through the Gazette of India. This newly introduced income tax return form is specifically designed for taxpayers who are required to declare previously undisclosed income discovered during search or requisition operations conducted on or after September 1, 2024. Unlike standard ITR forms that demand extensive disclosures, Form …
The Employees’ Provident Fund Organisation (EPFO), under the Ministry of Labour and Employment, has announced 2 major simplifications to its claim settlement process. These changes aim to enhance the ease of living for over 7.7 crore EPF members and also ease the operational burden on employers. Key Reform 1: No More Uploading of Cheque Leaf …
