On March 7, 2025, as of 12:20 PM, the BSE Sensex was down 0.17% at 74,224.68, while the Nifty 50 was down 0.12% at 22,518.45. The mid-day top gainers and losers for the day are: Mid-Day Top Gainers Symbol Open High Low LTP %chng RELIANCE 1,216.00 1,254.55 1,212.00 1,245.05 2.93 BAJAJ-AUTO 7,462.25 7,624.00 7,451.10 7,570.90 …
On March 6, 2025, the BSE Sensex ended in the green, closing at 74,340.09, up by 0.83%, and the NSE Nifty50 closed at 22,544.70, up by 0.93%. Sectoral Performance On Thursday, Nifty Midsmall IT & Telecom and Nifty Realty ended in the red. Nifty Oil & Gas, Nifty Metal, and Nifty Pharma ended in the green. Top …
The Brewers Association of India (BAI) has urged the Karnataka government to address concerns over alleged inconsistencies in beer-related regulations. Representing major beer manufacturers such as AB InBev, Carlsberg, and United Breweries, which account for 85% of beer sales in India, BAI has highlighted issues regarding frequent tax hikes and regulatory disparities that hinder fair …
The Reserve Bank of India (RBI) has reached a historic milestone in its foreign exchange management, with net short positions in the dollar forward book touching $77.5 billion as of January 31, 2024. According to a recent news report, these short positions, which are primarily in the 3-month to 1-year tenure, amount to $30.6 billion. …
India has emerged as the 4th-largest hub for High Net-Worth Individuals (HNWIs) globally, with 85,698 individuals holding investable assets exceeding ₹8.69 crore (US$ 1 million), according to a Global Wealth Report. The country follows the United States, China, and Japan in terms of wealth concentration. At the ultra-high-net-worth level, individuals with over ₹869 crore (US$ …
India’s capital markets regulator, the Securities and Exchange Board of India (SEBI), has been actively working to curb high-risk derivatives trading among retail investors. Over the past year, a series of regulatory measures have been introduced to reduce excessive speculation in the futures and options (F&O) segment. The impact of these regulations is now becoming …
The Employees’ Provident Fund Organisation (EPFO) has introduced significant changes to the profile update process for its members. Under the revised rules, EPF members can now update their Aadhaar-linked Universal Account Number (UAN) details without uploading supporting documents. This update is expected to reduce delays and simplify the correction process for millions of EPF account …
The Reserve Bank of India (RBI) has announced liquidity-enhancing measures, including open market operations (OMOs) worth ₹1 lakh crore and a USD/INR buy/sell swap auction of $10 billion. These initiatives aim to stabilise liquidity in the banking system amid fiscal year-end pressures and increasing credit demand. Breakdown of the OMO and Forex Swap Measures To …
Tesla, the US-based electric vehicle (EV) giant, has taken a major step towards entering the Indian market by securing a lease for its first showroom in Mumbai. According to a report, Tesla has signed a 5-year lease agreement, marking a renewed effort to establish a presence in India after previous plans were put on hold. …
The Gujarat International Finance Tec-City (GIFT City) has emerged as a key investment hub for the Indian diaspora, with funds flowing in from Non-Resident Indians (NRIs) and People of Indian Origin (PIOs). According to the International Financial Services Centres Authority (IFSCA) chairman, Mr. K Rajaraman, investments in GIFT City-based funds have now surpassed ₹60,998 crore …
