On May 8, 2025, Indian benchmark indices erased early gains and ended in the red as investor sentiment turned cautious following escalating tensions between India and Pakistan. The BSE Sensex closed at 80,334.81, down 411.97 points (-0.51%), while the NSE Nifty 50 settled at 24,273.80, losing 140.60 points (-0.58%). Here are the top gainers and …
Lakhs of central government employees and pensioners await the upcoming Dearness Allowance (DA) and Dearness Relief (DR) revision scheduled for July 2025. Currently, both stand at 55%, following the January 2025 hike. If inflation trends continue as observed in March 2025, there could be another 2%–3% increase on the horizon, as per a news report. …
As algorithmic trading becomes increasingly accessible to individual investors, the National Stock Exchange (NSE) has issued a detailed circular to regulate retail participation in this fast-evolving space. These new compliance norms follow the Securities and Exchange Board of India’s (SEBI) February guidelines aimed at enhancing safety, accountability, and transparency in retail algo trading. What is …
India, the world’s third-largest oil importer, is likely to gain substantially from the ongoing decline in global energy prices. With crude oil and liquefied natural gas (LNG) forming a major part of its import basket, the softening of prices is projected to bring major fiscal relief, according to a report by ICRA. Decline in Oil …
In a significant development, India has opened its central government procurement market to British companies as part of the recently finalised Free Trade Agreement (FTA) with the United Kingdom. This move marks a substantial step in strengthening bilateral economic ties and offers UK businesses unprecedented access to India’s vast public procurement sector. Key Provisions of …
In a swift response following the Indian Army’s cross-border strike code-named Operation Sindoor, Reliance Industries Limited was the first among 4 applicants to file a trademark for the emotionally charged term. The move came within hours of the operation being announced, reflecting how quickly the name gained cultural and symbolic significance. Between 10:42 AM and …
The recently concluded Free Trade Agreement (FTA) between India and the United Kingdom is expected to give a significant lift to India’s gems and jewellery exports. At a time when shipments to key markets like the United States and China are declining, this agreement arrives as a timely catalyst. Industry estimates suggest that exports to …
Foreign institutional investors (FIIs) significantly ramped up their exposure to Indian equities during the second half of April, injecting over ₹38,000 crore into the markets. This marks a notable shift in sentiment compared to the more restrained flows observed in the first half of the month. Financial Services: The Foremost Choice with ₹22,910 Crore Inflows …
In a significant development reported by CNBC-TV18, India has offered to eliminate tariffs on most products in its ongoing trade negotiations with the United States. This move signals a major step forward in the years-long dialogue between the 2 countries to enhance bilateral trade. Report said, sources close to the matter revealed that India’s zero …
The BC Sakhi Yojana, launched by the Government of Uttar Pradesh in May 2020, is a groundbreaking initiative aimed at transforming the financial landscape of rural India. By training women as banking correspondents, the scheme bridges the gap between remote communities and formal banking services. Beyond financial inclusion, it is driving social change by empowering …
