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India’s Passenger Vehicle Industry Set to Cross 5 Million Units in FY26 Despite Slowing Growth

India’s Passenger Vehicle Industry Set to Cross 5 Million Units in FY26 Despite Slowing Growth

30 April 2025

India’s passenger vehicle (PV) industry is poised to reach a new milestone in FY26, with a projected cumulative volume of five million units across domestic and export markets, according to Crisil Ratings. This would mark the 4th year in a row of record-breaking sales. However, the annual growth rate is expected to moderate to 2–4%, …

India Can Save ₹14.7 Lakh Crore by 2034 by Replacing Coal Imports with Renewable Energy: Reports

India Can Save ₹14.7 Lakh Crore by 2034 by Replacing Coal Imports with Renewable Energy: Reports

30 April 2025

According to the news report, India stands to save an estimated ₹14,70,673 crore (US$ 173 billion) between 2025 and 2034 by replacing its reliance on imported thermal coal with domestically generated renewable energy. According to a recent report by Climate Risk Horizons, achieving this would require the country to add 50 gigawatts (GW) of renewable …

RBI Mandates Use of PRAVAAH Portal for All Regulatory Applications from May 1, 2025

RBI Mandates Use of PRAVAAH Portal for All Regulatory Applications from May 1, 2025

30 April 2025

The Reserve Bank of India (RBI) has issued a directive requiring all regulated financial entities to use the PRAVAAH portal for submitting applications related to licences, authorisations, and approvals starting May 1, 2025. This move aims to centralise regulatory communications and bring uniformity across the financial system. What Is the PRAVAAH Portal? PRAVAAH, short for …

SEBI Postpones Deadline for T+0 Settlement Cycle for QSBs to November 1, 2025

SEBI Postpones Deadline for T+0 Settlement Cycle for QSBs to November 1, 2025

30 April 2025

The Securities and Exchange Board of India (SEBI) has officially extended the implementation timeline for the optional T+0 rolling settlement cycle for Qualified Stock Brokers (QSBs) to 1 November 2025. This extension follows feedback received from QSBs and discussions with market participants, aiming to ensure a seamless transition without altering the original regulatory framework issued …

Maharashtra Cabinet Approves New Electric Vehicle Policy

Maharashtra Cabinet Approves New Electric Vehicle Policy

30 April 2025

According to the news reports, the Maharashtra state cabinet has approved the Electric Vehicle Policy 2025, aimed at increasing the adoption of electric vehicles across categories and improving related infrastructure. The policy will remain in effect until 2030 and has a total allocation of ₹1,993 crore. Revised Coverage and Benefits The revised policy extends benefits …

PB Healthcare Raises ₹1,461 Crore; PB Fintech Stake Drops to 32.14%

PB Healthcare Raises ₹1,461 Crore; PB Fintech Stake Drops to 32.14%

30 April 2025

PB Healthcare Services, previously a wholly-owned subsidiary of PB Fintech Limited, has secured ₹1,461 crore (approximately $171 million) in its first seed funding round.   According to the disclosure filed with the stock exchanges, ₹539.4 crore has already been infused by PB Fintech, while the remainder will be contributed by external investors.  Strategic Investment and …

What is the Stipend Offered in the PM Internship Scheme in 2025?

What is the Stipend Offered in the PM Internship Scheme in 2025?

29 April 2025

The Prime Minister Internship Scheme (PMIS) is a flagship initiative by the Government of India aimed at equipping young individuals with practical work experience, industry exposure, and improved employability.   Designed as a year-long program, PMIS offers structured internship opportunities across India’s top 500 companies, helping bridge the gap between academic learning and real-world job …

SEBI Panel to Review F&O Norms: Key Decisions on Index Options and Expiry Day Expected

SEBI Panel to Review F&O Norms: Key Decisions on Index Options and Expiry Day Expected

30 April 2025

The Securities and Exchange Board of India (SEBI) is set to address critical matters concerning the futures and options (F&O) market, specifically focusing on the index options limit and the determination of expiry days. These issues are of significant importance to a wide range of market participants, including stock exchanges, brokers, and foreign institutional investors …

Nifty Weekly Expiry Today: RBL Bank Under F&O Ban on April 30

Nifty Weekly Expiry Today: RBL Bank Under F&O Ban on April 30

30 April 2025

On April 29, the Nifty 50 closed at 24,335.95, up 7.45 points or 0.03%, while the BSE Sensex ended higher by 70.01 points or 0.09%, settling at 80,288.38. This week’s Nifty contracts are set to expire on Wednesday, April 30, instead of the usual Thursday, as the stock markets and banks will remain closed on …

Stocks to Watch on April 30, 2025: IndusInd Bank, Bajaj Finance, BPCL and More

Stocks to Watch on April 30, 2025: IndusInd Bank, Bajaj Finance, BPCL and More

30 April 2025

Indian stock markets could see a muted-to-negative opening today, weighed down by weakness in global cues and GIFT Nifty’s decline. As of 8:20 AM, GIFT Nifty was trading 96 points lower (-0.39%) at 24,334.0, hinting at a soft start to the session. On April 29, the Nifty 50 closed at 24,335.95, up 7.45 points or …

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