The capital market regulator, the Securities and Exchange Board of India (SEBI) is working on a new system to ensure secure and efficient payments in the securities market via the Unified Payments Interface (UPI). This initiative aims to help differentiate legitimate financial intermediaries from fraudsters. As part of the proposed system, SEBI plans to create …
The Nifty Financial Services Index (FINNIFTY) is a benchmark index designed to track the performance of India’s financial sector. It includes banks, financial institutions, housing finance firms, insurance companies, and other financial service providers. The index consists of 20 stocks listed on the National Stock Exchange (NSE) and is computed using the free-float market capitalisation …
The Nifty Smallcap 100 Index is designed to track the performance of the small-cap segment of the Indian financial market. It comprises 100 actively traded stocks listed on the National Stock Exchange (NSE). The index is computed using the free float market capitalisation method, meaning its value reflects the collective market capitalisation of all constituent …
On February 3, 2025, Indian equity markets faced a decline as investors grew cautious following US President Donald Trump’s decision to impose tariffs on Canada, Mexico, and China. Trump announced a 25% tariff on Canada and Mexico and a 10% tariff on China, citing concerns about illegal immigration and the drug trade. Sensex and Nifty …
The Nifty Bank Index is a benchmark that tracks the performance of India’s most liquid and largest banking stocks. It serves as a key indicator for investors and market participants assessing the capital market performance of Indian banks. The index consists of a maximum of 12 listed companies on the National Stock Exchange of India …
The Sovereign Gold Bond (SGB) scheme, introduced in 2015 as an alternative to physical gold, is set to be discontinued. Finance Minister Nirmala Sitharaman confirmed this decision during the post-Budget media briefing on February 1. The government cited the high cost of borrowing associated with the instrument as the primary reason for its discontinuation. This …
The government has extended the Jal Jeevan Mission until 2028, with an increased budgetary outlay to achieve universal tap water coverage in rural India, Union Finance Minister Nirmala Sitharaman announced while presenting the Union Budget 2025. Progress Under the Mission The Finance Minister stated that 15 crore households, covering 80% of India’s rural population, have …
India’s taxation landscape has undergone significant changes over the decades, reflecting shifts in economic policies and fiscal strategies. A historical analysis of India’s highest tax rates reveals a sharp contrast between earlier decades and the present, showcasing a gradual move towards a more balanced tax structure. Tax Rates from 1950 to Present In 1950-51, the …
The Nifty FMCG Index surged 4% in today’s trade following Finance Minister Nirmala Sitharaman’s announcement of no income tax up to ₹12 lakh in the Union Budget 2025. The tax relief is expected to boost disposable income, driving consumer demand for fast-moving consumer goods. ITC, Trent, and Godrej Consumer Products Shares Lead Nifty FMCG Rally …
On Saturday, February 1, 2025, ahead of the Union Budget 2025 presentation, the benchmark equity indices opened higher. At the opening bell, BSE Sensex rose by 108.27 points (0.14%) to 77,608.84, while Nifty50 increased by 37.35 points (0.16%) to 23,545.75. Investors Eye Budget Proposals Investors are closely watching for key announcements in Budget 2025, which …
