The Pension Fund Regulatory and Development Authority (PFRDA) has introduced new rules for National Pension System (NPS) subscribers who renounce Indian citizenship without obtaining an Overseas Citizen of India (OCI) card. These individuals are now required to close their NPS accounts and transfer funds to an NRO account. PFRDA Issues New Guidelines for NPS Account …
On April 23, 2025, domestic equities continued their upward momentum. The NSE Nifty ended the session at 24,328.95, rising 161.70 points or 0.67%, while the BSE Sensex gained 520.90 points or 0.65% to close at 80,116.49. Banking and financial stocks were key drivers of the rally. This week’s Nifty contracts are set to expire on …
On April 23, 2025, BSE Sensex surged 0.65% to close at 80,116.49, while Nifty50 ended 0.48% higher at 24,282.35. Despite the overall positive sentiment in the market, several individual stocks displayed sharp price movements, hitting their respective circuit limits. Notable among them were Websol Energy System Ltd, Godfrey Phillips India Ltd, Aptech Ltd, Kitex Garments Ltd, and Nibe Ltd, reflecting …
On Wednesday, April 23, 2025, Indian stock markets continued their upward momentum. The BSE Sensex and NSE Nifty both ended higher for the seventh day in a row. Strong buying in IT stocks pushed markets up, even as banking stocks saw some selling. The Sensex opened with a big jump of 548 points at 80,142, …
On Wednesday, April 23, 2025, Indian equity markets continued their upward rally as IT stocks led the charge, fuelled by strong quarterly earnings and upbeat global cues. The BSE Sensex surged by 520.90 points (0.65%) to close at 80,116.49, while the NSE Nifty 50 gained 161.70 points (0.67%) to settle at 24,328.95. Here are the …
As per the NDTV Profit report, the Securities and Exchange Board of India (SEBI) is in the process of building technology tools to detect pump-and-dump schemes, track bulk deals, and identify abnormal trading activity. The project has been underway since last year, with some progress reported. The tools are being designed to generate alerts for …
Sovereign Gold Bonds (SGBs) were launched in November 2015 by the Government of India as part of the broader Gold Monetisation Scheme. These bonds were designed to serve multiple purposes — primarily to reduce the physical demand for gold, encourage the financialisation of household savings, and utilise idle gold for productive purposes within the economy. …
The National Pension System (NPS) marked a significant achievement in the financial year 2024–25, registering over 12 lakh fresh enrollments from the private sector. This rise in participation has taken the total subscriber base to more than 165 lakh by March 2025, signalling a growing shift towards structured retirement planning among working professionals outside the …
According to the Reserve Bank of India’s (RBI) April bulletin, India stands at a strategic juncture as global supply chains undergo realignments. In an increasingly volatile global environment, companies are actively diversifying their manufacturing bases and investment destinations. With established trade linkages and a growing reputation for resilience and scalability, India is emerging as a …
In a significant step to reinforce transparency and fairness in the securities market, the Securities and Exchange Board of India (SEBI) has introduced stricter controls on insider trading. A new directive extended trading restrictions during sensitive financial periods to include the immediate relatives of designated persons (DPs) within listed companies. What Is the Trading Window …
