Indian equity markets ended the day on a positive note. While the BSE Sensex gained 1,508.91 points to close at 78,553.20, the NSE Nifty 50 rose 414.45 points to settle at 23,851.65. Top Gainers and Losers On April 17, the stock market saw notable gains among key players, with Zomato (Eternal) leading the top gainers …
NSE International Exchange (NSE IX) has achieved a notable milestone by becoming the first and only stock exchange at GIFT IFSC to successfully implement its Near Site (NS) facility. The implementation went live on April 14, 2025 and underscores NSE IX’s proactive compliance with the Business Continuity Plan (BCP) and Disaster Recovery (DR) guidelines prescribed …
In a groundbreaking move, the Central Railway has launched India’s first ATM installed inside a moving train. The pilot project was conducted aboard the Panchavati Express, which operates between Manmad (Nashik) and Mumbai. This innovation marks a significant step toward improving basic financial services for passengers, especially on long routes with limited halts. The Concept: …
The Indian stock market is showing strong momentum and seems to be in a bullish phase. On Thursday, April 17, equity benchmark indices—the Sensex and the Nifty 50—recorded sharp intraday gains and looked set to end in the green for the fourth session in a row. The 30-stock Sensex opened at 76,968, slightly lower than …
US Vice President JD Vance is set to undertake his first official visit to India next week, accompanied by his wife Usha Vance and their three children. The visit, which forms the second leg of a two-nation tour beginning in Italy on 18 April, marks a significant step in furthering bilateral ties between India and …
GIFT City, India’s premier International Financial Services Centre (IFSC), has largely been a destination for inbound fund flows—catering to Non-Resident Indians (NRIs) and foreign investors. Until now, resident Indian investors had minimal access to global markets through this channel. That is about to change. Mirae Asset Mutual Fund has announced plans to launch an outbound …
In a significant development aimed at boosting entrepreneurship and access to capital, the National Stock Exchange (NSE) of India has signed a Memorandum of Understanding (MoU) with the Government of Uttar Pradesh. The agreement, executed through the Uttar Pradesh Small Industries Corporation (UPSIC), seeks to facilitate fundraising opportunities for Micro, Small, and Medium Enterprises (MSMEs) …
Fitch Ratings has trimmed its GDP growth forecast for India, reflecting growing concerns over the global economic outlook. The FY25 GDP forecast has been cut by 10 basis points to 6.20%, while the FY26 projection now stands at 6.40%, also 10 basis points lower than previously estimated. For FY27, Fitch expects India’s GDP to grow …
The startups in India are witnessing astonishing growth as the Angel Investors, VC, and PE are growing investment in the Indian startups. Recently, OfBusiness, an industrial goods and services procurement platform, has raised ₹100 crore (approximately $11.7 million) in a fresh funding round led by Cornerstone Ventures. OfBusiness IPO in 2H 2025 Interestingly, the company is …
During Q1FY25, Mergers and acquisitions (M&A) along with private equity (PE) investments in India’s consumer and retail sector has reached its three-year high to ~$4 billion, according to Grant Thornton Bharat’s latest quarterly deal tracker. Major Transactions in Q12025 Leading the activity were 2 major transactions: Singapore-based PE firm Temasek invested $1 billion for a …
