Investors in India will get an extended weekend as the Indian stock markets will remain closed today, March 31, 2025, in observance of Eid-ul-Fitr. Both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) have confirmed that trading in equities, derivatives, and other market segments will be closed for the day. Stock Market …
Startup Mahakumbh has introduced a new AI-powered mobile application to simplify engagement and communication at its 2025 event. The app is to support attendees – exhibitors, delegates, and visitors by offering features that make networking, mentorship, and session tracking more efficient. Functionalities of the App The application includes a range of tools to manage contacts, …
The Indian government has introduced several key changes to income tax regulations that will come into effect from April 1, 2025. These revisions were announced during the Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, with the objective of streamlining the tax structure, easing compliance, and promoting financial inclusion. These updates are expected to …
This year, March 31, 2025, marks both the last day of the financial year and the celebration of Eid-ul-Fitr. Many people are wondering if stock market, banks, income tax offices, and insurance companies will be open on this important day. Here’s what you need to know: NSE and BSE Closed on March 31, 2025 The …
State-run Bank of India Ltd has classified a non-performing asset (NPA) linked to Rolta India Ltd, amounting to ₹616.30 crore, as fraud, as reported by CNBC TV18. The announcement was made on March 26 as part of its regulatory disclosure under SEBI (LODR) Regulations, 2015. The bank also reported strong financial performance for Q3 FY25, …
Bank credit growth to India’s industrial sector slowed to 7.3% in the fortnight ended February 21, 2025, compared with 8.4% in the same period last year, according to Reserve Bank of India (RBI) data released on March 27. The overall non-food credit growth also decelerated, signalling broader moderation across sectors. Credit to Industry and Agriculture …
India’s residential real estate sector witnessed a sharp deceleration in Q1 2025, with housing sales across the top 7 cities dropping 28% year-on-year, according to ANAROCK Research. Rising property prices, combined with global economic headwinds, have weakened buyer sentiment, reversing the growth seen in 2024. Sales Slump Across Major Cities Approximately 93,280 units were sold …
Foreign institutional investors (FIIs) have made a notable return to Indian equities in March, marking the first net inflows after two consecutive months of outflows. According to provisional data from the NSE, FIIs recorded net purchases of over ₹11,000 crore as of March 27, following the Nifty index rebalancing. Reversal After Two Months of Selling …
Hindware Homes Ltd. has announced a strategic demerger of its operations into 2 separate listed companies. The board of directors has approved the restructuring move to enable a sharper operational focus across its consumer and building products segments. Details of the Demerger As per the plan, Hindware Homes will be split into: Consumer Products Business: …
Jindal Stainless has announced a significant investment of ₹40,000 crore to establish a stainless steel manufacturing facility in Maharashtra. The project, which has received approval from the state cabinet subcommittee, marks a major step in expanding the company’s domestic presence and supporting India’s drive for self-reliance in key industrial sectors. Investment Plan and Government Approval …
