Overnight Mutual Fund Schemes are low-risk options that invest in government securities for just one day. They are mainly used by stockbrokers and clearing members to safely invest client money. SEBI has now updated the cut-off timings for when the Net Asset Value (NAV) is applied during redemptions. The investments are always held in demat …
The process for setting up the 8th Central Pay Commission (CPC) has officially started. The Ministry of Finance, through its Department of Expenditure, released a circular on April 17, 2025, announcing 35 vacancies in the new commission. These positions will be filled on a deputation basis, meaning officials will temporarily work with the CPC and …
India witnessed a notable shift in foreign direct investment (FDI) patterns during the period of April 2024 to February 2025. Despite a rise in gross inflows, net FDI declined sharply, influenced by higher repatriation and an increase in outward investments by Indian firms. Recent data from the Reserve Bank of India (RBI) highlights the …
Artificial Intelligence (AI) is playing an increasingly pivotal role in reshaping India’s job market. According to the latest ‘Career Outlook Report 2025’ by TeamLease EdTech, more than 74% of employers intend to hire freshers in the first half of 2025, with AI-related roles leading this surge in demand. This trend aligns with the government’s …
The Atal Pension Yojana (APY), India’s flagship pension scheme aimed at providing financial security to the unorganised sector, registered 11.7 million new enrolments during the financial year 2024–25. According to the Pension Fund Regulatory and Development Authority (PFRDA), total gross enrolments under the scheme have now crossed the 76 million mark as of 31 …
The Gujarat government has introduced further relaxations to liquor licensing regulations within the Gujarat International Finance Tec-City (GIFT City), located between Ahmedabad and Gandhinagar along the Sabarmati River. This development aims to facilitate a more accessible and efficient environment for professionals and visitors without compromising legal supervision. Simplified Permit Procedure for Employees and Guests The …
In a significant step towards promoting sustainable urban mobility, the Maharashtra government has officially sanctioned a policy framework for the operation of bike taxis across the state. Announced on Monday, the new Guidelines emphasise environmental responsibility, safety, and improved last-mile connectivity. Focus on Safety, Inclusivity, and Electric Transition The new policy allows bike taxis to …
The Ministry of Agriculture and Farmers Welfare has introduced a significant regulatory change by mandating Aadhaar authentication for individuals seeking subsidies and benefits under the electronic National Agriculture Market (eNAM) scheme. In a notification dated 21 April 2025, the Ministry clarified that Aadhaar will serve as a mandatory proof of identity for accessing benefits, …
The International Monetary Fund (IMF), in its April 2025 update to the World Economic Outlook, has lowered India’s GDP growth estimate for FY26 to 6.2%, down from 6.5% projected in January. The revision comes amid growing trade tensions and global economic uncertainty. Drivers Behind the Revision According to the IMF, the outlook remains supported by …
On April 23, 2025, as of 12:07 PM, the BSE Sensex was up 0.24% at 79,788.41, while the Nifty 50 was up 0.19% at 24,213.85. The mid-day top gainers and losers for the day are: Mid-Day Top Gainers Symbol Open High Low LTP %chng HCLTECH 1,555.00 1,600.00 1,543.70 1,595.00 7.78 TECHM 1,418.90 1,449.40 1,408.00 1,435.80 4.31 INFY 1,446.00 1,487.80 …
