The Delhi government has introduced the Ayushman Vay Vandana scheme, offering health coverage of up to ₹10 lakh for residents aged 70 and above. The scheme was launched on Monday, with Chief Minister Rekha Gupta and Union Minister Hardeep Singh Puri distributing the first set of health cards to beneficiaries at Thyagraj Stadium. Scheme Details …
India spent $86.1 billion on defence in 2024, according to a report by the Stockholm International Peace Research Institute (SIPRI). This represents a 1.6% increase compared to 2023 and a 42% rise since 2015. India ranked 5th among the world’s highest military spenders, following the United States, China, Russia, and Germany. Pakistan’s Defence Expenditure Pakistan …
Recent increases in US tariffs may result in a ₹2,700-4,500 crore earnings impact for Indian auto component exporters, ICRA said, as per the reports. From May 3, 2025, the US has imposed a 25% duty on key auto parts such as engines and transmissions. Previously, the duty on these components was 2.5%. Around 65% of …
As per Moneycontrol reports, the Union government is reviewing the structure of its 50-year interest-free capital expenditure (capex) loan scheme to address concerns that several states are relying heavily on central assistance rather than deploying their own funds for infrastructure projects, as per the reports. States’ Dependence on Central Loans According to finance ministry officials, …
Starting May 1, 2025, several important policy and regulatory changes will come into effect, impacting everyday banking, investing and transportation. Here’s a quick look at what’s changing: SEBI’s Retail Algo Trading Implementation The Securities and Exchange Board of India (SEBI) has extended the deadline for implementing rules around retail investors participating in algorithmic trading to May 1, 2025. …
The Securities and Exchange Board of India (SEBI) has introduced a new directive, requiring brokers to collect margins from clients within the T+1 settlement cycle. This new regulation mandates brokers to collect upfront Value at Risk (VaR) margins and Extreme Loss Margins (ELM) from their clients, with a deadline set for T+2 working days for …
Urban Company Plans Public Debut Gurugram-based Urban Company, a leading online platform for home and beauty services, has officially filed its draft red herring prospectus (DRHP) with SEBI, signalling its intent to raise ₹1,900 crore through an initial public offering. Out of the total issue, ₹429 crore will be raised through fresh share issuance, while …
On April 28, 2025, the Sensex climbed 1.27%, rising by 1,005.84 points to end at 80,218.37. Meanwhile, the Nifty 50 advanced 1.20%, closing at 24,328.50. Positive momentum in financial stocks and mid-cap counters fuelled the sharp rally ahead of the weekly expiry. Sensex Weekly Expiry Day Brings 1 Stock in F&O As the Sensex weekly expiry approaches …
Indian stock markets could see a stable-to-positive opening today, supported by gains in global markets and GIFT Nifty’s uptick. As of 8:25 AM, GIFT Nifty was trading 81 points higher (+0.33%) at 24,507.0, signalling a firm start to the new week. On April 28, the Nifty 50 closed at 24,328.50, up 289.15 points or 1.20%, …
Indian benchmark indices closed sharply higher on Monday, April 28, 2025, rebounding strongly after the previous session’s losses. Positive global cues and buying across major sectors boosted investor sentiment. The BSE Sensex surged 1,005.84 points (1.27%) to close at 80,218.37, while the NSE Nifty 50 climbed 289.15 points (1.20%) to settle at 24,328.50. Here are …
