As March 2025 nears its end, banks in India will observe holidays for up to three days, as per the Reserve Bank of India’s (RBI) annual holiday calendar. However, bank closures vary by state due to regional festivals, religious observances, and other scheduled holidays. Bank Holidays in March 2025 as Per RBI’s Official Calendar The …
Tesla Inc., the world-renowned electric vehicle (EV) manufacturer owned by Elon Musk, is embroiled in a legal battle in India over its trademark. The Delhi High Court has set April 15, 2025, as the date to hear the dispute between Tesla Inc. and Tesla Power India Private Limited after mediation efforts failed. The case centres …
As of March 27, 2025, the Nifty 50 closed at 23,591.95, gaining 105.10 points (0.45%), while the BSE Sensex settled at 77,606.43, up 317.93 points (0.41%). After a weak start on Thursday, the Sensex rose 210 points, while the Nifty 50 climbed 0.28%. Early losses, triggered by concerns over U.S. President Donald Trump’s auto import …
Indian firms have increased their overseas investments significantly in FY25. Data from the Reserve Bank of India (RBI) shows that $36 billion was remitted abroad through Overseas Direct Investment (ODI) in the first 11months of the financial year. This marks a 40% increase compared to $25.2 billion in FY24 and $24.8 billion in FY23. February …
The Ministry of Coal will launch the 12th tranche of commercial coal mine auctions on Thursday, March 27, 2025. A total of 25 coal blocks are being offered in this round. Breakdown of the 25 Mines Out of the 25 mines, 7 fall under the Coal Mines (Special Provisions) Act, 2015 (CMSP), and 18 under …
India has made significant progress in its transition towards cleaner sources of power. According to a recent government report, the share of renewables in the country’s total electricity generation has increased from 6% in FY15 to 12.1% in FY24. This shift highlights a broader trend towards sustainability, driven by technological advancements, government incentives, and rising …
Gujarat has firmly established itself as a frontrunner in India’s renewable energy journey. As per recent updates from the Legislative Assembly, the state’s total installed capacity of renewable energy projects has reached 32,924 megawatts (MW). This accounts for nearly 15% of India’s total installed renewable capacity of 2,14,677 MW, reflecting the state’s strategic push toward …
India’s defence production has touched a record high of ₹1,27,000 crore (US$ 14.80 billion) in the financial year 2023-24, according to the Ministry of Defence. This marks a significant milestone under the Make in India initiative, which aims to enhance domestic manufacturing and reduce reliance on imports. The most notable shift is in the origin …
In a significant move favouring electric vehicle (EV) manufacturers, Maharashtra Chief Minister Devendra Fadnavis announced the rollback of the proposed six per cent tax on high-end electric vehicles priced above ₹30 lakh. The decision, declared during a legislative session on Wednesday, marks a strategic pivot from a policy initially introduced in the 2025–26 state budget …
On March 27, 2025, as of 12:06 PM, the BSE Sensex was up 0.39% at 77,592.75, while the Nifty 50 was up 0.41% at 23,583.15. The mid-day top gainers and losers for the day are: Mid-Day Top Gainers Symbol Open High Low LTP %chng MBLINFRA 34.5 41.4 34.46 41.4 20 NATCAPSUQ 168.05 199 168.05 188.41 …
