The Delhi government has introduced the Mahila Samriddhi Yojana, aimed at providing financial support to women from economically weaker sections (EWS). Under this scheme, eligible women will receive ₹2,500 per month directly in their bank accounts via Direct Benefit Transfer (DBT). The initiative, announced by BJP MP Manoj Tiwari, will begin registrations on March 8, …
The Securities and Exchange Board of India (SEBI) has introduced new nomination rules for demat accounts and mutual fund (MF) folios. These changes aim to simplify the transfer process, reduce paperwork and enhance investor convenience. The updated rules, effective from March 1, 2025, are expected to help with succession planning and minimise legal disputes over …
The Ministry of Corporate Affairs (MCA) has directed companies participating in the PM Internship Scheme (PMIS) to set up dedicated PMIS cells within their organizations. This comes as the scheme’s pilot phase saw a lower-than-expected response, with a major gap between offered and accepted internships. Low Acceptance Rate in First Round In the first round …
With former US President Donald Trump proposing tariffs on a broad range of imported goods, American consumers may soon face increased prices on everyday products. The extent of these price hikes, however, depends on numerous factors, including market competition, product necessity, and supply chain dependencies. While some sectors might absorb part of the cost, others …
Hindustan Power is set to make a significant contribution to Assam’s renewable energy sector with an investment of ₹620 crore. The company has signed a Memorandum of Understanding (MoU) with the Assam government to establish a 100-MW solar power plant and a 100-MW battery energy storage system, reinforcing its commitment to clean energy development in …
The United States is set to impose tariffs on automobile imports from Canada and Mexico, a move that could significantly impact major automakers. The tariffs, which may reach 25%, primarily target vehicles and parts imported from Mexico, potentially disrupting production, supply chains, and trade dynamics in the North American auto industry. The tariffs are scheduled …
The Securities and Exchange Board of India (SEBI) has extended the deadline for compliance with its updated regulations for Alternative Investment Funds (AIFs) to 31 March 2025. This follows requests from the AIF industry for additional time to implement the changes introduced in 2023. Revised Regulations for Investor Rights in AIF Schemes In November 2023, …
The Securities and Exchange Board of India (SEBI) has introduced stricter Key Performance Indicator (KPI) disclosure norms for Initial Public Offerings (IPOs) to enhance transparency and improve investor understanding of a company’s valuation and business performance. These guidelines, developed in collaboration with industry associations, mandate clear definitions of KPIs, inclusion of relevant financial and operational …
India has witnessed a remarkable rise in its Gross Expenditure on Research and Development (GERD) over the last decade, with spending more than doubling under Prime Minister Narendra Modi’s leadership. Dr Jitendra Singh, Union Minister for Science and Technology, highlighted this significant growth, stating that India’s GERD increased from ₹60,196 crore in 2013-14 to ₹1,27,381 …
The Indian real estate market maintained its upward momentum in Q4 2024, with housing prices in the country’s top 8 cities—Ahmedabad, Bengaluru, Chennai, Delhi National Capital Region (NCR), Hyderabad, Kolkata, Mumbai Metropolitan Region (MMR), and Pune—rising by 10% annually. This marks the 16th consecutive quarter of price appreciation since 2021, driven by sustained demand across …
