The Mukhyamantri – Majhi Ladki Bahin Yojana, a government welfare scheme aimed at empowering women in Maharashtra, is set to give bigger payouts to its beneficiaries, as per news reports. The scheme which currently supports over 24 million women, is said to increase its monthly financial assistance from ₹1,500 to ₹2,100. This initiative aligns with …
The National Highways Authority of India (NHAI) was established by an Act of Parliament in 1988 under the administrative control of the Ministry of Road Transportation and Highways. The NHAI has been established as a Central Authority to develop, maintain, and manage the National Highways entrusted to it by the Government of India. NHAI to …
The stock market operates on specific days, but scheduled holidays impact trading activities. In January 2025, investors should note these holidays to plan their trading strategies effectively. Market closures often align with national festivals or significant events, and understanding these dates can help traders avoid surprises and ensure smoother financial planning. Stock Market Holidays in …
The Securities and Exchange Board of India (SEBI) has proposed introducing a 15-minute post-market Call Auction Session (CAS) to determine the closing price of stocks in the equity cash market. Initially limited to derivative stocks for liquidity, the move aims to replace the existing VWAP system and align with global standards. SEBI’s Proposal for a …
The Securities and Exchange Board of India (SEBI) has proposed a shift in the method used to determine the closing price of a stock. Currently, the volume-weighted average price (VWAP) is employed, but SEBI is considering replacing this with a Close-Auction Session (CAS), a practice commonly used in international markets. The shift comes in response …
The Securities and Exchange Board of India (SEBI) issued a warning on December 5 regarding the risks associated with unregulated online platforms offering unlisted debt securities. These platforms operate without proper regulatory oversight, putting investors at risk due to the lack of investor protection and grievance redress mechanisms. Legal Violations by Unregulated Platforms SEBI highlighted …
December 6, 2024, marks the 68th death anniversary of Dr. B.R. Ambedkar, the visionary architect of the Indian Constitution and a steadfast advocate for social justice. On Mahaparinirvan Diwas, thousands gather at Chaityabhoomi in Mumbai to honor a leader whose legacy continues to inspire millions. Each year, Mahaparinirvan Diwas witnesses a large gathering of people …
The Securities and Exchange Board of India (SEBI) has proposed a revised framework for settling funds in inactive trading accounts. This initiative aims to improve operational efficiency while ensuring that investors’ interests are adequately protected. Current Settlement Process for Inactive Accounts At present, stock brokers are required to return funds to clients who have not …
On December 6, 2024, Maharashtra observes Mahaparinirvan Diwas, marking the 68th death anniversary of Dr. B.R. Ambedkar. This significant day sees thousands gathering at Chaityabhoomi in Mumbai to honour his legacy. Here’s a concise guide on what’s open and closed in Maharashtra on this day. Government Offices The Maharashtra government has declared a local holiday …
The Employees’ Provident Fund Organisation (EPFO) has extended the deadline for employees to activate their Universal Account Numbers (UAN) to December 15, 2024. This extension gives employees extra time to link their UAN with Aadhaar and bank accounts—a mandatory step to receive Employment Linked Incentive (ELI) scheme benefits directly through the Direct Benefit Transfer (DBT) …
