admin

384 POSTS0 COMMENTS
https://businesstimes.co

Sebi renews MCX Clearing Corporation’s recognition for 3 years

The market regulator, the Securities and Exchange Board of India (SEBI), has granted renewal of the recognition of Multi Commodity Exchange Clearing Corporation Ltd (MCXCCL) to act as a clearing corporation for a three-year three years period.  Beginning from July 31, the renewal will be valid till July 30, 2028.  ALSO READStocks making the biggest

Markets in wait and watch mode this Wednesday: Nifty closes above 25,200; Big cut in finance – 4 key highlights

Indian equity benchmarks ended Tuesday’s session on a firm footing, rebounding from a cautious start earlier in the day. Both Sensex and Nifty extended gains into the second half. At close, the Sensex stood at 82,634.48, gaining 0.08%, while the Nifty settled at 25,212.05, up 0.06%. The Nifty Bank also edged higher, closing at 57,168.95

Big GST cut on insurance in the works? What it means for your premiums in 2025

In the upcoming GST Council meeting this month, life and health insurance policyholders can expect some relief. The all-powerful GST council is expected to reduce or completely abolish the GST on life and health insurance premium. This issue has been pending for a long time, but now there are indications that some concrete steps can

Aurionpro signs multi-million dollar banking tech deal in Africa

Aurionpro Solutions on Wednesday announced that it has signed a major deal to deliver its cutting-edge, comprehensive digital banking solution to a leading bank in Africa. In a regulatory filing, the company said that the deal marks Aurionpro’s first major win for its digital banking software in the region. The multi-million-dollar deal includes licensing and

Another slow day for the market: Nifty closes below 25,500; Tech and metals see sharp losses

The Indian stock market closed lower today as both benchmark indices, Sensex and Nifty, ended the trading session in negative territory. The Sensex settled at 83,516.96 falling by 195.55 points or 0.23%, while the Nifty wrapped up at 25,476.10, down by 46.40 points or 0.18%. The Nifty Bank index also slipped, closing at 57,213.55, a

Delhi NCR’s real estate rates on fire: Record office deals and Rs 50 crore home sales surge—What’s fuelling the twin boom?

From buzzing office towers in Gurugram to multi-crore luxury apartments in Delhi’s prime locations, NCR’s real estate market is scripting a tale of two booming segments. In the first half of 2025, the region not only recorded its highest-ever office leasing activity but also led the country in ultra-luxury home sales, according to a new

Markets trend higher in afternoon trade. Nifty above 25,500, Sensex advances 270 points—5 key highlights

Indian equity markets closed the session on a higher note, scaling in the later hours of the trade. The Nifty 50 closed the session 0.24% higher at 25,523, and the Sensex ended the day 270 points higher at 83,712.  In line with the overall market sentiments, the Nifty Bank settled over 300 points higher at

Best FD rates July 2025: Senior citizens can still earn up to 8.8% on THESE bank FDs

In recent months, many banks have cut their fixed deposit (FD) interest rates in the wake of the RBI’s 100 basis points cut in the repo rate since February 2025. Despite this, some banks are still offering attractive interest rates on fixed deposits for senior citizens. These banks are small finance banks, which always have

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

MF inflows dip 22% in August

After an exceptional July, when inflows into equity funds soared to Rs 42,702 crore – the highest this calendar year – in August, flows were more subdued at Rs 33,430 crore – a drop of 22%, according to data from Association of Mutual Funds in India (Amfi).  Retail investors continued to tap the equity market

UltraTech sharpens southern focus as it nears 200 mtpa target: Analysts

UltraTech Cement is stepping up its play in southern India, with the region emerging as a critical growth engine for the country’s largest cement maker. According to analysts, the company has increased the south’s share of its total grey cement capacity to about 27%, compared with 16% in FY23, while its share of the industry’s

Urban Company IPO subscribed 3.13 times on day 1

The initial public offer of app-based beauty and home services platform Urban Company Ltd got fully subscribed hours after opening for bidding on Wednesday and later ended the day with 3.13 times subscription. The IPO received bids for 33,37,87,825 shares against 10,67,73,244 shares on offer, translating into 3.13 times subscription, as per NSE data. ALSO

Centre to allow immediate pension benefits on voluntary retirement under UPS? Here’s what govt assured

When the Unified Pension Scheme (UPS) was announced as an option in place of the National Pension System (NPS) for around 24 lakh central government employees, employee unions and experts flagged multiple issues in the scheme. One of the issues they raised pertained to the denial of pension benefits till actual superannuation on voluntary retirement

India adds 3.8 GW solar open-access capacity in H1 2025

India added 3.8 gigawatt (GW) of solar open access capacity in the first half of the calendar year 2025, down over 4% from 3.9 GW added in the first half of 2024, as per data from Mercom.  In the second quarter of 2025, the country added 2.7 GW of solar open access capacity.  ALSO READOrder