The Finance Ministry has stated that no timeline can be given for the introduction of comprehensive regulatory guidelines for Virtual Digital Assets (VDAs) in India. Responding to written questions from parliamentarians Appalanaidu Kalisett and Lavu Sri Krishna Devarayalu asked in the Rajya Sabha about the details of the timeline anticipated for the introduction of regulatory
Fixed deposits (FDs) have always been a preferred investment choice for senior citizens as they help them earn assured returns without affecting their investments owing to market fluctuations. Senior citizens also opt for FDs because they usually get higher interest rates than people below 60 years of age. Higher interest rates up to 0.50 per
Indian benchmark equity indices ended the week on a lower note (December 19), with indices ending in red The BSE Sensex closed the week at 78,041.59, down by 1176.46 points or 1.49 per cent, while the NSE Nifty ended at 23,587.50, shedding by 364.20 points or 1.52 per cent. The Nifty Bank index also ended
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a negative opening on Friday. Here’s a look at the key stocks to watch in trade. Stocks in Focus: GIFT Nifty was trading 83 points or 0.35% lower at 23,921 indicating a negative start for domestic indices NSE Nifty 50
Adani Enterprises shares were trading lower despite a favourable ruling in the Dharavi redevelopment project matter by the Bombay High Court. Adani Enterprises fell more than 1% to an intra-day low of Rs 2,388. The Bombay High Court dismissed the petition against Adani Group redeveloping the Dharavi slum. The HC upheld the tender awarded to
Senores Pharmaceuticals, an emerging player in the pharma industry, has kicked off its IPO today (December 20). The bidding window of the public issue is set to close on December 24. The IPO of Senores Pharmaceuticals offers shares in a price range of Rs 372 to Rs 391 per share. Senores Pharmaceuticals IPO – GMP
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 might see a negative start on Friday following Asian markets opening on a mixed note in early trade hours. Previously, on Thursday, the NSE Nifty 50 closed the session 247 points or 1.02% lower at 23,952, while the BSE Sensex fell 964
The union finance ministry has issued clarifications, saying it has no plans to reintroduce currency notes of denomination of more than Rs 500. This statement was made in response to a question raised in the Rajya Sabha regarding the reintroduction of such notes. Responding to the question asked by MP Ghanshyam Tiwari about whether the
8th Pay Commission: The salary structure for central government employees in India has evolved significantly over the years — from Rs 55 per month in 1946 to Rs 18,000 per month currently. Various pay panels recommended salary and pension hikes periodically, taking into consideration various economic factors from time to time. Each Pay Commission aimed
Tax-Saver Fixed Deposits (FDs), Equity Linked Saving Schemes (ELSS), and the National Savings Certificate (NSC) are among the most popular tax-saving investment options under Section 80C of the Income Tax Act, 1961. Assesses opting for the Old Tax Regime can claim deductions of up to Rs 1.50 lakh on these investments, making them an essential part of
The government has invited applications for the position of chairperson at the Insurance Regulatory and Development Authority of India (IRDAI) as the tenure of the current chairman, Debasish Panda, will conclude on March 13, 2025. The deadline for the submission of applications is April 6, per the notification from the Department of Financial Services, Ministry
The cement industry will look at a robust revival in 2025 with expectations of improvement in sales realisation, higher margins and acceleration in demand. Most brokerage reports indicate that pent-up demand, renewed capex pus, and sustained momentum in the housing sector are going to drive up demand. The fact that cement prices too are holding
The difficulties for Bhavish Aggarwal seem to be growing as he expands stores. Ola Electric’s share price plunged 4.4% intra-day to Rs 54.03. This is after the company came under scrutiny over reportedly not having a trade certificate for dealerships. Ola Electric’s dealership stores were raided by transport authorities across different states, showrooms were closed
