The Migsun Group has entered the commercial real estate sector in Greater Noida with a substantial investment of 160 crore in a mixed-use development. This project is strategically situated along the main thoroughfare of Alpha-II, Greater Noida, and will incorporate a variety of retail outlets, a food court, and upscale business suites. The company has
Edelweiss Mutual Fund / Asset Management Company Ltd (EMF / EAMC) has announced the launch of its ‘Edelweiss BSE Capital Markets & Insurance Exchange Traded Fund (ETF)’. This open-ended exchange-traded scheme is designed to replicate and track the BSE Capital Markets & Insurance Total Return Index. The ETF, the first of its kind in India
The Centre is expected to unveil the Direct Tax Code 2025, the simplified version of the income tax laws, in the upcoming Union Budget to be presented on February 1 next year. Once implemented, the Direct Tax Code will replace the Income Tax Act, 1961. Experts are of the view that the Direct Tax Code
The Reserve Bank of India (RBI) will most likely maintain its policy repo rate at 6.5% for the eleventh consecutive time during the concluding Monetary Policy Committee (MPC) meeting of 2024. This anticipated decision arises in the context of a difficult economic environment characterized by increasing inflation, decelerating GDP growth, and global uncertainties. The RBI’s
With nearly Rs 4,000 crore in gross premium income for Q2, Kotak Mahindra Life Insurance Company ranks among India’s top 10 private life insurers. In an interaction with Narayanan V, the company’s MD & CEO Mahesh Balasubramanian discusses the company’s recent performance, the impact of surrender value guidelines, and its product and distribution strategy. Why
In a major letdown for over 1 crore central government employees and pensioners, the Union Finance Ministry has confirmed that no proposal is under consideration for setting up the 8th Pay Commission. Responding to a question in the Rajya Sabha, Pankaj Chaudhary, Minister of State in the Ministry of Finance, categorically said that there is
Term insurance is all about pure risk protection — offering a death benefit to dependents in case the policyholder passes away during the policy term. However, if the policyholder survives the policy term, there’s no payout. This very feature leads to many people asking themselves “why should I pay for something if there’s no return?”
SBI Mutual Fund has launched SBI Quant Fund, an open-ended equity scheme that follows a quant-based investing theme. The mutual fund scheme, which will be available for subscription from December 4-18, is aimed at generating long-term capital appreciation by investing in equity and equity-related instruments selected based on an in-house quant model. However, there can
The Indian equity market has witnessed a massive erosion in the last 5 months, with key indices Sensex and Nifty falling up to 14% (as of March 6) from their September peaks. Among broader indices, Nifty Small-Cap 100 index has tumbled about 22% from its all-time high hit on December 12, 2025. Similarly, small-cap mutual
Indian biscuit maker Britannia Industries announced on Thursday that its Chief Executive Officer, Rajneet Singh Kohli, has resigned after serving in the role for two-and-a-half years. Kohli will be relieved from his duties on March 14, as per his request. The company has not yet named his successor. Kohli did not disclose the exact reason
India’s port sector is sailing through a reasonable momentum, with key players making some waves in the stock market. Port stocks saw a significant movement in today’s trading session. Adani Ports & Special Economic Zone (APSEZ) surged nearly 3% intraday, while JSW Infrastructure rallied over 7%. Other stocks in the sector also gained, including Cochin
The domestic key equity indices settled the session on a positive note, extending the gains of March 05. The NSE Nifty 50 rose more than 200 points or 0.93% to settle at 22,545, while the BSE Sensex rallied 610 points or 0.83% to finish at 74,340. The rally on D-Street was led by metals and
Trent is one of the biggest losers on Nifty today. The share price is down 2% intra-day. The share has been under pressure in 2025 thus far, plummetting almost 29% in 2025. Motilal Oswal on Trent: Reiterates a ‘Buy’ rating The Trent stock is under pressure but Motilal Oswal is betting on the business outlook.
