The Indian government is planning to restrict Chinese ownership in electronics joint ventures to a maximum of 10%, as per news reports. This move is part of a broader strategy to reduce supply chain dependency on China and strengthen India’s domestic electronics manufacturing ecosystem through technology transfers and local expertise development. Building a Self-Reliant Electronics …
India’s smartphone shipments fell by 8% year-on-year in the January-March quarter of 2025 to 32.4 million units, mainly due to persistent weakness in consumer demand and an elevated channel inventory from late 2024, according to the latest research data released by Canalys on Monday. The market tracker stated, “This inventory overhang disrupted product launch …
On April 22, 2025, as of 12:07 PM, the BSE Sensex was up 0.36% at 79,696.54, while the Nifty 50 was up 0.31% at 24,203.55. The mid-day top gainers and losers for the day are: Mid-Day Top Gainers Symbol Open High Low LTP %chng SBIN 821.15 833.9 814 833.2 2.02 KOTAKBANK 2,249.00 2,301.90 2,245.40 2,285.50 1.97 TATACONSUM 1,121.70 1,149.00 …
In a groundbreaking step towards financial innovation, China has launched an advanced gold ATM in Shanghai that allows users to deposit their gold and receive the equivalent amount of money in their bank account—all within just 30 minutes, as per news reports. Gold ATM Offers Instant Payout After Melting and Purity Check The ATM, set …
On April 21, 2025, the Sensex jumped 1.09%, gaining 855.30 points to close at 79,408.50. The Nifty 50 advanced 1.15%, finishing at 24,125.55. Market sentiment remained optimistic ahead of the Tuesday weekly expiry, supported by sharp moves in select mid-cap and large-cap stocks. Sensex Weekly Expiry Day Brings 5 Stocks in F&O As the Sensex …
The Employees’ Provident Fund Organisation (EPFO) added 16.10 lakh net members in February 2025, reflecting a 3.99% year-on-year increase, as per the labour ministry’s latest payroll data. The data indicates strong momentum in formal job creation, particularly among youth and women. Surge In New EPFO Subscribers Around 7.39 lakh new subscribers were enrolled during February …
India’s market regulator, the Securities and Exchange Board of India (SEBI), is proposing to continue the relaxation from sending physical copies of financial statements to certain investors holding listed non-convertible securities. This move, aimed at reducing paperwork and aligning with digital practices, comes as part of a new draft circular released for public consultation. What Is …
India’s equity market is witnessing a strong comeback from Foreign Institutional Investors (FIIs), who have recently infused ₹14,670 crore into the Indian cash market over just three trading sessions from April 15 to April 17, 2025. This sudden turnaround in investor sentiment has sparked renewed confidence and is raising hopes for sustained foreign capital inflows …
India’s telecom industry continued to grow in January 2025, with Reliance Jio holding on to its top position and Bharti Airtel leading in new customer additions. According to the latest report by the Telecom Regulatory Authority of India (TRAI), the wireless subscriber base saw modest growth, while companies like Vodafone Idea and BSNL continued to lose users. …
India’s fintech landscape has evolved dramatically over the past decade, emerging as one of the largest and fastest-growing fintech ecosystems in the world. India’s fintech sector is thriving. Valued at $102.61 billion in 2023, it is projected to expand nearly five times to $513.77 billion by 2032, growing at a compound annual growth rate (CAGR) of …
