The Indian stock market indices, Sensex and Nifty 50, will likely be impacted on November 08, influenced by positive cues from global markets. Asian markets are trading higher, and the US stock market saw a strong rally overnight, with the S&P 500 and Nasdaq reaching record closing highs. The rally on Wall Street was boosted …
On November 07, the Indian stock market is likely to be impacted as mixed signals emerged from global markets following Donald Trump’s win in the 2024 US presidential election. Gift Nifty was trading around 24,440, about 150 points below Nifty futures’ last close. Previous Trading Session On Wednesday, the Indian stock market saw a strong …
Bank Nifty Performance The month of October witnessed a significant market sell-off, with foreign institutional investors (FIIs) selling over Rs 1 lakh crore, marking one of the worst months recently. This correction has affected the stock market, with many sectors declining between 10% and 15%. It’s interesting to see how valuations stand across different sectors. …
On February 29, 2024, the Government of India approved the Pradhan Mantri Surya Ghar: Free Electricity Scheme, which will increase the share of solar rooftop capacity and allow residential households to generate their own electricity. The scheme, which has an outlay of ₹75,021 crore, will be implemented. About Pradhan Mantri Surya Ghar Muft Bijli Yojana …
The Sanchar Saathi portal is a government initiative by the Department of Telecommunications aimed at empowering mobile users, enhancing their security, and promoting awareness of citizen-focused programs offered by the Government. DoT developed the Sanchar Saathi portal The Department of Telecommunications (DoT) has created the Sanchar Saathi portal (www.sancharsaathi.gov.in) to empower citizens, which includes the …
The Beti Bachao Beti Padhao (BBBP) initiative, which was inaugurated in 2015, remains a fundamental aspect of India’s strategies aimed at tackling gender inequality and enhancing the well-being of girl children. Recent developments have underscored notable growth and obstacles within the program’s structure. The BBBP is fully funded by the Central Government The primary metrics …
Brickwork Ratings India Pvt Ltd is a credit rating agency based in India that assesses the creditworthiness of various entities, such as corporations, financial institutions, state and local governments, as well as other public sector organisations. Brickwork Ratings Reached a Settlement with SEBI for ₹1.54 Crore Brickwork Ratings has reached a settlement of ₹1.54 crore …
On December 5, 2024, both the BSE Sensex and NSE Nifty 50 ended the day in green. The BSE Sensex ended at 81,765.86, up by 809.53 points or 1%. Similarly, the Nifty50 also closed at 24,708.40, up by 240.95 points or 0.98%. Sectoral Performance On Thursday, Nifty IT and Nifty Oil & Gas ended in the green …
The Government has been promoting ethanol blending with petrol through the Ethanol Blended Petrol (EBP) Programme. Under this initiative, ethanol blending has increased from 188.6 crore litres in 2018-19 to over 700 crore litres in 2023-24. On December 03, 2024, The Ministry of Petroleum & Natural Gas announced that Ethanol blending in petrol has reached …
The SEBI Minimum Public Shareholding (MPS) regulations typically require that listed companies in India maintain at least 25% of their shares in public hands. However, in the case of government-owned public sector banks (PSBs) and companies, SEBI made adjustments in August 2014, allowing these banks to meet a reduced requirement of just 10% public shareholding. …
