Easebuzz has received the final Reserve Bank of India approval to operate as an online payment aggregator. The platform processes $30 billion in annual transactions and serves over 2 lakh businesses, including SMEs and startups. Easebuzz Joins Leading Payment Providers with RBI Nod Easebuzz has received final approval from the Reserve Bank of India (RBI) …
The Reserve Bank of India has mandated that all agency banks remain open on March 31, 2025, which is a public holiday, to process government receipts and payments. This will ensure that transactions are completed within the 2024-25 fiscal year. RBI Instructs Banks to Publicise Services on March 31, 2025 “Banks shall give due publicity …
Banks in certain states will remain closed on February 12, 2025, for Guru Ravi Das Jayanti and local elections, as per news reports. However, digital banking services will continue to function as usual. Details on Bank Holiday in Select States Guru Ravi Das Jayanti is a significant observance in some regions of India, especially Himachal …
The Adani Group, a prominent Indian multinational conglomerate founded by Gautam Adani in 1988, is headquartered in Ahmedabad, Gujarat. The group operates across an expansive array of sectors, including energy, ports, logistics, mining, airports, renewable energy, and infrastructure. ₹6,000 crore Investment in Mumbai and Ahmedabad On February 10, 2025, Indian billionaire Gautam Adani announced a …
Ownership in the Indian stock market is shifting. Foreign investors, once the dominant force, are reducing their stakes, while domestic institutional investors (DIIs) and retail investors are increasing their share. The latest data from December 2024 gives a clearer picture of these changes. Foreign Investors Stake Foreign Portfolio Investors (FPIs) pulled out $12 billion from …
February 2025 saw several significant events influencing the Indian stock market. Here’s a breakdown of the key factors that shaped the market’s trajectory: Jan 2025 Auto Sales India’s automotive industry showed mixed results in January 2025. Passenger vehicle sales increased by 3%, while two-wheeler dispatches saw only a modest 1% year-over-year growth. This trend may …
On February 10, 2025, Indian stock markets ended lower In a significant escalation of his trade policy, US President Donald Trump revealed, the United States would impose a 25% tariff on all steel and aluminum imports, with additional metal duties expected to be announced later in the week. The BSE Sensex closed at 77,311.80, marking …
The Nifty Financial Services Index (FINNIFTY) represents the performance of India’s financial sector, encompassing banks, financial institutions, housing finance companies, insurance firms, and other financial services providers. It is composed of 20 stocks listed on the National Stock Exchange (NSE) and is computed using the free float market capitalisation method, ensuring a representation of market …
The Nifty Smallcap 100 Index, which tracks the performance of the small-cap segment on the National Stock Exchange (NSE), witnessed a significant decline on February 10, 2025. As of 3:08 PM, the index was down by over 2%, breaching the Budget Day low. Market breadth remained extremely weak, with 92 stocks in red and only …
The Nifty Bank Index is a benchmark that tracks the performance of the most liquid and large Indian banking stocks. Comprising a maximum of 12 banks listed on the National Stock Exchange (NSE), it serves as a key indicator for investors and market intermediaries to assess the capital market performance of Indian banks. Nifty Bank …
