The Securities and Exchange Board of India (SEBI) has proposed introducing a 15-minute post-market Call Auction Session (CAS) to determine the closing price of stocks in the equity cash market. Initially limited to derivative stocks for liquidity, the move aims to replace the existing VWAP system and align with global standards. SEBI’s Proposal for a …
On Friday, December 6, 2024, the Indian benchmark indices Sensex and Nifty 50 are expected to open cautiously ahead of the announcement of the RBI policy. Check out a few stocks that might be in focus during the trading session. Vodafone Idea (Vi) On December 9, the board of Vi will review a proposal to raise ₹2,000 …
The Securities and Exchange Board of India (SEBI) has proposed a revised framework for settling funds in inactive trading accounts. This initiative aims to improve operational efficiency while ensuring that investors’ interests are adequately protected. Current Settlement Process for Inactive Accounts At present, stock brokers are required to return funds to clients who have not …
December 6, 2024, marks the 68th death anniversary of Dr. B.R. Ambedkar, the visionary architect of the Indian Constitution and a steadfast advocate for social justice. On Mahaparinirvan Diwas, thousands gather at Chaityabhoomi in Mumbai to honor a leader whose legacy continues to inspire millions. Each year, Mahaparinirvan Diwas witnesses a large gathering of people …
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 Employees’ Provident Fund Organisation (EPFO) has extended the deadline for employees to activate their Universal Account Numbers (UAN) to December 15, 2024. This extension gives employees extra time to link their UAN with Aadhaar and bank accounts—a mandatory step to receive Employment Linked Incentive (ELI) scheme benefits directly through the Direct Benefit Transfer (DBT) …
