Non-resident Indian (NRI) deposit inflows witnessed a significant rise of 23% during the first eleven months of FY25, according to the latest data from the Reserve Bank of India (RBI). From April 2024 to February 2025, NRIs parked ₹1,24,388 crore (US$ 14.55 billion) in Indian deposit accounts, compared to ₹1,00,878 crore (US$ 11.8 billion) during …
On April 25, 2025, as of 12:25 PM, the BSE Sensex was down 1.19% at 78,852.33, while the Nifty 50 was down 1.30% at 23,933.70. The mid-day top gainers and losers for the day are: Mid-Day Top Gainers Symbol Open High Low LTP %chng SBILIFE 1,723.50 1,762.00 1,651.10 1,677.50 4.31 INFY 1,475.50 1,501.70 1,463.50 1,484.30 0.88 TECHM 1,455.40 1,473.90 …
A terror attack occurred on April 22, 2025, at the Baisaran meadow near Pahalgam in Jammu and Kashmir’s Anantnag district. The incident resulted in 26 fatalities, including one foreign national and a local resident. Most of those killed were tourists. This has been recorded as one of the deadliest attacks in the region since 2019. …
According to the news reports, India may become the first country to conclude a bilateral trade agreement with the United States under the current US tariff policy, according to comments from US Treasury Secretary Scott Bessent. Trade negotiations between the two countries are in the advanced stages, with both sides aiming to finalise the first …
The National Stock Exchange (NSE) has updated the rules for companies listed on its SME platform that want to shift to the mainboard. The revised criteria will apply from May 1, 2025, as per the circular issued on April 24. Minimum Listing Period and Capital Companies need to be listed on the SME platform for …
VinFast, the Vietnamese electric vehicle manufacturer, is set to open its assembly plant in India by the end of June 2025, as per reports. Another plant in Indonesia is scheduled to become operational by October 2025. These plans were confirmed by CEO Pham Nhat Vuong during a recent shareholder meeting of Vingroup, VinFast’s parent company. …
Heading into the new year, Tesla stood tall. Its share price had reached an all-time high of $488.54 on December 18, and Elon Musk seemed invincible. Investors were encouraged by the prospect of a Trump presidency, speculating that favourable policies would follow, particularly ones that could benefit Tesla and Musk’s broader business interests. With momentum …
The Indian stock market saw a sharp decline on Friday, April 25. The BSE Sensex dropped over 1,000 points during intraday trade, and the Nifty 50 also saw a steep fall. This happened even though global markets were performing well. Selling pressure across different sectors pushed the indices lower. The Sensex opened at 79,830 compared …
Indian stock markets and banks will remain closed on Thursday, May 1, 2025, in observance of Labour Day, a public holiday celebrated across several states to honour the contributions of workers and promote their rights. This scheduled holiday is part of the official trading and banking calendar and will impact operations across the country. Stock …
If you’re planning any financial transactions or looking to trade stocks, it’s important to note that both the Indian stock market and banks will remain closed on May 1, 2025, in observance of Maharashtra Day and Labour Day. Trading and banking services resume on May 2. Why is May 1 a Holiday? International Labour Day, also …
