Indian banks have written off a staggering ₹16.35 lakh crore in bad loans over the last ten financial years, according to government data presented in Parliament. While these write-offs are in line with regulatory norms, they do not absolve defaulters, and recovery efforts remain a priority. The trend highlights both the challenges and improvements in …
A recent report indicates that the Income Tax Department will reportedly gain extended authority to examine individuals’ digital footprints, including emails, social media accounts, bank transactions, and online investments. If there are suspicions of tax evasion, undeclared assets, or concealed financial records, tax officials may be able to investigate digital accounts as part of their …
After a 10-day losing streak, Nifty has experienced its longest decline in recent times, marking a 16% correction from its September highs. This is now the 6th largest drop since the 2008-09 financial crisis and the second-largest since the Covid-led market crash in 2020. Here are the top 5 reasons why this decline could be …
On March 18, 2025, the NSE closed at 22,834.30, up by 325.55 points, marking a 1.45% increase. Meanwhile, the BSE closed at 75,301.26, gaining 1,131.31 points, a rise of 1.53%. Top Gainers of the Day Symbol LTP (₹) %Chng Volume ICICIBANK 1,311.5 3.35 1,56,45,071 LT 3271 3.07 20,29,841 SHRIRAMFIN 641.95 3 69,14,606 M&M 2785 2.95 …
Union Finance Minister Nirmala Sitharaman launched a mobile application for the Pradhan Mantri Internship Scheme (PMIS) in New Delhi on Monday. The app is designed to streamline access to internships and simplify the application process. It features Aadhaar-based face authentication for registration, personalised dashboards, and real-time notifications. PM Internship Scheme Overview The PM Internship Scheme …
The 8th Pay Commission is expected to revise the salary and pension structures for central government employees. The government has sought inputs on the Terms of Reference (ToR) from key ministries, including the Ministry of Finance, the Ministry of Defence, the Ministry of Home Affairs, and the Department of Personnel & Training. State governments have …
On March 18, 2025, as of 12:05 PM, the BSE Sensex was up 1.20% at 75,062.08, while the Nifty 50 was up 1.17% at 22,772.65. The mid-day top gainers and losers for the day are: Mid-Day Top Gainers Symbol Open High Low Prev. Close LTP %chng UTTAMSUGAR 193.87 230.9 193.87 192.42 230.9 20 TTL 10.31 …
The government has introduced significant changes to pension regulations, ensuring greater financial security for women in difficult circumstances. These reforms, announced by Union Minister Jitendra Singh, aim to eliminate bureaucratic delays and provide immediate relief to eligible beneficiaries. Key Pension Reforms for Women Direct Pension Claim for Divorced or Separated Daughters Previously, divorced or separated …
The operating margins of TV broadcasters are expected to improve by 300 basis points (bps), reaching 15% by the fiscal year 2027, as per a recent analysis by Crisil Ratings. Digital Expansion to Drive Profitability Growth The growth in the operating margins will be fuelled by an increasing focus on digital offerings, which are enhancing …
Elon Musk’s Starlink, the satellite broadband venture under SpaceX, is making strides in global connectivity. But can it truly challenge the dominance of Indian telecom giants like Reliance Jio and Bharti Airtel? While satellite internet has its advantages, particularly for remote regions, questions remain about its affordability, speed, and overall competitiveness in India’s price-sensitive market. …
