The Odisha government has announced a 2% increase in Dearness Allowance (DA) for state government employees and pensioners. The revised rate takes the DA from 53% to 55% and will be implemented retrospectively from January 1, 2025. According to the state’s official communication, the revised DA and the corresponding Temporary Increase (TI) for pensioners will …
The U.S. administration has issued updated guidance exempting smartphones, computers, and key tech components from new reciprocal tariffs. The notice, released by U.S. Customs and Border Protection on Friday, comes after President Donald Trump had earlier imposed a 145% tariff on Chinese imports, raising concerns across the technology sector. Products Covered Under the Exemption According …
India is considering a reduction in import duties on high-end fully built vehicles as part of ongoing trade discussions with the United States, the European Union, and the United Kingdom, as per the reports. Discussions are focused on vehicles priced above ₹40 lakh, with a proposal for a fixed annual import quota also under consideration. …
NITI Aayog, India’s premier policy think tank, has unveiled a vision for the country’s automotive sector through its latest report titled “Automotive Industry: Powering India’s Participation in Global Value Chains.” The report projects that India’s automotive component production could grow to USD 145 billion by 2030. Alongside this, the export potential is expected to …
The Nifty Bank index witnessed a sharp uptick in today’s session, climbing 1,351.85 points or 2.65% as of 11:50 AM. The index traded in the range of 51,863.30 to 52,386.50, building on positive momentum amid strong buying in heavyweight banking stocks. Seasonality Backs April Momentum April continues to live up to its reputation of being …
On Tuesday, the Indian stock market continued its upward trend for the second day in a row, opening with a strong gain. The Nifty 50 opened at 23,368 and reached an intraday high of 23,368, showing a gain of 540 points. Similarly, the Sensex opened at 76,852 and hit an intraday high of 76,907, recording …
The Nifty Smallcap 100 Index witnessed a strong surge of 2.67% on April 15, 2025, reaching 16,115.75, up by 419.65 points as of 11:18 AM on the NSE. This rise reflects renewed investor interest in the small-cap segment, despite previously mixed sentiment in the broader market. The Nifty Smallcap 100 serves as a key benchmark …
Indian benchmark indices opened positively on Tuesday. At 10:58 AM, BSE Sensex rose over 1556.62 points after the market opened and was trading at 76,713.88. Sensex opened at 76,852.06 and was trading at 76,713.88, up by 2.07%. BSE Sensex 30 Stocks As of 10:59 AM, out of the 30 stocks in the BSE Sensex, only 3 were trading in the …
This week features several notable corporate actions that investors should keep an eye on. From interim and final dividend declarations to significant stock splits, understanding these developments can help investors make timely portfolio decisions. Upcoming Dividend Issue This Week Company Dividend Ex-Date Hexaware Technologies Ltd ₹5.75 (Interim) 15-Apr-25 Mazagon Dock Shipbuilders Ltd ₹3.00 (Interim) 16-Apr-25 Sanofi …
On April 11, 2025, the Sensex surged 1.77%, rising 1,310.11 points to close at 75,157.26. Meanwhile, the Nifty 50 climbed 1.92%, finishing at 22,828.55. Sensex Weekly Expiry Day Brings 4 Stocks in F&O As the Sensex weekly expiry approaches on Tuesday, April 15, 2025, the National Stock Exchange (NSE) has imposed a trading ban on 4 stocks …
