In a landmark announcement, Japan’s Nissan and Honda revealed plans to merge, setting the stage for a transformative shift in the global automotive industry. The two companies signed a memorandum of understanding, initiating discussions to establish a joint holding company by August 2026. This Nissan and Honda merger, expected to be finalised by mid-2025, positions …
Benchmark indices, BSE Sensex and NSE Nifty 50, ended flat on Tuesday. The Sensex reached a high of 78,877.36 during the day but ended lower at 78,472.87, down by 67.30 points or 0.09% from the previous day’s close. The Nifty50 closed at 23,727.65, losing 25.80 points or 0.11%. It traded between 23,867.65 and 23,709.65 during …
NSE Indices Limited, a subsidiary of the National Stock Exchange (NSE), has announced the launch of two new strategy indices—Nifty500 Quality 50 and Nifty500 Low Volatility 50. These indices are designed to track top-performing companies with strong quality metrics and low volatility, respectively. Understanding the Nifty500 Quality 50 Index The Nifty500 Quality 50 Index focuses …
Bandhan Mutual Fund has announced some important modifications to its Bandhan All Seasons Bond Fund, altering its fundamental attributes. These changes, approved by the fund house, aim to redefine the fund’s structure, investment approach, and associated risk levels. Below is an overview of the updates. Revised Scheme Name & Investment Objective The fund’s name will …
The start of 2025 set to witness the return Shark Tank India with its its fourth season, bringing with it a fresh wave of entrepreneurial spirit and a panel of esteemed investors ready to make deals. This season sees the return of familiar faces alongside exciting new additions, promising a dynamic and engaging viewing experience. …
On December 23, 2024, India’s key stock indices, Sensex and Nifty, ended their 6-day losing streak by closing in the green. The BSE Sensex climbed 0.64% or 498.58 points to settle at 78,540.17, while the NSE Nifty50 gained 0.95% or 165 points, closing at 23,753.45. The broader market showed mixed results. The BSE Midcap index …
The Union Budget for 2025 is scheduled for presentation on Saturday, February 01, 2025. While markets typically remain closed on weekends, the National Stock Exchange (NSE) has announced that stock exchanges will operate as usual to accommodate trading activity linked to Budget developments. This isn’t the first instance of markets operating on a Saturday for …
The Goods and Services Tax (GST) Council, in its 55th meeting held in Jaisalmer, took up several contentious issues but deferred decisions on some key matters. This article covers the major updates from the meeting, including discussions on food delivery, insurance premiums, popcorn varieties, and used electric vehicles. Deferment of GST Rate Cuts on Food …
Popcorn, the quintessential snack for movie lovers, has sparked an online debate—this time not over flavors but taxes. The spotlight is now on caramelised popcorn, which attracts a higher GST rate than its salted counterpart. So, what’s the catch? Let’s dive into the details. The Sweet Divide: Understanding GST Rates Currently, the Goods and Services …
The Indian stock exchanges, including the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), will remain shut on Thursday, December 25, 2024, in observance of Christmas. This closure will apply to all trading segments, including the equity segment, derivatives, and Securities Lending and Borrowing (SLB) segments. Trading Timings For MCX As per the BSE …
