The Provident Fund (PF) is a government-mandated savings initiative aimed at offering financial security and retirement benefits to employees. It functions as a long-term savings tool and is widely adopted in various countries, including India, under specific regulations. Withdrawals from the Provident Fund at ATMs Starting in January 2025, individuals will be able to withdraw …
On December 12, 2024, the BSE Sensex ended in red closing at 81,289.96, down by 0.29% and NSE Nifty50 closed at 24,548.70, dropping by 93.10 points or 0.38%. Sectoral Performance On Thursday, Nifty Media, Nifty FMCG and Nifty Oil & Gas ended in the red. Nifty IT and Nifty Metal ended in the green. Nifty Media and …
CarDekho, one of India’s leading online car search platforms, is on track to achieve impressive growth in FY 2025. According to its founder, Amit Jain, the company expects to grow by 50% as a group in FY 2025, following a robust 54% increase in profits in FY 2024. Jain emphasised the importance of compounding growth, …
On December 11, 2024, the BSE Sensex ended in green closing at 81,526.14, up by 0.02% and NSE Nifty50 closed at 24,641.80, rising by 31.75 points or 0.13%. Sectoral Performance On Wednesday, Nifty PSU Bank, Nifty Media, and Nifty Bank ended in the red. Nifty Consumer Durables, Nifty FMCG and Nifty Healthcare Index ended in the green. …
The National Highways Authority of India (NHAI), established under the 1988 NHAI Act, manages national highways, ensuring transparency, quality, and user convenience in their development and maintenance. NHAI Scrapped Its ₹1400 Crore Bond Issue The National Highways Infra Trust has cancelled its bond issue worth ₹1,400 crore. This decision was attributed to high interest rates …
The Nifty Smallcap 100 Index reflects the behaviour and performance of the small-cap segment of the financial market. It comprises 100 tradable stocks listed on the National Stock Exchange (NSE), serving as a benchmark for the small-cap segment. Record-Breaking Performance On December 11, 2024, the Nifty Smallcap 100 Index reached a fresh all-time high, surpassing …
The Securities and Exchange Board of India (SEBI) has revealed its plan to extend the optional T+0 settlement cycle to the top 500 companies by market capitalisation, effective as of December 31, 2024. The implementation will begin with the bottom 100 scrips, gradually adding the next 100 companies each month. This phased approach will ensure …
In a significant step towards sustainable infrastructure, DME Development Ltd (DMEDL), a subsidiary of the National Highways Authority of India (NHAI), raised ₹775 crore through the issuance of Green Bonds on December 09, 2024. This marks a milestone for the roads and highways sector, demonstrating the growing alignment between infrastructure growth and environmental sustainability in …
On December 10, 2024, the BSE Sensex ended in green closing at 81,510.05, up by 1.59 points and NSE Nifty50 ended the day in red closing at 24,610.05, dropping by 8.95 points or 0.04%. Sectoral Performance On Tuesday, Nifty Media, Nifty Oil and Gas, and Nifty Pharma ended in the red. Nifty Realty, Nifty IT and Nifty …
The Information Technology (IT) sector holds significant weightage in the Nifty50 index, standing at 13.76%, making it the second-largest contributor after financials. Nifty IT Scales New Heights On December 10, 2024, the Nifty IT index surged by 0.70%, reaching a new all-time high of 45,377.75, surpassing its previous peak of 45,027.95 recorded on December 5, …
