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FASTag Rules Change from Today: What It Means for You

FASTag Rules Change from Today: What It Means for You

17 February 2025

From February 17, 2025, the National Payments Corporation of India (NPCI) has introduced new rules for FASTag users, as per the reports. These changes focus on blacklisted FASTags, transaction delays, and chargeback policies. Here’s what you need to know. Blacklisted FASTags: Payments Will Be Declined If a FASTag is blacklisted at the time of scanning, …

BSNL’s Remarkable Comeback: Posts ₹262 Crore Profit After 17 Years

BSNL’s Remarkable Comeback: Posts ₹262 Crore Profit After 17 Years

17 February 2025

Bharat Sanchar Nigam Limited (BSNL) has reported a profit of ₹262 crore in the third quarter of the financial year, marking its first return to profitability since 2007. This milestone highlights the company’s strategic focus on innovation, network expansion, cost optimisation, and customer-centric service enhancements. Announcing the financial results, BSNL’s Chairman and Managing Director, Shri …

India’s Smartphone Exports Surge to Record High in January 2025

India’s Smartphone Exports Surge to Record High in January 2025

17 February 2025

India’s smartphone exports reached an all-time high of ₹25,000 crore ($3.14 billion) in January 2025, surpassing the total exports of FY21. This marks a staggering 140% year-on-year increase from ₹11,373 crore ($1.31 billion) recorded in January 2024. Union Minister of Information & Broadcasting, Railways, Electronics & IT, Mr Ashwini Vaishnaw, projected that smartphone exports in …

India Increases Gold and Silver Import Base Prices

India Increases Gold and Silver Import Base Prices

17 February 2025

The Indian government has increased the base import price of gold and silver in response to rising global prices. According to a notification from the Central Board of Indirect Taxes and Customs (CBIC) issued on February 14, the base price of gold has been raised by $41 per 10 grams to $938, while the base …

BSE Sensex Slides Amid Market Turmoil: Investor Wealth Shrinks by Over ₹27 Lakh Crore

BSE Sensex Slides Amid Market Turmoil: Investor Wealth Shrinks by Over ₹27 Lakh Crore

17 February 2025

The Indian stock market remained under pressure as the BSE Sensex slipped by 0.30% or 222 points, trading near 75,700 by midday on February 17, 2025. The benchmark index opened lower and extended its decline, falling below the previous session’s low. However, partial recovery was seen from the day’s lows, led by HDFC Bank and …

RBI To Infuse Over $16 Billion To Manage Liquidity Needs

RBI To Infuse Over $16 Billion To Manage Liquidity Needs

17 February 2025

According to news reports, the Reserve Bank of India (RBI) is set to inject over $16 billion into the banking system next week to counterbalance large outflows due to tax payments. The central bank has significantly increased its liquidity infusion through government securities purchases and other measures to ensure sufficient market liquidity. Increased Government Securities …

SEBI Updates Timelines for Consolidated Account Statement Issuance by Depositories

SEBI Updates Timelines for Consolidated Account Statement Issuance by Depositories

17 February 2025

The Securities and Exchange Board of India (SEBI) has modified the timelines for issuing Consolidated Account Statements (CAS) to improve compliance efficiency. As per a circular issued on Friday, depositories will now have revised deadlines for dispatching CAS, with changes affecting both monthly and half-yearly statements. Updated Deadlines for Monthly CAS Under the new framework, …

EU and Ministry of Textiles Launch Initiatives to Strengthen India’s Textile Sector

EU and Ministry of Textiles Launch Initiatives to Strengthen India’s Textile Sector

17 February 2025

The European Union (EU) and the Ministry of Textiles have jointly launched seven projects to enhance India’s textile and handicraft sector. Announced at Bharat Tex, these initiatives aim to promote sustainability, economic empowerment, and resource efficiency across nine states in India. EU’s Funding and Sustainable Growth The projects, backed by an EU grant of EUR …

PM Kisan 19th Instalment Out this Month: Key Updates to Know

PM Kisan 19th Instalment Out this Month: Key Updates to Know

10 February 2025

The Union Agriculture Minister, Shivraj Singh Chouhan, has confirmed that the 19th instalment of the PM Kisan Samman Nidhi Yojana will be released by the end of February 2025. Prime Minister Narendra Modi is expected to personally disburse the funds during his visit to Bihar on 24 February, where he will also participate in agricultural …

8 of the Top 10 Indian Firms Lose ₹2.03 Lakh Crore in Market Capitalisation

8 of the Top 10 Indian Firms Lose ₹2.03 Lakh Crore in Market Capitalisation

17 February 2025

The combined market valuation of eight of India’s 10 most valued domestic firms plummeted by ₹2,03,952.65 crore last week, with Reliance Industries suffering the most significant loss. This decline aligns with the continued bearish trend in the broader stock market, as equity benchmark indices Sensex and Nifty extended their losing streak for the eighth consecutive …

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