India is preparing to script history with its first human spaceflight under the Gaganyaan programme, which has now entered its final and most critical phase. The mission aims to send Indian astronauts into low Earth orbit by the first quarter of 2027 — a defining milestone in the country’s journey as a space-faring nation. At …
India’s commodity derivatives markets may soon witness a significant transformation. The Securities and Exchange Board of India (SEBI), through its Commodity Derivatives Advisory Committee (CDAC), is actively deliberating the introduction of colocation facilities for commodity exchanges. This potential move aims to enhance trading efficiency, promote liquidity, and bring commodity bourses on par with equity and …
The National Stock Exchange (NSE), India’s largest bourse, has posted a strong financial performance for the fiscal year ending March 31, 2025. Despite a sequential decline in earnings during the final quarter, the exchange reported significant year-on-year (YoY) growth in both consolidated and standalone net profit. The board has also recommended a substantial final dividend, …
India’s electric vehicle (EV) market, which has shown remarkable year-on-year growth, faced a notable slowdown in April 2025. A sharp 17.6% decline in monthly sales was recorded, attributed primarily to a significant reduction in government subsidies for electric two-wheelers (e2w). Despite the monthly drop, overall EV sales were substantially higher than in April 2024, showing …
Coforge Limited has successfully implemented ServiceNow’s AI-powered Financial Services Operations (FSO) Dispute Management module for Blackhawk Network (BHN), marking a major milestone in financial services automation, as per news reports. Unveiled at ServiceNow’s flagship event, Knowledge 2025, the collaboration showcases how Coforge and ServiceNow combine generative AI and industry expertise to streamline complex dispute …
The Securities and Exchange Board of India (SEBI) has proposed a separate voluntary delisting mechanism specifically for public sector undertakings (PSUs) where the government or promoter group holds 90% or more of the total issued shares. A consultation paper outlining the proposal was released on May 7, with public comments invited until May 26. Why …
The Ministry of Road Transport and Highways (MoRTH) has officially notified the Cashless Treatment of Road Accident Victims Scheme, 2025, effective from May 5, 2025. Under this scheme, any individual injured in a road accident involving a motor vehicle, on any road across India, is eligible for cashless treatment of up to ₹1.5 lakh per …
The Securities and Exchange Board of India (SEBI) has introduced a set of regulations for securitised debt instruments (SDIs), setting a minimum investment threshold and requiring dematerialised (demat) format for all issuances and transfers. The rules were announced through a gazette notification. ₹1 Crore Minimum Investment Mandated A minimum ticket size of ₹1 crore has …
Pakistan’s Karachi Stock Exchange faced a sharp sell-off on May 7, 2025, as the benchmark KSE-100 index opened nearly 5.7% lower its steepest single-day drop since 2021. This significant fall followed targeted military strikes by India on terror infrastructure across the border, triggering heightened geopolitical tensions in the region. Although the index trimmed some of …
According to Entrackr, DMI Finance has significantly expanded its employee stock ownership plan (ESOP), raising the total pool to $105 million. The digital lending firm passed a board resolution to add 1.18 crore new stock options to its existing 2018 plan, signaling continued focus on employee retention and long-term growth. DMI Finance Adds $36M in …
