Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Wednesday. While BSE Sensex was above 81,800, Nifty50 was near its lifetime high. At 9:17 AM, BSE Sensex was trading at 81,801.87, up 90 points or 0.11%. Nifty50 was at 25,038.70, up 21 points or 0.084%.“Markets are optimistic about the…
MUMBAI: NSE, India’s largest stock exchange in terms of turnover and revenues, on Tuesday restarted its process to get listed, something that the bourse has been trying for over eight years now but has been delayed due to various regulatory hurdles.On Tuesday, NSE’s board gave its management the go ahead to approach Sebi for its…
NEW DELHI: Ahead of discussions on rate rationalisation by the GST Council, finance minister Nirmala Sitharaman on Tuesday said that even states were cautious on moving ahead with rate cuts.“I am not blaming them…they want revenue without burdening the people…when they sit there, they know their job is not to please anyone but protect revenue,”…
Sovereign Gold Bonds: The Reserve Bank of India (RBI) has declared early redemptions for 30 series of Sovereign Gold Bonds (SGBs) maturing between October 1, 2024, and March 31, 2025. The central bank has provided a calendar from September 2024 to March 2025 for repurchasing the bonds that have completed five years, allowing investors an…
Infosys freshers hiring latest update: Salil Parekh, the CEO of Infosys, has reassured that the company will honor all offers made to freshers and proceed with their joining, despite some changes in the joining dates. His comments to PTI come amidst reports suggesting that Infosys has delayed the onboarding of 2,000 fresh engineering graduates from…
UPS vs OPS vs NPS: The Modi government has introduced a new pension scheme called the Unified Pension Scheme (UPS) for central government employees who joined the service after January 1, 2004. This scheme, which will be implemented from April 1, 2025, guarantees a pension equal to 50% of the basic salary. The decision to…
Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green on Monday. While BSE Sensex was above 81,300, Nifty50 was above 24,850. At 9:16 AM, BSE Sensex was trading at 81,305.31, up 219 points or 0.27%. Nifty50 was at 24,879.90, up 57 points or 0.23%.This week, investors will likely react…
MUMBAI: Anil Ambani, who has been banned by Sebi from accessing the securities market for five years on fund diversion charges, is reviewing legal options, his spokesperson said on Sunday. In a statement, the spokesperson said that Ambani is reviewing the Aug 22 order passed by Sebi in the Reliance Home Finance matter and will…
NEW DELHI: The Cabinet on Saturday approved the Unified Pension Scheme (UPS) for 23 lakh central government employees. The UPS ensures that all central government employees receive 50 per cent of their last drawn salary from the past 12 months as pension who have served for 25 years or more.Additionally, they will also be eligible…
NEW DELHI: Union minister Ashwini Vaishnaw on Saturday said that the Union Cabinet chaired by Prime Minister Narendra Modi has approved the proposal of BioE3 (Biotechnology for Economy, Environment and Employment) policy stating that “a bio revolution is coming soon.”Addressing a recent Cabinet briefing the minister of information and broadcasting said: “One of the biggest…
