On April 1, 2025, the Nifty Financial Services Index (FINNIFTY) was down ~2% to 24,616.75 at 11:20 AM. The Nifty Finance Index comprises 20 stocks that are listed on the National Stock Exchange (NSE). The private sector banks constitute ~69.58% of the FINNIFTY, while 6.93% is comprised of the public sector banks The Nifty Financial Services Index …
On April 1, 2025, BSE Sensex closed 1.80% lower at 76,024.51, while Nifty50 settled lower at 23,165.70, down 1.50%. Amidst the market downturn, stocks like PSB, Blue Jet, and Godfrey Phillips hit circuit limits, reflecting significant price movements. Check out the full list of stocks hitting circuits today. Stocks That Hit Lower Circuit on April …
As per the RBI Holiday Calendar 2025, most banks in India will remain closed today, Tuesday, April 1, 2025, except in Mizoram, Chhattisgarh, Himachal Pradesh, and Meghalaya. Throughout April, banks will be closed for up to 15 days due to public holidays, including the second and fourth Saturdays and Sundays. Why Are Banks Closed Today? …
On Tuesday, April 1, 2025, Indian equity indices experienced a steep decline, dropping over 1% on the first trading day of the new financial year, FY26. The market sell-off was driven by growing concerns surrounding US President Donald Trump’s announcement of reciprocal tariffs. Sensex and Nifty50 Fall Significantly The 30-share Sensex plummeted by 1,390.41 points, …
As the deadline for reciprocal tariffs approaches, US President Donald Trump has announced that India is likely to drop its tariffs significantly. The tariff reductions, which will align India’s trade practices with other US allies, are seen as a significant step in ongoing trade negotiations between the two countries, as per news reports. According to …
India’s economic growth and increasing global integration have prompted more individuals to look beyond borders—whether it’s for education, investing in international stocks, buying property, or supporting family. However, the ability to send money abroad is governed by the Reserve Bank of India’s Liberalised Remittance Scheme (LRS), which lays down clear rules and limits. Here’s what …
In a move aimed at bolstering cyber security across the insurance sector, the Insurance Regulatory and Development Authority of India (IRDAI) has issued a directive requiring all insurers and intermediaries to report cyber incidents within 6 hours of detection. This significantly shortens the previous 24-hour reporting window and brings the insurance industry in line with …
Real Estate Investment Trusts (REITs) are investment vehicles that pool funds from investors to purchase, manage, and operate income-generating real estate assets. These trusts offer a way for individuals to invest in large-scale commercial properties without actually owning them directly. Sponsors of REITs play a foundational role by contributing initial assets and often holding a …
As of March 31, 2024, Indian Railways holds approximately 4.90 lakh hectares of land across the country. This extensive land bank supports the nation’s railway infrastructure, including tracks, stations, production units, workshops, and terminals. A portion of this land is also licensed or leased out for various non-core activities and development initiatives. Breakdown of Leased …
India’s defence sector has witnessed a remarkable transformation, recording ₹1.27 lakh crore in production during FY 2023–24. This surge has been powered by the Make in India initiative, which has prioritised domestic manufacturing, innovation, and self-reliance. Once heavily dependent on foreign imports, India is now increasingly turning to homegrown technologies and capabilities to meet its …
