The Nifty Financial Services Index (FINNIFTY) is a benchmark index that represents the financial sector of the Indian stock market. It comprises banks, financial institutions, housing finance companies, insurance firms, and other financial service providers. The index is designed to reflect the overall behaviour and performance of the financial market in India. FINNIFTY Performance Overview On …
In recent years, the Government of India has rolled out a range of initiatives aimed at enhancing the economic empowerment of women. From financial assistance to skill-building programmes, these schemes play a vital role in enabling women to participate more actively in entrepreneurship and innovation. According to official data, more than 73,000 startups—nearly half of …
India’s commitment to energy security and sustainable fuel alternatives has placed ethanol blending at the forefront of its biofuel strategy. While the current policy targets 20% ethanol blending in petrol (E20) by FY26, discussions and infrastructure development hint at readiness for even higher blending levels in the future. Ethanol Blending: A Timeline of Progress The …
From May 2025, passengers flying out of Mumbai’s Chhatrapati Shivaji Maharaj International Airport (CSMIA) could be subject to higher costs. According to a report, the Adani-owned airport has proposed levying a user development fee (UDF) of ₹325 on domestic passengers and increasing the current charge for international travellers to ₹650. At present, international flyers pay …
On March 24, 2025, as of 12:28 PM, the BSE Sensex was up 1.32% at 77,925.45, while the Nifty 50 was up 1.27% at 23,646.00. The mid-day top gainers and losers for the day are: Mid-Day Top Gainers Symbol Open High Low LTP %chng NTPC 357 367.4 353.65 367.25 4.54 KOTAKBANK 2,100.00 2,184.25 2,090.25 2,172.25 …
The Indian stock market rallied for the 6th straight trading session after witnessing a series of corrections. At 09:18 AM, BSE Sensex soared over 550 points after the market opened and was trading above the 77,400 level. The gain in 30 shares of BSE Sensex continued and rose ~1.15% to 77,787.74 at 11:50 AM. The gain in …
Google Pay has introduced a convenience fee for credit/debit card bill payments, ranging from 0.5% to 1% plus GST. This mirrors similar charges by PhonePe and Paytm. Meanwhile, direct UPI bank transfers remain fee-free. Google Pay’s Convenience Fee Limited to Card Transactions Google Pay has started imposing a convenience fee for payments made via credit and …
Banking stocks recorded significant gains on Monday, March 24, 2025, propelling the Nifty Bank index into the green territory for the eighth consecutive session. The index rose by 2% to reach 51,621 in morning trade, marking its highest level since early January when it last crossed the 51,500-mark. The rally comes amid a broader uptrend in the …
On Monday, the Indian benchmark index Nifty 50 opened at 23,515.40 and was at 23,629.00, up by 1.19%, as of 11:30 AM. As of the same time, it touched the day’s high so far at 23,638.90. Banking stocks are driving the rally, with the Bank Nifty, Nifty Private Bank, and Nifty PSU Bank indices surging …
Foreign portfolio investors (FPIs) have continued to cut their exposure to Indian equities as concerns grow over a potential economic slowdown in the US and reduced discretionary spending by global software clients. This has led to significant outflows from key sectors, particularly IT, FMCG, and automobiles. IT Sector Hit Hardest by FPI Outflows In the …
