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Real Money Gaming Industry Bodies Issue Code of Ethics Prescribing KYC, Spending Limits

Real Money Gaming Industry Bodies Issue Code of Ethics Prescribing KYC, Spending Limits

10 March 2025

New Delhi, Mar 10 (PTI) Industry bodies representing online real money gaming companies, AIGF, EGF and FIFS, have jointly signed a “code of ethics” which their member companies will adopt for promoting user safety and responsible gaming practices, including KYC verification, spending limit etc, a join statement said on Monday. The members of these gaming …

Mid-Day Top Gainers and Losers on March 10, 2025: Powergrid and HUL Led Gainers

Mid-Day Top Gainers and Losers on March 10, 2025: Powergrid and HUL Led Gainers

10 March 2025

On March 10, 2025, as of 11: 55 AM, the BSE Sensex was up 0.32% at 74,569.39, while the Nifty 50 was up 0.29% at 22,617.65. The mid-day top gainers and losers for the day are: Mid-Day Top Gainers  Symbol Open High Low LTP %chng POWERGRID 261.05 274.25 261.05 273.45 3.85 HINDUNILVR 2,208.00 2,261.75 2,194.65 …

SEBI Warns of Losses in Derivative Contracts, Imposes New F&O Rules

SEBI Warns of Losses in Derivative Contracts, Imposes New F&O Rules

10 March 2025

Ananth Narayan, a Whole-Time Member of the Securities and Exchange Board of India (SEBI), stated that over 90% of traders in derivative contracts, particularly those trading in index options, were incurring losses. He shared this insight during a panel discussion at the Moneycontrol Global Wealth Summit in Mumbai on March 7. SEBI’s Caution Over Surge …

New Banks Enabled for Online Tax Payments via E-Pay Tax Service

New Banks Enabled for Online Tax Payments via E-Pay Tax Service

9 March 2025

The Income Tax Department has updated the list of banks available for tax payments through the e-Pay Tax service on the e-filing portal. As per the latest update, 30 banks are now enabled, including both newly added and migrated banks. New Banks Added The latest additions include Bandhan Bank, City Union Bank, DCB Bank, Federal …

India vs China: How Big Is the Defence Budget Gap and What It Means?

India vs China: How Big Is the Defence Budget Gap and What It Means?

9 March 2025

China has announced a 7.2% increase in its annual defence budget, raising its official military expenditure to over $245 billion. This development, revealed during the National People’s Congress, underscores Beijing’s focus on expanding its military strength amid growing geopolitical tensions. Despite maintaining the same percentage increase as the previous year, experts argue that China’s actual …

SEBI Issues Warning to Nestle India for Insider Trading Violation

SEBI Issues Warning to Nestle India for Insider Trading Violation

7 March 2025

Mumbai, March 7 (IANS) The Securities and Exchange Board of India (SEBI) has issued an administrative warning to FMCG major Nestle India for violating insider trading regulations, the company informed exchanges on Friday. The warning, issued by the SEBI’s Deputy General Manager, was sent to the company’s Compliance Officer (CCO). Nestle India disclosed in a …

Weekly Market Recap: Nifty and  Sensex Closed in Red on Mar 7

Weekly Market Recap: Nifty and Sensex Closed in Red on Mar 7

7 March 2025

The week ended March 7, 2025, saw the Indian stock market end flat, whereby Nifty 50 ended up, 0.03% to 22,552.50, while BSE Sensex was down 0.01% to 74,332.58. Nifty 50 and BSE Sensex closed 3 sessions in red during the week. Roundup of Major News This Week India’s GST collection rose 9.1% YoY to …

Must-Know Schemes for Women Entrepreneurs in India

Must-Know Schemes for Women Entrepreneurs in India

7 March 2025

The increasing presence of women as entrepreneurs is contributing significantly to India’s economic growth. Women-owned enterprises are creating employment opportunities, driving innovation, and inspiring the next generation of business leaders. To support and empower women in business, various government schemes provide financial aid, skill development, and business-friendly policies. This article highlights key government schemes designed …

Closing Bell: Nifty Gains, Sensex Slips; Reliance Leads Gainers on March 7, 2025

Closing Bell: Nifty Gains, Sensex Slips; Reliance Leads Gainers on March 7, 2025

7 March 2025

On March 7, 2025, the BSE Sensex ended in the red, closing at 74,332.58, down by 0.01%, and the NSE Nifty50 closed in green at 22,552.50, up by 0.03%.  Sectoral Performance On Friday, Nifty Realty, Nifty Consumer Durables and Nifty IT ended in the red. Nifty Media, Nifty Oil & Gas and Nifty Metal ended …

AIF Commitments Cross ₹13 Lakh Crore as HNIs Prioritise Diversification

AIF Commitments Cross ₹13 Lakh Crore as HNIs Prioritise Diversification

7 March 2025

India’s Alternative Investment Funds (AIFs) market has seen substantial growth, with total commitments reaching ₹13,00,000 crore (US$ 149.25 billion) as of December 2024. This represents a 5% quarter-on-quarter (QoQ) increase, reflecting a sustained appetite among investors, particularly High-Net-Worth Individuals (HNIs) and institutional players. According to the Securities and Exchange Board of India (SEBI), AIFs raised …

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