Timely Deployment of NFO Funds The Securities and Exchange Board of India (SEBI) has set a clear timeline for deploying funds raised through NFOs. According to a notification issued on February 14, mutual fund schemes must utilise the collected funds within a period specified by SEBI. This decision follows an earlier board resolution in December, …
Delhi’s newly elected Chief Minister, Rekha Gupta, has assured that the Bharatiya Janata Party (BJP) government will fulfil its election promise of providing ₹2,500 per month to women, according to news reports. This announcement positions Delhi’s financial assistance scheme ahead of similar initiatives in other states, such as Maharashtra’s Ladki Bahin Yojana and Madhya Pradesh’s …
The Insurance Regulatory and Development Authority of India (IRDAI) has introduced a significant change in the way policyholders can pay their insurance premiums. Under the new facility called Bima Applications Supported by Blocked Amount (Bima-ASBA), customers can now ‘block’ the required premium amount in their bank accounts. This amount is deducted only when the policy …
Reliance seems to be everywhere in the news these days—from telecom and streaming with the new Jio Hotstar platform, to toys and fast fashion, making headlines across industries. With so many ventures under its umbrella, it’s easy to get confused about what’s changing and how it affects you. One of the latest buzzworthy topics is Jio …
Tata Group, a stalwart in India’s business landscape, is set to deepen its engagement in the healthcare sector through a substantial ₹500-crore investment in Mumbai’s prestigious Breach Candy Hospital. This initiative underscores Tata’s commitment to strengthening healthcare infrastructure, modernising medical facilities, and enhancing patient care. By formalising its long-standing relationship with the hospital, Tata is …
The capital market regulator, the Securities and Exchange Board of India (SEBI) has proposed implementing a SIM binding mechanism in order to prevent unauthorised access to trading and demat accounts, similar to the security measures used in Unified Payments Interface (UPI) transactions. The proposal further stated that the system ensures that a unique client code …
Servotech has teamed up with Watt & Well to design and manufacture EV charger components in India. The partnership will focus on producing a 30kW Power Module and assess V2G tech for the Indian market. Develop, Manufacture, and Sell EV Charger Components in India Servotech Renewable Power System, a prominent provider of sustainable energy solutions …
Passenger vehicle sales are projected to grow by 1%-4% in FY26, supported by SUV demand and EV launches. Despite tax reliefs and a repo rate cut, entry-level car sales remain sluggish due to affordability issues. Passenger Vehicle Sales Expected to See Modest Growth in FY26 Passenger vehicle sales in FY26 are expected to grow in …
India’s market regulator, the Securities and Exchange Board of India (SEBI), is seeking expanded authority from the government to tackle unregulated financial advice spreading across social media platforms such as WhatsApp and Telegram. According to a news report, SEBI has requested the ability to remove misleading financial content and access call records for market violation …
The Reserve Bank of India (RBI) has introduced RBIDATA, a mobile application aimed at enhancing public access to macroeconomic and financial data. The app is designed to offer a user-friendly interface with interactive visual elements, making complex economic data more accessible and comprehensible for a wider audience. A Vast Repository of Economic Data RBIDATA provides …
