On April 21, 2025, the BSE Sensex ended in the green, closing at 79,408.50, up by 1.09%, and the NSE Nifty50 closed at 24,125.55, up by 1.15%. Sectoral Performance On Monday, Nifty Midsmall IT & Telecom, Nifty Midsmall Financial Services and Nifty PSU Bank ended in the green. Nifty FMCG ended in the red. Top …
The Indian Cyber Crime Coordination Centre (I4C), functioning under the Ministry of Home Affairs, has issued a nationwide alert about a growing wave of online booking frauds. These scams particularly target religious pilgrims and tourists through fake websites, misleading social media pages, and deceptive advertisements on platforms like Google and Facebook. With a rise in …
The Create in India Challenge (CIC), launched under the World Audio Visual and Entertainment Summit (WAVES), has transformed from a national initiative into a global movement. With nearly 1 lakh registrations from across the world, including over 1,100 international participants, CIC Season 1 has struck a powerful chord with creators, technologists, and innovators. All 32 …
The New India Co-operative Bank (NICB), once a trusted financial institution for thousands of account holders, finds itself in troubled waters following a large-scale embezzlement case involving Rs 122 crore. On February 13, 2025, the Reserve Bank of India (RBI) imposed restrictions on the bank, severely limiting withdrawals and triggering widespread concern among depositors. Depositors …
In response to rising concerns among apartment residents, the Central Board of Indirect Taxes and Customs (CBIC) has clarified the applicability of Goods and Services Tax (GST) on housing society maintenance charges. The clarification aims to eliminate confusion regarding whether GST applies solely to the portion exceeding ₹7,500 or the entire contribution when certain thresholds …
During the 24th FIMMDA-PDAI Annual Conference held in Bali, Reserve Bank of India (RBI) Governor Sanjay Malhotra raised a red flag regarding the shrinking liquidity in the call money market. This tightening of liquidity conditions, he noted, could hinder the seamless transmission of monetary policy decisions and limit the potential benefits of current policy rate …
Several media outlets recently reported that a satellite-based tolling system would be launched across India from May 1, 2025, replacing the existing FASTag-based toll collection. This news caused confusion among commuters and stakeholders. To clarify, the Ministry of Road Transport and Highways and the National Highways Authority of India (NHAI) have issued a statement confirming …
In response to mounting concerns over inconsistency and perceived harassment in the Goods and Services Tax (GST) registration process, the Central Board of Indirect Taxes and Customs (CBIC) has issued a detailed set of revised instructions. These new guidelines aim to bring clarity, transparency, and uniformity in GST registration procedures across jurisdictions, while curbing unnecessary …
The Employees’ Provident Fund Organisation (EPFO) is preparing for a sweeping digital overhaul with the launch of Version 3.0. Scheduled to go live between May and June 2025, this upgrade aims to bring improved efficiency, ease of access, and faster claim settlements for over 9 crore members. Union Labour and Employment Minister Mansukh Mandaviya announced …
The wheels are finally turning on the long-anticipated 8th Central Pay Commission (CPC), as the Department of Expenditure (DoE) under the Ministry of Finance has officially begun the process of forming the new pay panel. A recent vacancy circular outlines the government’s plan to fill 35 key positions in the commission on a deputation basis. …
