The Mukhyamantri – Majhi Ladki Bahin Yojana, a government welfare scheme aimed at empowering women in Maharashtra, is set to give bigger payouts to its beneficiaries, as per news reports. The scheme which currently supports over 24 million women, is said to increase its monthly financial assistance from ₹1,500 to ₹2,100. This initiative aligns with …
The National Highways Authority of India (NHAI) was established by an Act of Parliament in 1988 under the administrative control of the Ministry of Road Transportation and Highways. The NHAI has been established as a Central Authority to develop, maintain, and manage the National Highways entrusted to it by the Government of India. NHAI to …
On December 6, 2024, both the BSE Sensex and NSE Nifty50 ended the day in red. The BSE Sensex closed at 81,709.12, down by 56.74 points or 0.07%. Similarly, the Nifty50 also closed at 24,677.80, dropping by 30.60 points or 0.12%. Sectoral Performance On Friday, Nifty Media, Nifty IT and Nifty Bank ended in the red. Nifty …
The Securities and Exchange Board of India (SEBI) issued a warning on December 5 regarding the risks associated with unregulated online platforms offering unlisted debt securities. These platforms operate without proper regulatory oversight, putting investors at risk due to the lack of investor protection and grievance redress mechanisms. Legal Violations by Unregulated Platforms SEBI highlighted …
The Securities and Exchange Board of India (SEBI) has proposed a shift in the method used to determine the closing price of a stock. Currently, the volume-weighted average price (VWAP) is employed, but SEBI is considering replacing this with a Close-Auction Session (CAS), a practice commonly used in international markets. The shift comes in response …
The Securities and Exchange Board of India (SEBI) has proposed introducing a 15-minute post-market Call Auction Session (CAS) to determine the closing price of stocks in the equity cash market. Initially limited to derivative stocks for liquidity, the move aims to replace the existing VWAP system and align with global standards. SEBI’s Proposal for a …
On Friday, December 6, 2024, the Indian benchmark indices Sensex and Nifty 50 are expected to open cautiously ahead of the announcement of the RBI policy. Check out a few stocks that might be in focus during the trading session. Vodafone Idea (Vi) On December 9, the board of Vi will review a proposal to raise ₹2,000 …
The Securities and Exchange Board of India (SEBI) has proposed a revised framework for settling funds in inactive trading accounts. This initiative aims to improve operational efficiency while ensuring that investors’ interests are adequately protected. Current Settlement Process for Inactive Accounts At present, stock brokers are required to return funds to clients who have not …
December 6, 2024, marks the 68th death anniversary of Dr. B.R. Ambedkar, the visionary architect of the Indian Constitution and a steadfast advocate for social justice. On Mahaparinirvan Diwas, thousands gather at Chaityabhoomi in Mumbai to honor a leader whose legacy continues to inspire millions. Each year, Mahaparinirvan Diwas witnesses a large gathering of people …
On February 29, 2024, the Government of India approved the Pradhan Mantri Surya Ghar: Free Electricity Scheme, which will increase the share of solar rooftop capacity and allow residential households to generate their own electricity. The scheme, which has an outlay of ₹75,021 crore, will be implemented. About Pradhan Mantri Surya Ghar Muft Bijli Yojana …
