Sebi suggested a cap of Rs 50,000 per investor per financial year for investments made through gift PPIs. Photograph: Francis Mascarenhas/Reuters Key Points These PPIs will be funded only through electronic bank transfer or UPI Sebi suggested a cap of
Indian stock markets experienced a significant rebound, with Sensex and Nifty surging, as tensions between the US and Iran appeared to ease, offering investors a respite after recent volatility. Photograph: Amit Dave/Reuters Sensex and Nifty50 Rally: Key Highlights from Today’s
NeuEN Green Energy, a joint venture between BPCL and Sembcorp has secured a contract to supply 10,000 tonnes per annum of green hydrogen to Numaligarh Refinery. Under the agreement, the JV will develop a green hydrogen production facility at the
HDFC Bank has initiated a thorough independent review by external law firms to address the ethical concerns raised by its former Chairman, Atanu Chakraborty, whose abrupt resignation has prompted a proactive move to uphold the bank’s stringent governance standards. Photograph:
DBS Bank India introduces a new direct tax payment facility via the TIN 2.0 platform, streamlining tax payments for customers, while Utkarsh Small Finance Bank teams up with Mumbai Indians for the T20 League 2026. Photograph: Edgar Su/Reuters Key Points
A total of 3,798 stocks declined while 635 advanced and 123 remained unchanged on the BSE. Illustration: Dominic Xavier/Rediff Key Points Since the conflict began, the BSE benchmark Sensex has tumbled 8,590.8 points. Mcap of BSE-listed companies eroded by Rs 48.29
Crude oil prices plummeted after Donald Trump’s decision to temporarily halt military strikes on Iran’s energy infrastructure, signaling a de-escalation of geopolitical tensions and impacting global oil markets. Photograph: Christian Hartmann/Reuters Key Points Crude oil prices fell sharply after Donald
Three CIOs in 10 years have tried to improve the performance of its funds and to lure new investors. Will the fourth one be the charm? Source link
Despite recent challenges, Jefferies maintains a ‘Buy’ rating for Paytm, forecasting significant growth driven by its dominant merchant payments platform and expansion into financial services. IMAGE: Photograph: Amit Dave/Reuters Key Points Jefferies projects a 22% CAGR in Paytm’s revenue between
Indian enterprises are aggressively adopting Artificial Intelligence at a large scale, outpacing global counterparts, but a Deloitte report highlights a significant skills gap that needs to be addressed for sustained success. IMAGE: Illustration: Uttam Ghosh/Rediff.com Key Points Indian enterprises are
