The Appointments Committee of the Cabinet has officially approved Finance Secretary Tuhin Kanta Pandey as the next Chairman of SEBI (Securities and Exchange Board of India), confirming an earlier CNBC-TV18 report. Pandey will take on the role for an

The rebalancing of the MSCI Global Index will take effect after the close of trading on February 28, potentially driving passive inflows of approximately $1 billion, according to estimates. Stocks that have been added, removed, or experienced sign

The National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) have officially announced the trading holidays for March 2025. As per their schedule, stock exchanges will remain closed for two days due to public holidays. On March 14 (Friday

Foreign Institutional Investors (FIIs) have entered the March series with a bearish outlook, as indicated by the National Stock Exchange's (NSE) futures and options data. It appears that FIIs have carried forward their short positions from the Februa

Indian stock markets have witnessed a sharp correction from their September highs, with the Sensex and Nifty declining by around 14. The broader market saw even steeper losses, with the BSE MidCap and BSE SmallCap indices dropping over 21 and 20,

In an unusual development, India’s primary stock index and its volatility measure have moved in the same direction for seven consecutive days. This trend suggests that traders may be growing less concerned about further declines in large-cap stocks

The interest rate for the Employees' Provident Fund (EPF) for the financial year 2024-25 is expected to be lowered from the current 8.25 percent, as reported by Business Standard on February 27. The decision is influenced by falling stock markets and

Paytm announced on February 27 that it has partnered with AI startup Perplexity to integrate AI-powered search into its app. The fintech company stated that this collaboration aims to enhance financial literacy and accessibility by providing users wi

The Reserve Bank of India (RBI) has introduced several measures that are expected to benefit certain banks and non-banking financial companies (NBFCs). Firstly, the central bank has reduced risk weights on microfinance institution (MFI) business loan

Japan-based brokerage firm Nomura Holdings has retained its structural overweight stance but acknowledges the risk of further multiple compression due to the positive sentiment surrounding China and various domestic challenges. Nomura highlighted

India’s leading discount broker, 5paisa, is set to make a significant impact at Finbridge Expo 2025 between March 1-2, 2025, one of the country's premier financial and investment exhibitions. With over 15 million app downloads and a thriving commun

Axis Mutual Fund has launched the Axis Nifty AAA Bond Financial Services - Mar 2028 Index Fund, an open-ended index fund that aims to provide investment returns closely aligned with the Nifty AAA Financial Services Bond Mar 2028 Index, subject to tra