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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

The Securities and Exchange Board of India (SEBI) has imposed a penalty of ₹5.05 crore on the Indian Clearing Corporation Ltd (ICCL) for multiple regulatory violations. ICCL, established in 2007 as a wholly owned subsidiary of BSE Ltd, plays a cruc

The market regulator has put forward a proposal to introduce additional criteria aimed at diversifying thematic and sectoral indices, in an effort to mitigate concerns regarding potential market manipulation. One of the key recommendations is to c

Franklin Templeton Mutual Fund has launched the Franklin India Low Duration Fund – Direct (G), an open-ended debt scheme that aims to generate income by investing in debt and money market instruments with a Macaulay duration of 6 to 12 months. The

The Securities and Exchange Board of India (Sebi) has announced that Associations of Persons (AoP) can now open demat accounts in their own name, a move aimed at improving investment accessibility and regulatory transparency. This decision, which was

Gold prices in India have continued their decline on 28th February 2025, marking another consecutive day of a downward trend. As per the latest market updates, the price of 22K gold is now ₹7,960 per gram, while 24K gold is being traded at ₹8,684

UltraTech Cement Ltd. saw its shares decline nearly 4 in early trade on February 27 after announcing its foray into the Cables & Wires (C&W) segment with a capital expenditure of ₹1,800 crore. The company plans to establish a new wires and