February 2025

February 2025

Government Plans to Introduce Universal Pension Scheme for All Citizens

Government Plans to Introduce Universal Pension Scheme for All Citizens

The central government is preparing to launch a Universal Pension Scheme that will benefit all citizens, including workers from unorganized…

SEBI Imposes 30-Day Fund Deployment Rule for NFOs, Warns to Face Music Otherwise

SEBI Imposes 30-Day Fund Deployment Rule for NFOs, Warns to Face Music Otherwise

The Securities and Exchange Board of India (SEBI) has introduced a new regulatory framework for asset management companies (AMCs), requirin…

Tuhin Kanta Pandey Appointed as New SEBI Chief for a 3-Year Term

Tuhin Kanta Pandey Appointed as New SEBI Chief for a 3-Year Term

The Central Government has appointed Tuhin Kanta Pandey as the next Securities and Exchange Board of India (SEBI) chairman for a term of th…

Why Did Warren Buffett Sell $134 Billion in Stocks? Is a Market Slowdown Coming in 2025?

Why Did Warren Buffett Sell $134 Billion in Stocks? Is a Market Slowdown Coming in 2025?

Warren Buffett, regarded as one of the world’s most successful investors, always makes headlines when he makes big moves in the market. In …

SpiceJet Reports ₹25 Crore Profit in Q3, Recovers from ₹301 Crore Loss Last Year

SpiceJet Reports ₹25 Crore Profit in Q3, Recovers from ₹301 Crore Loss Last Year

Low-cost airline SpiceJet has reported a net profit of ₹25 crore in the third quarter (Q3) of the financial year 2024-25...

Capgemini CEO Says 47.5 Hours a Week is Enough; Opposes Weekend Work

Capgemini CEO Says 47.5 Hours a Week is Enough; Opposes Weekend Work

Capgemini India CEO Ashwin Yardi stated that 47.5 hours of work per week is sufficient...

Invest in a Monthly Income Account for Regular Earnings: Earn Up to ₹9,250 Per Month

Invest in a Monthly Income Account for Regular Earnings: Earn Up to ₹9,250 Per Month

If you are looking for a steady monthly income, either after retirement or even before, the Post Office National Savings Monthly Income Acc…

Housing Prices in India's Top Eight Cities Rise Over 10% in a Year

Housing Prices in India's Top Eight Cities Rise Over 10% in a Year

Driven by high demand and positive market sentiment, the average housing prices in India’s top eight real estate markets saw a 10% annual i…

Adani Grp Plans Rs 30,000-cr Investment in Kerala Over Next Five-Year Period

Adani Grp Plans Rs 30,000-cr Investment in Kerala Over Next Five-Year Period

The blue-chip, highly diversified Adani Group has said that it plans to invest Rs 30,000-crore in Kerala in the next five-year period.

India’s Dream of Becoming a Developed Nation by 2047 Faces Key Challenges: Report

India’s Dream of Becoming a Developed Nation by 2047 Faces Key Challenges: Report

As India aspires to become a developed nation by 2047, many experts have expressed concerns about maintaining the required growth rate to a…

Banks to Remain Closed for 14 Days in March: Check State-Wise Holiday List

Banks to Remain Closed for 14 Days in March: Check State-Wise Holiday List

In March 2025, banks across different states and cities will remain closed for 14 days, including 5 Sundays, 2 Saturdays, and 7 regional ho…

Income Tax Rates Across the World: Where Does India Stand Few Countries Have Zero Income Tax

Income Tax Rates Across the World: Where Does India Stand Few Countries Have Zero Income Tax

India's highest income tax rate stands at 39%, but many countries around the world have significantly lower tax rates, while others impose …

RBI Purchased 3 Tons of Gold in January: Reserves Reach 879 Tons Amid Market Uncertainty and Rupee Weakness

RBI Purchased 3 Tons of Gold in January: Reserves Reach 879 Tons Amid Market Uncertainty and Rupee Weakness

Amid global economic uncertainty and rupee depreciation, the Reserve Bank of India (RBI) purchased 2.8 tons of gold in January...

Tata Capital's IPO Approved by Board, Tata Capital to Launch ₹15,000 Crore IPO

Tata Capital's IPO Approved by Board, Tata Capital to Launch ₹15,000 Crore IPO

Tata Capital has received board approval for its much-anticipated Initial Public Offering (IPO) on February 25. This move marks a significa…

Musk Says - Account for 7 Days or Resign: Final Day for Government Employees to Respond, NASA Refuses to Comply

Musk Says - Account for 7 Days or Resign: Final Day for Government Employees to Respond, NASA Refuses to Comply

Several U.S. government agencies, including NASA, have opposed an email from the Department of Government Efficiency (DoGE) that demands em…

Adani Group's ₹1.10 Lakh Crore Investment in Madhya Pradesh

Adani Group's ₹1.10 Lakh Crore Investment in Madhya Pradesh

The Adani Group has announced a substantial investment of ₹1.10 lakh crore in Madhya Pradesh...

Insolvency Proceedings Resume Against Coffee Day Enterprises: NCLAT Misses Supreme Court Deadline Amid ₹228 Crore Default Allegations

Insolvency Proceedings Resume Against Coffee Day Enterprises: NCLAT Misses Supreme Court Deadline Amid ₹228 Crore Default Allegations

In a significant development, insolvency proceedings against Coffee Day Enterprises Limited (CDEL) have resumed...

SEBI Imposes ₹10 Lakh Fine on Axis Securities

SEBI Imposes ₹10 Lakh Fine on Axis Securities

The Securities and Exchange Board of India (SEBI) has levied a penalty of ₹10 lakh on Axis Securities Limited for violations of stockbroker…

Bima-ASBA Rollout from March 1: Premium Payments to Get Simpler

Bima-ASBA Rollout from March 1: Premium Payments to Get Simpler

The Insurance Regulatory and Development Authority of India (IRDAI) is set to launch Bima Applications Supported by Blocked Amount (Bima-AS…

Trump’s Tariff Threat Hits Pharma Stocks Hard, Markets React to 25% Tariff Announcement

Trump’s Tariff Threat Hits Pharma Stocks Hard, Markets React to 25% Tariff Announcement

US President Donald Trump’s announcement of a 25% tariff on pharmaceutical, auto, and semiconductor imports from April 25, 2025, has sent s…

Tesla to Enter India in April, Showrooms in Mumbai and Delhi, Cars to be Imported from Germany

Tesla to Enter India in April, Showrooms in Mumbai and Delhi, Cars to be Imported from Germany

Tesla, the world's largest electric vehicle (EV) manufacturer, is set to begin selling cars in India from April...

ASBA Facility for Insurance Premiums: Funds to be Blocked Separately in Bank Account

ASBA Facility for Insurance Premiums: Funds to be Blocked Separately in Bank Account

Similar to the IPO process, policyholders can now set aside funds for insurance premiums in their bank accounts...

US Seeks India's Help in Adani Case: Attempts to Serve Notice to Gautam and Sagar Adani, Contacts Law Ministry

US Seeks India's Help in Adani Case: Attempts to Serve Notice to Gautam and Sagar Adani, Contacts Law Ministry

The United States has sought assistance from the Indian government in a fraud and bribery case involving Gautam Adani and eight others...

Top Industrialists to Attend Madhya Pradesh Global Investors Summit; Some Big Names Uncertain

Top Industrialists to Attend Madhya Pradesh Global Investors Summit; Some Big Names Uncertain

The Madhya Pradesh Global Investors Summit (GIS) is set to take place in Bhopal on February 24-25, with final confirmations from industry l…

What is SBI’s JanNivesh? A Beneficial Investment Scheme for First-Time Investors

What is SBI’s JanNivesh? A Beneficial Investment Scheme for First-Time Investors

SBI Mutual Fund and Paytm have collaborated to launch the JanNivesh scheme, aimed at making investment accessible to the general public...

Tesla Begins Hiring in India: Company’s Entry Expected Soon, Musk Recently Met PM Modi

Tesla Begins Hiring in India: Company’s Entry Expected Soon, Musk Recently Met PM Modi

Elon Musk’s company, Tesla Inc., has started hiring in India, signaling its potential entry into the country soon...

Tariff War Could Devastate the Chinese-American Economy: Ongoing Trade Battle for Eight Years, Its Impact Explained

Tariff War Could Devastate the Chinese-American Economy: Ongoing Trade Battle for Eight Years, Its Impact Explained

Ninety years ago, Franklin D. Roosevelt investigated the causes of the world’s greatest economic depression...

India’s IIP Expands 3.2 Per Cent in Dec 2024

India’s IIP Expands 3.2 Per Cent in Dec 2024

The country’s Index of Industrial Production (IIP) registered a 3.2 per cent Year-on-Year growth in December 2024, according to data releas…

What Happens When a Bank Collapses, Safeguarding Your Money in Bank Failures

What Happens When a Bank Collapses, Safeguarding Your Money in Bank Failures

The Reserve Bank of India (RBI) has imposed restrictions on New India Co-operative Bank in Mumbai, Maharashtra...

BSNL Reports ₹262 Crore Profit in Q3 FY2024-25 After 17 Years

BSNL Reports ₹262 Crore Profit in Q3 FY2024-25 After 17 Years

State-owned telecom company Bharat Sanchar Nigam Limited (BSNL) has reported a profit of ₹262 crore for the third quarter of the fiscal yea…

India Sets Up New Export Council for Defence

India Sets Up New Export Council for Defence

India plans to intensify its efforts to increase its defence exports and has set up a defence export promotional council with the aim of st…

Elon Musk Offers $9.74 Billion to Buy OpenAI, Sam Altman Declines with a Counteroffer

Elon Musk Offers $9.74 Billion to Buy OpenAI, Sam Altman Declines with a Counteroffer

Tesla CEO Elon Musk has made a $9.74 billion (₹84,600 crore) offer to acquire artificial intelligence company OpenAI...

Final Opportunity for Senior Citizens to Invest at High Interest Rates

Final Opportunity for Senior Citizens to Invest at High Interest Rates

Following last week's 0.25% reduction in the repo rate by the Reserve Bank of India (RBI)...

Patanjali Foods Breaks Profit Records, Edible Oil Segment Drives Maximum Revenue

Patanjali Foods Breaks Profit Records, Edible Oil Segment Drives Maximum Revenue

Baba Ramdev’s FMCG company, Patanjali Foods, has recorded its highest-ever profits...

Musk Offers $97.4 Billion to Buy OpenAI, Altman Declines: Suggests Buying Twitter Instead

Musk Offers $97.4 Billion to Buy OpenAI, Altman Declines: Suggests Buying Twitter Instead

Elon Musk, the owner of Tesla, has made an offer to acquire artificial intelligence company OpenAI for $97.4 billion (approximately ₹8.6 la…

RBI Lifts Restrictions on Kotak Mahindra Bank

RBI Lifts Restrictions on Kotak Mahindra Bank

The Reserve Bank of India (RBI) has lifted the restrictions imposed on Kotak Mahindra Bank, allowing the lender to resume onboarding new cu…

Gold Hits All-Time High at ₹85,903 per 10 Grams, Silver Declines by ₹1,123

Gold Hits All-Time High at ₹85,903 per 10 Grams, Silver Declines by ₹1,123

Gold prices in India surged to a record high on February 11, reaching ₹85,903 per 10 grams...

India Falls to 96th Rank in Global Corruption Index: No Improvement Under PM Modi's Tenure

India Falls to 96th Rank in Global Corruption Index: No Improvement Under PM Modi's Tenure

Transparency International released its Corruption Perceptions Index (CPI) report on February 11...

India’s Eco Likely to Grow 6.3-6.8 pc in FY 26

India’s Eco Likely to Grow 6.3-6.8 pc in FY 26

The country’s economy is projected to grow between 6.3 per cent and 6.8 per cent in the financial year 2025-26 (FY 26)...

Infosys Fires 300 Freshers for Failing Internal Assessments

Infosys Fires 300 Freshers for Failing Internal Assessments

IT giant Infosys has fired over 300 newly hired employees due to their failure to pass internal assessments. These employees had undergone …

Uday Kotak Buys a Building in Mumbai for ₹200 Crores: Here’s Where It Is

Uday Kotak Buys a Building in Mumbai for ₹200 Crores: Here’s Where It Is

India’s wealthiest banker, Uday Kotak, is now making headlines for his property purchase in Mumbai. Uday Kotak, the founder of Kotak Mahind…

Invest in Silver Through ETFs: Silver ETFs Have Given Up to 35% Returns in a Year

Invest in Silver Through ETFs: Silver ETFs Have Given Up to 35% Returns in a Year

This year, silver prices have seen a remarkable surge. According to IBJA, the price of 1 kg of silver has increased by ₹9,374, reaching ₹95…

Crackdown on Digital Fraud, Bank and NBFC Websites to Change Domain Names

Crackdown on Digital Fraud, Bank and NBFC Websites to Change Domain Names

To curb digital fraud, Indian banks and financial companies will change their domain names, i.e., their website URLs...

‘Mahila Samman Savings Certificate’ Scheme to End on April 1, 2025; Last Date to Invest is March 31

‘Mahila Samman Savings Certificate’ Scheme to End on April 1, 2025; Last Date to Invest is March 31

The government’s special investment scheme for women, ‘Mahila Samman Savings Certificate’ (MSSC), will be discontinued from April 1, 2025...

Gold Surpasses ₹84,500 for the First Time: Prices Surge by ₹8,495 in 36 Days, May Hit ₹90,000 This Year

Gold Surpasses ₹84,500 for the First Time: Prices Surge by ₹8,495 in 36 Days, May Hit ₹90,000 This Year

Gold prices in India reached an all-time high for the third consecutive day on February 5...

Finance Ministry Bans Use of ChatGPT and DeepSeek: AI Tools Deemed a Threat to Government Data

Finance Ministry Bans Use of ChatGPT and DeepSeek: AI Tools Deemed a Threat to Government Data

The Indian Finance Ministry has issued an advisory instructing its employees to refrain from using AI tools like ChatGPT and DeepSeek for a…

Finance Minister Nirmala Sitharaman Unveils Major Initiatives for Rural and Digital Growth

Finance Minister Nirmala Sitharaman Unveils Major Initiatives for Rural and Digital Growth

The Union Budget has introduced several initiatives designed to strengthen India's key sectors...

RBI May Cut Repo Rate by 0.25%: Announcement Expected on Feb 7, Relief in EMI Payments After Tax Cuts

RBI May Cut Repo Rate by 0.25%: Announcement Expected on Feb 7, Relief in EMI Payments After Tax Cuts

The Union Budget for the financial year 2025-26 has been presented, and now all eyes are on the Reserve Bank of India (RBI)...

Rupee Hits All-Time Low: Falls to 87.37 Against Dollar, Imports to Get Costlier

Rupee Hits All-Time Low: Falls to 87.37 Against Dollar, Imports to Get Costlier

The Indian currency, Rupee, has once again hit its all-time low against the US Dollar...