HDFC Bank, India’s largest private sector lender, has reduced its savings account interest rates by 25 basis points, effective April 12, 2025. The new rates are 2.75% per annum for balances below ₹50 lakh and 3.25% per annum for balances of ₹50 lakh and above. This marks the first reduction in savings account interest … Read more
The Reserve Bank of India (RBI) is anticipated to transfer a record surplus exceeding ₹2.5 lakh crore to the central government for the fiscal year 2024–25 (FY25), according to economists and analysts. This projected dividend significantly surpasses last year’s payout of ₹2.1 lakh crore and the government’s budgeted estimate of ₹2.2 lakh crore for FY26 … Read more
The Indian stock markets have recently experienced a significant rebound, with the Sensex surging over 1,500 points and the Nifty crossing the 23,300 mark. This recovery follows the U.S. administration’s decision to pause certain tariffs, alleviating some global economic concerns and bolstered investor sentiment Technical Landscape Despite the recent gains, market experts caution that the … Read more
The much-anticipated fourth-quarter (Q4) financial results for several leading private banks in India are just around the corner. Investors and market watchers are eagerly awaiting earnings updates from HDFC Bank, ICICI Bank, IDFC First Bank, and Yes Bank. Here’s when you can expect to see their Q4 results and what to watch out for. HDFC … Read more
The Indian stock markets, including both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), will be closed on Monday, April 14, 2025, in observance of Dr. Baba Saheb Ambedkar Jayanti. This public holiday marks the birth anniversary of Dr. B.R. Ambedkar, one of India’s most influential leaders and the principal architect of … Read more
In a significant development, former Axis Capital Executive Director Ashish Anup Nigam and his associate, Nehal Milan Mehta, have agreed to settle an insider trading case with the Securities and Exchange Board of India (SEBI). The duo has collectively paid a hefty ₹1.13 crore, which includes fines and disgorgement of unlawful gains. The case, which … Read more
The Indian IT sector is making headlines this April as numerous major companies release their fourth-quarter (Q4) and full-year financial results for the fiscal year 2024-2025. Among the key players, KPIT Technologies and Tata Elxsi have already shared their results, while others like Infosys and Tata Consultancy Services (TCS) are preparing to report their earnings … Read more
In an unprecedented move, Affle 3i, a leading player in the tech industry, has set a new record by becoming the first publicly listed company to ring the Bombay Stock Exchange (BSE) bell with a giant mallet measuring an impressive 3.1 meters. The milestone was achieved during Affle 3i’s 3i Summit held at the BSE … Read more
Trident Ltd., a leading textile manufacturer in India, has recently witnessed varying predictions from market analysts about its future share price performance. The stock has been in the spotlight due to its fluctuating market movement and mixed expert opinions regarding its prospects. As of April 11, 2025, Trident’s share price closed at ₹26.08, marking a … Read more
Investors had reason to cheer today as shares of Samvardhana Motherson International Ltd. surged over 6% in early trading, touching ₹120 on the Bombay Stock Exchange. The spike comes hot on the heels of the company’s announcement of a major €50 million cost optimization drive aimed at streamlining operations and boosting efficiency in its European … Read more
