India's forex reserves fall by $5.69 billion, reaching $634.58 billion.
India becomes third-largest auto market, targets global leadership.
For the first time in India’s financial history, monthly inflows into mutual fund Systematic Investment Plans (SIPs) have surpassed the ₹26,000 crore mark. This milestone reflects growing investor confidence in equity markets and the increasing popularity of SIPs as a disciplined investment tool. Record-Breaking SIP Inflows In December 2024, mutual fund SIP inflows reached
In a bid to counter its declining population, Russia has introduced a new financial incentive for young women to encourage motherhood. Female students under the age of 25 are being offered 100,000 roubles as part of the government’s efforts to address the country’s demographic challenges. Addressing a Demographic Crisis The initiative comes as Russia faces […]
The Adani Group has partnered with ISKCON to launch a Mahaprasad Seva initiative at the upcoming Maha Kumbh in 2025. This collaborative effort aims to serve millions of pilgrims visiting the sacred event by providing free meals and spiritual nourishment during their stay. Serving Pilgrims at the Maha Kumbh The Mahaprasad Seva initiative is set […]
The Indian rupee is poised for further depreciation, potentially breaching the 90-per-dollar mark, as the Reserve Bank of India (RBI) appears to ease its long-standing intervention strategy in the forex market. The shift comes amid evolving global economic conditions and rising concerns over India’s trade deficit and inflation. RBI’s Changing Forex Strategy
The Taliban-led administration in Afghanistan has formally requested the Indian government to resume issuing visas to Afghan nationals, including students, patients, and professionals. This plea comes amid mounting challenges faced by Afghans seeking access to education, healthcare, and other essential services in India. Appeals for Humanitarian Visas The Taliban has
Hindustan Aeronautics Limited (HAL) has announced plans to establish a fourth assembly line for its indigenously developed Tejas fighter jets. The move aims to address delivery delays and ramp up production to meet the increasing demand for these advanced combat aircraft. Addressing Delivery Challenges HAL’s decision to set up an additional assembly line comes as
The Indian government is deliberating the removal of a three-year ban on futures trading for certain agricultural commodities. The move aims to enhance market stability and improve price discovery mechanisms for farmers and traders. In December 2021, the Securities and Exchange Board of India (SEBI) suspended futures trading in seven key agricultural commodities, including
RBI lifts curbs on certain NBFCs after enhanced regulatory compliance.
