Most States revised capex lower for FY25, but higher for FY26

Most States revised capex lower for FY25, but higher for FY26

Like the Centre, leading states except Karnataka are set to miss the budget target of capital expenditure for the current fiscal year, data from budget documents showed. However, most leading States have made a big push for capital expenditure in the...
Stock that will see action today: 21 March 2025

Stock that will see action today: 21 March 2025

Manappuram Finance said that Bain Capital would pick up an 18 per cent stake in the gold loan provider for ₹4,385 crore through subscription of shares and warrants at ₹236 apiece, implying a 30 per cent premium over the six-month...
Stock Market Live Updates 21 March 2025: Stock to buy today: NTPC (₹341.65)

Stock Market Live Updates 21 March 2025: Stock to buy today: NTPC (₹341.65)

Sensex, Nifty Live updates on 21st March 2025: The stock of NTPC has been in an uptrend since October last year. It began falling after marking a record high of ₹448.30 on September 30. But in January, after falling to...
IDFC FIRST Bank introduces “Ace” feature on its mobile app to provide 2500 plus MF options

IDFC FIRST Bank introduces “Ace” feature on its mobile app to provide 2500 plus MF options

IDFC FIRST Bank said it has incorporated an “Ace” feature on its mobile banking app that will provide details on more than 2500 mutual funds. This is aimed at promoting ‘do-it-yourself’ investing among its customers. The private sector bank’s customers...
February air passenger traffic in India rises by 11% y-o-y

February air passenger traffic in India rises by 11% y-o-y

India’s domestic air passenger traffic grew by 11.04 per cent in February 2025 on a year-on-year basis, official data showed on Thursday.As per the data released by the Directorate General of Civil Aviation (DGCA), India’s scheduled domestic flight operators ferried...
Hero MotoCorp forays into electric three-wheeler by acquiring stake in Euler Motors

Hero MotoCorp forays into electric three-wheeler by acquiring stake in Euler Motors

New DelhiThe country’s largest two-wheeler manufacturer, Hero MotoCorp (HMCL), on Thursday said it was foraying into the electric three-wheeler market by acquiring a significant stake in Euler Motors with an investment of up to ₹525 crore.The transaction will be done...
Why municipal bonds are not taking off

Why municipal bonds are not taking off

Since FY18, around 17 municipal bonds worth ₹2,600 crore have been issued, with an average size of ₹150 crore, according to the recent ICRA report. These securities are slow to take off despite more than 10 issuances for raising over ₹1,500...
Registered unrecognised political parties beat BJP & Congress to get ₹10,000 crore political donations during 2022-24

Registered unrecognised political parties beat BJP & Congress to get ₹10,000 crore political donations during 2022-24

Over 3,260 registered unrecognised political parties (RUPPs) received more than ₹10,000 crore electoral donations in two years from 2022 to 2024, with much of it suspected as slush money as they are drained out to shell companies through a complex...
Microsoft and Gates Foundation to support Maharashtra in AI-driven digital governance and women’s entrepreneurship initiative

Microsoft and Gates Foundation to support Maharashtra in AI-driven digital governance and women’s entrepreneurship initiative

The Maharashtra government has initiated the use of artificial intelligence (AI) in its administrative processes, with Microsoft and the Gates Foundation set to support the state in becoming a national model for digital governance and the Right to Service. Microsoft...
AP Government appoints Suchitra Ella, 3 others as honorary advisors

AP Government appoints Suchitra Ella, 3 others as honorary advisors

Andhra Pradesh government has appointed Suchitra Ella, Co-founder and Managing Director, Bharat Biotech International, as honorary advisor with Cabinet rank for a period of two years for strengthening and developing the handloom and handicrafts sectors along with three others for different sectors. While providing guidance...
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