The report assesses the regulatory framework and public services directed at firms, and the efficiency with which regulatory framework and public services are combined in practice.
Budget 2025: Union Finance Minister Nirmala Sitharaman will present the 2025-26 Budget in February. The electric vehicle industry anticipates key initiatives to support its growth. Measures could include reduced GST on EV batteries, upgraded infrastructure status for charging stations, and performance-linked incentives for manufacturing. These steps could help the EV market become more affordable and accessible.
In 2024, the Panchayati Raj Ministry focused on bridging infrastructure gaps by sanctioning funds for over 4,000 Panchayat Bhawans. Digital initiatives like eGramSwaraj in 22 languages and training programs were also prioritized to empower rural governance. The SVAMITVA programme made significant strides, with 2.19 crore property cards finalized.
ITC’s long-awaited demerger of its hotel business is effective today, with a record date of January 6. ITC shareholders will receive one ITC Hotels share for every 10 ITC shares held. ITC will retain a 40% stake, while shareholders get 60%. ITC will inject Rs 1,500 crore into ITC Hotels.
10 motivational quotes to ignite your 2025 new year
A total of 42,673 shares changed hands on the counter till 10:45AM (IST)
As passive funds outshined active counterparts in 2024 with remarkable returns, experts suggest a blend of both fund types in portfolios for 2025. Prominent passive funds like Mirae Asset NYSE FANG+ETF FoF and Motilal Oswal Nasdaq 100 FOF showed strong performance, encouraging diversified investment strategies.
The Nifty Auto index was trading 0.3 per cent at 22765.80.
As of 30-Sep-2024, promoters held 39.98 per cent stake in the company, while FIIs held 26.73 per cent and domestic institutional investors had 9.39 per cent.
The 30-share BSE Sensex was up 57.93 points at 78196.94
Understanding a mutual fund's offer document is crucial for investors. Key sections like investment objectives, strategy, risk factors, fees, past performance, fund management, and investor services help make informed decisions.
In the Nifty50 index, 20 stocks were trading in the green, while 30 stocks were in the red.
Keep the equity and debt allocation in your portfolio as originally planned. If the equity allocation deviates by more than 5%, rebalance accordingly. Continue with your current SIPs. If you're looking to invest fresh capital, allocate the debt portion immediately. For equity, invest 30% now and spread the remaining 70% over the next three months using a weekly STP, based on FundsIndia’s Lump Sum Deployment Framework.
The stock traded at a P/E multiple of 52.08, while the price-to-book value ratio stood at 16.73.
The Nifty IT index was trading 0.03 per cent at 43326.45.
Americans are pushing boundaries with food trends that emphasize breaking rules and embracing unconventional pairings, cultural sauces, designer produce, high-protein meals, cannabis-infused drinks, and artful takeout packaging. Expect hospitality to prioritize cozy, personal service to combat loneliness, and keep an eye out for new mini-trends.
The Travancore Devaswom Board paused issuing special passes for Sabarimala devotees using the forest route due to increased crowding. The move aims to reduce wait times for darshan at Pamba. Previously, 5,000 passes were available, but this number has spiked, prompting the suspension.
The Indian rupee weakened slightly on Wednesday morning due to dollar bids from importers and muted trading at the start of 2025. The rupee traded at 85.6725 against the U.S. dollar. Dollar-rupee forward premiums retreated after an unusual surge. Trading activity remains low due to the New Year, with regional markets mostly closed.
A total of 10,487 shares changed hands on the counter till 10:25AM (IST)
Indian Renewable Energy Development Agency or IREDA shares surged by 6% to Rs 227.70 following a strong Q3 update. Loan disbursements increased 41% YoY to Rs 17,236 crore, while loans sanctioned rose 129% YoY to Rs 31,087 crore. IREDA's outstanding loan book grew 36% YoY to Rs 69,000 crore. The stock, listed in November 2023, has delivered 113% returns but is down 28% from its 52-week high.
Bajaj Auto, Hindalco, Dr. Reddys, Adani Ports SEZ and Eicher Motors were among the top losers on NSE.
Investors in 2025 should consider diversifying portfolios between Nasdaq and Nifty 50, focusing on factors such as market volatility, economic growth, and currency fluctuations. While US equities offer stability and profitability, India’s economic resilience and growth potential provide promising returns albeit with higher short-term risks.
The growing digitisation of data has led to a rise in cyberattacks, digital fraud, data breaches, and operational failures. Here are some of the major cyberattacks India faced during the year gone by.
A total of 12,227 shares changed hands on the counter till 10:20AM (IST).
The Nifty Realty index was trading 0.78 per cent at 1044.15.
