If you’re a shareholder with just 10 shares in your Demat account, you’re in for a surprise. The company has rolled out two major corporate actions, a bonus issue and a stock split, that will significantly increase the number of shares you own, without you spending a single rupee. By the end of June, those … Read more
New Delhi: India is the world’s second-largest fish producer, with inland output rising an impressive 142 per cent since 2013–14 to 147 lakh tonnes, Union Minister for Fisheries, Animal Husbandry and Dairying, Rajiv Ranjan Singh, has said. The fisheries sector’s average annual growth rate of 9 per cent — the highest among all agri-allied sectors … Read more
Foreign institutional investors (FIIs) have continued their selling spree in Indian equities for the second consecutive week of June. In the week ending on June 13, FIIs sold shares worth ₹1,246 crore. Domestic institutional investors (DIIs), on the other hand, maintained their buying streak with net purchases totaling ₹18,637 crore during this period. FIIs sold … Read more
Mumbai: India’s forex reserves increased by USD 5.17 billion to USD 696.65 billion for the week ended June 6, the RBI said on Friday.The overall reserves had dropped by USD 1.237 billion to USD 691.485 billion for the week ended May 30. Forex reserves had touched an all-time high of USD 704.885 billion in end-September … Read more
The Unique Identification Authority of India (UIDAI) has extended the deadline for free online updation of Aadhaar from June 14, 2025. The move, which allows documents to be uploaded free of cost to update one’s Aadhaar, is expected to benefit millions of Aadhaar number holders across the country. This free service, aimed at helping citizens … Read more
The Central Government has officially confirmed the rollout of the 8th Pay Commission, promising a substantial salary and pension hike. This long-anticipated move is set to benefit approximately 49 lakh employees and 65 lakh pensioners, with implementation scheduled from January 1, 2026. Salary Hike Based on Fitment Factor One of the central aspects of the new pay commission is the fitment … Read more
The 8th Pay Commission was approved by the Union Cabinet on January 16 for revising the salaries of central government employees. However despite the government approval, an official announcement is still awaited. Currently the salary structure for central employees follows the recommendations of the 7th Pay Commission which came into effect in 2016. Several government … Read more
NEW DELHI: India’s retail inflation could average around 2.5% over the next six months, below the Reserve Bank of India ‘s (RBI) 3.5% target, HSBC Global Research said in a report on Friday. This inflation decline will be driven by a high base effect, strong cereal production, weak commodity prices, and sufficient rainfall. “We think … Read more
India’s retail inflation has dropped to a 75-month low of 2.82 per cent in May 2025, with food inflation easing to just 0.99 per cent. The data, shared by Infoindata on social media platform X, underscores a significant achievement for Prime Minister Narendra Modi-led government, which has managed to keep inflation largely under control over … Read more
The decline in power demand, together with continued renewable capacity additions the last year, caused the share of renewable energy generation in India jump to 17 per cent in May and to 19 per cent in first 10 days of June — compared to 13 per cent/14 per cent in May/June last year, respectively, an … Read more