The Securities and Exchange Board of India (SEBI) is planning to require the use of DigiLocker to help transfer financial assets after an investor’s death. DigiLocker is a government digital storage system that will safely store the financial assets of investors, including shares and mutual fund units, in their Demat accounts. This will make it … Read more
Air India is making significant updates to its international network starting in 2025. The airline will be deploying its A350 and B777 aircraft to major cities in Southeast Asia and Europe, providing better flight schedules and making travel between Delhi, Mumbai, and destinations like America, Europe, Australia, and Southeast Asia even easier. New Aircraft and … Read more
The IPO of VFX firm Identical Brains Studio (IBS) is set to open for investment this week. Investors can subscribe to the IPO from December 18 to December 20. The company aims to raise Rs 19.95 crore through this issue, with a price band set at Rs 51-54 per share. In the grey market, the … Read more
The Government of India’s ration schemes are very important for helping poor and needy people in the country. Under the National Food Security Act (NFSA), millions of families get subsidized grains. However, from January 1, 2025, some changes will be made in the quantity and rules of grains provided through ration cards. These changes aim … Read more
The Unique Identification Authority of India (UIDAI) has extended the deadline for free Aadhaar updates. This service, originally set to end on 14 December 2024, will now be available until 14 June 2025. UIDAI announced this update on its Twitter handle, stating that Aadhaar cardholders can update their details on the myAadhaar portal free of … Read more
The Securities and Exchange Board of India (SEBI) has introduced a new rule to make closing a Systematic Investment Plan (SIP) faster and easier. Earlier, it took 10 working days to cancel an SIP. However, with the new rule, this process will now take only 2 working days. Investors can even submit a closure request … Read more
Before companies get listed on the stock market, they issue an Initial Public Offering (IPO) to raise funds. Currently, three IPOs—Vishal Mega Mart, Sai Life Sciences, and Mobikwik—are open for investment. However, these IPOs will close for subscription today at 5 PM. Vishal Mega Mart IPO The Vishal Mega Mart IPO opened on December 11, … Read more
Zomato’s quick commerce unit, Blinkit, has launched a new app called Bistro for delivering snacks and other food items in just 10 minutes. This move is expected to create stiff competition for Zepto Cafe, which recently announced plans to introduce a separate app for its food delivery business. The launch of Bistro was reported by … Read more
Yash Highvoltage Ltd’s initial public offering (IPO) opened for public subscription on Thursday, December 12. This IPO, aimed at the SME (Small and Medium Enterprises) sector, will be available for subscription until December 16. Yash Highvoltage is a well-established manufacturer and distributor of electrical transformer bushings, including products like Oil Impregnated Paper (OIP) Condenser Bushing, … Read more
The Farmer Registry process has been made mandatory to improve farmers’ incomes and link them with government welfare schemes. The primary goal of this initiative is to ensure that farmers receive the benefits of these schemes in a transparent and efficient manner. The Farmer Registry process has been divided into two phases: the first phase … Read more
The Indira Gandhi National Old Age Pension Scheme is a government initiative aimed at providing financial assistance to elderly citizens in India. Citizens aged 60 and above receive a fixed pension amount each month to support their daily needs. This pension scheme is free of charge and aims to offer financial security to the elderly … Read more