Amid the ongoing farmers’ protest, a Parliamentary Committee has recommended the government increase the amount given to farmers under the Pradhan Mantri Kisan Samman Yojana. The suggestion is to raise the current limit from Rs 6000 per year to Rs 12000 per year. This recommendation was submitted by the Standing Committee, led by Charanjit Singh … Read more
The IPO of One Mobikwik Systems, a fintech company, was listed today (Wednesday) on the stock market. The company’s shares had a strong opening on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). On BSE, the shares were listed at Rs 442.25, a 59% premium over the IPO price of Rs … Read more
Air India, a Tata Group airline, has introduced special discounts and benefits for students on both domestic and international flights. Students can now enjoy up to 10% off the base fare of all flights. Additionally, they will receive an extra 10 kg baggage allowance and the option to change their travel date once for free. … Read more
NACDAC Infrastructure’s SME IPO opened for investment on Monday, 17 December, and saw a great response right from the start. By 2 pm on the first day, the issue was already subscribed nearly 25 times. The IPO will close on 19 December, with a price band set at Rs 35. The company aims to raise … Read more
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