SEBI approves IPOs of Four Companies (See Details)

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On April 8, market regulator SEBI (Securities and Exchange Board of India) approved the IPO (Initial Public Offering) documents of four companies. These companies can now launch their IPOs anytime within the next year. The approved companies are: Aye Finance BlueStone Jewellery and Lifestyle GK Energy Anthem Biosciences SEBI issued “Observation Letters” to these companies … Read more

No More Charges for PPF Nominee updates

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Finance Minister Nirmala Sitharaman announced the removal of charges for updating nominee details in Public Provident Fund (PPF) accounts. She shared this update on Twitter, stating that financial institutions were previously charging fees for modifying nominee details, but this will no longer be allowed. A Gazette Notification (2/4/25) will amend the Government Savings Promotion General … Read more

Poonam Gupta appointed as RBI Deputy Governor

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The central government has approved the appointment of Poonam Gupta, Director General of the National Council of Applied Economic Research (NCAER), as the Deputy Governor of the Reserve Bank of India (RBI) for three years. This position became vacant after Michael Debabrata Patra stepped down in January. Appointment Details According to sources, the Appointments Committee … Read more