Benchmark Sensex jumped nearly 540 points while Nifty closed above the 25,200 level on Wednesday (July 23, 2025) on heavy buying in banking giants and oil shares and a positive trend in Asian markets after Japan secured a trade deal with the U.S. The 30-share BSE Sensex jumped 539.83 points or 0.66% to settle…
Stock markets closed lower on Wednesday (July 9, 2025) due to selling in IT and oil & gas shares as investors turned cautious ahead of the start of earnings season and mixed global trends. Dragged by late selling, the 30-share BSE Sensex fell by 176.43 points or 0.21% to settle at 83,536.08. During the…
For representative purposes. | Photo Credit: Getty Images The story so far: While life insurance is a ubiquitous term in India, disaster risk insurance is not. A low penetration of disaster risk insurance for individual property and livelihoods leaves much of the population exposed to irretrievable damage and loss. Most peoples’ assets and means of…
File picture of U.S. President Donald Trump | Photo Credit: Reuters The announcements by U.S. President Donald Trump and the White House regarding trade deals with Japan and details of the deal with Indonesia on Tuesday (July 22, 2025) will have significant implications and lessons for a potential trade deal with India, according to officials…
Equity benchmark indices Sensex and Nifty declined for the third session in a row on Friday (July 11, 2025), dropping nearly 1%, dragged by heavy selling in IT, auto and energy stocks amid a muted start of the earnings season. Tariff-related uncertainties and mixed global market trends also added to the pressure, analysts said….
This image is used for representational purpose only. | Photo Credit: Getty Images/iStockphoto The Central Government’s net direct tax collections up to July 10, 2025, have come in lower than in the same period of the previous financial year, according to official data released on Friday (July 11, 2025). This contraction has been led by…
File picture used for representation only. | Photo Credit: The Hindu While the financial inclusion programme of the Union government has meant that around 96% of the population has access to a bank account, the latest data and analysis on the sector show that a vast part of India’s poor and low-income households are increasingly…
The story so far: A recent report by the World Bank has generated significant debate with regard to the true picture of inequality in the Indian economy. The report outlined a number of salutary outcomes; not only had extreme poverty reduced drastically, inequality had reduced too. The Gini coefficient — a measure of inequality that…
A luxury flat, SUV, holiday tour abroad and at least ₹1 crore in bank balance are everyone’s dream. However, only a few realise such kind of dreams and the remaining ‘unlucky’ lot end up thinking these are possible only for those born rich. Whereas most financial experts believe proper planning is all that is needed…
A logo of Reserve Bank of India at the RBI headquarters in Mumbai. File | Photo Credit: The HIndu The Reserve Bank of India (RBI) publishes data on financial assets and liabilities of households across India. A disturbing trend it shows is net financial savings of households, as a percentage of GDP, is declining. Let…
