Interest rates for various small savings schemes remain unchanged from January 1 to March 31, 2025. Rates include Sukanya Samriddhi Scheme at 8.2%, PPF at 7.1%, and NSC at 7.7%. This is the fourth consecutive quarter without changes, confirmed by the finance ministry, helping maintain stability for investors.
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India views the USA's announcement of 26% reciprocal tariffs as a 'mixed bag' rather than a 'setback.' The imposition includes a universal 10% tariff on all imports starting April 5, with an additional 16% from April 10. Discussions on a bilateral trade agreement between the two nations continue, aiming for completion by fall.
India's trade deficit hit a 42-month low at $14 billion in February 2025, primarily due to a slowdown in imports to $51 billion. Despite global uncertainties and fluctuating petroleum prices, exports slightly declined to $36.9 billion, with non-petroleum products driving growth in the trade sector.
Nithin Kamath stressed the importance of risk management for traders. He shared insights from successful traders, focusing on principles like reducing positions during drawdowns and cutting losers early. Kamath also highlighted common trading mistakes such as over-trading. His reflections underline how a clear system can help manage stress and reduce errors in challenging market conditions.
Small businesses in India's manufacturing, trade, and services sectors employed over 12 crore workers between October 2023 and September 2024, adding more than one crore employees since 2022-23, according to the Annual Survey of Unincorporated Sector Enterprises. The number of establishments grew by 12.8%, with significant contributions from the services sector. Female-owned enterprises and internet usage also saw notable increases.
Chinese electronics component makers are offering Indian companies price reductions up to 5% amid the US-China trade conflict and decreased American demand. This concession, driven by hefty US tariffs on Chinese goods, could boost Indian manufacturers' profits.
India's services sector growth reached a four-month high in December due to strong demand and reduced inflationary pressures, as per an HSBC survey. The Services Business Activity Index rose to 59.3, reflecting robust new business inflows and continued job creation despite increased costs. Employment growth and positive business outlook persisted.
Wipro restructures its global business lines to enhance its market strategies and meet client demands in emerging technologies like AI, cloud, and digital transformation. The realignment will focus on delivering specialized, outcome-driven solutions, effective from April 1. Key management changes also include Jo Debecker's departure and Nagendra Bandaru assuming a leadership role.
Analysing Budget 2025 and how finance minister Nirmala Sitharaman's budget has had a fallout on markets; how can investors balance risks in evolving financial landscape
DAM Capital Advisors has raised Rs 251 crore from anchor investors, including prominent names like Nomura, Goldman Sachs, and several mutual funds. The investment bank's IPO, entirely an offer-for-sale, opens on December 19th with a price band of Rs 269-283 per share, aiming for a Rs 2,000 crore market capitalization. Listing is expected on December 27th.
Finance Minister Nirmala Sitharaman's Union Budget 2025-26 increases funds for women and child development by over Rs 3,700 crore. Major allocations include Rs 21,960 crore for POSHAN 2.0 and significant rises for Mission Vatsalya and Mission Shakti. Withdrawals from old National Savings Scheme accounts are exempt from tax starting August 2024.