BFSI consolidates dominance in Nifty 50 index, up 2.6x at 37.9% since 2004
The Indian banking, financial services, and insurance (BFSI) sector has solidified its dominance in the Nifty 50 Index, with its weight surging to 37.9 per cent in April 2025 from 14.6 per cent in FY04.

ESIC plans 20 more medical colleges, aims to boost access for 3.72 crore workers
 

From isolation to inspiration: HDFC ERGO and the Paralympic Committee of India join hands to empower Para-Athletes with PlayAble
Mumbai: In a landmark step towards inclusive sports development, HDFC ERGO General Insurance, India's leading private sector general insurer has partnered with the Paralympic Committee of India (PCI) to launch PlayAble -- a first-of-its-kind platform designed to provide India's para-athletes with seamless access to training facilities, coaches, and like-minded training partners across the country. With PCI coming on board as the official knowledge partner, the initiative marks a new chapter in enabling para-athletes to train, grow, and compete with dignity and equal opportunity.

Insurers unhappy over the delay in motor TP rate announcement for FY25-26
 

Sebi announces changes in NAV cut-off time for Mutual Fund Overnight Schemes
New Delhi: Markets regulator Sebi on Tuesday announced a change in cut-off timings to determine the net asset value (NAV) with respect to repurchase or redemptions of units in overnight schemes of mutual funds.

11.7 million more opt for Atal pension cover in FY25
Over 11.7 million new subscribers were enrolled under the Atal Pension Yojana (APY) in FY25, the low-cost pension plan for the masses, taking the total number of APY subscribers to 76 million.

Point-to-point returns analysis in mutual funds a ‘broken metric’, says Radhika Gupta and instead suggests this method
Whenever you think of investing in mutual funds, the first yardstick that comes to mind to judge a fund is its returns in the short and long term. Many websites directly show you the ‘point-to-point return’ of a fund. That is, how much return was generated from this date to that date. But Radhika Gupta, MD and CEO of Edelweiss Mutual Fund, cautions against trusting the method.

Not a broad-based rally, but a stock-picker’s market: Nikhil Rungta, co-CIO of equity at LIC Mutual Fund
Corrections in Indian stock markets aren’t new, as has been witnessed in 2013, 2020, and early 2022. And they’ve always set the stage for long-term wealth creation, according to Nikhil Rungta, co-CIO of equity at LIC Mutual Fund. He tells Ananya Grover that Nifty’s fall of 9% and Nifty SmallCap 100 correction of over 15% are healthy resets. Excerpts:

Equities now appear pale in the shadow of gold's glittering returns
 

Top Indian cities get $26.6 bn realty equity inflow between 2022 and 2024
 

Higher small savings rates may hinder bank deposit growth: RBI staffers
The Government of India, on March 28, 2025, reviewed the interest rates on various small savings instruments, which are linked to secondary market yields on Government Securities (G-Secs) of comparable maturities and kept it unchanged for Q1FY26. As a result, the rates on most of the instruments are now above the formula-based rates in the range 16-66 basis points (bps), said RBI staffers in the “State of the Economy” article in the bulletin. One basis point equals one-hundredth of a percentage point.

6 PSUs seek govt nod to issue deep-discount bonds, long-tenor debt