Excise duty on petrol, diesel hiked by Rs 2/litre; no change in retail prices The government on Monday hiked excise duty on petrol and diesel by Rs 2 per litre each, according to an official order. The excise duty on petrol was increased to Rs 13 per litre and that on diesel to Rs 10, the order said.
Stock Market Crash: Sensex Tanks 5%; investors poorer by Rs 20.16 lakh crore Mirroring the bearish trend in equities, the market capitalisation of BSE-listed firms declined sharply by Rs 20,16,293.53 crore to Rs 3,83,18,592.93 crore (USD 4.50 trillion) during the morning trade.
Stock Market Crash: Sensex plummets 3100 points; Nifty plunges nearly 4% The Indian stock market crashed in early trade on April 7, 2025. The BSE Sensex nosedived 310o points while the Nifty plummeted nearly 4 per cent to 22,025.10.
Trump Tariffs effect: Jim Cramer predicts 1987-Style Market Crash? Jim Cramer, a prominent financial commentator, has issued a stark warning about the potential consequences of President Trump’s recent tariff increases. He predicted a significant stock market decline, echoing the dramatic 1987 Black Monday crash.
US Tariffs impact on India’s Stock Market: What NSE CEO said NSE CEO Ashish Kumar Chauhan expressed optimism regarding India’s stock market performance despite the imposition of US tariffs. While acknowledging initial FII outflows and short-term volatility, he anticipates negotiations will stabilize the duty structure within weeks.
Tariff fallout, US inflation data, RBI interest rate decision to drive mkts: Analysts In the week beginning March 31, the BSE Sensex went down by 2,050.23 points, or 2.64%, while the NSE Nifty 50 dropped 614.8 points, or 2.61%.
EPF: What retirement corpus can you expect with an initial basic pay of Rs 25k The Employees’ Provident Fund is one of the most impactful social security schemes that employees of the formal sector in India have. In fact, if one works uninterruptedly from the twenties to late fifties, it is not difficult to accumulate a significant amount.
SIP calculator: How much to invest for a Rs 5 crore retirement kitty Mutual fund systematic investment plans have turned out to be the preferred investment instrument for the Indian middle class with inflows through this route amounting to about Rs 26,000 crore even in February 2025, which is significantly higher than Rs 1,000 crore a day.
RBI could cut rates again: Could your loan EMIs go down? In February the Reserve bank of India trimmed interest rates for the first time in five years. Experts are almost certain that the Monetary Policy Committee of the RBI will again recommend cutting rates again in its meeting on April 7-9.
Trump’s latest tariffs could affect common Americans for years, warn experts While Donald Trump is emphasising that his tariffs would eventually lead to gains for the US, including return of more jobs, experts have highlighted that the tariffs will be severe for those who earn less and they could contribute to unemployment or lower incomes down the road.
