PM Modi’s Red Fort speech highlighted youth, Nehru and national security
Reports on Prime Minister Narendra Modi’s Independence Day address from the Red Fort focused on references to young people, India’s market ambitions, national security and former prime minister Jawaharlal Nehru. Coverage also examined subjects that were not mentioned, including examination and recruitment controversies involving young people. Prime Minister Narendra Modi’s Independence Day speech from the Red Fort drew attention to several themes, according to reports published about the address.
Top FPIs Ride Out Storm, Outrun Nifty & Sensex in Q1
In the first quarter, foreign funds with large holdings navigated volatility in Indian equities, keeping faith in local equities while outperforming key benchmarks. The trend highlights continued confidence from foreign investors despite market swings, with notable gains among leading fund managers and portfolio holders. A market snapshot shows foreign portfolio investors maintaining a steady stance as India’s stock market faces oscillations in the early part of the year.
FCNR(B) FDs: NRIs and OCIs offered up to 7.50% on select tenures by multiple banks
Government backing for FCNR(B) deposits has unlocked higher rates for Non-Resident Indians, Overseas Citizens of India and Persons of Indian Origin. Banks are now advertising elevated returns on 3- to 5-year FD tenures in foreign currencies, led by USD deposits and backed by a guarantee that hedging costs will be borne until September 30, 2026.
Govt outlines four EPFO steps to clear pending higher-pension claims under EPS
The Union government has detailed four major steps undertaken by the Employees’ Provident Fund Organisation to resolve pending higher-pension applications under the Employees’ Pension Scheme. The measures follow a Supreme Court ruling and are aimed at speeding verification, enabling online options, directing regional offices, and maintaining ongoing monitoring, while noting no nationwide deadline has been set.