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Bloomberg Quint
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HDFC Life Insurance Q4 Results: Profit Rises 15.8% To Rs 477 Crore
- HDFC Life Insurance Co.'s standalone net profit rose 15.8% year-on-year in the January–March quarter to Rs 477 crore.
- The net premium income during the quarter climbed 16% year-on-year to Rs 23,766 crore.
- HDFC Life's solvency ratio increased to 194% compared to 187% in the year-ago quarter.
- Shares of HDFC Life closed 0.57% higher at Rs 720.1 on the BSE.
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Bloomberg Quint
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Good Friday 2025 Bank Holiday: Will Banks Remain Open Or Closed On April 18?
- Banks in most parts of India will remain closed on April 18 on the occasion of Good Friday.
- Banks will remain open in Tripura, Assam, Chandigarh, Rajasthan, Jammu & Kashmir, and Himachal Pradesh.
- Banks will remain open on April 19, the third Saturday of the month.
- There will be additional bank holidays in April 2025 on April 21, April 29, and April 30 in specific states.
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Bloomberg Quint
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Capital Gains Tax: Kotak AMC MD Nilesh Shah Flags Loophole Exploited By NRIs
- Kotak AMC MD Nilesh Shah highlights a loophole in India's capital gains tax treatment exploited by NRIs to avoid paying capital gains tax in the country.
- Shah calls for immediate amendments to ensure tax is paid in the host country and credit is taken in the reciprocal country.
- He emphasizes the need for equitable distribution of tax burden and a level playing field for both honest, tax-paying citizens of India and non-resident Indians.
- Shah urges for streamlined processes to bring genuine NRIs to India and address challenges in paperwork and tax assessment.
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HinduBusinessLine
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‘Small- and mid-caps offer scope for above-average returns over medium to long term’
- Laureate predominantly bets on small- and mid-cap stocks for above-average returns over the medium to long term.
- During the past year, Laureate's strategy returns were around 17%, while the last six months saw a decline of 16% due to market volatility.
- Laureate balances risk in the portfolio by focusing on growth, fundamentals, and management quality.
- Valuations in the small- and mid-cap space have become attractive post-correction, opening up opportunities for potential returns.
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Bloomberg Quint
2d
328
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Rupee Extends Gains To Close Stronger On Dollar Index Pressure
- The Indian rupee appreciated sharply by 31 paise at market close on Thursday, extending its slip below the psychological level of 86 for the third session.
- India's real yields continue to remain higher than those of major global economies, making Indian assets more appealing to foreign investors.
- A decisive break below the 85.50 level could open the path toward 85.00 in the near term.
- The dollar index is likely to see a short-term pullback to the 101.50–102 range, driven by the hawkish statements from the Federal Reserve.
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Bloomberg Quint
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179
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Good Friday 2025 Stock Market Holiday: Are NSE And BSE Open Or Closed On April 18?
- Good Friday, a Christian observance marking the crucifixion of Jesus Christ, will be observed on April 18, 2025.
- The National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will be closed on April 18, 2025.
- Good Friday is a gazetted holiday in several Indian states, and government offices, banks, public institutions, and schools will also remain closed.
- The upcoming holidays in 2025 for the NSE and BSE include Good Friday, Maharashtra Day, Independence Day, Diwali Laxmi Pujan, and Christmas, among others.
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Forbes
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CD Rates Today: April 17, 2025 – Rates Move Lower
- CD rates fluctuate with some of the top rates currently reaching up to 5.02% based on different term lengths.
- Three-month CDs average a rate of 1.3% with the highest at 4.72%.
- Six-month CDs have an average APR of 1.78% and a highest yield of 4.94%.
- For 12-month CDs, the highest rate available is 5.02% with an average APY of 1.84%.
- 24-month CDs offer rates as high as 4.52% while the average APY is 1.66%.
- Three-year CDs have a top rate of 4.65% with an average APY of 1.58%.
- The highest rate for a five-year CD is 4.26% with an average APY of 1.59%.
- Jumbo CDs with terms of 6 months can earn rates up to 4.94% with an average APY of 1.82%.
- Opening a CD account requires a lump-sum deposit and early withdrawals may incur penalties.
- CDs offer higher interest compared to savings accounts and are generally considered safe investments.
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HinduBusinessLine
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Suzlon secures 100.8 MW wind power order from Sunsure Energy in Maharashtra
- Suzlon has secured a wind power order from Sunsure Energy in Maharashtra.
- The project will be executed in the Jath region of Maharashtra.
- Suzlon will supply 48 advanced S120 wind turbine generators with a total capacity of 100.8 MW.
- Suzlon will also provide installation, erection, and comprehensive operations and maintenance services for the project.
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HinduBusinessLine
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TCS faces US probe over alleged bias against non-Indian workers
- Former employees allege that TCS targeted non-South Asian workers for layoffs, while sparing Indian colleagues.
- The employees have filed complaints against TCS, claiming unlawful discrimination based on age and nationality.
- The US Equal Employment Opportunity Commission (EEOC) is investigating the allegations, which began during the Biden administration and continue under the Trump administration.
- TCS, India's largest IT services firm, denies the allegations and emphasizes its commitment to equal opportunity in the US.
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Bloomberg Quint
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Operant AI Launches Security Application For AI Agents, To Boost Runtime Protection For Enterprises
- Operant AI has launched AI Gatekeeper, a real-time security application for AI applications and agents.
- The application offers protection against rogue agents, trust scoring, agentic access controls, and threat blocking.
- AI Gatekeeper addresses security challenges in autonomous AI agents and complex multi-agent workflows.
- The capabilities of AI Gatekeeper include runtime defense for AI, cross-platform threat modeling, and advanced threat detection.
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TronWeekly
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Best No KYC Casinos of 2025
- No KYC casinos are online casinos that do not require players to verify their identity, allowing for anonymous sign-ups, deposits, and withdrawals primarily using cryptocurrencies like Bitcoin and Ethereum.
- The popularity of no KYC casinos has increased due to concerns over data privacy, long withdrawal times, and restrictions on traditional platforms, making them a preferred choice for many players in 2025.
- These casinos offer benefits such as instant withdrawals, enhanced privacy, avoidance of traditional banking delays, and accessibility to users in restricted regions.
- Top no KYC casinos like BetPanda, Wild.io, MyStake, BC.Game, and BitCasino provide varying features such as fast payouts, game variety, rewards programs, and premium slots.
- Players love no KYC casinos for their seamless, private, and user-controlled experience, with transactions conducted in cryptocurrencies, ensuring quick and secure payments without the need for traditional verification methods.
- Crypto payments at these casinos are facilitated through popular cryptocurrencies like Bitcoin, Ethereum, Litecoin, and Monero, enabling faster withdrawals and a decentralized system.
- While no KYC casinos offer advantages like privacy and speed, it is essential for players to watch out for red flags such as unlicensed sites, dubious bonuses, delayed payouts, and lack of customer support.
- To ensure safety, players should choose licensed casinos, review bonus terms, validate payout processes, assess website usability, and check community feedback before engaging in gameplay.
- Starting at a no KYC casino involves selecting a reputable platform, setting up a crypto wallet, depositing cryptocurrency, playing games without ID verification, and withdrawing funds hassle-free.
- Overall, the rising trend of no KYC casinos signifies a shift towards privacy-centric and player-focused gaming experiences in the online casino industry, emphasizing the importance of responsible play and secure practices.
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Forbes
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Today’s HELOC & Home Equity Loan Rates: April 17, 2025
- A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up to 85% of their home’s value.
- A home equity line of credit is a variable-rate second mortgage that draws on your home’s value as a revolving line of credit.
- Home equity loans and lines of credit use your property as collateral, and failure to repay can result in the seizure of your property.
- The amount you can borrow with a home equity loan or line of credit is determined by the equity you have in your home, based on its value and your outstanding mortgage balance.
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Forbes
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High-Yield Savings Account Rates Today: April 17, 2025 – Rates Are Steady
- Rates on savings accounts are steady compared to one week ago.
- The highest yield on a standard savings account is 5.84% with a $2,500 minimum deposit.
- The average APY for a traditional savings account is 0.22%.
- High-yield savings accounts require a minimum deposit but offer higher interest rates.
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Forbes
2d
348
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Today’s Top Money Market Account Rates For April 17, 2025 – Rates Hit 4.89%
- The current average money market rate is 0.53%, while the highest rate is up to 4.89%.
- Money market accounts (MMAs) offer higher interest rates than other deposit accounts and provide convenient access to cash.
- MMAs at banks are insured by the FDIC, and MMAs at credit unions are insured by the NCUA, offering protection up to $250,000 per account type.
- When opening a money market account, consider comparing rates, requirements, fees, and withdrawal limits to find a suitable option.
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