Economic & Finance News
Private sector capital expenditure is projected to surge by 66.3% to Rs 6.6 lakh crore in FY25, marking a peak between FY22 and FY26. While a slight dip to Rs [...]
India's payments authority, central bank, and industry are urging the government to allow a fee on digital payments to large merchants via UPI. This Merchant Discount Rate (MDR) aims to [...]
Reserve Bank Governor Sanjay Malhotra has urged US industry leaders to invest in India, highlighting its position as the fastest-growing major economy. He emphasized India's policy consistency, stable macroeconomic fundamentals, [...]
India's direct tax collections demonstrated substantial growth, climbing 15.59% to reach Rs 27.02 lakh crore in FY24-25, driven by increased corporate and non-corporate tax revenues. A significant surge in securities [...]
The government has established Goods and Services Tax Appellate Tribunal (GSTAT) rules mandating e-filing and hybrid hearings. Urgent matters filed before noon will be listed the next day, streamlining dispute [...]
The Reserve Bank of India's relaxed liquidity coverage ratio guidelines are projected to release up to 3 trillion rupees, potentially boosting credit growth by as much as 2 percentage points. [...]
Central and state GST officers uncovered 25,009 fake firms involved in fraudulently passing input tax credit (ITC) worth Rs 61,545 crore during 2024-25. Authorities recovered Rs 1,924 crore and arrested [...]
Goldman Sachs reports that India's private sector capital expenditure may decline due to global tariff uncertainty, potentially impacting capital goods and infrastructure sectors. While India's GDP has been resilient, exports [...]
The Indian government has refuted rumors about imposing GST on UPI transactions exceeding Rs 2,000, dismissing the claims as baseless and misleading. The government reaffirmed its commitment to promoting digital [...]
India's state-backed bad bank, NARCL, is aiming to acquire stressed assets worth ₹10,000 crore in the first quarter of FY26. Offers have been made for companies like BGR Energy and [...]
Reserve Bank of India will not activate the countercyclical capital buffer. The decision comes after reviewing relevant indicators. The framework was introduced in February 2015. It aims to ensure banks [...]
Indian tax authorities are scrutinizing foreign portfolio investors (FPIs) from Mauritius, requesting their tax residency certificate (TRC) applications to verify 'substance.' This move aims to check potential treaty benefit abuse, [...]
India plans to refinance multilateral debts for key infra projects. This move aims to protect projects from expensive foreign loans and strict conditions. Indian Railway Finance Corporation may refinance loans [...]
Rich Indians' tax: A recent study reveals a concerning trend in India: the wealthiest individuals report significantly lower incomes relative to their vast wealth, leading to minimal tax contributions. This [...]
Economists believe record high dollar sales by the Reserve Bank of India (RBI) to protect the rupee's exchange rate and interest earned from large scale liquidity operations have boosted the [...]
Market News
While many IPOs have faced challenges post-listing, a select few have turned into multibaggers, delivering stellar returns and creating significant wealth for investors [...]
Balmer Lawrie Investments' board will meet on May 21 to consider a buyback, bonus issue, stock split, and dividend. It will also review FY25 financials. The firm has a history [...]
Vedanta Q4 Results: Vedanta attributed its strong performance to a consistent focus on operational excellence, disciplined cost management, and favorable market conditions. [...]
European shares climbed on Wednesday as investors assessed mixed corporate earnings and awaited key economic data, wrapping up a volatile month dominated by disruptive U.S. trade policy. [...]
Investor concerns over rising NPA provisions and a cautious outlook from experts like Dipan Mehta of Elixir Equities fueled a sharp decline in Bajaj Finance’s stock price. Mehta expressed disappointment [...]
Japan's Nikkei share average gained on Wednesday as investors awaited developments in U.S.-Japan tariff talks, helping the benchmark to register its first monthly gain since December. [...]
President Trump’s second term began with sharp market volatility, falling stocks, and a weakening dollar, driven by trade fears and uncertainty, while Treasuries offered rare investor stability. [...]
On April 29, Bajaj Finance's board of directors approved a stock split in a 1:2 ratio, where each share of face value Rs 2 will be split into two shares [...]
Reliance shares surged following a sharp market correction earlier in 2025. The rally also came on the back of the company's Q4FY25 earnings announcement, which boosted investor sentiment toward the [...]
Varun Beverages reported a 33.45% YoY rise in Q4 net profit to Rs 731.3 crore, with revenue up 29% to Rs 5,680 crore. Volume growth, especially in India and South [...]
Despite positive signs in the US corporate bond market, investor sentiment remains cautious amid concerns over economic growth and inflation, driven largely by unpredictable tariff policies. [...]
Trump’s first 100 days back in office have erased trillions in market value, with the S&P 500 down 7% and the dollar index dropping over 9%. High-profile stocks like Tesla [...]
Amidst rising India-Pakistan tensions, defence stocks have surged, attracting heightened investor interest. Mutual funds increased holdings in 11 of 18 Nifty India Defence Index stocks in the March quarter, with [...]
Shares of Hindustan Aeronautics (HAL), Garden Reach Shipbuilders & Engineers (GRSE), Data Patterns, Cochin Shipyard, and others saw declines of up to 5.2% during the session. GRSE led the losses [...]