Economic & Finance News
India will borrow a record amount in the upcoming fiscal year. The government plans to use bond switches and other tools to manage the market. This approach aims to keep [...]
India is considering a proposal to link its Unified Payments Interface (UPI) with Singapore's Alipay+ to facilitate cross-border digital payments. This potential integration would allow seamless transactions for Indian travelers [...]
The government aims to raise ₹80,000 crore through disinvestment and asset monetisation in FY27. DIPAM secretary Arunish Chawla expressed confidence in meeting this ambitious target. Plans are underway to unlock [...]
The Reserve Bank of India reports that 98.42 percent of Rs 2,000 banknotes have been returned. This withdrawal began on May 19, 2023. The total value of these notes in [...]
The board will also expand the duty deferrals for Authorized Economic Operator (AEO) programme and now a new category of manufacturers and exporters will enjoy the same facilitation privileges as [...]
The Central government plans to introduce the Insolvency and Bankruptcy Code amendment Bill soon. This move aims to improve the insolvency resolution process. The government has already resolved over 1,000 [...]
The Union government faces a careful balancing act. Significant funds will flow to states following the 16th Finance Commission's proposals. This includes a 41 percent share of central taxes and [...]
The Sixteenth Finance Commission proposes ending revenue deficit grants for states, keeping their tax share at 41%. It introduces states' GDP contribution to tax devolution and demands stricter fiscal discipline. [...]
With an eye on fiscal strength, the government is targeting a significant Rs 80,000 crore through disinvestment and asset monetisation by the end of FY27. Major transactions like the sale [...]
The Centre anticipates Rs 3.16 lakh crore in dividends and surpluses from the RBI, nationalised banks, and financial institutions for 2026-27, a 3.75% increase. This, along with Rs 75,000 crore [...]
India Budget 2026: The government aims to raise ₹47,000 crore from disinvestment and asset monetisation in FY26, shifting focus from targets to improving company valuations and funding infrastructure. Privatisation remains [...]
The Centre has allocated Rs 95,692.31 crore for the new VB-G RAM G scheme, set to replace MGNREGA and promise 125 days of work annually. The overall Budget for the [...]
The Union Budget 2026-27 earmarks Rs 1,102 crore for key government offices. This includes substantial funds for the Council of Ministers, the Prime Minister's Office, and the Cabinet Secretariat. Hospitality [...]
Union Budget 2026" The Budget proposes to maintain states' share of central taxes at 41 percent for the next five years. This aligns with Finance Commission recommendations. The Centre will [...]
Union Budget of India 2026: The Indian government is poised to embark on a significant borrowing spree in the 2026-27 fiscal year, as highlighted by Finance Minister Nirmala Sitharaman's recent [...]
Market News
Gokaldas Exports saw a significant bulk deal as Societe Generale purchased over 5 lakh shares worth Rs 41 crore. The apparel manufacturer's stock has surged 43% in two days, benefiting [...]
Indian stock markets extended gains for a second day. The Nifty and Sensex closed higher, buoyed by optimism around a potential India-US trade deal. Most sectors saw gains, offsetting weakness [...]
Nifty closed higher for a second consecutive day, despite IT sector weakness, as other sectors gained momentum. Analysts noted initial market hesitation followed by a recovery, indicating buying interest at [...]
Sebi is refining its Order-to-Trade Ratio framework for algorithmic orders, effective April 6, 2026. New exemptions for equity options and specific price bands aim to balance market liquidity with preventing [...]
Devyani International Ltd announced a net loss of Rs 109.78 crore for the December quarter of FY26. This marks an increase from the previous year's loss. However, the company saw [...]
Nykaa is poised for a strong performance in the December quarter. Robust festive demand and sustained momentum in its Beauty and Personal Care segment are expected to drive significant profit [...]
Mukesh Ambani urged Indians to shift savings from gold and silver into capital markets, arguing that precious metals, though safe, do not create wealth in a fast-growing economy. Speaking at [...]
Carlsberg reported a 5% rise in full-year operating profit, exceeding forecasts, and is considering an initial public offering for its Indian operations. The brewer also projected 2-6% profit growth for [...]
Mukesh Ambani urged Indian households to shift savings from physical assets like gold to capital markets for productive wealth creation. He emphasized simplifying investment access, drawing a parallel to Jio's [...]
BlackRock CEO Larry Fink said the next 20–25 years will be the “era of India,” driven by rising domestic investment and rapid technological adoption. Speaking with Mukesh Ambani at a [...]
Nifty ended at 25,776, gaining 48.45 points or 0.19%, the BSE Sensex surged 78.56 points or 0.09% to Rs 83,817.69. [...]
Trent Q3 Results: Trent reported a 3% rise in its December quarter consolidated net profit to Rs 513 crore, with revenue from operations up 15% to Rs 5,345 crore. On [...]
Sebi has proposed a major revamp of its ‘fit and proper person’ framework to enhance clarity, fairness and reduce regulatory uncertainty. Key changes include codifying the right to a hearing, [...]
Benchmark indices extended gains for a third straight session on Wednesday, recovering from a weak start as buying picked up through the day. Sensex closed 78 points higher, and Nifty [...]
JPMorgan says the recent global IT selloff amid AI disruption fears has veered from rational concern to outright panic. Analyst Mark Murphy noted that markets are “overwhelmingly” focused on AI [...]