Economic & Finance News
Microfinance institutions are urged to maintain fair interest rates. The Department of Financial Services secretary expressed concern over declining loan accounts and outstanding amounts. MFIs play a crucial role in [...]
The cabinet has given the green light to a financial package of Rs 45,060 crore aimed at bolstering exporters. A significant portion of this, specifically Rs 20,000 crore, will be [...]
India's net direct tax collection reached Rs 12.92 lakh crore, marking a 7% year-on-year increase as of November 10. Gross collections rose by 2.15% to Rs 15.35 lakh crore, while [...]
Andhra Pradesh's cabinet has approved investment proposals totaling Rs 1 lakh crore. These initiatives aim to boost the state's development and create jobs for its youth. Major projects include IT [...]
Industry lobby CII has urged the government to create a new India Development and Strategic Fund. This professionally managed fund aims to finance India's long-term growth and secure critical economic [...]
A report by PRS Legislative Research indicates that most states have experienced a decline in aggregate revenue from taxes subsumed under GST, falling from 6.5% of GDP pre-GST to 5.5% [...]
Investments in digital gold such as ETFs and similar products rose to 221 tonnes, up 134% on year, says WGC Report. [...]
India Post Payments Bank will now offer doorstep digital life certificate services to EPFO pensioners. This collaboration leverages India Post's extensive network of post offices and postal service providers. Pensioners [...]
For India, maintaining fiscal discipline will depend on sustaining strong non-tax inflows and ensuring the government’s capex push continues to translate into higher private investment and consumption -- critical for [...]
In October, the Goods and Services Tax collections soared to Rs 1.95 lakh crore, marking a 4.6% rise compared to the previous year. Notably, this increase transpired even with substantial [...]
India's Goods and Services Tax Appellate Tribunal, GSTAT, is now operational after an eight-year wait. This new body promises faster dispute resolution for businesses and tax professionals. It aims to [...]
Goods and Services Tax collections saw a 4.6% increase in October, reaching Rs 1.96 lakh crore. This growth indicates robust economic activity and consumer spending during the festive season. Net [...]
The growth of India's maritime industry is hindered by a lack of robust financing avenues. Shipowners are encountering challenges with banks hesitating to fund vessel acquisitions. Meanwhile, port developers are [...]
In the first half of FY2025-26, government finances reflect a widening fiscal deficit. A notable increase in capital expenditure has driven significant infrastructure development. [...]
India's goods and services tax collections are strong even after recent rate cuts. This gives the government confidence in meeting budget estimates. The reforms are supporting local consumption and government [...]
Market News
This week, the Indian stock markets celebrated a bright finish with significant upward momentum, driven primarily by technology and pharmaceutical shares. Positive indicators from the US economy and impressive earnings [...]
Jayaswal Neco Industries has transformed from near bankruptcy to a financially stronger steel and mining player through debt restructuring, operational improvements and better sector conditions. Rising sales, stronger profitability and [...]
Analyst forecasts highlight strong return potential across select Nifty500 stocks, offering investors a strategic view of future opportunities. Trendlyne’s consensus estimates indicate several names could deliver substantial gains over the [...]
Aluminium prices have surged to record levels in India and abroad, driven by tight domestic supply, robust industrial demand, high energy costs, and geopolitical disruptions. Import restrictions, global trade shifts, [...]
HDFC Bank added Rs 9,149.13 crore, taking its market capitalisation to Rs 15,20,524.34 crore, and that of Hindustan Unilever rose by Rs 2,878.25 crore to Rs 5,70,187.06 crore [...]
Axis Securities maintains a positive market view, projecting further upside in Nifty and Bank Nifty. The report highlights key levels and recommends Sun Pharma, GRSE and Persistent Systems with 7–13% [...]
Amid India's recent real-money gaming prohibition, gaming companies are grappling with significant financial setbacks. Flutter Entertainment and Clairvest Group have reported hefty impairments, while Nazara Technologies and Delta Corp aren't [...]
Smallcap stocks delivered impressive double-digit gains last week. VTM, Yatra Online, and Indigo Paints led the rally. Textiles, consumer, and niche manufacturing sectors saw notable increases. Healthcare and pharma stocks [...]
Nifty ended higher after a late rebound driven by financials, pharma, and FMCG, supported by sentiment linked to the NDA’s Bihar victory. Technical indicators suggest strength above key support levels. [...]
The Nifty is poised for direction as the Q2 earnings season ends. Six key factors will guide its movement this week. These include technical momentum, the mixed performance of Q2 [...]
Indian companies face new accounting risks. Traditional debt issues have eased, but profit quality is now a concern, particularly for companies going public. Investors must scrutinize cash flow and related-party [...]
The Indian stock market anticipates a slower week for IPOs starting November 19. Excelsoft Technologies' mainboard IPO will be the week's main event. Eight other IPOs will list, keeping investor [...]
Ten penny stocks gained 20–65% in the past month, with three rising over 40%. These stocks were identified based on market cap under Rs 1,000 crore, prices below Rs 20, [...]
Household product and grocery demand revived in Q2, with FMCG sales volume increasing 4.7% year-on-year. This resurgence, led by household and personal care, occurred before the GST rate reduction, indicating [...]
Amid India's recent real-money gaming prohibition, gaming companies are grappling with significant financial setbacks. Flutter Entertainment and Clairvest Group have reported hefty impairments, while Nazara Technologies and Delta Corp aren't [...]