Economic & Finance News
According to assessments by Crisil, ICICI Bank Research and Emkay Global, the merchandise deficit expanded as gold imports surged nearly 150% quarter-on-quarter, touching USD 19 billion in Q2, while goods [...]
The Indian Rupee is nearing 90 against the US Dollar. Foreign investors are selling Indian stocks, impacting market performance. Domestic investors are buying, but foreign selling is currently dominant. This [...]
Goldman Sachs anticipates the central government will meet its FY26 fiscal deficit target of 4.4% of GDP by curtailing capital expenditure. This measure is expected to offset anticipated shortfalls in [...]
Despite monetary easing, low inflation, and soft crude prices, India's long-term government bond yields have risen due to increased government bond supply and global uncertainties. However, a moderation is expected [...]
India's Goods and Services Tax collection reached ₹1.70 lakh crore in November. This marks a modest 0.7% rise year-on-year. Officials state the growth pace exceeded expectations. The numbers reflect the [...]
The government is seeking Parliament's approval for a net additional spending of Rs 41,455 crore in the current fiscal. This includes over Rs 18,000 crore for fertiliser subsidies and approximately [...]
India has asked for parliament's approval for an additional 1.32 lakh crore rupees ($14.61 billion) in additional spending for the fiscal year concluding March 31, 2026. The exact net increase [...]
Within the total revenue expenditure, interest payments accounted for Rs 6,73,715 crore, while Rs 2,46,575 crore was spent on major subsidies. The expenditure pattern highlights the balance between the government's [...]
The Asian Development Bank has approved an $846 million loan to India to modernize 650 Industrial Training Institutes and five National Skill Training Institutes. This initiative aims to create a [...]
Launched in 2015, the Pradhan Mantri MUDRA Yojana has successfully distributed Rs 34 lakh crore in collateral-free loans, reaching over 55 crore beneficiaries. With the aim of bridging the funding [...]
The Asian Development Bank has approved a $400 million results-based lending program for Maharashtra to develop climate-resilient, low-carbon, and safe road networks. This initiative will expand all-weather roads in 34 [...]
India needs to re-evaluate its curbs on Chinese foreign direct investment, Economist Sajjid Chinoy said. He believes allowing Chinese capital would boost domestic demand and job creation, contrasting it with [...]
The Indian rupee celebrated a remarkable recovery, showcasing its most significant one-day increase in a month by settling at 89.23 to the US dollar. The Reserve Bank of India's preemptive [...]
The government anticipates a slight dip in tax collections this financial year. This is due to recent Goods and Services Tax rate reductions and global economic challenges affecting corporate profits. [...]
Afghanistan's commerce minister has invited Indian investors to explore opportunities in mining, agriculture, health, and IT. Preferential tariffs and tax exemptions are being offered. Air cargo services between Kabul and [...]
Market News
Sebi has ordered financial influencer Avadhut Sathe and his academy to stop unregistered investment advisory and research analyst services. They are banned from trading securities and must return ₹546 crore [...]
The NSE has adjusted price bands for 230 stocks, with 128 moving to 20% and 90 to 10%. This move typically signifies reduced manipulation risk or improved liquidity. Conversely, 10 [...]
British American Tobacco plans to sell approximately 7% of ITC Hotels shares, valued at around ₹2,948 crore, via a block deal on December 5. The sale, which represents a portion [...]
Kaynes Technology shares fell 6% after Kotak Institutional Equities highlighted discrepancies in inter-company transaction disclosures between the parent and its subsidiaries. The brokerage noted significant unrecorded transactions and receivables, alongside [...]
IndiGo's stock is facing pressure from widespread flight cancellations. These disruptions are expected to affect revenue and profits in the coming quarter. Analysts suggest further stock drops are possible if [...]
To be sure, GIFT City already extends several benefits to reinsurers seeking to make this an operational hub. It offers no additional capital injection requirement, a 10-year tax holiday, and [...]
Sandeep Agarwal is currently serving notice period in UBS and likely to join Modulus in January. He is likely to spearhead the business as well as the investments, people cited [...]
Indian markets ended slightly higher as IT stocks gained ahead of the RBI policy decision. Mixed global cues, a weak rupee and FII outflows capped gains, while analysts warned of [...]
Benchmark indices fell for a third straight session, pressured by banks and financials ahead of the RBI policy. Technical indicators show weakening momentum, with Nifty slipping below the 21EMA. Analysts [...]
Indian markets are watching global trends. Wall Street indexes saw mixed movements on Thursday. Investors are closely examining new jobs data. This information helps them predict a Federal Reserve rate [...]
RBI has mandated that lenders submit borrower data to credit bureaus weekly instead of fortnightly from April 1, 2026. The move aims to improve credit underwriting and loan monitoring. Lenders [...]
RBI also rejected banks’ suggestion to fix eligibility criteria to open basic accounts based on income and profile of customer saying that fixing an eligibility criteria would undermine the objective [...]
Foreign investors have pulled out Rs 13,121 crore (USD 1.46 billion) from Indian equities in the first four days of December, taking the total outflow for 2025 to Rs 1.56 [...]
BAT announced that its wholly-owned subsidiaries, Tobacco Manufacturers (India) Limited, Myddleton Investment Company Limited and Rothmans International Enterprises Limited, intend to sell the issued ordinary share capital in ITC Hotels [...]
Five BSE500 stocks — including Asian Paints, Vedanta and Hero MotoCorp — hit fresh 52-week highs on Thursday, extending up to 18% gains over the past month amid strong market [...]