Economic & Finance News

Hopeful of meeting FY26 direct tax collection target: CBDT Chairman

India is confident it will meet its direct tax collection target of ₹25.2 trillion ($284.39 billion) for this financial year, Ravi Agrawal, chairman of the Central Board of Direct Taxes, [...]

N Chandrababu Naidu sees Google unleashing $1 trillion boom

Naidu, who retook control of the state in 2024 for a fourth term, scored a big win last month when Alphabet Inc.’s Google announced it would invest $15 billion in [...]

Boost financial inclusion with fair rates: DFS Secy to MFIs

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 [...]

India likely to allocate $227.5 million for exporters' credit guarantee in FY26

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 up 7% in FY26 so far to Rs 12.92 lakh crore

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 cabinet approves investment proposals worth Rs 1 lakh crore

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 [...]

CII urges govt to establish India Development and Strategic Fund to finance growth

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 [...]

Revenue of states from taxes subsumed under GST declined for most: PRS report

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% [...]

Gold buying by central banks up 10% in Q3

Investments in digital gold such as ETFs and similar products rose to 221 tonnes, up 134% on year, says WGC Report. [...]

IPPB to provide doorstep digital life certificate services to EPFO pensioners

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 [...]

India staring at a tricky fiscal balancing act? Slower tax growth clouds FY26 deficit goals

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 [...]

Sales glut pips tax cut as GST mop-up keeps rising

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 [...]

GSTAT: The missing piece in India’s GST framework finally falls in place

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 [...]

GST collections rise 4.6% to Rs 1.96 lakh crore in October despite tax cuts

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 [...]

Industry pushes for long-term maritime infra financing options

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 [...]

Market News

Sebi aiming to double number of equity investors in 3-5 years: Tuhin Kanta Pandey

Pandey cited findings of a survey conducted by Sebi recently, which points to eagerness to invest with over a fifth of the respondents saying they plan to invest in the [...]

These 9 midcap stocks post 100%+ EBITDA growth in September quarter. Do you own any?

Nine NSE midcap stocks, including Glenmark, HPCL, and Suzlon, posted over 100% EBITDA growth in Q2FY26, reflecting strong profitability and operational efficiency [...]

Sebi in advanced stages of comprehensive review of stock brokers regulations: Tuhin Kanta Pandey

Sebi is close to finalising a major revamp of stock broker and market regulations, aiming to modernise outdated rules, remove ambiguities and streamline compliance. The regulator is also advancing changes [...]

Asian Paints, Marico among 8 stocks that hit 52-week highs; gains up to 18% in a month

Asian Paints, Marico, Canara Bank and five other BSE 100 stocks hit 52-week highs, with monthly gains up to 18%, signalling strong bullish momentum and potential short-term upside [...]

Gainers & Losers: Groww, Pine Labs & 4 more stocks hog limelight on Monday

Six major stocks were in focus on Monday as benchmark indices extended their winning streak for the fifth consecutive session. Strong action was seen in financials and autos, while individual [...]

NDA’s landslide Bihar triumph adds strong boost to Indian equities’ rebound narrative, says Motilal Oswal

Motilal Oswal says the Bihar poll mandate strengthens policy continuity and boosts market confidence, adding momentum to improving earnings, supportive reforms, easing political concerns and macro tailwinds that may aid [...]

Market Wrap: Sensex ends 388 pts higher, Nifty reclaims 26,000 as RBI relief lifts financial stocks

Indian stocks surged for a sixth consecutive session, with the Sensex and Nifty closing higher. Investors reacted positively to the Reserve Bank of India's new support measures for exporters facing [...]

LG Electronics India shares may rally up to 17%, Motilal Oswal says, flagging margin comeback, other triggers

Motilal Oswal has reaffirmed a ‘Buy’ on LG Electronics India, saying the market is overlooking its margin recovery and premiumisation-led growth. Despite a weak Q2 marked by softer demand and [...]

How PhonePe is redefining fintech excellence through culture and compliance

While others chase valuations, this payments giant is prioritising inclusion, governance structures, and workplace values. [...]

European shares steady as investors pause ahead of US data

EUROPE-STOCKS/ (URGENT)European shares steady as investors pause ahead of US data [...]

PhysicsWallah shares to list tomorrow, GMP hints at 9% listing pop. What to expect

​PhysicsWallah shares will list on the BSE and NSE on November 18, with the Rs 3,480 crore IPO, one of the largest ever from India’s edtech sector, drawing tepid overall [...]

Rs 9,400 crore stake! Groww's dominance on Dalal Street turns founder Lalit Keshre into a billionaire

Groww's founder Lalit Keshre has joined the billionaire ranks with his stake valued at nearly Rs 9,400 crore, following the company's impressive 68% share price surge post-IPO. Keshre emphasized the [...]

FIIs raise stakes in 9 strong-margin smallcaps; 2 turn multibaggers. Do you own any?

FIIs are boosting stakes in select high-margin smallcaps, with nine stocks delivering 25% to 300% returns in CY25, including two multibaggers. [...]

Tourism shares drag down Nikkei amid China-Japan spat over Taiwan

Japan's Nikkei closed slightly lower as tourism stocks tumbled following China's travel warning amid escalating Taiwan tensions. Retailers like Isetan Mitsukoshi and Shiseido saw significant drops. However, technology and financial [...]

Tata Motors (CV) shares slide over 3% in first post-listing earnings test. What should investors do now?

Tata Motors (CV) shares fell, extending last week’s slide, after its first post-listing quarterly results showed a sharp swing to a consolidated net loss of ₹867 crore in Q2 FY26 [...]