Economic & Finance News
Government's combined disinvestment and asset monetisation receipts have surpassed ₹34,400 crore this fiscal year, exceeding revised estimates. Dividend collections from public sector enterprises have reached ₹70,577 crore, nearing the annual [...]
RBI's Deputy Governor, J. Swaminathan, recently pointed out that the root cause of financial crises lies in governance failures, not insufficient knowledge. He articulated how misaligned incentives often lead institutions [...]
Iran war: The recent turmoil in the Middle East could have serious economic repercussions for India. With more than just oil at stake, the potential impact on electronics exports and [...]
Union Finance Minister Nirmala Sitharaman met Zou Jiayi, the new President of the Asian Infrastructure Investment Bank (AIIB), here in the national capital, where they discussed strengthening the India-AIIB partnership. [...]
The Reserve Bank of India reports nearly all Rs 2,000 banknotes have been returned. Since May 2023, the central bank announced their withdrawal. Most of the currency has been exchanged [...]
India's Goods and Services Tax collection saw a significant increase. Gross GST revenue for February 2026 reached Rs 1.83 lakh crore, an 8.1% rise compared to the previous year. For [...]
India FDI inflows: Singapore was the top source of overseas investments in April-December this fiscal, followed by the US. FDI equity inflows in July-September FY26 were $16.4 billion. [...]
The RBI’s recent liquidity infusion, which has pushed overnight rates below the repo rate to ease funding stress, is seen by bankers as a temporary, tactical move rather than a [...]
India and France have updated their tax treaty. This agreement changes how dividends are taxed between the two nations. French companies with large stakes in Indian firms will see a [...]
In January, India's economic landscape showcased resilience, with industrial production and service sectors experiencing consistent growth. Publicly traded companies noted impressive sales figures, particularly within the manufacturing domain. Anticipated trade [...]
Gujarat's Finance Minister Kanu Desai unveiled a ₹4,08,053 crore budget for 2026-27. The plan prioritizes developing six regions as growth hubs. Significant funds are allocated for sports infrastructure to prepare [...]
The government is pushing states to quickly approve and implement projects under the Special Assistance to States for Capital Expenditure scheme. Over ₹1.04 lakh crore has already been released. With [...]
The amount of cash circulating in the economy has hit an all-time peak of Rs 40 lakh crore in January, after rising 11.1% year-on-year. Yet, interestingly, the cash-to-GDP ratio has [...]
RBI Governor Sanjay Malhotra urged MSMEs to embrace formalization, credit discipline, and digital payments for enhanced resilience and competitiveness. The central bank reiterated its commitment to improving access to timely [...]
India needs patient capital to achieve its $10 trillion GDP target by 2035, according to Spark Capital's Y Rama Rao. He highlighted the success of South Korea and Singapore in [...]
Market News
Indian benchmark indices concluded March 10 on a strong note, with the Nifty surpassing 24,250. Analysts anticipate consolidation between 24,500 and 23,700, with immediate support at 24,150. The India VIX [...]
Indian markets saw a strong rebound on Tuesday, recovering some losses. Global cues improved and crude oil price worries eased. Several companies are in focus today. Nazara Technologies saw a [...]
India's pension fund regulator has permitted 1% of the ₹17 lakh crore assets under management to be invested in alternative investment funds. This move aims to channel domestic institutional money [...]
Indian stocks and the rupee saw a strong rebound on Tuesday. This recovery followed a significant drop in crude oil prices. Asian markets also experienced gains. Traders cut bearish bets [...]
The Reserve Bank of India has updated bank capital rules, aligning them with global standards and clarifying how lenders assess trading partner default risk. New guidelines require banks to include [...]
The Reserve Bank of India has revised dividend payout norms for banks, linking them to Common Equity Tier 1 (CET1) ratios instead of CRAR and NPAs. The new guidelines, effective [...]
Global aluminium prices have surged due to plant shutdowns in Qatar and Bahrain and Strait of Hormuz disruptions, boosting Indian producers like Nalco, Hindalco, and Vedanta. These supply issues are [...]
Indian stock markets have seen valuations ease after a recent sell-off. However, key indices still trade at a premium compared to emerging market peers. This valuation gap, coupled with investor [...]
In a dramatic shift for IndiGo, CEO Pieter Elbers has stepped down following a significant operational failure that led to the cancellation of over 5,000 flights last December, stranding numerous [...]
GST cases: Smruti Waghdhare, proprietor of M/s Platinum International, had challenged seizure orders dated June 27 and June 28, 2023 issued in Form GST INS-02. [...]
The steelmaker won the block by committing a premium of 101.20% to the government. Bidding for the mine, conducted online on Tuesday, started at a premium of 101.05%. [...]
IDFC First said it is implementing two new controls for government, banking and institutional accounts. Under the revised protocol, the bank will first send an email to the registered email [...]
Indian equity markets rebounded as easing geopolitical concerns after comments from Donald Trump lifted investor sentiment. The Sensex rose 640 points and Nifty closed above 24,260, with analysts expecting cautious [...]
Morgan Stanley Asia Singapore bought shares worth ₹69.2 crore in Nazara Technologies through a block deal, acquiring 28.85 lakh shares from Think India Opportunities Master Fund as the gaming company [...]
The Reserve Bank of India has issued stricter prudential norms for bank dividend payouts and profit remittances. The framework links payouts to capital strength, asset quality, and regulatory compliance to [...]