Economic & Finance News
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 [...]
India has emerged as Japan's most promising market, driving significant Japanese investment. Mizuho Bank Global CEO Masahiko Kato highlighted a strategic push to build an India-Japan corridor, supporting businesses in [...]
Public sector companies and four major government bodies maintained their capital spending this fiscal year. Their expenditure reached ₹6.67 lakh crore by January, nearly matching last year's ₹6.79 lakh crore. [...]
In a significant ruling, the Bombay High Court has reaffirmed that summonses issued under the CGST Act serve solely for the purpose of inquiries and recording statements, and do not [...]
Over Rs 72,000 crore in unclaimed bank deposits are held by the RBI's DEA Fund by January 2026. Steps are being taken to help people find their lost money. The [...]
More than 24 lakh income tax returns remain unprocessed for over 90 days. This is out of nearly 8.80 crore returns filed for Assessment Year 2025-26 by February 4, 2026. [...]
Asian nations are quietly challenging the dollar's global dominance, moving beyond mere rhetoric. China's digital yuan (e-CNY) now offers interest, making it competitive with bank deposits. Meanwhile, the mBridge platform, [...]
EPFO subscribers will soon be able to withdraw provident fund directly into their bank accounts via UPI using a new mobile app launching in April. This initiative aims to streamline [...]
A joint panel will be formed by the corporate affairs ministry and CBDT by March-end. This initiative aims to align tax computation rules with accounting standards. The move will reduce [...]
The Reserve Bank of India (RBI) has expressed comfort regarding outstanding gold loans in the financial system, despite recent price volatilities. Governor Sanjay Malhotra stated that loan-to-value ratios are well [...]
Market News
Bharat Dynamics shares fell over 3% amid profit booking and broader weakness in defence PSU stocks. Several peers also declined, while select counters saw buying interest. The stock remains under [...]
Jefferies has downgraded major Indian IT stocks, including Infosys and TCS, warning of up to 65% valuation downside in a worst-case AI disruption scenario. The brokerage flagged structural risks to [...]
Textile stocks saw mixed trading as US tariff uncertainties persisted. While some companies like Kitex Garments surged, others faced declines. President Trump's revised global tariffs, invoked under a rarely used [...]
UPL shares fell 10% after announcing a restructuring to merge global crop protection units into UPL Global, alongside a downgrade by Nuvama to Hold. While the move may unlock value, [...]
IDFC First Bank's market capitalization plummeted by Rs 14,438 crore after a Rs 590 crore fraud at its Chandigarh branch. Employees allegedly conducted unauthorized transactions in Haryana state government accounts, [...]
Indian internet companies showed mixed Q3 results, with some reporting strong revenue and profit growth while others struggled. Despite a general decline in stock prices, brokerages remain optimistic about select [...]
Indian retail investors are worried as IT stocks face a sharp correction due to artificial intelligence fears. This downturn could impact mutual fund returns, affecting both lump sum investments and [...]
Indian stock markets surged on Monday, with the 30-stock index and Nifty both trading significantly higher. This positive movement was a direct reaction to the US Supreme Court's Friday decision [...]
Ola Electric plans to cut its store network to 550 outlets amid declining market share and operational challenges. The company reported weaker sales and continued losses, though slightly improved year-on-year. [...]
Indian retail investors are making bold moves in the stock market. They are buying stocks that have fallen in value and selling those that have performed well. This strategy, while [...]
