Economic & Finance News
The allocation under the Special Assistance to States for Capital Investment (SASCI) scheme may be raised to Rs 1.8-2 lakh crore for 2026-27 from Rs 1.5 lakh crore budgeted for [...]
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. [...]
Market News
HCL Capital Private Limited emerged as the largest acquirer of British American Tobacco's (BAT) stake in ITC Hotels, buying 14.58 crore shares for Rs 2,998 crore. Several other marquee investors [...]
Home-grown FMCG firm Dabur on Friday said it has received an observation letter with "no adverse observations" from the BSE over its Scheme of Amalgamation of Sesa Care. [...]
Markets regulator Sebi has granted in-principle approval to the registration of 'Raajmarg Infra Investment Trust' (RIIT) as an Infrastructure Investment Trust (InvIT) and will get the final nod after it [...]
US stocks saw early gains Friday as investors awaited inflation data and anticipated a Federal Reserve interest rate cut. Netflix shares dipped after announcing an $83 billion acquisition of Warner [...]
Tenneco Clean Air India reported a 10% YoY profit rise to ₹150 crore and nearly 10% revenue growth in its first post-listing quarter. EBITDA margins stayed strong, while a ₹9,840-crore [...]
A Cloudflare outage disrupted trading platforms including Zerodha, Groww and Angel One. Nithin Kamath apologised and highlighted risks of dependence on single infrastructure. Zerodha activated its independent WhatsApp-based Kite Backup [...]
Markets extended gains after RBI’s 25 bps rate cut, with financials, autos leading the rally. SpiceJet surged on IndiGo disruptions, while Kaynes Tech slid on governance concerns despite management clarification. [...]
Indian stock markets surged on Friday, with the Sensex and Nifty closing higher after the Reserve Bank of India's 25 basis point policy rate cut. Financial and auto stocks, keenly [...]
Zerodha, Groww down: Domestic platforms Zerodha, Groww and Angel One were hit by service disruptions after the US-based internet services provider Cloudflare experienced a major outage on Friday. [...]
Nifty hit a new high but quickly faced selling pressure, signalling fading upward momentum. Technical analysis highlights a key support zone between 25,840 and 25,900 and resistance around 26,300–26,350, suggesting [...]
Promoters of nine Nifty500 companies reduced their pledged shareholding in the September 2025 quarter, signalling improved financial stability. Valor Estate, Jubilant FoodWorks, Hindustan Zinc and Asian Paints saw notable declines, [...]
Avadhut Sathe Trading Academy (ASTA) has rejected Sebi’s allegations that it offered unregistered investment advice, saying it only provides educational training. This comes a day after Sebi barred founder Avadhut [...]
Sebi has barred financial influencer Avduth Sathe after determining that his academy was providing unregistered investment advice. The regulator found the platform offered live trading sessions with specific buy/sell recommendations [...]
The rupee weakened by 18 paise to slip past 90 against the US dollar after the RBI cut the repo rate by 25 bps to 5.25%, triggering a drop in [...]