Economic & Finance News

Piyush Goyal meeting stakeholders to discuss ways to promote FDI, FII

Minister Piyush Goyal is meeting investors today. The discussions aim to speed up foreign investment processes. This will boost job creation and bring new technologies. It will also promote research [...]

16th Finance Commission submits report to President Droupadi Murmu

The Sixteenth Finance Commission has presented its tax division recommendations to President Droupadi Murmu. The report outlines how the tax pool will be shared between the Centre and states for [...]

I-T return forms, rules under simplified Income Tax Act, 2025 to be released by January 2026

The Central Board of Direct Taxes (CBDT) will release simplified Income Tax return forms and rules for the new Income Tax Act, 2025, by January 2026. Chairman Ravi Agrawal assured [...]

Financial sector to aid next phase of transformation, says DEA secy Anuradha Thakur

Economic Affairs Secretary Anuradha Thakur highlighted the financial sector's crucial role in India's economic transformation and sustained growth. She emphasized joint government-private action to strengthen the corporate bond market, expand [...]

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 [...]

Market News

Eternal extends leadership in both quick commerce & food delivery, Bernstein says citing 5 data points

Bernstein says Eternal dominates India’s e-commerce through Blinkit and Zomato, leading app downloads, market share, and user growth as quick commerce rises and food delivery becomes a two-player race. [...]

Volume Shocker: MFs add over 1 crore shares to 10 stocks in October, prices surge up to 34%

​Mutual funds sharply increased positions in October 2025, adding over 1 crore shares each to 30 names. A two-step filter identified 10 outperformers showing both heavy institutional buying and strong [...]

European shares slide on Fed rate cut worries, tech valuations

European shares fell to a one-week low on Monday, tracking a broad risk-off mood across global markets, sparked by worries about an overvalued tech sector and diminishing prospects of an [...]

Tenneco Clean Air Listing Tomorrow: GMP hints at solid market debut for the Rs 3,600-crore IPO

Tenneco Clean Air's Rs 3,600 crore IPO will list on November 19. Grey market trends suggest a 29% premium, with shares potentially opening at Rs 512. The IPO saw overwhelming [...]

PhysicsWallah shares soar 13% in debut trade after solid listing pop. Should you buy, sell or hold?

PhysicsWallah shares jumped up to 13% in their market debut after listing at a strong premium over the IPO price, sparking immediate interest among investors. While the edtech firm posted [...]

Japan's Nikkei falls 3% on tech selloff

Japan's Nikkei share average experienced its largest decline in over seven months, falling 3% on Tuesday. This sell-off was driven by investors shedding tech stocks, mirroring a sharp overnight drop [...]

Kaynes Tech tumbles 6% as 11.6 million shares become eligible to trade

Shares of Kaynes Technology India Ltd. fell sharply on Tuesday as 11.6 million shares exited the lock-in period, making them eligible for trading. However, this does not necessarily mean these [...]

Jefferies starts WeWork coverage with buy call, says 5 tailwinds could push shares 30% higher

WeWork India shares saw a significant jump after Jefferies initiated coverage with a buy rating. The brokerage believes the company is entering a multi-year growth phase. This growth is expected [...]

Groww shares nearly double from issue price in just 5 sessions! Should investors still buy the stock?

Groww Share Price: Billionbrains Garage Ventures, parent of Groww, extended its post-listing rally, hitting a record Rs 194 after strong IPO demand and rapid platform growth. Analysts cite user scale, [...]

Sensex target for 2026 at 107,000? Morgan Stanley makes big prediction

Morgan Stanley expects the Indian market to regain momentum by 2026 and has set a bull-case Sensex target of 1,07,000 by December 2026. With a 30% probability, this optimistic scenario [...]

Markets bet on slower hikes as Takaichi pushes for caution

Bank of Japan Governor Kazuo Ueda will meet Prime Minister Sanae Takaichi amid a nine-month low in the yen. The discussion will focus on interest rate policy, with Ueda hinting [...]

Emmvee Photovoltaic shares list flat at IPO price of Rs 217 on BSE, NSE

Emmvee Photovoltaic Power made its market debut on Tuesday, priced at Rs 217 per share. The initial public offering attracted moderate interest, reflecting a cautious appetite among investors. As a [...]

PhysicsWallah Share Price Listing Live: Edtech firm PhysicsWallah shares list at 33% premium over IPO price; shares up 5% post listing
PhysicsWallah shares make a strong D-St debut, list at 33% premium over IPO price

PhysicsWallah share price: PhysicsWallah shares debuted with a significant premium on Tuesday, listing at 33% on the NSE and 31% on the BSE. The Rs 3,481 crore IPO saw strong [...]

Peter Thiel’s Nvidia exit sparks fresh AI bubble fears

Peter Thiel’s hedge fund, Thiel Macro, has fully exited its Nvidia stake, selling about 537,742 shares worth nearly $100 million. The move, following SoftBank’s exit, has intensified concerns over an [...]