Economic & Finance News
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. [...]
Afghanistan's commerce minister has invited Indian investors to explore opportunities in mining, agriculture, health, and IT. Preferential tariffs and tax exemptions are being offered. Air cargo services between Kabul and [...]
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 [...]
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 [...]
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 [...]
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 [...]
Market News
Sebi's senior management is opposing a proposed rule mandating public disclosure of their assets and liabilities, citing privacy concerns and potential speculation. A panel recommended these disclosures for officials at [...]
Indian equity indices touched fresh lifetime highs before closing marginally lower on Monday. The market faced headwinds from a weakening rupee and uncertainty surrounding the US-India trade deal. Persistent foreign [...]
Michael Burry, the investor famous for "The Big Short," has labeled Tesla "ridiculously overvalued," citing significant shareholder dilution and Elon Musk's potentially trillion-dollar pay package. He noted Tesla's stock trades [...]
Markets regulator Sebi is looking to rationalise and simplify the offer document summary to encourage informed investor feedback and reduce reliance on unverified tips, its chairman Tuhin Kanta Pandey said [...]
Nvidia has invested $2 billion in chip design software maker Synopsys, securing a significant stake and expanding a multi-year partnership. This collaboration aims to jointly develop new tools for AI-driven [...]
Markets hit fresh record highs before slipping into mild losses as pharma and financial weakness offset support from autos and IT. Analysts flagged consolidation, cautious sentiment and key support levels [...]
Nifty reversed from its lifetime high and closed lower despite strong GDP data, signalling extended consolidation. Analysts expect sideways movement with mild bearishness and highlight KPIT, Bank of Baroda, Paytm [...]
Wall Street's main indexes opened lower on Monday as investors stood on the sidelines ahead of fresh economic data and a closely watched speech from Federal Reserve Chair Jerome Powell [...]
Sebi has approved IPO proposals of ICICI Prudential AMC, Powerica, Annu Projects and Technocraft Ventures, allowing them to proceed after DRHP review. The issues include OFS, fresh equity, and large [...]
The government will divest up to 6% of its stake in Bank of Maharashtra through an Offer for Sale, aiming to raise approximately Rs 2,600 crore. This move will help [...]
Nine BSE 100 stocks climbed to their 52-week highs, touching their best levels in a year. Such breakouts are seen as bullish signals, indicating strong momentum. [...]
Bajaj Finance may offload a 2% stake in Bajaj Housing Finance via a block deal at a 9% discount. The stock remains oversold despite solid Q2 profit, revenue and NII [...]
India’s strong 8.2% Q2 GDP briefly lifted markets to new highs before pharma and financial weakness dragged indices lower. Lenskart, Hyundai, Wockhardt, Hindustan Zinc, Max Healthcare and Whirlpool saw major [...]
Tata Motors’ commercial vehicle business surged on strong November sales, posting 29% YoY growth driven by broad-based domestic and export demand. Robust Q2 performance and expectations of continued momentum in [...]
Despite a 27% decline in 2025, Anand Rathi sees Premier Energis as a strong buy, projecting 37% upside. Growth is driven by high-efficiency solar lines, plant consolidation, technology upgrades, and [...]