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
Restaurant and delivery platform stocks saw a dip on Thursday. A shortage of commercial LPG cylinders is disrupting operations. This is impacting kitchen functions in some areas. Large quick service [...]
Mumbai's commercial insurance market is experiencing a significant premium drop as insurers slash rates to secure large corporate clients. Property and industrial cover prices have plummeted, with natural catastrophe covers [...]
Nifty closed 227 points lower on Thursday amidst volatility, with analysts indicating a weak underlying trend. The market anticipates a potential lower bottom formation around 23500-23400, while a move above [...]
Indian markets continued their downward trend on Thursday. Several companies saw significant news. BofA Securities invested in Kaynes Technologies. GAIL assured uninterrupted gas supply to Bengaluru. South Indian Bank launched [...]
The Reserve Bank of India wants details on overseas rupee derivative trades. Foreign banks operating in India are resisting this move. They cite difficulties in accessing offshore deal information and [...]
Sebi is proposing easier ways for legal heirs to claim securities. The regulator wants to simplify paperwork and procedures when an investor passes away. Higher limits for simplified documentation are [...]
Indian stock markets plunged to an 11-month low on Thursday, with the Nifty and Sensex dropping around 1% each. Surging crude oil prices, driven by US-Iran conflict fears, spooked investors, [...]
Bandhan Financial Services is looking at ways for its investors to exit. The company has hired an investment banker to explore options. This move aligns with regulatory requirements for Bandhan [...]
New banking rules starting April 1 will empower lenders to boost credit by an estimated 7 percent. Banks can now use their existing liquidity for loans, increasing lending capacity. This [...]
Canada’s 2nd largest pension fund, also the largest institutional investor in infrastructure globally, looks to deploy about $3 bn in next 4-5 yrs. [...]
Indian indices declined for the second day as Iran-Israel tensions and rising crude prices spooked investors; auto, consumer, and financial stocks led losses amid high market volatility and bearish sentiment. [...]
BofA Securities acquired 1.16 lakh Kaynes Technologies shares via a block deal, while the stock continues a multi-month downtrend despite rising revenue and quarterly profit growth [...]
Nifty fell for the second consecutive day amid Iran-Israel/US tensions, dragging auto, consumer, and financial stocks. Commodity stocks saw selective buying. Analysts suggest bearish sentiment dominates, with support at 23,400–23,200. [...]
Securities and Exchange Board of India has proposed simplifying transmission of securities to heirs by raising documentation thresholds, introducing straight-through processing for small claims and standardising procedures, aiming to reduce [...]
Hazel Infra, the promoter entity of shipbuilder Swan Defence and Heavy Industries, is looking to part sell their holding in the company through the offer for sale (OFS) route next [...]