Economic & Finance News
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 [...]
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 [...]
Market News
Indian benchmarks tumbled Tuesday as IT, auto and banking stocks dragged indices lower. Select stocks saw sharp moves amid AI-driven disruption fears and sector-specific triggers. [...]
Tata Investment Corporation shares fell Tuesday. Tata Sons Executive Chairman N Chandrasekaran reportedly asked to postpone reappointment talks. This followed disagreements at a board meeting. Tata Trusts Chairman Noel Tata [...]
Institutional investors trimmed stakes across nine NSE midcap stocks in the December 2025 quarter, reflecting portfolio rebalancing and selective profit booking. Companies such as Kaynes Technology, ITC Hotels and Dixon [...]
Indian IT shares experienced a sharp decline on Tuesday, extending a significant selloff driven by concerns over AI-led disruption. Analysts are divided on whether to buy the dip or await [...]
Shares of Natco Pharma and Eris Lifesciences climbed on Tuesday after announcing a partnership to commercialise Semaglutide in India. Natco rose over 6% to its highest level since January 8, [...]
Eternal shares fell 6% amid heavy selling pressure, emerging as one of the top drags on the Sensex. Despite strong Q3 earnings and robust Blinkit growth, the stock has underperformed [...]
HSBC argues that AI will not replace enterprise software but become embedded within it, acting as a supporting layer. The brokerage sees legacy software vendors as key beneficiaries of AI [...]
IDFC First Bank shares saw a brief surge then settled flat. This followed Haryana Chief Minister Nayab Singh Saini's statement on recovering the full Rs 590 crore from a fraud [...]
IT Stocks Selloff News: The Nifty IT index has crashed over 21% in February—its worst monthly drop since 2008—as fears of AI-driven disruption roil tech stocks. Heavyweights like Infosys, HCLTech [...]
Real estate stocks tumbled on Tuesday as sharp IT selloff renewed worries about commercial property demand and urban housing appetite. The Nifty Realty index dropped 3%, with Prestige Estates, Lodha, [...]
Indian IT stocks experienced a sharp decline on Tuesday. This selloff is driven by concerns over artificial intelligence disrupting the sector. Analysts are divided on whether to invest now or [...]
IBM Share Price and Anthropic AI Impact: IT stocks slumped on February 24, falling up to 8%, after IBM plunged 13% on Wall Street—its worst drop in 25 years—amid concerns [...]
Shree Ram Twistex IPO was subscribed 30% on Day 2, with the retail portion oversubscribed more than two times while QIBs remained absent. The grey market premium rose to 9%, [...]
Cybersecurity stocks in India and the US fell sharply after Anthropic launched Claude Code Security, raising concerns about AI-driven disruption in legacy systems and vulnerability management. Indian counters dropped up [...]
Shares of four companies backed by ace investor Vijay Kedia tumbled up to 20% on Tuesday after investors reacted to AI startup Anthropic’s new security tool, Claude Code Security, which [...]