Economic & Finance News

Centre, RBI weigh linking UPI with Singapore’s Alipay+ for cross-border payments

India is considering a proposal to link its Unified Payments Interface (UPI) with Singapore's Alipay+ to facilitate cross-border digital payments. This potential integration would allow seamless transactions for Indian travelers [...]

DIPAM secretary: Rs 80,000 crore target high but achievable

The government aims to raise ₹80,000 crore through disinvestment and asset monetisation in FY27. DIPAM secretary Arunish Chawla expressed confidence in meeting this ambitious target. Plans are underway to unlock [...]

RBI says 98.42 pc of withdrawn Rs 2,000 banknotes returned

The Reserve Bank of India reports that 98.42 percent of Rs 2,000 banknotes have been returned. This withdrawal began on May 19, 2023. The total value of these notes in [...]

Budget 2026: Customs reforms to spur competitiveness, exports, says CBIC Chairman

The board will also expand the duty deferrals for Authorized Economic Operator (AEO) programme and now a new category of manufacturers and exporters will enjoy the same facilitation privileges as [...]

Govt to introduce Insolvency and Bankruptcy Code amendment Bill in 2nd half of Budget session starting March 9: Sitharaman

The Central government plans to introduce the Insolvency and Bankruptcy Code amendment Bill soon. This move aims to improve the insolvency resolution process. The government has already resolved over 1,000 [...]

End of revenue deficit grants not to impact states' finances: Official on FinComm suggestion

The Union government faces a careful balancing act. Significant funds will flow to states following the 16th Finance Commission's proposals. This includes a 41 percent share of central taxes and [...]

16th Finance Commission keeps states’ tax share at 41%

The Sixteenth Finance Commission proposes ending revenue deficit grants for states, keeping their tax share at 41%. It introduces states' GDP contribution to tax devolution and demands stricter fiscal discipline. [...]

Rs 80,000 crore disinvestment & asset lease target for FY27

With an eye on fiscal strength, the government is targeting a significant Rs 80,000 crore through disinvestment and asset monetisation by the end of FY27. Major transactions like the sale [...]

Centre expects Rs 3.16 lakh cr dividend from RBI, banks in FY27

The Centre anticipates Rs 3.16 lakh crore in dividends and surpluses from the RBI, nationalised banks, and financial institutions for 2026-27, a 3.75% increase. This, along with Rs 75,000 crore [...]

Union Budget 2026: Sitharaman ‘fully committed’ to privatisation drive, says all approved disinvestments to go through

India Budget 2026: The government aims to raise ₹47,000 crore from disinvestment and asset monetisation in FY26, shifting focus from targets to improving company valuations and funding infrastructure. Privatisation remains [...]

Budget 2026: Over Rs 95,000 crore allocated for VB-G RAM G, MGNREGA gets Rs 30,000 crore

The Centre has allocated Rs 95,692.31 crore for the new VB-G RAM G scheme, set to replace MGNREGA and promise 125 days of work annually. The overall Budget for the [...]

Rs 1,102 crore allocated in Budget for ministers' salaries, entertainment of state guests, ex-governors

The Union Budget 2026-27 earmarks Rs 1,102 crore for key government offices. This includes substantial funds for the Council of Ministers, the Prime Minister's Office, and the Cabinet Secretariat. Hospitality [...]

Union Budget 2026: Centre aims at retaining states’ tax share at 41% for 2026–31

Union Budget 2026" The Budget proposes to maintain states' share of central taxes at 41 percent for the next five years. This aligns with Finance Commission recommendations. The Centre will [...]

Budget 2026: India to borrow ₹17.2 lakh crore in 2026-27

Union Budget of India 2026: The Indian government is poised to embark on a significant borrowing spree in the 2026-27 fiscal year, as highlighted by Finance Minister Nirmala Sitharaman's recent [...]

India Budget 2026: Every rupee earned and every rupee spent by Modi govt

Budget 2026 Rupee Source and Spending: Finance Minister Nirmala Sitharaman will outline revenue sources and expenditure plans amidst global geopolitical tensions. The budget aims to maximize every rupee earned and [...]

Market News

Ahead of Market: 10 things that will decide stock market action on Wednesday

Nifty saw profit-taking after a gap-up opening but held above key Fibonacci and moving average supports. Analysts flagged a shift to buy-on-dips, cooling volatility and improving momentum, even as global [...]

Market Trading Guide: Buy Prime Focus, MRPL and 2 more stocks on Wednesday for up to 16% potential upside

Nifty surged on the India-US trade deal but formed a large red candle amid profit-taking. Still, holding key Fibonacci support shifted sentiment to buy-on-dips, with analysts flagging support near 25,500 [...]

Nazara Tech Q3 Results: Profit tanks 35% to Rs 8.84 crore

Diversified gaming platform Nazara Technologies on Tuesday posted a 35.3 per cent drop in consolidated profit for the December quarter at Rs 8.84 crore, as revenue from operations also fell. [...]

US trade deal: At Rs 5,236 crore, FIIs buying in Indian stocks is the highest in over three months

Foreign investors returned strongly to Indian equities after the India-US trade deal eased tariff fears. FIIs logged their biggest single-day buying since October, lifting stocks, strengthening the rupee and improving [...]

AB Capital Q3 Results: Cons PAT jumps 33% YoY to Rs 945 crore, revenue up 27%

Aditya Birla Capital posted a strong Q3FY26 with profit rising 33% and revenue up 27%, led by robust lending, insurance and asset management growth, improving asset quality and higher disbursements [...]

AWL Agri Business Q3 Results: Profit down 35% to Rs 269 crore

AWL Agri Business Ltd, formerly known as Adani Wilmar, on Tuesday posted 35 per cent drop in consolidated net profit at Rs 269 crore for December quarter 2025-26 on higher [...]

Indus Towers bets on 5G growth and overseas expansion for revenue

Indus Towers expects revenue growth from 5G expansion, rising data usage and overseas forays in Africa and the UAE. Management said customer payment issues have stabilised, tenancy additions are improving, [...]

Gainers & Losers: RIL, HDFC Bank and Eternal among 7 top movers on Tuesday

Indian markets surged after the India-US trade deal boosted investor sentiment across sectors. Reliance, HDFC Bank, Adani stocks and chemicals led gains, while select stocks like PB Fintech and Bharat [...]

Trump’s trade tweet hands India tariff relief, but at a strategic cost

The India-US trade truce calms markets with tariff relief, but Trump’s terms suggest steep concessions for India on energy, imports and geopolitics. Unclear safeguards, leverage-linked tariffs and silence on services [...]

Bajaj Finance Q3 Results: Profit falls 6% YoY to Rs 4,066 crore on labour code impact, NII jumps 21%

Bajaj Finance Q3 Results: Bajaj Finance on Tuesday reported a 6% year-on-year (YoY) decline in its consolidated net profit for the third quarter at Rs 4,066 crore. The drop in [...]

Bharat Coking Coal Q3 Results: Revenue drops 25% YoY; Coal India arm slips into losses to Rs 23 crore

Bharat Coking Coal posted a Q3FY26 net loss as revenue fell sharply year-on-year. Sequential improvement, lower expenses and post-IPO interest offered some relief, though shares slipped on weak earnings despite [...]

Lupin, SBI among 6 stocks that hit 52-week high; rally up to 7% in a month

A sharp rally in Indian equities pushed the Sensex up nearly 2,072 points, lifting market sentiment. The broader momentum drove six BSE 100 stocks to fresh 52-week highs, signalling strong [...]

13 midcap stocks deliver record quarterly profits over 10 quarters

Thirteen NSE midcap companies reported record quarterly net profits over the past ten quarters, reflecting strong earnings momentum, operational improvements and favourable market conditions. The trend highlights improving fundamentals, supports [...]

Chemical stocks surge up to 19% on US-India trade deal. Why brokerages see Aarti, UPL, 2 more stocks as top beneficiaries

Chemical stocks surged as the US-India trade deal lowered export tariffs to 18%, boosting margins, volumes and competitiveness. Brokerages cite operating leverage, China-plus-one benefits and rupee strength as key drivers [...]

Market Highlights: Sensex settles 2,073 pts higher on trade deal euphoria, Nifty above 25,700; Adani Ports rises 9%, Bajaj Fin 7%