Economic & Finance News

Govt exceeds disinvestment target, boosts revenue with strong dividend collections

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 deputy governor warns governance lapses behind financial failures

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 [...]

View: For India, much more at stake than just oil this time

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 [...]

Nirmala Sitharaman meets AIIB President Zou Jiayi, calls for expanded investment in low-income countries

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. [...]

RBI says 98.44% of withdrawn Rs 2,000 banknotes returned

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 GST collections rise 8.1% YoY to Rs 1.83 lakh crore in February

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 [...]

Q3 FDI inflows up 16.6% on-year, US second top source in April-December

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. [...]

RBI's additional liquidity support to wind down after March, bankers say

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 amends tax treaty with France, drops most favoured nation clause

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 [...]

India's economy shows resilience in January: RBI bulletin highlights strong growth and favorable outlook

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 tables Rs 4.08 lakh cr Budget, 10.2% higher compared to last year

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 [...]

States urged to expedite capex proposals, use up funds before March 31

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 [...]

Cash craze: Currency in circulation touches record Rs 40 lakh crore

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 Malhotra urges MSMEs to formalize, digitize, and maintain credit discipline for resilience

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 [...]

For $10 trillion GDP by 2035, India needs to draw on patient capital: Spark Capital CEO Rama Rao at ET Now GBS

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

TCS sees $100-billion market value erosion since 2021. What lies ahead?

Nearly $100 billion has been wiped off TCS’ market value from its 2021 peak amid fears of AI-led disruption that have dragged down the broader IT pack. However, brokerage Nuvama [...]

Capital market stocks shine in FY26; MCX India tops chart with 143% rally

India’s capital markets stocks delivered strong gains in FY26, with the Nifty Capital Markets Index rising 35%, making it the second-best performing sector after PSU banks. Multi Commodity Exchange of [...]

Rs 8.7 lakh crore Jal Jeevan Mission extended till 2028. These 25 stocks likely to be biggest beneficiaries

The Union Cabinet's approval to extend the Jal Jeevan Mission until 2028, with a boosted outlay of Rs 8.69 lakh crore, is set to benefit around 25 stocks. This significant [...]

Sebi to further ease accreditation process for AIF investors: Tuhin Kanta Pandey

Securities and Exchange Board of India (Sebi) will further simplify accreditation norms for AIF investors, Chairman Tuhin Kanta Pandey said at the IVCA Conclave 2026. India now has over 1,700 [...]

Adani Energy raises $500 million bilateral debt from Apollo

A unit of Adani Group raised about $500 million through a bond privately placed with funds managed by Apollo Global Management Inc., according to people familiar with the matter, highlighting [...]

Sedemac Mechatronics shares jump 19% over IPO price on debut. Buy, sell or hold?

Sedemac Mechatronics shares surged over 19% on their market debut, exceeding grey market expectations despite muted subscription from retail and NII investors. Analysts remain cautiously positive, advising short-term traders to [...]

Jio Financial Services shares can rally 36%, says Motilal Oswal after initiating coverage with Buy. Here are 4 pillars of growth

Jio Financial Services shares surged after Motilal Oswal initiated coverage with a 'Buy' rating and a Rs 320 target price, citing a 36% upside potential. The brokerage highlighted the company's [...]

Rupee tailwind vs AI scare: Are India's beaten-down IT stocks attractive enough to buy amid US-Iran war?

Indian IT stocks are facing a dual challenge. Fears of artificial intelligence disrupting traditional outsourcing models are weighing on the sector. However, geopolitical tensions and a weaker rupee are providing [...]

This Ambani-owned stock's market cap slips below cash balance. Is it a deep value pick?

JustDial's market capitalization has fallen below its cash reserves, prompting questions about its valuation. Despite a significant drop in share price, the company's strategy for deploying its substantial cash holding [...]

Cupid shares plunge 6% after 15% rally over two days: What lies ahead?

Cupid shares experienced a dip on Wednesday after a two-day rally that drove the stock 15% higher after the company's 4:1 bonus issue. In January this year, Cupid announced its [...]

Reports of my death are greatly exaggerated! Why Nuvama is screaming buy on all top 10 IT stocks

Nuvama says fears that Gen-AI will cripple India’s IT services model are overblown, invoking Mark Twain’s line that “reports of my death are greatly exaggerated.” After a sharp AI-driven selloff [...]

Don't miss this train: BofA upgrades Sona Comstar on 3 growth engines

Sona Comstar shares surged over 4% after BofA Securities upgraded the stock to 'buy' with a Rs 640 target price. The brokerage anticipates strong growth driven by its traction motors, [...]

Happiest Minds Tech shares zoom 35% in just 3 days! What’s behind the stellar surge?

Happiest Minds Technologies rose sharply on Wednesday, extending gains to over 35% in three days, driven by a sharp upgrade in its FY27 growth outlook to 12.5% and strong traction [...]

Adani Total Gas shares hit 20% upper circuit amid supply worries in India. Here’s why

Adani Total Gas jumped 20% to the upper circuit as the government prioritised PNG and CNG supply amid India’s worsening gas crunch. Despite escalating US–Iran tensions and emerging fuel shortages [...]

Jefferies raises Coal India target price, says valuation reasonable

Jefferies has raised Coal India target to Rs 485, citing reasonable valuation and improving earnings. The brokerage forecasts 9% CAGR in FY26–28, supported by higher e-auction premiums, rising dispatch volumes, [...]