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RBI says 98.44% of withdrawn Rs 2,000 banknotes returned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

NSE tells brokers to disclose and remit excess STT retained for FY24 and earlier years

The National Stock Exchange has instructed its members to report and pay any extra Securities Transaction Tax collected. This applies to tax collected for the financial year 2023-24 and previous [...]

Currency, tax risks tempering private equity optimism in India, investors say

Currency depreciation and high ​taxes remain key constraints on ​private equity (PE) returns from India, investors say, even as the ​country's strong growth outlook and improving exit environment cement its [...]

MFs pull back: Stakes cut in 11 smallcap stocks in Q3 after two quarters of buying

Mutual funds have sold shares in 67 BSE small-cap companies. This move follows two quarters of buying. Many of these stocks have seen their prices drop significantly this fiscal year. [...]

Explained: Why gas prices are rising in India amid Iran war

Gas prices are rising in India as disruptions in the Strait of Hormuz and halted LNG production in Qatar squeeze global supplies. With India heavily dependent on imported LPG and [...]

Surging hedging costs show rising angst for India’s stock market

Hedging costs in India have surged to their highest levels since 2024, with the India VIX jumping far above realised volatility as traders brace for further turmoil. The Nifty 50 [...]

Happiest Minds shares rocket 12% as firm raises guidance to 12.5% on AI First launch success

Happiest Minds Technologies' shares surged over 12.5% after the company revised its FY27 growth expectation to 12.5%, up from 10%. This upward revision is attributed to the rapid adoption of [...]

India gains favour with global investors on returns, ESG momentum

India ​is maturing as a market ​in which foreign investors who take into account environmental, ​social and governance (ESG) factors are confident in dedicating more of their portfolio to, according [...]

Gas crisis hits India amid Middle East war: These 30 stocks likely to see biggest impact

Indian cities are experiencing gas supply shortages due to the ongoing Middle East conflict, leading to price surges for domestic and commercial LPG. Several sectors, including fertilizers, restaurants, and tile [...]

Everyone selling IT stocks after record crash, but this Rs 1.3 lakh crore mutual fund doing the exact opposite

While foreign investors fled India's IT sector, dumping Rs 17,000 crore in February, the PPFAS Flexicap Fund made a bold contrarian move. The fund aggressively bought shares in HCL Technologies, [...]

RCF, FACT and other fertiliser stocks rocket up to 17%. What’s triggering the surge?

Fertiliser stocks surged after the government issued the Natural Gas Regulation Order, 2026, prioritising gas supply to key sectors amid West Asia disruptions. Fertiliser plants will receive 70% of the [...]

Defence stocks can rally up to 38%, says Motilal Oswal. Here are 4 reasons why

Defence stocks are poised for significant gains, potentially up to 38%, as global conflicts spur increased military spending. Motilal Oswal highlights Hindustan Aeronautics and Bharat Dynamics as top picks, citing [...]

India VIX eases 15% after doubling in one month. Can Trump’s Iran war remarks trigger a Nifty bounce back?

The India VIX eased on Tuesday after having doubled over the past month. US President Donald Trump’s remarks hinting at a possible end to the Iran conflict helped ease concerns [...]

Cupid shares jump 19% in two days after bonus issue. What's ahead?

Condom-maker Cupid's shares surged 5% on Tuesday, extending this week's gains to 19% following its 4:1 bonus issue. The bonus shares are expected to be allotted today, making the stock [...]

ABB India shares rise 3% on $75 million investment to scale India operations

Shares of ABB India rose sharply after the firm announced a $75 million investment to expand manufacturing and R&D. The capex will boost capacity across key facilities and add advanced [...]

Asia markets rebound, oil prices plunged as Trump says Iran war could be 'over soon'