Economic & Finance News
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 [...]
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 [...]
Market News
Shares of XTGlobal Infotech hit the 20% upper circuit at Rs 33.18 on the BSE after the company secured an AI Enablement for Engineering Services contract from a US-based state [...]
Indian solar energy stocks saw gains on Thursday. Brokerages reassured investors, downplaying the impact of new US import duties. Companies like Waaree Energies and Premier Energies are expected to remain [...]
Shares of Tejas Networks rose sharply after the company sealed a major agreement with NEC Corporation to manufacture and supply 5G massive MIMO radios. MIMO (Multiple-Input Multiple-Output) is a wireless [...]
Nykaa's parent company, FSN E-Commerce Ventures, has seen its shares surge by 64% over the past year. This rally follows strong operational performance and robust profit growth. Despite the impressive [...]
Angel One shares appeared to crash 90% on Thursday, but the sharp fall was due to a 1:10 stock split adjustment on the record date. The stock opened at Rs [...]
Sanofi Consumer Healthcare shares surged over 14% following a robust 50% year-on-year net profit increase to Rs 66.5 crore in Q4. Driven by product relaunches and strong export growth, the [...]
Indian IT stocks have seen a sharp downturn in February, with the Nifty IT index dropping 21%. This decline was triggered by new AI launches and capabilities from startup Anthropic, [...]
Indian IT stocks experienced a significant downturn due to AI concerns, with the Nifty IT index falling 21% in February. However, 25 select stocks defied the slump, showing positive returns [...]
Indian stock markets are on the rise for a second day. The Sensex opened higher by over 140 points. The Nifty is trading above 25,500. Technology stocks are leading the [...]
IRFC's Offer for Sale (OFS) opened flat at Rs 104, with the government divesting a 2% stake. The issue saw 95% subscription from non-retail investors on the first day. Experts [...]
Bharti Airtel is injecting Rs 20,000 crore into its new NBFC, Airtel Money Limited. This move positions the company as a direct lender, competing with established players. Airtel aims to [...]
Indian IT stocks are poised for focus following Nvidia's robust quarterly earnings, which spurred a Wall Street rally. This positive sentiment emerges amidst recent volatility in the IT sector, triggered [...]
IRFC shares are in focus after the government chose not to exercise the greenshoe option in its OFS amid undersubscription from institutional investors. While retail bidding opens today, the PSU [...]
Nvidia posted a strong fourth quarter, with data centre revenue surging 75% and guidance beating Street estimates, easing concerns of an AI spending slowdown. However, China-related restrictions remain a key [...]
