Economic & Finance News

Spending capacity of ministries in focus as fund offtake falters

Indian govt spending: To be sure, most of these savings have been redeployed in other programmes, and the central government's overall expenditure for the current fiscal is just ₹1 lakh [...]

Projects worth ₹31,000 crore to be funded mainly via green bonds in FY27

India green bonds: The Centre will decide the precise amount of the sovereign green bond float in financial year 2027 in March when it finalises its borrowing plan for the [...]

Govt borrowing of Rs 17.2 lakh cr to be completed in non-disruptive manner: DEA Secy

Govt borrowing: The government had estimated a gross borrowing Budget of Rs 14.61 lakh crore in FY26 against the budget estimate of Rs 14.82 lakh crore. [...]

India must boost capital markets so Indians grow with economy: Larry Fink, chief executive, BlackRock

BlackRock CEO Larry Fink urges India to prioritize domestic capital markets over foreign inflows for sustained economic participation. He highlights India's advanced financial infrastructure, from digital payments to asset tokenization, [...]

India to ensure its record borrowing plan doesn't disturb markets, economic affairs secretary says

India will borrow a record amount in the upcoming fiscal year. The government plans to use bond switches and other tools to manage the market. This approach aims to keep [...]

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RBI says 98.42 pc of withdrawn Rs 2,000 banknotes returned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

Market News

Hero MotoCorp standalone profit rises 12% to Rs 1,349 crore

Hero MotoCorp reported a 12% rise in net profit to Rs 1,349 crore for Q3 FY26, with revenues climbing 21% to Rs 12,328 crore. The company saw a 16% increase [...]

Sebi bans 15 individuals from securities markets for 3 years; slaps Rs 3.6 cr penalty

Sebi has banned 15 individuals for three years and fined them Rs 3.6 crore for manipulating Unison Metals shares via Telegram. Ten others must disgorge over Rs 3.87 crore in [...]

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

Indian equities ended lower as Nifty and Sensex snapped gains amid broad selling led by financials, autos and IT. Analysts see consolidation, with key supports intact, resistance capping rebounds, and [...]

Kennametal India revenue climbs on hard metal demand

Kennametal India saw revenue climb 16 percent to Rs 334 crore in the December quarter of FY26. Net income rose 9 percent to Rs 24 crore. Strong demand for hard [...]

Hero MotoCorp Q3 Results: Cons PAT jumps 14% YoY to Rs 1,268 crore, revenue up 22%; Rs 110 per share dividend announced

Two-wheeler major Hero MotoCorp reported a 14% jump in its December quarter consolidated net profit at Rs 1,268 crore compared to Rs 1,108 crore reported in the year ago period. [...]

Indian Options Conclave 7.0 to be launched on February 13 in Surat

Jainam Broking will host Indian Options Conclave 7.0 in Surat on February 13–14, 2026, uniting traders, investors and fintech leaders for education, live trading, networking and insights, backed by major [...]

Stockbrokers' body urges FM Sitharaman to revoke securities transaction tax hike proposal

A body of stockbrokers on Thursday urged Finance Minister Nirmal Sitharaman to revoke the budget proposal to hike the securities transaction tax. [...]

Google pulls ahead of OpenAI with stellar AI growth, shares fall 3%

Alphabet is taking on OpenAI with a gusto that underscores Wall Street's perception that ⁠the Google parent is the leader in AI, a turn of events from a year ago [...]

Market Trading Guide: Buy Prime Focus and Marico on Friday for up to 9% short term gains. Here’s why

Nifty snapped its two-day winning streak amid broad-based selling, closing below the 50 DMA again. Analysts see short-term pressure but range-bound trade, with key supports intact and selective stocks offering [...]

Higher tax on F&O trade is 'throwing sand in wheels'; to curb extreme trading: Niti Aayog member Arvind Virmani

Hiking the tax on futures and options trade is like "throwing sand in the wheels" to ensure that trading does not happen in extremes, Niti Aayog member Arvind Virmani has [...]

Sebi ends calendar spread margin benefit in single-stock derivatives

Sebi has changed margin rules for single stock derivatives. Traders will no longer get lower margins on expiry day for contracts that are expiring. This aims to prevent sudden margin [...]

ECB keeps rates unchanged even as choppy markets threaten its 'good place'

The European Central Bank left interest rates unchanged as expected on Thursday and offered no clues about its ⁠next move, reinforcing market bets that policy will remain steady for some [...]

Tata Steel Q3 Preview: PAT may soar 5x YoY as volumes lift earnings

Brokerages expect Tata Steel to post Q3 results, with volumes offsetting weak steel prices and higher costs. Revenue may rise 8% year on year, while profit is seen jumping sharply [...]

IndiGo shares trim most of early losses, end nearly 1% lower

Shares of InterGlobe Aviation ended nearly 1 per cent lower on Thursday after the Competition Commission ordered a detailed probe against IndiGo for unfair business practices. [...]

RVNL Q3 Results: Profit rises 4% YoY to Rs 324 crore; co declares Rs 1 dividend

RVNL posted modest Q3FY26 profit growth despite weak margins, as expenses rose faster than revenue. Net profit increased 4% year-on-year to Rs 324 crore, while revenue grew 3%. Higher project [...]