Economic & Finance News

India's household debt seen above 5-yr average, but lower than China's

The RBI said that household borrowing patterns have changed with non-housing retail loans, largely taken for consumption, accounting for 55.3% of total household borrowing from financial institutions as of September [...]

RBI flags swelling slippages in unsecured retail lending, particularly among private banks

Private banks contributed 76 percentage of slippages in unsecured retail loans, against 16 percent for PSBs [...]

Creditors realised Rs 4 lakh crore under IBC till September: RBI report

Creditors have recovered Rs 4 lakh crore through the Insolvency and Bankruptcy Code by September 30, 2025. Over 78 percent of corporate insolvency resolution processes have concluded. The code has [...]

PM Modi meets economists, sector experts ahead of Union Budget 2026-27, calls for mission-mode reforms across sectors

India Budget: Prime Minister Narendra Modi is consulting with leading economists and industry experts. The discussions focus on shaping the upcoming Union Budget for 2026-27. Finance Minister Nirmala Sitharaman and [...]

Union Budget 2026: Centre’s dividend kitty may beat budget estimates in FY26

India Budget: Government dividend collections from public sector enterprises are poised to exceed targets for a fifth consecutive year, potentially reaching a new high in 2025-26. Despite strong performance and [...]

Season’s Greeting? Taxman turns New Year party pooper

Taxpayers are receiving unexpected emails from the Income Tax Department. These messages halt tax refunds due to discrepancies in claimed deductions and donations. The department cites issues like incorrect charity [...]

UPI spikes in India, but some states are still in the slow lane

While UPI transaction volumes appear massive nationwide, per-capita data reveals a significant digital divide. Southern and western states show much deeper UPI adoption and usage compared to eastern and northeastern [...]

India revamps tax regime in 2025, new I-T Act to take effect from April 1

India revamped its tax system in 2025, slashing Goods and Services Tax rates and increasing income tax exemptions. The focus now shifts to simplifying customs duties and procedures. These reforms [...]

Budget 2026: Industry seeks faster tax dispute resolution

Businesses are pushing the government to fix tax uncertainties and speed up dispute resolution. Unclear rules and treaty issues could lead to more tax cases. Industry leaders want the budget [...]

RBI to infuse Rs 2.90 lakh crore liquidity via bond buys, USD swap

The Reserve Bank of India is injecting Rs 2.90 lakh crore into the banking system. This will be done through bond purchases and a dollar-rupee swap. These measures aim to [...]

Gross FDI slips to $6.5billion, net flows negative

Foreign direct investment into India saw a slight dip in October. Net FDI continued to show outflows, though less than the previous month. Singapore, Mauritius, and the United States were [...]

Gross FDI slips to $6.5 billion, net flows negative

Foreign direct investment into India saw a slight dip in October. Net FDI continued to show outflows, though less than the previous month. Singapore, Mauritius, and the United States were [...]

Firms turning to AI tools to keep pace with taxman

Leading tax firms are launching tailor-made generative AI solutions for tax and regulatory functions, catering not just to large corporations but also to mid-sized and smaller enterprises which are fast, [...]

India borrowing costs to spike as market stares at $90 bn supply in Q4

India’s central and state governments are set for heavy borrowing in Q1, with total debt issuance estimated at ₹8.1 trillion ($90.3B)—₹3.1 trillion from the Centre and ₹5 trillion from states. [...]

Nudged by taxman, MNCs tell staff to reveal undisclosed foreign assets

The Income Tax department is sending urgent reminders to multinational companies. Employees with undisclosed foreign assets and earnings are being asked to report them. The deadline for this disclosure is [...]

Market News

Emkay projects 44% downside for Vodafone Idea shares despite Rs 87,695 crore AGR relief. Here’s why

Vodafone Idea receives a five-year moratorium on AGR dues, easing near-term cash flow but leaving high leverage and spectrum obligations a major concern. [...]

Dividend yield shake-up: Vedanta drops to 7th, smallcap surprise for top slot. Check top 10 stocks

Vedanta has slipped to seventh place in India’s dividend yield rankings, with smallcap Multibase India taking the top spot at a staggering 24.8%, followed by Allcargo Logistics and Premco Global. [...]

Rs 50,000 crore wiped out as ITC shares crack 10%, worst day in 6 years. Should investors buy the fear?

ITC shares fell sharply on Thursday, erasing over Rs 50,000 crore in market value after a steep new cigarette tax spooked investors. The excise hike—on top of GST—may force price [...]

What cigarette tax hike means for 37 lakh ITC shareholders? Jefferies explains

Jefferies warned that the sharp hike in cigarette excise duty is clearly negative for ITC in the near term, likely hurting volumes and earnings. The brokerage called the move a [...]

Adani Power shares jump 7%, brokerages see multi-year earnings upcycle. Should you buy or sell?

Adani Power shares rose as much as 7% on Thursday, with brokerages highlighting a long runway for earnings growth driven by a sharp expansion in capacity, rising long-term power purchase [...]

2026 may not be for cement stocks but long term growth intact. What are analysts saying?

After a weak 2025, India’s cement sector enters 2026 facing capacity pressure and pricing challenges, even as long term infrastructure driven demand remains intact. [...]

Shriram Finance shares hit record high, cross Rs 1,000 for first time. Too late to buy?

Shriram Finance shares hit a record high as analysts upgraded target prices following MUFG’s landmark investment and a credit rating upgrade, boosting confidence in the company’s capital strength and growth [...]

Defence stock that’s up 2,100% in 5 years bags second order in two days; shares jump 3%

Apollo Micro Systems shares jumped after its subsidiary won a fresh ₹150 crore order from a private player, marking the second major contract in two days. Earlier, the company had [...]

Vodafone Idea shares jump 10% as Rs 5,836 crore group settlement lifts survival hopes

Vodafone Idea shares jumped nearly 10% after regulatory filings showed the telecom operator will receive Rs 5,836 crore from Vodafone Group under a revised liability settlement, while separate reports pointed [...]

Cupid shares extend rally for 15th consecutive session, jump 34% in just 15 Days

Cupid Ltd's shares have surged 34% in 15 sessions, hitting a new all-time high. The FMCG player announced plans for its first overseas manufacturing facility in Saudi Arabia, aiming to [...]

LIC’s 2025 scorecard: 64% stocks end in red, but 77 beat Nifty including 2 multibaggers. Do you own any?

LIC's 2025 investment performance revealed a stark divide. A significant majority of its portfolio stocks ended the year in the red, with many experiencing substantial declines. However, a notable portion [...]

Silver prices gain 1% at Rs 2.37 lakh on Jan 1, gold opens flat. What should investors do in 2026?

Gold and silver began 2026 on a mixed note, with gold trading flat while silver extended its strong rally. Gold February futures inched up 0.06% on MCX, whereas silver March [...]

ITC, Godfrey Phillips shares crack up to 19% on New Year’s Day. What’s the bad news?

Tobacco stocks like ITC and Godfrey Phillips saw significant drops on Thursday. This follows the finance ministry's notification of an additional excise duty on tobacco products. The new levies, effective [...]

Sensex kicks off 2026 with 200-point jump, Nifty above 26,150; auto, bank stocks rally

Indian stock markets, Nifty and Sensex, started 2026 with gains for a second day. Auto, bank, and IT stocks saw significant increases. However, major FMCG companies experienced sharp drops, limiting [...]

7 risks that could derail Nifty’s 2026 rally before it reaches 29,000

Despite Nifty's decade-long winning streak, 2026 targets of 29,000 face significant hurdles. Experts warn of potential derailment from a delayed US-India trade deal, global geopolitical chaos, and an AI bubble [...]