Economic & Finance News
Microfinance institutions are urged to maintain fair interest rates. The Department of Financial Services secretary expressed concern over declining loan accounts and outstanding amounts. MFIs play a crucial role in [...]
The cabinet has given the green light to a financial package of Rs 45,060 crore aimed at bolstering exporters. A significant portion of this, specifically Rs 20,000 crore, will be [...]
India's net direct tax collection reached Rs 12.92 lakh crore, marking a 7% year-on-year increase as of November 10. Gross collections rose by 2.15% to Rs 15.35 lakh crore, while [...]
Andhra Pradesh's cabinet has approved investment proposals totaling Rs 1 lakh crore. These initiatives aim to boost the state's development and create jobs for its youth. Major projects include IT [...]
Industry lobby CII has urged the government to create a new India Development and Strategic Fund. This professionally managed fund aims to finance India's long-term growth and secure critical economic [...]
A report by PRS Legislative Research indicates that most states have experienced a decline in aggregate revenue from taxes subsumed under GST, falling from 6.5% of GDP pre-GST to 5.5% [...]
Investments in digital gold such as ETFs and similar products rose to 221 tonnes, up 134% on year, says WGC Report. [...]
India Post Payments Bank will now offer doorstep digital life certificate services to EPFO pensioners. This collaboration leverages India Post's extensive network of post offices and postal service providers. Pensioners [...]
For India, maintaining fiscal discipline will depend on sustaining strong non-tax inflows and ensuring the government’s capex push continues to translate into higher private investment and consumption -- critical for [...]
In October, the Goods and Services Tax collections soared to Rs 1.95 lakh crore, marking a 4.6% rise compared to the previous year. Notably, this increase transpired even with substantial [...]
India's Goods and Services Tax Appellate Tribunal, GSTAT, is now operational after an eight-year wait. This new body promises faster dispute resolution for businesses and tax professionals. It aims to [...]
Goods and Services Tax collections saw a 4.6% increase in October, reaching Rs 1.96 lakh crore. This growth indicates robust economic activity and consumer spending during the festive season. Net [...]
The growth of India's maritime industry is hindered by a lack of robust financing avenues. Shipowners are encountering challenges with banks hesitating to fund vessel acquisitions. Meanwhile, port developers are [...]
In the first half of FY2025-26, government finances reflect a widening fiscal deficit. A notable increase in capital expenditure has driven significant infrastructure development. [...]
India's goods and services tax collections are strong even after recent rate cuts. This gives the government confidence in meeting budget estimates. The reforms are supporting local consumption and government [...]
Market News
Robert Kiyosaki says he isn’t selling Bitcoin or other assets despite market volatility, calling the downturn a global dash for cash. He expects heavy money printing ahead, which he believes [...]
FIIs sold ₹13,925 crore of Indian equities in early November amid global rotation toward outperforming markets. Despite volatile flows, domestic inflows, IPO activity, and regulatory reforms continue supporting long-term foreign [...]
Nifty gained 1.64% amid strong sentiment, holding above key averages with no signs of exhaustion. Momentum stays positive, though consolidation is possible near resistance as sector rotations broaden market strength. [...]
Mukul Agrawal’s Rs 7,610-crore portfolio saw nearly half its stocks deliver strong double-digit gains in FY26, with 11 rising 50–200%. Several new September-quarter additions also boosted momentum across diversified sectors. [...]
Chris Wood’s India portfolio shows mixed six-month performance, with strong gains in Eternal and SBI Life, steady advances in DLF and GMR Airports, and weakness in Lodha, ICICI Bank, and [...]
A packed week of corporate actions from November 17–21 brings multiple interim dividends, rights issues and bonus issues across FMCG, infra, finance, metals and manufacturing. Investors must hold shares one [...]
The Sensex climbed steadily for five sessions, rising over 1% as 14 BSE 500 stocks posted gains each day, led by Data Patterns, Asian Paints, Berger Paints, Aurobindo Pharma and [...]
India’s food delivery and quick commerce sectors are heading into a renewed competitive phase as firms boost promotions and spending. Despite rising discounting, stronger unit economics, disciplined expansion, higher throughput, [...]
Global capital is shifting focus. The Nasdaq's dominance is waning as U.S. tech valuations appear stretched. India's Nifty offers a compelling alternative with robust domestic consumption and accelerating infrastructure spending. [...]
European stock markets closed lower on Friday. This followed cautious remarks from U.S. Federal Reserve officials. Investors had hoped for an interest rate cut. Technology stocks faced selling pressure. However, [...]
Global stock markets fell on Friday. Wall Street ended the week with little change. U.S. Treasury yields rose. Federal Reserve officials signaled no December interest rate cut. This impacted investor [...]
Berkshire Hathaway disclosed a new $4.3 billion stake in Google parent Alphabet and reduced its Apple holdings, marking a significant shift in its equity portfolio. This move comes as Warren [...]
Investors face market jitters following the US government shutdown, with economic data gaps casting doubt on Federal Reserve rate cuts. Soaring AI stock valuations are also under pressure, leading to [...]
Wall Street stocks closed mixed as investors awaited Nvidia's earnings and worried about potential delays in Federal Reserve interest rate cuts. Concerns over inflation and the valuation of AI stocks [...]