Economic & Finance News

Piyush Goyal meeting stakeholders to discuss ways to promote FDI, FII

Minister Piyush Goyal is meeting investors today. The discussions aim to speed up foreign investment processes. This will boost job creation and bring new technologies. It will also promote research [...]

16th Finance Commission submits report to President Droupadi Murmu

The Sixteenth Finance Commission has presented its tax division recommendations to President Droupadi Murmu. The report outlines how the tax pool will be shared between the Centre and states for [...]

I-T return forms, rules under simplified Income Tax Act, 2025 to be released by January 2026

The Central Board of Direct Taxes (CBDT) will release simplified Income Tax return forms and rules for the new Income Tax Act, 2025, by January 2026. Chairman Ravi Agrawal assured [...]

Financial sector to aid next phase of transformation, says DEA secy Anuradha Thakur

Economic Affairs Secretary Anuradha Thakur highlighted the financial sector's crucial role in India's economic transformation and sustained growth. She emphasized joint government-private action to strengthen the corporate bond market, expand [...]

Hopeful of meeting FY26 direct tax collection target: CBDT Chairman

India is confident it will meet its direct tax collection target of ₹25.2 trillion ($284.39 billion) for this financial year, Ravi Agrawal, chairman of the Central Board of Direct Taxes, [...]

N Chandrababu Naidu sees Google unleashing $1 trillion boom

Naidu, who retook control of the state in 2024 for a fourth term, scored a big win last month when Alphabet Inc.’s Google announced it would invest $15 billion in [...]

Boost financial inclusion with fair rates: DFS Secy to MFIs

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 [...]

India likely to allocate $227.5 million for exporters' credit guarantee in FY26

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 up 7% in FY26 so far to Rs 12.92 lakh crore

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 cabinet approves investment proposals worth Rs 1 lakh crore

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 [...]

CII urges govt to establish India Development and Strategic Fund to finance growth

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 [...]

Revenue of states from taxes subsumed under GST declined for most: PRS report

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% [...]

Gold buying by central banks up 10% in Q3

Investments in digital gold such as ETFs and similar products rose to 221 tonnes, up 134% on year, says WGC Report. [...]

IPPB to provide doorstep digital life certificate services to EPFO pensioners

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 [...]

India staring at a tricky fiscal balancing act? Slower tax growth clouds FY26 deficit goals

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 [...]

Market News

Gainers & Losers:Hindalco, IndusInd Bank among 6 big movers on Friday
Sebi to discuss mutual fund and stock broking regulations at December board meeting

Sebi is planning to overhaul mutual fund and stock broking rules at its December board meeting, according to sources close to the development. The market regulator aims to cut regulations [...]

Reliance Industries, GMR Airports 6 stocks that hit 52-week highs; gains up to 15% in a month

​Despite a 400-point decline in the Sensex, six BSE 200 stocks including Mahindra & Mahindra Financial Services, GMR Airports, SBI Life, Bharti Airtel, Reliance Industries and Eicher Motors hit fresh [...]

Explosive Growth: 9 midcap stocks with stellar YoY Sales gains
AI bubble, boom or both? Ray Dalio calls its a bubble but says it's too soon to sell

Ray Dalio warns that the AI-driven market surge has entered bubble territory, even as Nvidia’s strong earnings reignite global tech optimism. Dalio says it’s too early to sell, noting bubbles [...]

Axis Bank to raise up to Rs 5,000 crore via private placement

The company is looking to raise 20 billion rupees through debentures, with an additional 30 billion rupees available through a green shoe option [...]

Market Wrap: Sensex slides 401 pts, Nifty slips below 26,100 as profit-taking kicks in near record levels

Indian stocks experienced a downturn on Friday, with the Sensex and Nifty retreating from near-record highs due to profit-taking. Banking giants ICICI Bank and HDFC Bank were among the decliners. [...]

Kotak Mahindra Bank approves 1:5 stock split. Check details

Kotak Mahindra Bank's board has greenlit a 1:5 stock split, dividing each existing share into five. This move aims to make shares more accessible and boost trading, particularly for retail [...]

European shares fall on tech rout, Fed policy jitters

The STOXX is on track for weekly losses of nearly 3%, its biggest weekly drop since the unveiling of U.S. tariffs sent global markets into a tailspin between late March [...]

10 stocks showing consistent 20%+ profit growth and 6 have turned multibaggers
Capillary Technologies shares rocket up to 13% after tepid debut. Should you buy, sell or hold the stock?

Capillary Technologies rebounded sharply after a weak stock market debut, with shares jumping up to 13% intraday despite listing at a discount to the IPO price. Strong buying interest offset [...]

SEBI weighing REITs’ inclusion in indices, to widen MF pool for REITs and InvITs: Tuhin Kanta Pandey

SEBI Chairman Tuhin Kanta Pandey announced a calibrated approach to including REITs in indices and expanding liquid mutual funds to include REITs and InvITs. He emphasized that governance and investor [...]

Japan's Nikkei extends weekly slide as tech shares track Wall Street declines

Tokyo's Nikkei index plummeted Friday, mirroring Wall Street's tech stock decline amid AI valuation worries after Nvidia's results. Japanese investors also eyed a looming holiday and government stimulus, sparking fiscal [...]

Groww joins capital market rally; six stocks soar up to 86%

India's capital markets are experiencing a significant boom. The Nifty Capital Markets Index has surged by nearly 40% in FY26. This growth is fueled by strong performances from brokerages, asset [...]

Insurers, foreign funds pull back, deepening turmoil in Japan’s debt market

Japan’s borrowing costs have surged to record highs as investors sell off the yen and long-term government bonds ahead of Prime Minister Sanae Takaichi’s massive stimulus plan. With debt markets [...]