Economic & Finance News
He highlighted the government's efforts to encourage deeper engagement between corporates and startups, adding that large companies are showing growing interest in collaborating with startups to drive innovation and scale. [...]
Despite a slower pace of tax refunds, the growth in collection was much below the budgeted 12.7% increase for the entire 2025-26. With less than three months left in this [...]
The investment will be channeled through the Central Sector Scheme (CSS) of coal and lignite exploration. [...]
Speaking at the Third Annual Global Conference of the College of Supervisors in Mumbai, RBI Deputy Governor Swaminathan J said that traditional indicators such as capital adequacy and liquidity are [...]
India's credit demand is surging. Lower taxes and supportive monetary policy are fueling investment. Outstanding bank credit has crossed a major milestone. This growth surpasses projections, indicating a strong economic [...]
The Centre has released over ₹83,000 crore to states for capital investment. This is part of the special assistance scheme for capital investment. The government is confident of fully utilizing [...]
India Budget 2026: Tax experts advise the government against increasing income tax surcharges on the super-rich or reintroducing wealth tax in the upcoming budget. Such measures could prompt high-income earners [...]
The Reserve Bank of India has reduced its holdings in US Treasuries. This strategic move sees the central bank increasing its gold reserves. The shift aims to diversify foreign exchange [...]
The Reserve Bank of India has set the Ways and Means Advances limit for the Delhi government at Rs 890 crore. This move will assist the city government in managing [...]
The Capex for the month of December alone increased by 9.28% to Rs 70,000 crore, with many enterprises exceeding their annual budget target. The growth was led by the Railway [...]
India saw a significant rise in wealthy taxpayers. Over 61,000 new individuals joined the crorepati club, bringing the total to 351,000. The number of super-rich individuals, earning over ₹10 crore, [...]
The Centre has unveiled a significant three-year Public Private Partnership project pipeline. This initiative encompasses 852 projects with an estimated cost exceeding ₹17 lakh crore. The pipeline aims to boost [...]
India may exempt Sovereign Wealth Funds and patient capital from taxes on Indian stock market earnings. This proposal aims to attract stable foreign investment following significant sell-offs by foreign fund [...]
Experts warn that a significant tax hike on cigarettes, effective February 1, could fuel illicit trade and lead to substantial tax revenue losses. The new excise duty structure, combined with [...]
Credit growth in the country is expected to remain at around 12 per cent year-on-year in FY26 and improve to nearly 13 per cent in FY27, while deposit growth is [...]
Market News
Domestic markets showed caution due to trade deal uncertainty, though renewed hopes emerged as negotiations restarted. Metals led gains on expectations of U.S. rate cuts and safe-haven demand. Globally, equities [...]
Nuvoco Vistas Corp reported a consolidated net profit of Rs 49.37 crore in the December quarter, a significant turnaround from a year-earlier loss. This improvement was driven by a 50% [...]
South Indian Bank posted a 9.4% rise in Q3 profit, driven by higher operating income and non-interest revenue, while asset quality improved sharply, NPAs declined, and loan growth remained healthy [...]
Stock broker Angel One on Thursday reported a 4% year-on-year (YoY) decline in its consolidated net profit at Rs 269 crore in the third quarter. Along with the quarterly results, [...]
Morgan Stanley began coverage on Meesho with an equal-weight rating and Rs 169 target, citing full valuations after the rally, early-stage monetisation, and profitability still years away despite strong scale, [...]
LTTS reported a 6% YoY profit decline in Q3 despite 10% revenue growth, strong deal wins above $200 million for fifth straight quarter, stable margins, and momentum in AI-led engineering, [...]
HDFC Life Insurance on Thursday reported a muted bottomline growth in December quarter, with standalone profit after tax rising just 1% year-on-year to Rs 421 crore, compared with Rs 415 [...]
Jio Financial Services posted mixed Q3FY26 results, with revenue surging 106% to Rs 901 crore but net profit falling 9% YoY to Rs 269 crore. Sequentially, profitability weakened sharply, even [...]
FY26 has exposed sharp divergences within the microcap space. While benchmarks remain resilient, several microcap stocks have seen steep value erosion, with select names crashing up to 64%, highlighting the [...]
Citibank bankers expect India’s equity capital markets to stay strong in 2026, driven by high valuations, active IPO pipelines and private equity exits. They also see the rupee recovering from [...]
SEBI's new merchant banking regulations, effective January 3, 2026, aim to professionalize the sector but risk concentrating business among large entities. A growing economy requires a diverse pool of specialist [...]
Japan's Nikkei share average retreated from a record high as a stronger yen impacted exporters and technology stock momentum waned. The benchmark Nikkei 225 fell 0.4%, while the broader Topix [...]
European markets extended their rally on Thursday, buoyed by encouraging economic data and robust corporate earnings. Strong results from TSMC propelled ASML to record highs, while Swedbank and Richemont also [...]
ASML shares have reached a record high. The Dutch chipmaking equipment maker's market value has crossed $500 billion. This makes ASML Europe's most valuable company. The surge was driven by [...]