Economic & Finance News
Within the total revenue expenditure, interest payments accounted for Rs 6,73,715 crore, while Rs 2,46,575 crore was spent on major subsidies. The expenditure pattern highlights the balance between the government's [...]
The Asian Development Bank has approved an $846 million loan to India to modernize 650 Industrial Training Institutes and five National Skill Training Institutes. This initiative aims to create a [...]
Launched in 2015, the Pradhan Mantri MUDRA Yojana has successfully distributed Rs 34 lakh crore in collateral-free loans, reaching over 55 crore beneficiaries. With the aim of bridging the funding [...]
The Asian Development Bank has approved a $400 million results-based lending program for Maharashtra to develop climate-resilient, low-carbon, and safe road networks. This initiative will expand all-weather roads in 34 [...]
India needs to re-evaluate its curbs on Chinese foreign direct investment, Economist Sajjid Chinoy said. He believes allowing Chinese capital would boost domestic demand and job creation, contrasting it with [...]
The Indian rupee celebrated a remarkable recovery, showcasing its most significant one-day increase in a month by settling at 89.23 to the US dollar. The Reserve Bank of India's preemptive [...]
The government anticipates a slight dip in tax collections this financial year. This is due to recent Goods and Services Tax rate reductions and global economic challenges affecting corporate profits. [...]
Afghanistan's commerce minister has invited Indian investors to explore opportunities in mining, agriculture, health, and IT. Preferential tariffs and tax exemptions are being offered. Air cargo services between Kabul and [...]
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 [...]
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 [...]
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 [...]
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 [...]
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, [...]
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 [...]
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 [...]
Market News
On the global front, uncertainty around the US Federal Reserve's rate-cut trajectory, a firm US dollar, and weak risk appetite across emerging markets kept foreign investors cautious. Persistent geopolitical tensions [...]
Despite the Nifty hitting fresh lifetime highs, the broader market weakened sharply as smallcaps saw steep declines driven by profit-taking, stretched valuations, and thin liquidity. Several stocks collapsed between 28% [...]
Nifty ended the week slightly lower after a range-bound trade, with financials and IT weighing while autos and FMCG provided support. Analysts expect the index to remain within a tight [...]
Market momentum continued as indices strengthened within a two-month channel supported by steady sector performance and stable global cues. Short-term consolidation persisted, though sentiment stayed constructive. Technical indicators pointed to [...]
The market capitalisation (mcap) of Hindustan Unilever edged higher by Rs 7,671.41 crore to Rs 5,79,644.16 crore, and that of State Bank of India went up by Rs 6,415.28 crore [...]
Indian markets ended the week slightly higher despite volatility, with the Nifty reclaiming 26,300 before settling above 26,200. InCred Equities released its latest high-conviction picks, highlighting 10 stocks with notable [...]
Trendlyne’s consensus estimates show that several mid-cap stocks are projected to deliver 25%–40% returns over the next 12 months. This data-driven analysis highlights 11 midcap names with strong upside potential [...]
The rally was underpinned largely by growing expectations of a 25 basis point rate cut by the U.S. Federal Reserve in December, which lifted global market sentiment. Hopes of progress [...]
Meesho is witnessing strong investor interest ahead of its Rs 5,421-crore IPO, with grey market signals suggesting a ~30% listing premium over the issue price of Rs 111. The offering [...]
Wall Street giants anticipate a rebound for India's underperforming markets in 2026, citing stabilizing earnings and policy support. Despite recent headwinds from US tariffs and a weaker rupee, early signs [...]
In the past three months, 12 penny stocks gained 20%–318%, with three becoming multibaggers. These stocks were selected using filters such as market capitalisation below Rs 1,000 crore, share price [...]
Lenskart's maiden quarterly results as a public entity reveal a robust 21% revenue surge to ₹2,096 crore and a 20% net profit jump to ₹103 crore. The eyewear giant, driven [...]
Nifty ended the week with modest gains and a fresh record high, but broader market participation remained weak as the Nifty 500 continued to trail its peak. With the index [...]
Lenskart Q2 Results: Lenskart Solutions reported its first quarterly results post-listing, showcasing a robust 19.6% year-on-year increase in consolidated profit after tax to Rs 102.22 crore. Revenue from operations also [...]
FIIs remain net sellers in November with Rs 3,765 crore outflows till November 29, but improving macros and record-high markets may trigger a shift in their strategy. Analysts say strong [...]