Economic & Finance News
BlackRock CEO Larry Fink urges India to prioritize domestic capital markets over foreign inflows for sustained economic participation. He highlights India's advanced financial infrastructure, from digital payments to asset tokenization, [...]
India will borrow a record amount in the upcoming fiscal year. The government plans to use bond switches and other tools to manage the market. This approach aims to keep [...]
India is considering a proposal to link its Unified Payments Interface (UPI) with Singapore's Alipay+ to facilitate cross-border digital payments. This potential integration would allow seamless transactions for Indian travelers [...]
The government aims to raise ₹80,000 crore through disinvestment and asset monetisation in FY27. DIPAM secretary Arunish Chawla expressed confidence in meeting this ambitious target. Plans are underway to unlock [...]
The Reserve Bank of India reports that 98.42 percent of Rs 2,000 banknotes have been returned. This withdrawal began on May 19, 2023. The total value of these notes in [...]
The board will also expand the duty deferrals for Authorized Economic Operator (AEO) programme and now a new category of manufacturers and exporters will enjoy the same facilitation privileges as [...]
The Central government plans to introduce the Insolvency and Bankruptcy Code amendment Bill soon. This move aims to improve the insolvency resolution process. The government has already resolved over 1,000 [...]
The Union government faces a careful balancing act. Significant funds will flow to states following the 16th Finance Commission's proposals. This includes a 41 percent share of central taxes and [...]
The Sixteenth Finance Commission proposes ending revenue deficit grants for states, keeping their tax share at 41%. It introduces states' GDP contribution to tax devolution and demands stricter fiscal discipline. [...]
With an eye on fiscal strength, the government is targeting a significant Rs 80,000 crore through disinvestment and asset monetisation by the end of FY27. Major transactions like the sale [...]
The Centre anticipates Rs 3.16 lakh crore in dividends and surpluses from the RBI, nationalised banks, and financial institutions for 2026-27, a 3.75% increase. This, along with Rs 75,000 crore [...]
India Budget 2026: The government aims to raise ₹47,000 crore from disinvestment and asset monetisation in FY26, shifting focus from targets to improving company valuations and funding infrastructure. Privatisation remains [...]
The Centre has allocated Rs 95,692.31 crore for the new VB-G RAM G scheme, set to replace MGNREGA and promise 125 days of work annually. The overall Budget for the [...]
The Union Budget 2026-27 earmarks Rs 1,102 crore for key government offices. This includes substantial funds for the Council of Ministers, the Prime Minister's Office, and the Cabinet Secretariat. Hospitality [...]
Union Budget 2026" The Budget proposes to maintain states' share of central taxes at 41 percent for the next five years. This aligns with Finance Commission recommendations. The Centre will [...]
Market News
Devyani International shares surged after Jefferies upgraded its rating to 'Buy', citing a 17% correction and a target price implying 25% upside. The company announced Manish Dawar's promotion to CEO, [...]
Hindustan Copper shares tumbled 5.5% as global copper prices reversed sharply, driven by renewed concerns over Chinese demand. Investors are unwinding bullish bets amid signs of weakening spot demand in [...]
Hindustan Zinc shares dropped significantly due to a sharp decline in silver prices and increased margins on MCX futures. Despite short-term volatility, analysts like HSBC remain optimistic, upgrading the stock [...]
Chip maker Qualcomm anticipates lower revenue and profit. A global memory chip shortage is affecting smartphone sales. This shortage is expected to continue for several quarters. Qualcomm's smartphone chip sales [...]
Benchmark indices Nifty and Sensex opened lower on Thursday, ending a three-day rally as investors booked profits at higher levels. Metal and pharma stocks were the biggest decliners, with the [...]
Axis Direct identifies six largecap stocks with significant upside potential, ranging up to 33% over the next year. These selections, including HDFC Bank and Bajaj Finance, are favored by experts [...]
Tata Power shares experienced a dip on Thursday after mixed Q3 FY26 results. Revenue fell 4% YoY to Rs 14,485 crore, while PAT rose 1% to Rs 1,194 crore. Renewables [...]
Brokerages are selectively optimistic about select infrastructure, consumer, industrial, and hospitality stocks. Adani Ports, Varun Beverages, Exide Industries, Pidilite Industries, and Ventive Hospitality are among those with potential for significant [...]
Force Motors shares surged over 8% following a significant 252% jump in Q3 net profit to Rs 406.1 crore. This rise was fueled by a 12.6% increase in revenue to [...]
FMCG major Marico is set to acquire a 60% stake in plant-based nutrition brand Cosmix Wellness for approximately Rs 375 crore. This strategic move strengthens Marico's digital-first portfolio and positions [...]
Indian IT stocks are experiencing significant selling pressure following the launch of AI-powered workplace tools, leading to a market value evaporation of billions. While some analysts label this a "SaaSpocalypse," [...]
India's arbitrage fund managers anticipate reduced returns following a surprise tax hike on equity derivatives. This move, aimed at curbing speculation, impacts arbitrage funds by increasing operational costs and potentially [...]
JSW Cement shares saw a significant jump following a robust Q3 FY26 performance. The company reported a profit rebound and a notable increase in revenue. Cement volumes also rose year-on-year. [...]
