Economic & Finance News

Govt to form panel to align tax, accounting rules and cut India Inc compliance burden

A joint panel will be formed by the corporate affairs ministry and CBDT by March-end. This initiative aims to align tax computation rules with accounting standards. The move will reduce [...]

RBI ‘very comfortable’ with gold loan exposure despite sharp volatility in prices, says Guv Sanjay Malhotra

The Reserve Bank of India (RBI) has expressed comfort regarding outstanding gold loans in the financial system, despite recent price volatilities. Governor Sanjay Malhotra stated that loan-to-value ratios are well [...]

India-US trade deal details to determine the impact on Rupee, says RBI chief Malhotra

Reserve Bank of India Governor Sanjay Malhotra stated that an India-US trade deal's impact on the Indian Rupee hinges on its specific details. The Rupee has recently appreciated, trading near [...]

RBI MPC 2026: India's forex reserves stand at $723.8 billion as on January end, Guv Malhotra says

India's foreign exchange reserves have surged to $723.8 billion by January 30, 2026. This provides a strong buffer, covering more than 11 months of merchandise imports. The Reserve Bank of [...]

Spending capacity of ministries in focus as fund offtake falters

Indian govt spending: To be sure, most of these savings have been redeployed in other programmes, and the central government's overall expenditure for the current fiscal is just ₹1 lakh [...]

Projects worth ₹31,000 crore to be funded mainly via green bonds in FY27

India green bonds: The Centre will decide the precise amount of the sovereign green bond float in financial year 2027 in March when it finalises its borrowing plan for the [...]

Govt borrowing of Rs 17.2 lakh cr to be completed in non-disruptive manner: DEA Secy

Govt borrowing: The government had estimated a gross borrowing Budget of Rs 14.61 lakh crore in FY26 against the budget estimate of Rs 14.82 lakh crore. [...]

India must boost capital markets so Indians grow with economy: Larry Fink, chief executive, BlackRock

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 to ensure its record borrowing plan doesn't disturb markets, economic affairs secretary says

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 [...]

Centre, RBI weigh linking UPI with Singapore’s Alipay+ for cross-border payments

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 [...]

DIPAM secretary: Rs 80,000 crore target high but achievable

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 [...]

RBI says 98.42 pc of withdrawn Rs 2,000 banknotes returned

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 [...]

Budget 2026: Customs reforms to spur competitiveness, exports, says CBIC Chairman

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 [...]

Govt to introduce Insolvency and Bankruptcy Code amendment Bill in 2nd half of Budget session starting March 9: Sitharaman

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 [...]

End of revenue deficit grants not to impact states' finances: Official on FinComm suggestion

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 [...]

Market News

Dish TV India sinks deeper into losses in Q3 as subscription revenues continue to slide

Dish TV reported a net loss of approximately Rs 276 crore for Q3 FY26, sharply higher than the loss of around Rs 47 crore reported in the same quarter last [...]

Tata Steel Q3 profit soars 9-fold YoY to Rs 2,730 crore on Dutch unit boost

Tata Steel’s consolidated net profit surged more than ninefold from a year earlier in the December quarter as a sharp improvement in profitability at its Dutch unit and steady operations [...]

Shree Cement Q3 Results: Cons PAT surges 38% YoY  to Rs 268 crore

“Sales volumes were adversely impacted during the quarter due to loss of production on account of operations disruption at Baloda Bazar, Chhattisgarh,” the company said in a statement. [...]

Tata Motors PV posts Rs 3,486 crore loss in Q3 as JLR cyber impact drags results

Tata Motors Passenger Vehicles (TMPV) slipped to a consolidated net loss in the December quarter from a year-earlier profit, hit by the continued fallout of a cyberattack at its British [...]

BLS International reports net profit of Rs 170 crore for Q3, revenue at Rs 736 crore

BLS International has reported a net profit of Rs 170 crore for quarter three of this fiscal, up 33% year on year. The company reported revenues of Rs 736 crore, [...]

Jana Small Finance Bank Q3 Results: Profit plunges 91% to Rs 10 crore

Jana Small Finance Bank reported a 91% drop in third quarter net profit at Rs 10 crore as compared with Rs 111 crore in the year-ago period, owing to higher [...]

Kalyan Jewellers clocks 42% YoY growth in Q3 revenue at Rs 10,343 crore

Jewellery retailer Kalyan Jewellers has clocked a consolidated revenue of Rs 10,343 crore in Q3 FY26 as against Rs 7,278 crore in the corresponding period of the previous year, a [...]

Thomas Cook reports Q3 net profit of Rs 45 crore, revenue at Rs 2,146 crore

The budget announcements on government initiatives in infrastructure development, skilling 10,000 tourist guides, creating a digital repository, and promoting archeological sites are welcome moves, but in the absence of adequate [...]

IREDA board approves Rs 2,994 crore fund raising plan via QIP mode

State-run power NBFC Indian Renewable Energy Development Agency (IREDA) on Friday approved a Rs 2,994 crore fundraising plan via the qualified institutions placement (QIP) mode. [...]

Kalyan Jewellers Q3 Results: Consolidated profit rises 90% to Rs 416 crore

Jewellery retailer Kalyan Jewellers India on Friday reported a 90.36 per cent growth in consolidated net profit to Rs 416.29 crore. [...]

Spencer's Retail Q3 loss widens to Rs 58.4 cr, revenue slips marginally

The company posted a net loss of Rs 47.34 crore in the October-December period a year ago, according to a regulatory filing from Spencer's Retail, a RP Sanjiv Goenka group [...]

These 9 stocks trading below their industry average PE

Based on a valuation scan by StockEdge.com, we have identified the top nine stocks from the Nifty200 segment with PE ratios below their respective industry averages. [...]

NSE Q3 Results: Profit falls 37% YoY to Rs 2,408 crore

NSE Q3 Results: Leading exchange NSE reported a 37% year-on-year (YoY) slump in its consolidated net profit at Rs 2,408 crore in the third quarter, while total income fell 9% [...]

Gainers & Losers: LIC, Godfrey Phillips among 6 stocks that hogged limelight on Friday

Indian markets closed higher as buying in consumer and private banks offset losses in auto, IT and pharma. Stock-specific moves in BEML, LIC, Hitachi Energy and others drove action across [...]

Anand Rathi reports Rs 13 crore fraud by unknown individuals, group company employees

Anand Rathi Share and Stock Brokers on Friday informed the exchanges that its Internal Inquiry Committee has discovered a Rs 13 crore fraud. The brokerage said that the crime has [...]