Economic & Finance News
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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: 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. [...]
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 [...]
Market News
SBI Q3 Results: India's largest public sector lender State Bank of India (SBI) on Saturday reported 24% year-on-year (YoY) growth in its standalone net profit at Rs 21,028 crore in [...]
India's National Stock Exchange has approved a new unit to manage a national coal trading platform. This platform will allow electronic trading of physical coal using standardized contracts. It aims [...]
Indian stocks are navigating challenges despite trade agreements. Corporate earnings growth is lagging, and foreign investors are looking elsewhere. Recent AI advancements also impact tech giants. While trade deals offer [...]
Headline capex understates the Union Budget’s infrastructure push. Adjusting for equity infusions, state and private spending, and extra-budgetary resources shows effective Centre infrastructure spending rose 18% year-on-year, led by defence, [...]
Over 120 smallcap stocks posted double-digit gains in a single week, signalling a sharp rebound after months of selling pressure. While valuations have corrected and earnings remain stable in pockets, [...]
Gold and silver saw their sharpest selloff in months as macro shocks, including a stronger US dollar, CME margin hikes and profit booking, triggered a technical correction. Experts say the [...]
In a surprising turn of events, Indian stock markets rebounded on Friday after starting the day in the red. Traders reacted to optimistic developments surrounding a US-India trade agreement, even [...]
Indian equities witnessed strong momentum as the Sensex surged 3.54% over five sessions ending February 6. Amid the rally, 33 BSE 500 stocks gained consistently, with 13 delivering uninterrupted five-day [...]
Europe's benchmark share index rebounded on Friday, with the STOXX 600 up 0.9% as investors digested mixed corporate earnings. Stellantis plunged on EV development charges, while defence stocks surged on [...]
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’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 [...]
“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 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 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, [...]