Economic & Finance News
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 [...]
The cabinet has given the green light to a financial package of Rs 45,060 crore aimed at bolstering exporters. A significant portion of this, specifically Rs 20,000 crore, will be [...]
India's net direct tax collection reached Rs 12.92 lakh crore, marking a 7% year-on-year increase as of November 10. Gross collections rose by 2.15% to Rs 15.35 lakh crore, while [...]
Andhra Pradesh's cabinet has approved investment proposals totaling Rs 1 lakh crore. These initiatives aim to boost the state's development and create jobs for its youth. Major projects include IT [...]
Industry lobby CII has urged the government to create a new India Development and Strategic Fund. This professionally managed fund aims to finance India's long-term growth and secure critical economic [...]
A report by PRS Legislative Research indicates that most states have experienced a decline in aggregate revenue from taxes subsumed under GST, falling from 6.5% of GDP pre-GST to 5.5% [...]
Investments in digital gold such as ETFs and similar products rose to 221 tonnes, up 134% on year, says WGC Report. [...]
India Post Payments Bank will now offer doorstep digital life certificate services to EPFO pensioners. This collaboration leverages India Post's extensive network of post offices and postal service providers. Pensioners [...]
For India, maintaining fiscal discipline will depend on sustaining strong non-tax inflows and ensuring the government’s capex push continues to translate into higher private investment and consumption -- critical for [...]
In October, the Goods and Services Tax collections soared to Rs 1.95 lakh crore, marking a 4.6% rise compared to the previous year. Notably, this increase transpired even with substantial [...]
India's Goods and Services Tax Appellate Tribunal, GSTAT, is now operational after an eight-year wait. This new body promises faster dispute resolution for businesses and tax professionals. It aims to [...]
Goods and Services Tax collections saw a 4.6% increase in October, reaching Rs 1.96 lakh crore. This growth indicates robust economic activity and consumer spending during the festive season. Net [...]
The growth of India's maritime industry is hindered by a lack of robust financing avenues. Shipowners are encountering challenges with banks hesitating to fund vessel acquisitions. Meanwhile, port developers are [...]
In the first half of FY2025-26, government finances reflect a widening fiscal deficit. A notable increase in capital expenditure has driven significant infrastructure development. [...]
Market News
Indian banking stocks surged on Monday, propelling the Nifty Bank index to a new record high. Strong performances from Canara Bank, IDFC First Bank, AU Small Finance Bank, and Kotak [...]
US economic data releases are resuming after the shutdown, prompting shifting expectations for the December Fed meeting. Conflicting views among policymakers have created uncertainty, with several officials leaning hawkish while [...]
V2 Retail delivered a strong Q2 and H1 performance, driven by robust revenue growth, higher margins, and aggressive store expansion. Improved profitability, strong volume gains, and rising full-price sales supported [...]
Nifty nears all-time highs as a surprisingly strong earnings season validates market confidence. Early signals suggest the second half of the fiscal year will be encouraging, with potential benefits from [...]
Honasa Consumer, parent of Mamaearth, shows a 47% rally from its lows, driven by a strong Q2 performance and distribution revamp. Notwithstanding the stock slipping below the IPO price, analysts [...]
Motilal Oswal Financial Services has identified high-conviction stock picks with return potential up to 28% post Q2 earnings. The brokerage firm recommends stocks across various sectors including solar, telecom, banking, [...]
Paytm is making a strong comeback after facing regulatory challenges. The company is now focusing on its core payment business and expanding financial services. New AI-driven products are also being [...]
Indian stocks climbed on Monday, buoyed by positive second-quarter earnings forecasts. The S&P BSE Sensex and NSE Nifty 50 both saw gains, though investors remained cautious due to ongoing uncertainty [...]
Ideaforge Technology shares: IdeaForge has won over ₹100 crore in new defence orders, including a ₹75-crore Indian Army contract for its next-gen Zolt tactical drone after rigorous EW field trials, [...]
Retail investors injected over ₹18,000 crore into ten diverse stocks, including BSE, TCS, and Ola Electric, during the September 2025 quarter. Despite market volatility, individual investors showed a contrarian approach, [...]
Anant Raj will invest Rs 4,500 crore to build a data centre and IT park in Andhra Pradesh. This project will create thousands of jobs and boost digital growth. The [...]
On Monday, Alembic Pharmaceuticals saw a surge in its stock prices after the USFDA greenlit its Diltiazem Hydrochloride Tablets, a crucial treatment for high blood pressure and angina. This pivotal [...]
A 5-year swing high represents the highest price a stock has reached within a five-year period. This level often acts as a significant resistance zone where the price has historically [...]
Maruti Suzuki will be in focus after recalling 39,506 Grand Vitara SUVs manufactured between December 2024 and April 2025 due to faulty fuel-level indicators. The company will inspect and replace [...]
Characterised by a long white (or green) candlestick with no upper shadow and a small or nonexistent lower shadow, it signals strong buying pressure throughout the session. [...]