Economic & Finance News
In a significant ruling, the Bombay High Court has reaffirmed that summonses issued under the CGST Act serve solely for the purpose of inquiries and recording statements, and do not [...]
Over Rs 72,000 crore in unclaimed bank deposits are held by the RBI's DEA Fund by January 2026. Steps are being taken to help people find their lost money. The [...]
More than 24 lakh income tax returns remain unprocessed for over 90 days. This is out of nearly 8.80 crore returns filed for Assessment Year 2025-26 by February 4, 2026. [...]
Asian nations are quietly challenging the dollar's global dominance, moving beyond mere rhetoric. China's digital yuan (e-CNY) now offers interest, making it competitive with bank deposits. Meanwhile, the mBridge platform, [...]
EPFO subscribers will soon be able to withdraw provident fund directly into their bank accounts via UPI using a new mobile app launching in April. This initiative aims to streamline [...]
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 [...]
Market News
India’s IT sector plunged on Thursday as the Nifty IT index fell over 4%, erasing Rs 1.3 lakh crore in market value amid AI-driven disruption fears. TCS, Infosys and Wipro [...]
Shriram Finance has doubled investors’ wealth over the past year, outperforming the Nifty and hitting fresh 52-week highs. Trading well above key moving averages, the stock remains in an uptrend, [...]
Indian benchmark indices Sensex and Nifty traded lower on Thursday, impacted by a sharp selloff in IT stocks and investor caution following stronger-than-expected U.S. jobs data. This data dampened hopes [...]
Foreign institutional investors are cautiously returning to Indian stocks after a significant exodus, driven by a strengthening rupee and an interim trade deal with the US. However, a sustained comeback [...]
Gold and silver futures opened lower on Thursday as a stronger US dollar, fueled by robust jobs data, dampened interest rate cut expectations. Investors now await US inflation figures for [...]
“RSI trending up” means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the stock price. [...]
Indian IT stocks like Infosys and Wipro saw significant drops following a sharp decline in their US ADRs. Investor concerns are mounting over AI's potential to disrupt legal services and [...]
Shares of Patanjali Foods drew attention after the company reported robust Q3FY26 results, with profit and revenue rising sharply. FMCG and edible oil segments delivered broad-based growth, margins remained stable, [...]
Hindalco shares may face pressure after Novelis delayed the restart of its Oswego plant following fire incidents, impacting around Rs 14,400 crore in cash flows. The subsidiary reported a quarterly [...]
Mahindra & Mahindra reported a 33% YoY rise in standalone Q3FY26 net profit to Rs 3,931 crore, with strong revenue growth across auto and farm segments. Brokerages remain positive, citing [...]
LG Electronics India shares tanked 8% after it reported a sharp 61% year-on-year decline in Q3FY26 net profit, with revenue also slipping 6%. Elevated operating expenses weighed on margins despite [...]
