Economic & Finance News

Asian Development Bank approves $846 mln loan to India for skill-building and employment

The Asian Development Bank has approved an $846 million loan to India to modernize 650 Industrial Training Institutes and five National Skill Training Institutes. This initiative aims to create a [...]

Lenders provide loans worth Rs 34 lakh cr under Mudra Yojana: MoS Finance

Launched in 2015, the Pradhan Mantri MUDRA Yojana has successfully distributed Rs 34 lakh crore in collateral-free loans, reaching over 55 crore beneficiaries. With the aim of bridging the funding [...]

ADB approves $400 million for climate-resilient roads in Maharashtra

The Asian Development Bank has approved a $400 million results-based lending program for Maharashtra to develop climate-resilient, low-carbon, and safe road networks. This initiative will expand all-weather roads in 34 [...]

India needs to lower guards for China FDI rather than hit it with tariffs: Sajjid Chinoy

India needs to re-evaluate its curbs on Chinese foreign direct investment, Economist Sajjid Chinoy said. He believes allowing Chinese capital would boost domestic demand and job creation, contrasting it with [...]

RBI plays onshore and offshore to help rupee have a good day

The Indian rupee celebrated a remarkable recovery, showcasing its most significant one-day increase in a month by settling at 89.23 to the US dollar. The Reserve Bank of India's preemptive [...]

Tax collection may fail to meet target for this fiscal

The government anticipates a slight dip in tax collections this financial year. This is due to recent Goods and Services Tax rate reductions and global economic challenges affecting corporate profits. [...]

Afghanistan woos Indian investors with tax sops, reopens air cargo route

Afghanistan's commerce minister has invited Indian investors to explore opportunities in mining, agriculture, health, and IT. Preferential tariffs and tax exemptions are being offered. Air cargo services between Kabul and [...]

Piyush Goyal meeting stakeholders to discuss ways to promote FDI, FII

Minister Piyush Goyal is meeting investors today. The discussions aim to speed up foreign investment processes. This will boost job creation and bring new technologies. It will also promote research [...]

16th Finance Commission submits report to President Droupadi Murmu

The Sixteenth Finance Commission has presented its tax division recommendations to President Droupadi Murmu. The report outlines how the tax pool will be shared between the Centre and states for [...]

I-T return forms, rules under simplified Income Tax Act, 2025 to be released by January 2026

The Central Board of Direct Taxes (CBDT) will release simplified Income Tax return forms and rules for the new Income Tax Act, 2025, by January 2026. Chairman Ravi Agrawal assured [...]

Financial sector to aid next phase of transformation, says DEA secy Anuradha Thakur

Economic Affairs Secretary Anuradha Thakur highlighted the financial sector's crucial role in India's economic transformation and sustained growth. She emphasized joint government-private action to strengthen the corporate bond market, expand [...]

Hopeful of meeting FY26 direct tax collection target: CBDT Chairman

India is confident it will meet its direct tax collection target of ₹25.2 trillion ($284.39 billion) for this financial year, Ravi Agrawal, chairman of the Central Board of Direct Taxes, [...]

N Chandrababu Naidu sees Google unleashing $1 trillion boom

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 [...]

Boost financial inclusion with fair rates: DFS Secy to MFIs

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 [...]

India likely to allocate $227.5 million for exporters' credit guarantee in FY26

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 [...]

Market News

50-year-old’s Rs 80 lakh retirement dilemma: FDs won’t beat inflation and aren’t tax-efficient. What’s the smarter route?

A 50-year-old with ₹80 lakh in FDs and ₹60,000 monthly expenses can target ₹1.23 crore in five years by adding limited equity exposure. Experts recommend hybrid funds, SWP withdrawals, and [...]

Cement outlook muted, but BNP Paribas still bullish on Ambuja and 2 other stocks; sees up to 29% upside

BNP Paribas sees a muted cement outlook but remains bullish on Ambuja Cements, JK Cement, and UltraTech Cement, forecasting up to 29% upside despite weak pricing trends [...]

'Phenomenally Stupid': Zerodha's Nithin Kamath warns against blind pre-IPO frenzy as unlisted market booms

Nithin Kamath cautions retail investors against blindly chasing pre-IPO shares amid extreme valuations and hype. He flags 100–500% markups, poor pricing, misleading promotions, regulatory gaps, and the rising risks in [...]

Reliance Infra shares soar 17% in 3 sessions. What's behind the surge?

Reliance Infrastructure shares jumped 17% in three sessions, reversing last week’s steep fall. The stock remains far below its 52-week high, but bargain buying, stabilising quarterly numbers, and returning domestic [...]

Market Wrap: Sensex and Nifty end flat as profit-taking caps D-St rally near record highs

Indian stock markets closed with a slight dip on Friday. The Sensex and Nifty saw minor fluctuations throughout the day. Investors took profits near record highs. They considered potential interest [...]

Nifty at record highs, but portfolios still bleed. SAMCO Securities lists 4 reasons why

Despite Nifty hitting a fresh all-time high, most retail portfolios remain in the red as gains are concentrated in a few heavyweight stocks. Broader market weakness, poor small- and mid-cap [...]

Rs 7,000 crore boom! Groww, Lenskart among 7 newly-listed firms to see shareholder lock-in end in December

Several newly listed companies may witness increased December trading activity as shareholder lock-in expiries free up nearly Rs 7,000 crore worth of equity. While this does not guarantee immediate selling, [...]

Nomura initiates coverage on this recently-listed CRDMO stock, sees 18% upside despite 22% correction

Nomura has initiated coverage on Anthem Biosciences with a Buy rating and a ₹740 target, citing attractive valuations, strong CRDMO positioning, diversified capabilities, and robust revenue and earnings growth projections [...]

Lenskart Q2 results tomorrow: Will it justify Jefferies buy call and what should investors expect?

Lenskart’s upcoming results are closely watched as investors assess growth momentum, margin improvement and the impact of its aggressive expansion. Analysts expect steady revenue gains, rising active shoppers and improving [...]

Turnaround Story: 8 stocks turn profitable after two quarters of losses; soar up to 75% in FY26 so far

Eight fundamentally strong stocks staged a sharp turnaround in Q2FY26, returning to profitability after two loss-making quarters and rallying up to 75% so far this fiscal year. [...]

4 years of fraud: How a Mumbai-based elderly couple allegedly lost Rs 35 crore in trading scam without knowing

A 72-year-old Mumbai resident, Bharat Harakchand Shah, has filed a police complaint after discovering that his inherited equity portfolio—long believed to be growing—had allegedly been mismanaged, leading to a sudden [...]

Japan's Nikkei adds to weekly gain with eyes on central bank meetings

Japan's Nikkei 225 closed up 0.2% on Friday, extending its weekly gain despite a challenging November. Investor focus is shifting to upcoming central bank decisions, with Tokyo's core inflation hinting [...]

Reliance Industries shares jump to fresh 52-week high as Jefferies projects 14% upside on earnings momentum

Reliance Industries hit a fresh 52-week high after Jefferies reaffirmed its ‘Buy’ rating and projected a 14% upside. The brokerage cited strong earnings momentum across retail, O2C, telecom, and FMCG, [...]

Australian shares log decade's worst November as expensive banks slide

Australian shares experienced their worst November in over a decade, with the S&P/ASX 200 index falling 3%. Heavyweight banks declined due to lofty valuations and margin pressures, while strong inflation [...]

Sudeep Pharma shares rally 8% after solid listing pop. Should you buy, sell or hold?

Sudeep Pharma’s strong stock market debut turned into an early rally, with shares gaining up to 8% after listing at a nearly 24% premium to the IPO price. The Rs [...]