Economic & Finance News
Within the total revenue expenditure, interest payments accounted for Rs 6,73,715 crore, while Rs 2,46,575 crore was spent on major subsidies. The expenditure pattern highlights the balance between the government's [...]
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 [...]
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 [...]
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 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 [...]
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 [...]
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'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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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, [...]
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 [...]
Market News
Markets extended their winning streak to a third week, hitting new record highs driven by global risk sentiment and domestic factors. Nifty and Sensex closed higher, with analysts anticipating further [...]
Consumer demand is strengthening ahead of the festive and wedding season, with improving trends across jewellery, liquor, paints, and select FMCG categories. Titan and Hindustan Unilever remain top picks as [...]
Sebi has barred Prabhudas Lilladher from taking new assignments for seven days from December 15, citing multiple violations involving client funds, margin reporting, account settlements, and improper penalty pass-throughs. The [...]
Ashish Kacholia’s disclosed portfolio rose 15% in FY26, with 21 stocks delivering double-digit returns and three turning multibaggers. [...]
Ten BSE smallcap stocks, including JSW Holdings and Primo Chemicals, gained for five consecutive sessions, showcasing consistent short-term momentum. [...]
Through Make in India, electronics-focused PLI schemes, SPECS, and the new ECMS, the government has created tailwinds for PCB manufacturing. [...]
InCred Equities’ top 10 mid- and small-cap picks, including Globus Spirits, VRL Logistics, and Atul Ltd, offer upside potential up to 74%. [...]
Sebi has barred Droneacharya Aerial Innovations and its promoters from the markets for two years after finding misuse of IPO proceeds, inflated financials, and diversion of funds. The regulator also [...]
Meesho’s ₹5,421-crore IPO opens next week with a strong GMP and improving fundamentals, but profitability and competition remain key risks. [...]
Indian markets saw a surge in stock prices on Friday. Retail and technology sectors led the gains. Investors anticipated a Federal Reserve interest rate cut. Major indexes recorded weekly gains. [...]
European shares concluded Friday higher, extending a strong weekly and monthly advance. Optimism surrounding potential U.S. rate cuts fueled gains, with the banking sector notably performing well. Basic Resources also [...]
India’s Q2 FY26 GDP surged 8.2%, beating expectations and reaffirming its position as the fastest-growing major economy. Markets may open positively on Monday, driven by robust manufacturing and services growth, [...]
The Securities and Exchange Board of India, often referred to as Sebi, is rolling out a set of new regulations designed to clamp down on the rising tide of fraud [...]
Indian markets are watching for AI profitability signals and economic health indicators. Stocks rebounded, buoyed by expected December Fed rate cuts. However, AI stock volatility, particularly in Nvidia and Alphabet, [...]
This proposal comes after the regulator observed the growing need to clearly distinguish content uploaded by Sebi-regulated persons from material posted by unregistered individuals on social media [...]