Economic & Finance News
India FDI inflows: Singapore was the top source of overseas investments in April-December this fiscal, followed by the US. FDI equity inflows in July-September FY26 were $16.4 billion. [...]
The RBI’s recent liquidity infusion, which has pushed overnight rates below the repo rate to ease funding stress, is seen by bankers as a temporary, tactical move rather than a [...]
India and France have updated their tax treaty. This agreement changes how dividends are taxed between the two nations. French companies with large stakes in Indian firms will see a [...]
In January, India's economic landscape showcased resilience, with industrial production and service sectors experiencing consistent growth. Publicly traded companies noted impressive sales figures, particularly within the manufacturing domain. Anticipated trade [...]
Gujarat's Finance Minister Kanu Desai unveiled a ₹4,08,053 crore budget for 2026-27. The plan prioritizes developing six regions as growth hubs. Significant funds are allocated for sports infrastructure to prepare [...]
The government is pushing states to quickly approve and implement projects under the Special Assistance to States for Capital Expenditure scheme. Over ₹1.04 lakh crore has already been released. With [...]
The amount of cash circulating in the economy has hit an all-time peak of Rs 40 lakh crore in January, after rising 11.1% year-on-year. Yet, interestingly, the cash-to-GDP ratio has [...]
RBI Governor Sanjay Malhotra urged MSMEs to embrace formalization, credit discipline, and digital payments for enhanced resilience and competitiveness. The central bank reiterated its commitment to improving access to timely [...]
India needs patient capital to achieve its $10 trillion GDP target by 2035, according to Spark Capital's Y Rama Rao. He highlighted the success of South Korea and Singapore in [...]
India has emerged as Japan's most promising market, driving significant Japanese investment. Mizuho Bank Global CEO Masahiko Kato highlighted a strategic push to build an India-Japan corridor, supporting businesses in [...]
Public sector companies and four major government bodies maintained their capital spending this fiscal year. Their expenditure reached ₹6.67 lakh crore by January, nearly matching last year's ₹6.79 lakh crore. [...]
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, [...]
Market News
BSE and National Stock Exchange fined Shipping Corporation of India Rs 5.42 lakh each for violating Sebi’s board composition norms. The PSU said operations remain unaffected, even as it reported [...]
Despite the Sensex dropping 1.84% over five sessions to February 27, eleven BSE 500 stocks logged gains in each trading day. Schaeffler India, Sun TV Network and Timken India led [...]
The U.S. Supreme Court blocked Donald Trump’s sweeping tariffs under IEEPA, but his swift 15% global levy revived uncertainty. The ruling jolted global trade dynamics, pressured the dollar, lifted gold [...]
India’s consumer sector showed gradual recovery in 3QFY26, with 17% revenue and 15% EBITDA growth aided by low base, stable input costs and improving sentiment. Food and staples led gains, [...]
The Nifty IT index plunged 19.5% in February, its steepest monthly drop since 2008, as AI disruption fears and new tools from Anthropic triggered heavy selling. Tech stocks erased Rs [...]
January saw Mumbai's new rupee-loan rates climb, propelled mainly by state-owned lenders. By contrast, rates on existing loans dipped slightly and deposit rates declined a touch. The move unfolds in [...]
Howard Marks believes AI possesses many investor qualities like data processing and unemotional decision-making, but lacks crucial human elements like "skin in the game" and intuitive risk assessment. While acknowledging [...]
Bihar's new microfinance law could stall the sector's rebound. The state assembly passed a bill regulating money lending, a move that may push up loan defaults, echoing issues seen in [...]
IIFL Home Finance has secured a $300 million loan from the Asian Development Bank to expand affordable housing lending for low-income families, with a special emphasis on women. A portion [...]
Indian equities closed February on a weaker note as the Sensex and Nifty slipped, led by a sharp drop in IT shares amid concerns about AI-driven disruptions. Foreign institutional buyers [...]
French bank BNP Paribas acquired 5.28 lakh shares of State Bank of India for Rs 64 crore. The transaction occurred through a block deal with Societe Generale. SBI shares have [...]
Shriram Pistons and Rings raised Rs 1,000 crore via 18- and 24-month NCDs from mutual funds to partly finance its Rs 1,670-crore acquisition of Grupo Antolin’s India entities. The deal [...]
The Government of Singapore, HDFC Mutual Fund and the Monetary Authority of Singapore bought promoter shares worth thousands of crores in Vishal Mega Mart as Samayat Services LLP offloaded a [...]
Nithin Kamath says post-Covid investing has transformed India’s markets, with over 11 crore unique investors and rising first-time participation. Savings are shifting from deposits and real estate to equities, especially [...]
Indian markets fell sharply, with the BSE Sensex dropping 961 points amid global worries and foreign outflows. However, stronger-than-expected GDP growth of 7.8% and upbeat signals from GIFT Nifty improved [...]