Economic & Finance News
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 [...]
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 [...]
Market News
MCX’s surge past Rs 10,000 has turned Uday Kotak’s 2014 crisis-time investment into a massive 1,618% gain, with Kotak Mahindra Bank’s 15% stake now valued at ₹7,887 crore. The rally [...]
Ashok Leyland shares surged to a 52-week high following its subsidiary Hinduja Leyland Finance's approval to merge with NDL Ventures. This strategic absorption, effective April 2026 pending approvals, involves a [...]
Trent, a top Tata Group retailer, faces a tough year. Its stock is down 40% in 2025. Growth is slowing, and expansion worries investors. Analysts are cautious. However, long-term prospects [...]
Stock Market all time high: Indian markets hit new milestones on Thursday, with the Sensex crossing 86,000 for the first time and the Nifty50 breaking past previous records from September [...]
Patel Engineering's stock soared after securing two significant Letters of Intent worth Rs 798.19 crore for coal excavation and transportation projects in Chhattisgarh. Awarded by South Eastern Coalfields Limited, these [...]
India's smallcap market is experiencing a severe downturn, with over 1,000 stocks falling at least 20% from their peaks. This broad-based correction, driven by significant earnings misses and a valuation [...]
Mixed signals from the Federal Reserve have driven U.S. rate-cut uncertainty, boosting volatility and hedging activity. Investors are increasingly using swaptions and SOFR-linked derivatives to manage risk, with surge in [...]
Reliance Infrastructure surged 5% to hit the upper circuit for the second consecutive session, extending its rebound after a sharp six-day decline. Despite the recovery, the stock remains under pressure—down [...]
Gold and silver prices opened lower due to profit booking and market volatility, even as expectations of December Fed rate cuts and a weaker dollar provided support. Gold February futures [...]
Sterling and Wilson Renewable Energy shares saw a significant jump on Thursday. The company announced it secured a major international project in South Africa. This new contract is for a [...]
Stock Market Today: Indian equities reached new heights on Thursday, with the Nifty 50 hitting an all-time peak. This surge was driven by optimism surrounding potential interest rate cuts in [...]
PL Capital has identified seven small and midcap stocks with significant growth potential. These picks, including Ajanta Pharma and DOMS Industries, are expected to deliver returns of up to 69%. [...]
India's retail investors are exiting the secondary market, offloading Rs 4,729 crore in FY26, their worst selling streak since FY19. This exodus is fueled by a Rs 30,000 crore surge [...]
Wipro shares may be in focus after the company announced a strategic collaboration with IISc and FSID to advance frontier technologies, including quantum computing, agentic AI, and secure digital infrastructure. [...]
Eternal, the parent of Blinkit, has infused Rs 600 crore into the quick commerce platform, taking its total 2025 investment to Rs 2,600 crore. The funds support Blinkit’s aggressive expansion [...]