Economic & Finance News
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 [...]
Industry lobby CII has urged the government to create a new India Development and Strategic Fund. This professionally managed fund aims to finance India's long-term growth and secure critical economic [...]
A report by PRS Legislative Research indicates that most states have experienced a decline in aggregate revenue from taxes subsumed under GST, falling from 6.5% of GDP pre-GST to 5.5% [...]
Investments in digital gold such as ETFs and similar products rose to 221 tonnes, up 134% on year, says WGC Report. [...]
India Post Payments Bank will now offer doorstep digital life certificate services to EPFO pensioners. This collaboration leverages India Post's extensive network of post offices and postal service providers. Pensioners [...]
For India, maintaining fiscal discipline will depend on sustaining strong non-tax inflows and ensuring the government’s capex push continues to translate into higher private investment and consumption -- critical for [...]
In October, the Goods and Services Tax collections soared to Rs 1.95 lakh crore, marking a 4.6% rise compared to the previous year. Notably, this increase transpired even with substantial [...]
India's Goods and Services Tax Appellate Tribunal, GSTAT, is now operational after an eight-year wait. This new body promises faster dispute resolution for businesses and tax professionals. It aims to [...]
Goods and Services Tax collections saw a 4.6% increase in October, reaching Rs 1.96 lakh crore. This growth indicates robust economic activity and consumer spending during the festive season. Net [...]
The growth of India's maritime industry is hindered by a lack of robust financing avenues. Shipowners are encountering challenges with banks hesitating to fund vessel acquisitions. Meanwhile, port developers are [...]
Market News
Pandey cited findings of a survey conducted by Sebi recently, which points to eagerness to invest with over a fifth of the respondents saying they plan to invest in the [...]
Nine NSE midcap stocks, including Glenmark, HPCL, and Suzlon, posted over 100% EBITDA growth in Q2FY26, reflecting strong profitability and operational efficiency [...]
Sebi is close to finalising a major revamp of stock broker and market regulations, aiming to modernise outdated rules, remove ambiguities and streamline compliance. The regulator is also advancing changes [...]
Asian Paints, Marico, Canara Bank and five other BSE 100 stocks hit 52-week highs, with monthly gains up to 18%, signalling strong bullish momentum and potential short-term upside [...]
Six major stocks were in focus on Monday as benchmark indices extended their winning streak for the fifth consecutive session. Strong action was seen in financials and autos, while individual [...]
Motilal Oswal says the Bihar poll mandate strengthens policy continuity and boosts market confidence, adding momentum to improving earnings, supportive reforms, easing political concerns and macro tailwinds that may aid [...]
Indian stocks surged for a sixth consecutive session, with the Sensex and Nifty closing higher. Investors reacted positively to the Reserve Bank of India's new support measures for exporters facing [...]
Motilal Oswal has reaffirmed a ‘Buy’ on LG Electronics India, saying the market is overlooking its margin recovery and premiumisation-led growth. Despite a weak Q2 marked by softer demand and [...]
While others chase valuations, this payments giant is prioritising inclusion, governance structures, and workplace values. [...]
EUROPE-STOCKS/ (URGENT)European shares steady as investors pause ahead of US data [...]
PhysicsWallah shares will list on the BSE and NSE on November 18, with the Rs 3,480 crore IPO, one of the largest ever from India’s edtech sector, drawing tepid overall [...]
Groww's founder Lalit Keshre has joined the billionaire ranks with his stake valued at nearly Rs 9,400 crore, following the company's impressive 68% share price surge post-IPO. Keshre emphasized the [...]
FIIs are boosting stakes in select high-margin smallcaps, with nine stocks delivering 25% to 300% returns in CY25, including two multibaggers. [...]
Japan's Nikkei closed slightly lower as tourism stocks tumbled following China's travel warning amid escalating Taiwan tensions. Retailers like Isetan Mitsukoshi and Shiseido saw significant drops. However, technology and financial [...]
Tata Motors (CV) shares fell, extending last week’s slide, after its first post-listing quarterly results showed a sharp swing to a consolidated net loss of ₹867 crore in Q2 FY26 [...]