Economic & Finance News
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, [...]
EPFO subscribers will soon be able to withdraw provident fund directly into their bank accounts via UPI using a new mobile app launching in April. This initiative aims to streamline [...]
A joint panel will be formed by the corporate affairs ministry and CBDT by March-end. This initiative aims to align tax computation rules with accounting standards. The move will reduce [...]
The Reserve Bank of India (RBI) has expressed comfort regarding outstanding gold loans in the financial system, despite recent price volatilities. Governor Sanjay Malhotra stated that loan-to-value ratios are well [...]
Reserve Bank of India Governor Sanjay Malhotra stated that an India-US trade deal's impact on the Indian Rupee hinges on its specific details. The Rupee has recently appreciated, trading near [...]
Market News
India’s brokers’ lobby has urged the Reserve Bank of India to defer its newly issued lending norms for six months, citing operational challenges. [...]
Shares of Tata Investment Corporation rose sharply after Tata Sons was reported to be preparing an EGM to clear N. Chandrasekaran’s third-term reappointment. With Tata Sons holding a majority stake, [...]
Foreign institutional investors are rapidly exiting Indian IT stocks, pulling out nearly Rs 11,000 crore in early February and over Rs 74,000 crore so far in 2025, amid fears that [...]
Several Indian largecap companies showed strong financial results in the December quarter. Trent and Vedanta were among ten firms that achieved substantial profit growth, with some seeing increases up to [...]
Netweb Technologies share price rose sharply on Thursday, extending their rally to Day 3 after unveiling its ‘Make in India’ Tyrone Camarero GB200 AI Supercomputer and the compact Tyrone Camarero [...]
Indian IT stocks face pressure due to AI fears. Companies like Wipro and TCS have seen significant drops. Investors are now looking at domestic sectors. Financials, capital goods, consumption, and [...]
Indian IT stocks are experiencing significant declines, sparking fears of an AI-driven "Kodak moment." While some analysts warn of direct exposure to AI-induced displacement, others argue the market is oversimplifying [...]
Gold and silver prices traded marginally lower on MCX as investors assessed rising US–Iran tensions and uncertainty around Federal Reserve rate cuts. While safe-haven demand supported bullion, a stronger dollar [...]
Bandhan Small Cap Fund, which outperformed 93% of peers last year, is investing in beaten-down Indian internet firms like Paytm and Info Edge. The fund manager sees opportunity in unpopular [...]
Indian equity benchmarks, Nifty and Sensex, opened higher on Thursday, extending their winning streak for a fourth consecutive session. Gains in IT and metal stocks propelled the frontline indices upwards, [...]
Dr. Reddy's Laboratories is set to attract investor attention after acquiring the India trademarks for specialty brands Progynova® and Cyclo-Progynova® from Mercury Pharma Group Limited for USD 32.15 million. This [...]
Cochin Shipyard secured a significant $360 million contract to build six LNG-powered container vessels for France's CMA CGM Group. This deal boosts its order book to Rs 23,000 crore, enhancing [...]
Bharat Forge has signed an MoU with VVDN Technologies to explore collaboration across automotive, defence, AI and data centre domains. The partnership aims to leverage complementary engineering and manufacturing strengths [...]