Economic & Finance News
Reduction and rationalisation of Goods and Services Tax slabs - reducing them to two, and exempting certain items, including premiums for health and life insurance - were 18 months in [...]
Finance Minister Nirmala Sitharaman is preparing for the rollout of the next-generation GST with reduced rates and fewer slabs, effective September 22. Three meetings were conducted to assess GSTN's readiness [...]
Union Minister Ashwini Vaishnaw announced upcoming GST and income tax reforms. These changes are expected in the 2025-26 budget. The reforms aim to boost India's economy significantly. Vaishnaw clarified that [...]
The government is closely monitoring businesses to ensure that the recent GST rate cuts reach consumers, especially during the festive season. Ministries are collecting price data and urging companies to [...]
SBI's research indicates that GST reforms, including rate reductions, will result in a minimal revenue loss of Rs 3,700 crore, contrasting with the government's estimate of Rs 48,000 crore. The [...]
The Financial Stability and Development Council convened to address potential economic challenges arising from US tariffs and geopolitical tensions. Discussions centered on simplifying KYC procedures and advancing financial inclusion initiatives [...]
The Reserve Bank of India (RBI) has announced that financial markets, including government securities, foreign exchange, and money markets, will be closed on September 8, 2025, due to a public [...]
India's CBIC anticipates a temporary dip in GST collections post the September 22 overhaul, as businesses utilize accumulated ITC. However, festive demand is expected to boost sales. The GST department [...]
The GST Council is meeting to discuss potential rate changes, including a two-slab structure and a luxury item tax. States are seeking revenue loss compensation as the Centre plans to [...]
The Goods and Services Tax Council is set to commence a two-day meeting on Wednesday to discuss significant reforms to the GST structure, which was implemented eight years ago. Prime [...]
An SBI Research report projects states to be 'net gainers' from the proposed GST rate rationalization, with revenue exceeding ₹14.10 lakh crore this fiscal year. While an initial dip is [...]
State Bank of India projects Indian states will remain net gainers from GST, even with rate rationalisation, due to revenue sharing mechanisms. This contradicts concerns of revenue loss expressed by [...]
During his visit to Germany, Tamil Nadu Chief Minister MK Stalin secured 26 MoUs worth Rs 7,020 crore, expected to generate over 15,000 jobs in the state. Key agreements were [...]
The Account Aggregator (AA) ecosystem, launched in 2021, is rapidly expanding, fostering secure, consent-based financial data sharing. With over 2.2 billion accounts enabled and millions of users linked, it strengthens [...]
Even after the Reserve Bank of India withdrew Rs 2000 notes, a notable amount remains in circulation. The value of these notes still circulating is Rs 5,956 crore. Since the [...]
Market News
Indian markets ended the week strongly, driven by GST cuts, hopes of US tariff concessions, and earnings recovery. Ajay Bagga highlights global liquidity, Fed rate cut expectations, AI-led IT revival, [...]
Despite Rs 10,782 crore worth of FII selling in September, Nifty has held firm for eight straight sessions. Analysts say improving macro signals, policy reforms, and potential Fed rate cuts [...]
Indian equities are poised for a potential upswing, with Nifty targeting 25,300 and Bank Nifty aiming for 55,200, according to Axis Securities. Derivative data suggests a shifting base and increased [...]
Sebi has cancelled the registration of Shilpa Garg’s Highlight Investment Research for fraud and mis-selling after she promised astronomical returns, failed to redress grievances, and went unresponsive. She is barred [...]
Nearly 57% (550) of the stocks in the index settled in the green while 50 ended with double-digit rise. Here are the top 10 weekly performers: [...]
Share markets posted modest weekly gains with 64% of BSE 500 stocks closing positive. Dilip Buildcon led gainers with 18%, while Godfrey Phillips India topped losers with 9%. Sectoral strength [...]
Gold prices have surged past $3,600 globally and ₹1,09,000 in India, driven by recession fears, U.S. policy uncertainty, geopolitical tensions, and shifting global power dynamics that reinforce gold’s role as [...]
The GST Council’s move to exempt retail health and life insurance from 18% tax will lower premiums, boost affordability, and accelerate penetration, positioning insurers for stronger growth despite short-term transition [...]
Infosys announced its biggest-ever Rs 18,000-crore share buyback, offering Rs 1,800 per share — nearly an 18% premium to market price. This is its first tender-route buyback since 2017 and [...]
Domestic brokerage firm Motilal Oswal has picked its top 5 bets on a fundamental basis for a horizon of 1 year, with an upside potential of up to 23% from [...]
AMFI data shows retail investors dangerously overweight in mid- and small-cap funds despite stretched valuations, while large-cap allocations remain underweight. Valuation multiples highlight rising risks, with experts warning of fragility, [...]
Sebi’s new SWAGAT-FI framework offers “diplomatic passport” status to trusted foreign investors like sovereign funds and pensions, easing entry, extending registration validity to 10 years, and simplifying compliance — a [...]
A total of 11 BSE 200 stocks — including Samvardhana Motherson, Adani Energy Solutions and HAL — gained for five straight sessions as Sensex rallied 1.5% in five days. [...]
As of August 2025, 232 stocks were held by over 100 mutual fund schemes. Yet nearly 100 of them have delivered negative returns in CY25. [...]
European shares closed the week mostly higher. Investors were cautious about France's credit rating. Healthcare stocks saw losses, with Novartis and Zealand Pharma declining. Aerospace and defence stocks rose due [...]