Economic & Finance News

India's economy shows resilience in January: RBI bulletin highlights strong growth and favorable outlook

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 tables Rs 4.08 lakh cr Budget, 10.2% higher compared to last year

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 [...]

States urged to expedite capex proposals, use up funds before March 31

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 [...]

Cash craze: Currency in circulation touches record Rs 40 lakh crore

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 Malhotra urges MSMEs to formalize, digitize, and maintain credit discipline for resilience

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 [...]

For $10 trillion GDP by 2035, India needs to draw on patient capital: Spark Capital CEO Rama Rao at ET Now GBS

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 [...]

Tokyo to Mumbai: The Japanese are pouring big money into India

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 [...]

CPSEs, Railways, NHAI, DMRC maintain capex momentum, spending nears ₹6.7 Lakh crore

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. [...]

GST summons are for inquiry, don't amount to detention: HC

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 [...]

Unclaimed bank deposits of Rs 72,454 crore lying with DEA Fund: MoS Finance

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 [...]

Govt flags backlog of 24.6 lakh ITRs pending beyond 90 days

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. [...]

King dollar risks losing its crown to an Asian mutiny

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, [...]

New EPFO app to allow members to withdraw EPF money through UPI

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 [...]

Govt to form panel to align tax, accounting rules and cut India Inc compliance burden

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 [...]

RBI ‘very comfortable’ with gold loan exposure despite sharp volatility in prices, says Guv Sanjay Malhotra

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 [...]

Market News

Bharat Dynamics shares fall 3% amid selling pressure in defence PSUs

Bharat Dynamics shares fell over 3% amid profit booking and broader weakness in defence PSU stocks. Several peers also declined, while select counters saw buying interest. The stock remains under [...]

Up to 65% derating possible! Jefferies downgrades Infosys, TCS, 4 other IT stocks

Jefferies has downgraded major Indian IT stocks, including Infosys and TCS, warning of up to 65% valuation downside in a worst-case AI disruption scenario. The brokerage flagged structural risks to [...]

Textile stocks trade mixed as Gokaldas slips 4%, Kitex rallies 11% on US Supreme Court tariff verdict

Textile stocks saw mixed trading as US tariff uncertainties persisted. While some companies like Kitex Garments surged, others faced declines. President Trump's revised global tariffs, invoked under a rarely used [...]

UPL shares drop 10% after restructuring announcement, Nuvama downgrades to ‘Hold’

UPL shares fell 10% after announcing a restructuring to merge global crop protection units into UPL Global, alongside a downgrade by Nuvama to Hold. While the move may unlock value, [...]

IDFC First Bank fraud: How a Rs 590 crore hit erased Rs 14,000 crore in investor wealth

IDFC First Bank's market capitalization plummeted by Rs 14,438 crore after a Rs 590 crore fraud at its Chandigarh branch. Employees allegedly conducted unauthorized transactions in Haryana state government accounts, [...]

Fading vibes: Internet stocks fall up to 28% so far in 2026. Brokerages back Paytm, Groww, 5 more after Q3

Indian internet companies showed mixed Q3 results, with some reporting strong revenue and profit growth while others struggled. Despite a general decline in stock prices, brokerages remain optimistic about select [...]

AI scare for SIP investors: Will a prolonged slump in IT stocks affect mutual fund returns?

Indian retail investors are worried as IT stocks face a sharp correction due to artificial intelligence fears. This downturn could impact mutual fund returns, affecting both lump sum investments and [...]

Sensex surges over 600 pts, Nifty above 25,700; US tariff ruling, 4 other factors fuel rally

Indian stock markets surged on Monday, with the 30-stock index and Nifty both trading significantly higher. This positive movement was a direct reaction to the US Supreme Court's Friday decision [...]

Ola Electric shares in focus amid plans to cut physical stores

Ola Electric plans to cut its store network to 550 outlets amid declining market share and operational challenges. The company reported weaker sales and continued losses, though slightly improved year-on-year. [...]

HCL Tech Share Price Live Updates: HCL Tech Receives New Recommendation from Motilal Oswal
L&T Share Price Live Updates: L&T's beta showcases its market responsiveness
UPL Share Price Live Updates: UPL shares drop 10% after restructuring announcement, Nuvama downgrades to ‘Hold’
Infosys Share Price Live Updates: Infosys' 3-month returns indicate a challenging market
How retail investors are playing a risky game by swimming against the market tide to survive Nifty bears

Indian retail investors are making bold moves in the stock market. They are buying stocks that have fallen in value and selling those that have performed well. This strategy, while [...]

Wipro Share Price Live Updates: Wipro's 3-Month Performance