Economic & Finance News
S&P's upgrade of India's sovereign credit rating to 'BBB' is projected to lower overseas borrowing costs for Indian companies and non-bank lenders. Top-rated firms could see savings of 10-20 basis [...]
S&P upgraded India's sovereign credit rating to 'BBB' with a stable outlook, marking the first upgrade in 18 years. The upgrade reflects India's robust economic growth, commitment to fiscal consolidation, [...]
S&P's credit rating upgrade for India is poised to accelerate foreign capital inflows, particularly into the debt market, and reduce borrowing costs for the government and corporations. The upgrade reflects [...]
India's market regulator, SEBI, faced challenges in investigating Jane Street for alleged market manipulation in derivatives trading, despite early warnings from the NSE. The probe, initiated after surveillance alerts, was [...]
India stands at a pivotal moment in its economic trajectory, and its next billion will play an outsized role in redefining the future. To harness this momentum-where emerging technologies like [...]
The Reserve Bank of India (RBI) has likely intervened in the offshore rupee market with an estimated $5-$6 billion in the past two weeks to curb the rupee's depreciation. This [...]
The Comptroller and Auditor General (CAG) has revealed that the Centre failed to transfer approximately ₹3.69 lakh crore in cess collections to designated reserve funds by March 31, 2024. These [...]
Government officials said there was no cause for worry as they expect collections to pick up from next month and meet the projections for the fiscal year. Economists also expect [...]
The finance ministry has issued a corrigendum to the Income Tax Bill, clarifying the interest to be levied on short payment of advance tax. The amendment aligns the bill with [...]
India's net direct tax collections witnessed a 3.95% year-on-year decline, reaching Rs 6.64 trillion between April 1 and August 11, primarily due to increased tax refunds. Gross direct tax collections [...]
A parliamentary committee suggests a phased approach to the digital competition law. The law aims to regulate Big Tech companies. The committee wants to prevent inadvertently capturing domestic firms. They [...]
Central GST officers in Karnataka uncovered a significant surge in tax evasion, detecting Rs 39,577 crore in the 2024-25 fiscal year. This represents a five-fold increase compared to the previous [...]
RBI Deputy Governor Swaminathan Janakiraman emphasized that financial inclusion initiatives, like Re-KYC camps, empower individuals through financial literacy, going beyond mere banking access. Indian Bank organized a Financial Inclusion Saturation [...]
The Income-Tax Bill, 2025, intended to modernize India's tax system, has been withdrawn following recommendations from a Parliamentary Select Committee. A revised version, incorporating suggestions including changes to beneficial ownership, [...]
Nabard and RBI are actively promoting financial literacy among India's rural population through various initiatives. These include financial literacy camps, digital literacy programs, and the establishment of Centre for Financial [...]
Market News
UnitedHealth Group's shares experienced a significant surge following Berkshire Hathaway's new investment, signaling investor confidence amidst ongoing challenges. The health conglomerate has faced rising costs, federal investigations, a cyberattack, and [...]
The Dow briefly reached a record high, propelled by UnitedHealth's surge following Berkshire Hathaway's increased stake. Investors are analyzing mixed economic data to predict the Federal Reserve's monetary policy path. [...]
Berkshire Hathaway made a surprising $1.6 billion investment in UnitedHealth Group during the second quarter, even as the insurer faced challenges. Simultaneously, the conglomerate reduced its holdings in Apple and [...]
Radhika Gupta, MD and CEO of Edelweiss Mutual Fund, celebrated India's Independence Day. She recalled her return to India in 2009. Despite warnings of lost opportunities in the US, she [...]
US tariffs could slash India’s exports by $35 billion, hitting sectors like textiles, gems, and agriculture. A 10-point plan—spanning export diversification, infrastructure overhaul, tourism, tax reforms, and GCC expansion—offers a [...]
European shares hit a near five-month high on Friday, as investors looked past a U.S. inflation spike and drew support from a largely positive earnings season. [...]
Australian shares closed at an all-time high on Friday, capping a week that delivered multiple record peaks after a central bank rate cut and a wave of strong corporate earnings [...]
NSDL shares have declined following its Q1 results, despite a rise in net profit and strong margins. Revenue drop and valuation concerns triggered profit-taking, with analysts noting crucial support levels. [...]
While Warren Buffett has been a net seller of stocks in recent years, 2025 has seen him deploy billions into select opportunities he deems worthy of a long-term hold. [...]
Over the past year, 21 smallcaps more than doubled investor wealth, delivering returns above 100% despite market volatility. [...]
M&M outpaced India’s tractor industry with 10.5% Q1FY26 volume growth, expanding market share to 45.2% across all HP segments. Strong demand in 41–50HP tractors, regional gains in East and West [...]
Market volatility can be unsettling, but patience is an investor’s greatest ally. By staying invested, embracing long-term horizons, diversifying, and reinvesting returns, investors can harness compounding, ride out downturns, and [...]
Australian shares crossed the key 8,900 level for the first time on Friday, buoyed by gains in major banks as investors piled into financials despite stretched valuations on hopes that [...]
The market rebounded after a six-week losing streak, fueled by strong domestic institutional investor inflows and benign inflation. Nifty50 Q1FY26 results met expectations, while global cues, including softer US inflation [...]
The “Tricolor Portfolio” approach aligns equity for growth, debt for stability, and hybrid funds for balance, creating a resilient, diversified investment strategy. This blend helps investors pursue long-term wealth creation [...]