Economic & Finance News
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'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 [...]
Market News
Primary markets brace for a hectic week as nine IPOs open across the mainboard and SME segments. Grey market premiums remain selective, with standout interest in select SME counters. [...]
In FY26, 10 penny stocks surged 50–205%, with four multibaggers. [...]
Nifty ended the week 0.4% higher, aided by gains in financials and metals, with the index rising 117 points on Friday to close at 25,571. As markets reopen on Monday, [...]
Nifty ended the week in a consolidative range, reflecting caution ahead of Monday’s open after the US Supreme Court verdict. Markets are watching for breakout momentum, with key sectors showing [...]
Foreign institutional investors (FIIs) turned net buyers in February, investing Rs 16,912 crore amid improved Q3 corporate earnings. While outflows hit Rs 35,962 crore in January, buying returned across financial [...]
Indian markets are set for a strong start following a US Supreme Court ruling. This decision removes Donald Trump's sweeping tariffs, benefiting export sectors like gems, jewellery, textiles, marine products, [...]
India’s AI revolution will rely less on code and more on massive infrastructure—power, fibre, cooling, chips, data centres and long-term capital. With a ₹200 lakh crore investment opportunity ahead, India’s [...]
Markets ended higher despite volatility, with Nifty consolidating in a narrow range. FII positioning shows gradual short covering but remains cautious. IT stocks stay under pressure, while banking and PSU [...]
Sunil Singhania’s Abakkus portfolio shows a mixed FY26 performance, with seven stocks gaining over 30% and some declining sharply. The portfolio value has moderated, while two new additions were made [...]
India's steel sector shines globally with robust domestic demand and expanding capacity. It is the world's fastest-growing steel market. Projections show significant volume growth through FY28. Infrastructure, real estate, and [...]
Despite a marginal gain in the Sensex over five sessions ending February 20, weakness persisted in the broader market. As many as 63 BSE Smallcap stocks declined throughout the period, [...]
State Bank of India is exploring partnerships with Japanese banks for merger and acquisition financing. New regulations permit Indian banks to fund up to 75% of domestic M&A deals. SBI [...]
On Friday, Indian stock markets experienced a notable bounce back, partially reversing previous losses. Nevertheless, escalating global tensions, especially those involving the US and Iran, led to a more cautious [...]
A significant US Supreme Court ruling has dismantled former President Trump's broad tariffs, sparking a rally in global markets, including India's Gift Nifty. This decision, rejecting the use of emergency [...]