Economic & Finance News
Minister Piyush Goyal is meeting investors today. The discussions aim to speed up foreign investment processes. This will boost job creation and bring new technologies. It will also promote research [...]
The Sixteenth Finance Commission has presented its tax division recommendations to President Droupadi Murmu. The report outlines how the tax pool will be shared between the Centre and states for [...]
The Central Board of Direct Taxes (CBDT) will release simplified Income Tax return forms and rules for the new Income Tax Act, 2025, by January 2026. Chairman Ravi Agrawal assured [...]
Economic Affairs Secretary Anuradha Thakur highlighted the financial sector's crucial role in India's economic transformation and sustained growth. She emphasized joint government-private action to strengthen the corporate bond market, expand [...]
India is confident it will meet its direct tax collection target of ₹25.2 trillion ($284.39 billion) for this financial year, Ravi Agrawal, chairman of the Central Board of Direct Taxes, [...]
Naidu, who retook control of the state in 2024 for a fourth term, scored a big win last month when Alphabet Inc.’s Google announced it would invest $15 billion in [...]
Microfinance institutions are urged to maintain fair interest rates. The Department of Financial Services secretary expressed concern over declining loan accounts and outstanding amounts. MFIs play a crucial role in [...]
The cabinet has given the green light to a financial package of Rs 45,060 crore aimed at bolstering exporters. A significant portion of this, specifically Rs 20,000 crore, will be [...]
India's net direct tax collection reached Rs 12.92 lakh crore, marking a 7% year-on-year increase as of November 10. Gross collections rose by 2.15% to Rs 15.35 lakh crore, while [...]
Andhra Pradesh's cabinet has approved investment proposals totaling Rs 1 lakh crore. These initiatives aim to boost the state's development and create jobs for its youth. Major projects include IT [...]
Industry lobby CII has urged the government to create a new India Development and Strategic Fund. This professionally managed fund aims to finance India's long-term growth and secure critical economic [...]
A report by PRS Legislative Research indicates that most states have experienced a decline in aggregate revenue from taxes subsumed under GST, falling from 6.5% of GDP pre-GST to 5.5% [...]
Investments in digital gold such as ETFs and similar products rose to 221 tonnes, up 134% on year, says WGC Report. [...]
India Post Payments Bank will now offer doorstep digital life certificate services to EPFO pensioners. This collaboration leverages India Post's extensive network of post offices and postal service providers. Pensioners [...]
For India, maintaining fiscal discipline will depend on sustaining strong non-tax inflows and ensuring the government’s capex push continues to translate into higher private investment and consumption -- critical for [...]
Market News
Indian markets recovered from early losses as renewed foreign inflows and strong IT stocks, led by Infosys, boosted the Sensex and Nifty. Optimism over an India–U.S. trade deal, supportive global [...]
Wall Street stocks inched up early Wednesday as investors await an earnings report from AI chip powerhouse Nvidia and minutes from the US central bank's most recent interest-rate meeting. [...]
Nvidia’s quarterly earnings will dominate Wall Street as analysts expect strong revenue and EPS growth. While AI optimism is high, experts warn that much of the good news may already [...]
LIC has pared its stake in BPCL from 8.75% to 6.75% even as the state-run refiner delivered a strong Q2FY26 performance. BPCL’s net profit surged 169% to Rs 6,442 crore, [...]
Markets ended mixed on Wednesday as strong IT sector gains lifted benchmark indices, while newly listed stocks like Groww and Waaree Energies slipped due to profit booking and negative triggers [...]
The judge further said, "Every day we are seeing double standards of SEBI. In one of the matters where I constituted a high-powered committee, your stand was that only SEBI [...]
Adani Enterprises completed a Rs 4,646 crore off-market sale of a 13% stake in AWL Agri Business to Wilmar’s subsidiary Lence, revising shareholdings and terminating the earlier shareholders’ agreement while [...]
Eight BSE 100 stocks, including Bharti Airtel and Hero MotoCorp, hit new 52-week highs as the Sensex surged. Recent gains ranged from 5% to 20%, signalling strong market momentum and [...]
The dollar swung between gains and losses against major peers as investors awaited key U.S. economic data and commentary from Federal Reserve officials to gauge the U.S. monetary policy path [...]
Sammaan Capital shares dropped sharply after the Supreme Court ordered the CBI to file an FIR. The court criticized the CBI and Ministry of Corporate Affairs for a 'friendly approach'. [...]
Indian stock markets rallied strongly on Wednesday, with both Sensex and Nifty recovering from early dips. A surge in foreign investment and a comeback by key IT companies bolstered investor [...]
Microcap stocks with strong mutual fund ownership are surging in FY26, with 13 names up 70–150% and five already delivering multibagger returns. [...]
Infosys is set to launch its Rs 18,000-crore share buyback on November 20, closing on November 26. The buyback allows the IT giant to repurchase up to 10 crore shares [...]
Three of India’s newest stock market entrants hit their first real stretch of turbulence on Wednesday, as volatile swings, brisk profit-taking and an unusual auction-triggering short squeeze tested investor conviction. [...]