Economic & Finance News
Private sector capital expenditure is projected to surge by 66.3% to Rs 6.6 lakh crore in FY25, marking a peak between FY22 and FY26. While a slight dip to Rs [...]
India's payments authority, central bank, and industry are urging the government to allow a fee on digital payments to large merchants via UPI. This Merchant Discount Rate (MDR) aims to [...]
Reserve Bank Governor Sanjay Malhotra has urged US industry leaders to invest in India, highlighting its position as the fastest-growing major economy. He emphasized India's policy consistency, stable macroeconomic fundamentals, [...]
India's direct tax collections demonstrated substantial growth, climbing 15.59% to reach Rs 27.02 lakh crore in FY24-25, driven by increased corporate and non-corporate tax revenues. A significant surge in securities [...]
The government has established Goods and Services Tax Appellate Tribunal (GSTAT) rules mandating e-filing and hybrid hearings. Urgent matters filed before noon will be listed the next day, streamlining dispute [...]
The Reserve Bank of India's relaxed liquidity coverage ratio guidelines are projected to release up to 3 trillion rupees, potentially boosting credit growth by as much as 2 percentage points. [...]
Central and state GST officers uncovered 25,009 fake firms involved in fraudulently passing input tax credit (ITC) worth Rs 61,545 crore during 2024-25. Authorities recovered Rs 1,924 crore and arrested [...]
Goldman Sachs reports that India's private sector capital expenditure may decline due to global tariff uncertainty, potentially impacting capital goods and infrastructure sectors. While India's GDP has been resilient, exports [...]
The Indian government has refuted rumors about imposing GST on UPI transactions exceeding Rs 2,000, dismissing the claims as baseless and misleading. The government reaffirmed its commitment to promoting digital [...]
India's state-backed bad bank, NARCL, is aiming to acquire stressed assets worth ₹10,000 crore in the first quarter of FY26. Offers have been made for companies like BGR Energy and [...]
Reserve Bank of India will not activate the countercyclical capital buffer. The decision comes after reviewing relevant indicators. The framework was introduced in February 2015. It aims to ensure banks [...]
Indian tax authorities are scrutinizing foreign portfolio investors (FPIs) from Mauritius, requesting their tax residency certificate (TRC) applications to verify 'substance.' This move aims to check potential treaty benefit abuse, [...]
India plans to refinance multilateral debts for key infra projects. This move aims to protect projects from expensive foreign loans and strict conditions. Indian Railway Finance Corporation may refinance loans [...]
Rich Indians' tax: A recent study reveals a concerning trend in India: the wealthiest individuals report significantly lower incomes relative to their vast wealth, leading to minimal tax contributions. This [...]
Economists believe record high dollar sales by the Reserve Bank of India (RBI) to protect the rupee's exchange rate and interest earned from large scale liquidity operations have boosted the [...]
Market News
The 30-share BSE Sensex was down 26.62 points at 80261.76 [...]
Pakistani stocks and bonds face their worst month since 2023. Tensions with India escalate, impacting investor confidence. Information Minister Attaullah Tarar suggests potential Indian military action. India accuses Pakistan of [...]
The 30-share BSE Sensex was down 37.35 points at 80251.03 [...]
The NSE Nifty index was trading 7.16 points down at 24328.8 [...]
The Nifty Pharma index was trading 0.93 per cent up at 21879.3. [...]
Paras Defence shares have jumped 40.5% in just three days ahead of its Q4FY25 results and a potential stock split, both set to be announced today. The rally is also [...]
The 30-share BSE Sensex was down 92.95 points at 80195.43 [...]
The 30-share BSE Sensex was up 3.97 points at 80292.35 [...]
Jana Small Finance Bank's shares declined by 2.6% following a 61.6% year-over-year drop in Q4 net profit, which stood at Rs 123.50 crore. Despite this, the lender's PAT increased by [...]
Kilitch Drug, Chambal Fertilisers, Mangalore Chem, Max Financial and Silver Touch Tech, hit their fresh 52-week highs at 10:19AM. [...]
Ambuja Cements shares:The company’s EBITDA for Q4 stood at Rs 1,868 crore, marking a 10% year-on-year increase, with margins holding steady at 18.9%. EBITDA per tonne was Rs 1,001, excluding [...]
JM Financial maintains a buy call on Maruti Suzuki, revising the target price to Rs 13,300 due to new plant costs and commodity headwinds. While Q4FY25 results showed revenue growth, [...]