Economic & Finance News
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 [...]
In October, the Goods and Services Tax collections soared to Rs 1.95 lakh crore, marking a 4.6% rise compared to the previous year. Notably, this increase transpired even with substantial [...]
India's Goods and Services Tax Appellate Tribunal, GSTAT, is now operational after an eight-year wait. This new body promises faster dispute resolution for businesses and tax professionals. It aims to [...]
Goods and Services Tax collections saw a 4.6% increase in October, reaching Rs 1.96 lakh crore. This growth indicates robust economic activity and consumer spending during the festive season. Net [...]
The growth of India's maritime industry is hindered by a lack of robust financing avenues. Shipowners are encountering challenges with banks hesitating to fund vessel acquisitions. Meanwhile, port developers are [...]
In the first half of FY2025-26, government finances reflect a widening fiscal deficit. A notable increase in capital expenditure has driven significant infrastructure development. [...]
India's goods and services tax collections are strong even after recent rate cuts. This gives the government confidence in meeting budget estimates. The reforms are supporting local consumption and government [...]
The Indian Ayurveda economy is currently valued at 43 billion US dollars. It is projected to contribute five percent to India's GDP by 2047. Investment proposals worth 1.2 billion US [...]
In a strategic move to strengthen Himachal Pradesh's fiscal framework, Chief Minister Sukhvinder Singh Sukhu engaged with Union Finance Minister Nirmala Sitharaman, advocating for a significant increase in the state's [...]
Market News
Tata Steel Q2 Results: Tata Steel on Wednesday reported a 272% jump in its consolidated Q2 net profit at Rs 3,102 crore versus Rs 833 crore in the year ago [...]
Domestic institutional investors reduced stakes in key NSE midcap stocks during the September 2025 quarter, signaling cautious sentiment. Major declines were seen in Yes Bank, HDFC AMC, IndusInd Bank, Hero [...]
The Indian markets regulator's chairperson and senior officers should disclose their assets and liabilities publicly to boost transparency and accountability, a panel recommended on Wednesday. [...]
Asian Paints shares hit a fresh 52-week high of Rs 2,838.70 on Wednesday, closing up 6.6% at Rs 2,832 on the NSE. The rally came after the company reported a [...]
Nine large-cap stocks, including Asian Paints and Adani Ports, touched their 52-week highs as Sensex surged 595 points, signalling bullish momentum with gains of up to 25% in a month. [...]
India's markets regulator is planning more reforms to woo foreign investors, including speeding up registration, reducing the cost of trading in the cash equities market and making it easier to [...]
A committee of India's markets regulator has recommended requiring the chairman and senior officers to publicly disclose their assets and liabilities, to boost transparency and accountability. [...]
HAL Q2 Results: Hindustan Aeronautics Ltd (HAL) reported a 10% year-on-year rise in Q2 net profit to ₹1,669 crore, with revenue up 11% to ₹6,629 crore. Sequentially, PAT jumped 21% [...]
SpiceJet Q2 Results: Budget carrier SpiceJet widened its consolidated net losses in the September quarter to Rs 621 crore compared to the net loss of Rs 458 crore in the [...]
HAL shares slipped on Wednesday after the Q2 results as margins fell short of guidance despite a 10% rise in profit. Revenue growth met expectations, but cost pressures hit operating [...]
Asian Paints Q2 Results: Asian Paints announced a strong performance for the September quarter. Net profit surged 43% year-on-year to Rs 994 crore. Revenues grew 6% to Rs 8,514 crore. [...]
Goldman Sachs has turned bullish on India, upgrading it to ‘Overweight’ and predicting Nifty at 29,000 by end-2026. The brokerage identified 14 stocks across sectors — including Titan, Reliance, Maruti [...]
As of October 2025, data shows that 241 stocks were held by over 100 mutual fund schemes, indicating widespread institutional interest. [...]
Allcargo Logistics’ demerger of its international supply chain business into a new listed entity, Allcargo Global, takes effect today. Shareholders will receive one Allcargo Global share for every Allcargo Logistics [...]
Hero MotoCorp is expected to post strong Q2 results, driven by festive demand, volume recovery, and a richer product mix. Brokerages project double-digit growth in revenue and profit, aided by [...]