Economic & Finance News
India and France have updated their tax treaty. This agreement changes how dividends are taxed between the two nations. French companies with large stakes in Indian firms will see a [...]
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 [...]
Market News
US imposition of a 125.87% countervailing duty on Indian solar modules is set to impact domestic companies by potentially lowering module prices. Exporters may redirect unsold inventory to India, while [...]
The government is selling a stake in Indian Railway Finance Corporation. Analysts suggest caution for investors. The offer for sale aims to meet public shareholding norms. The floor price offers [...]
Equities advanced on Wednesday amid positive global cues, though trade uncertainties kept sentiment cautious. Analysts anticipate a range-bound market, guided by macro developments and sector-specific catalysts, with immediate support at [...]
Markets closed higher despite initial volatility on the first day of the new expiry series, though analysts suggest potential for further downside. Several companies like IRFC, Adani Ports, Lodha Developers, [...]
Vedanta's board has greenlit a ₹3,000 crore fundraising initiative via unsecured, rated, and listed non-convertible debentures. These instruments, with a face value of ₹1,00,000 each, are slated for listing on [...]
Promoter Hari Khemka Business Family Trust and Dixon Technologies divested shares of Aditya Infotech (CPPLUS) worth ₹920.8 crore in bulk deals. The entities sold 62.6 lakh shares at ₹1,470 each, [...]
India is building a transparent, well-governed, and investable stock market to attract long-term institutional capital, according to Sebi chief Tuhin Kanta Pandey. He highlighted that the country offers scale and [...]
India's market regulator is intensifying its watch on stockbrokers' dealing rooms. This move aims to curb front running, a practice where employees exploit insider knowledge of large trades for personal [...]
The Securities Appellate Tribunal has postponed a key hearing. This case involves US trader Jane Street and market regulator Sebi. Sebi had previously imposed a hefty fine and trading ban [...]
Metal stocks surged over 7% on Wednesday, driven by firm base metal prices and reduced uncertainty over US tariffs. Analysts suggest buying on dips, anticipating up to 25% upside. Companies [...]
Indian IT stocks saw a brief rebound on Wednesday, ending a losing streak. However, analysts caution this relief might be temporary. Most derivative bets remain bearish after the IT index's [...]
The Reserve Bank of India has called in senior Yes Bank executives after a major security incident involving the Yes Bank–BookMyForex multi-currency forex card. According to reports, card numbers and [...]
The microfinance sector is consolidating after a period of stress. Private banks and NBFC-MFIs have increased their lending portfolios. While the overall market saw a slight dip, early delinquency rates [...]
Credit card spending in India moderated in January to Rs 1.99 lakh crore, down from December's festival-led high but up over 8% year-on-year. This indicates a normalization of growth after [...]
Indian indices closed mildly higher as IT and auto stocks supported gains, while financials, FMCG, and energy limited upside. Nifty traded sideways near key moving averages, with volatility remaining elevated [...]