Economic & Finance News
The Asian Development Bank has approved an $846 million loan to India to modernize 650 Industrial Training Institutes and five National Skill Training Institutes. This initiative aims to create a [...]
Launched in 2015, the Pradhan Mantri MUDRA Yojana has successfully distributed Rs 34 lakh crore in collateral-free loans, reaching over 55 crore beneficiaries. With the aim of bridging the funding [...]
The Asian Development Bank has approved a $400 million results-based lending program for Maharashtra to develop climate-resilient, low-carbon, and safe road networks. This initiative will expand all-weather roads in 34 [...]
India needs to re-evaluate its curbs on Chinese foreign direct investment, Economist Sajjid Chinoy said. He believes allowing Chinese capital would boost domestic demand and job creation, contrasting it with [...]
The Indian rupee celebrated a remarkable recovery, showcasing its most significant one-day increase in a month by settling at 89.23 to the US dollar. The Reserve Bank of India's preemptive [...]
The government anticipates a slight dip in tax collections this financial year. This is due to recent Goods and Services Tax rate reductions and global economic challenges affecting corporate profits. [...]
Afghanistan's commerce minister has invited Indian investors to explore opportunities in mining, agriculture, health, and IT. Preferential tariffs and tax exemptions are being offered. Air cargo services between Kabul and [...]
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 [...]
Market News
GAIL's share price dropped sharply on Friday after PNGRB announced a lower-than-expected tariff revision for its natural gas pipeline network. The regulator raised tariffs to Rs 77.98/MMBTU but deferred full [...]
Patel Engineering shares fell nearly 5% to Rs 35.58 on Friday after a sharp two-day rally. The stock had surged nearly 20% earlier in the week following the award of [...]
Sudeep Pharma debuted strongly on D-Street with nearly 24% listing gains, aligning with grey market expectations. The Rs 895-crore IPO saw robust demand, subscribing 93.71 times. Strong institutional interest, solid [...]
Thyrocare Technologies’ shares slumped 66.7% to ₹492 on Friday as they began trading ex-bonus for the recently announced 2:1 bonus issue. The sharp drop is a normal adjustment due to [...]
Mahindra & Mahindra shares surged following Nomura's Buy rating and a Rs 4,335 price target, driven by the launch of the feature-rich XEV 9S at a disruptive price. The brokerage [...]
Motilal Oswal has identified five stocks with significant upside potential, including Tata Steel, Coforge, Max Financial Services, TVS Motor Company, and Bharat Electronics. These recommendations come as the Nifty 50 [...]
Foreign investors are heavily investing in India's telecom sector, pouring ₹43,000 crore into it. This surge is driven by expected tariff hikes, rising average revenue per user (ARPU), and the [...]
Indian stocks opened slightly higher on Friday, with both the Sensex and Nifty hovering near their all-time highs. Investors are anticipating interest-rate cuts in the U.S. and India, while also [...]
A 5-year swing high marks the highest price a stock has reached in the past five years and often acts as a significant resistance level. [...]
Emcure Pharmaceuticals' shares could see action following a Goods and Services Tax search at its Mumbai offices. The inspection concluded this week. The company recently reported a robust rise in [...]
Zydus Lifesciences is set to be in focus after it received tentative approval from the United States Food and Drug Administration for Empagliflozin and Linagliptin combination tablets for type 2 [...]
On November 27, four stocks in the Nifty500 that gained over 3% appeared in the RSI Trending Up scan, according to data from StockEdge. [...]
Futures open interest surged over 10% in five NSE F&O stocks, signalling fresh positions and heightened market participation. [...]
In the Nifty500 pack, 10 stocks saw their closing prices fall below their 200-day moving average (200 DMA) on November 27, according to technical scan data from StockEdge. [...]
We have collated a list of stocks recommendations from top brokerage firms from ETNow and other sources. [...]