Economic & Finance News

Afghanistan woos Indian investors with tax sops, reopens air cargo route

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 [...]

Piyush Goyal meeting stakeholders to discuss ways to promote FDI, FII

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 [...]

16th Finance Commission submits report to President Droupadi Murmu

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 [...]

I-T return forms, rules under simplified Income Tax Act, 2025 to be released by January 2026

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 [...]

Financial sector to aid next phase of transformation, says DEA secy Anuradha Thakur

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 [...]

Hopeful of meeting FY26 direct tax collection target: CBDT Chairman

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, [...]

N Chandrababu Naidu sees Google unleashing $1 trillion boom

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 [...]

Boost financial inclusion with fair rates: DFS Secy to MFIs

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 [...]

India likely to allocate $227.5 million for exporters' credit guarantee in FY26

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 up 7% in FY26 so far to Rs 12.92 lakh crore

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 cabinet approves investment proposals worth Rs 1 lakh crore

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 [...]

CII urges govt to establish India Development and Strategic Fund to finance growth

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 [...]

Revenue of states from taxes subsumed under GST declined for most: PRS report

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% [...]

Gold buying by central banks up 10% in Q3

Investments in digital gold such as ETFs and similar products rose to 221 tonnes, up 134% on year, says WGC Report. [...]

IPPB to provide doorstep digital life certificate services to EPFO pensioners

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 [...]

Market News

Karnataka Bank bulk deal: Cupid CMD Aditya Kumar Halwasiya picks up Rs 71 cr stake in Quant MF-backed lender

Aditya Kumar Halwasia acquired 38 lakh shares in Karnataka Bank for Rs 71 crore, a deal executed at a premium. The smallcap lender, supported by Quant Mutual Fund, saw its [...]

No detrimental long term impact of gig worker code, engaging with Govt: Eternal tells shareholders

Eternal, a food delivery and quick-commerce platform, has stated that the new social security code will not negatively impact its long-term business prospects. The company is actively seeking clarity from [...]

Yes, you should time the markets! Shankar Sharma explains when

Shankar Sharma, founder of GQuant FinXray, argues that timing the macro cycle is essential for investment success, stating that most returns are driven by market trends. He points to the [...]

Rs 23 lakh crore boom! PMS and AIFs power India’s alternate investment transformation

India's alternative investment sector is booming, with PMS and AIFs now managing over Rs 23.43 lakh crore. This remarkable growth, fueled by institutional investors and affluent individuals seeking alpha, has [...]

Corporate actions: HDFC AMC, Thyrocare Technologies shares to trade ex-bonus next week. Check details

HDFC Asset Management Company and Thyrocare Technologies will trade ex-bonus next week. Record dates are set for November 26 and November 28. HDFC AMC offers a 1:1 bonus share. Thyrocare [...]

FII selling moderates to Rs 3,788 crore in Nov so far, 2025 outflows at Rs 1.43 lakh cr. These 3 trends to suggest reversal

Foreign investors continue to sell Indian shares. November saw outflows of Rs 3,788 crore. This follows significant selling throughout 2025. Experts note improved sentiment but tentative flows. Valuations and earnings [...]

Concurrent Losers: 14 midcap stocks decline for 5 consecutive sessions

During this period, 14 stocks from the BSE Midcap index fell in all five consecutive sessions. [...]

Wild ride on Wall Street as the crypto crash spooks risk complex

Markets showed signs of strain this week. Risky trades like crypto and AI stocks saw sharp declines. This sudden sell-off and quick recovery highlighted how fragile the current market cycle [...]

Fundamental stock picks: Radhakishan Damani-owned Dmart, Nestle among 8 stocks that offer up to 23% upside

The stocks offer up to 23% upside. Check the stocks and reasons to buy. [...]

Ashish Dhawan's stock picks struggle: 5 stocks tumble up to 70% in CY25 — Do you own any?

These investments represent positions where his stake exceeds 1%. A closer look at these holdings shows that seven stocks delivered negative returns, five of them have declined between 20% and [...]

5 world market themes for the week ahead

Global markets face a busy week with key events including the G20 summit, the UK budget announcement, and Alibaba's earnings report. U.S. consumer spending will be under scrutiny with Black [...]

Black Friday puts focus on consumer spending for rocky markets

Investors are closely watching U.S. consumer spending this week, especially Black Friday sales, as the stock market faces a grim November. With limited recent data due to a government shutdown, [...]

BOJ close to raising rates, board member Masu says -Nikkei

The Bank of Japan is signaling a near-term interest rate hike, with a board member suggesting a decision is imminent and won't wait for next year's wage talks. This follows [...]

Bubble Trouble: AI rally shows cracks as investors question risks

Recent stock market swings reveal potential cracks in the artificial intelligence rally. High valuations in AI stocks are causing concern about a speculative bubble. Investors are watching for signs of [...]

Wall Street indexes jump as rate cut bets increase but suffer losses for week

Indian markets surged Friday as traders anticipated a Federal Reserve interest rate cut next month, boosting sentiment. Despite weekly losses amid tech valuation worries, Nvidia saw a jump on potential [...]