Economic & Finance News

India to ensure its record borrowing plan doesn't disturb markets, economic affairs secretary says

India will borrow a record amount in the upcoming fiscal year. The government plans to use bond switches and other tools to manage the market. This approach aims to keep [...]

Centre, RBI weigh linking UPI with Singapore’s Alipay+ for cross-border payments

India is considering a proposal to link its Unified Payments Interface (UPI) with Singapore's Alipay+ to facilitate cross-border digital payments. This potential integration would allow seamless transactions for Indian travelers [...]

DIPAM secretary: Rs 80,000 crore target high but achievable

The government aims to raise ₹80,000 crore through disinvestment and asset monetisation in FY27. DIPAM secretary Arunish Chawla expressed confidence in meeting this ambitious target. Plans are underway to unlock [...]

RBI says 98.42 pc of withdrawn Rs 2,000 banknotes returned

The Reserve Bank of India reports that 98.42 percent of Rs 2,000 banknotes have been returned. This withdrawal began on May 19, 2023. The total value of these notes in [...]

Budget 2026: Customs reforms to spur competitiveness, exports, says CBIC Chairman

The board will also expand the duty deferrals for Authorized Economic Operator (AEO) programme and now a new category of manufacturers and exporters will enjoy the same facilitation privileges as [...]

Govt to introduce Insolvency and Bankruptcy Code amendment Bill in 2nd half of Budget session starting March 9: Sitharaman

The Central government plans to introduce the Insolvency and Bankruptcy Code amendment Bill soon. This move aims to improve the insolvency resolution process. The government has already resolved over 1,000 [...]

End of revenue deficit grants not to impact states' finances: Official on FinComm suggestion

The Union government faces a careful balancing act. Significant funds will flow to states following the 16th Finance Commission's proposals. This includes a 41 percent share of central taxes and [...]

16th Finance Commission keeps states’ tax share at 41%

The Sixteenth Finance Commission proposes ending revenue deficit grants for states, keeping their tax share at 41%. It introduces states' GDP contribution to tax devolution and demands stricter fiscal discipline. [...]

Rs 80,000 crore disinvestment & asset lease target for FY27

With an eye on fiscal strength, the government is targeting a significant Rs 80,000 crore through disinvestment and asset monetisation by the end of FY27. Major transactions like the sale [...]

Centre expects Rs 3.16 lakh cr dividend from RBI, banks in FY27

The Centre anticipates Rs 3.16 lakh crore in dividends and surpluses from the RBI, nationalised banks, and financial institutions for 2026-27, a 3.75% increase. This, along with Rs 75,000 crore [...]

Union Budget 2026: Sitharaman ‘fully committed’ to privatisation drive, says all approved disinvestments to go through

India Budget 2026: The government aims to raise ₹47,000 crore from disinvestment and asset monetisation in FY26, shifting focus from targets to improving company valuations and funding infrastructure. Privatisation remains [...]

Budget 2026: Over Rs 95,000 crore allocated for VB-G RAM G, MGNREGA gets Rs 30,000 crore

The Centre has allocated Rs 95,692.31 crore for the new VB-G RAM G scheme, set to replace MGNREGA and promise 125 days of work annually. The overall Budget for the [...]

Rs 1,102 crore allocated in Budget for ministers' salaries, entertainment of state guests, ex-governors

The Union Budget 2026-27 earmarks Rs 1,102 crore for key government offices. This includes substantial funds for the Council of Ministers, the Prime Minister's Office, and the Cabinet Secretariat. Hospitality [...]

Union Budget 2026: Centre aims at retaining states’ tax share at 41% for 2026–31

Union Budget 2026" The Budget proposes to maintain states' share of central taxes at 41 percent for the next five years. This aligns with Finance Commission recommendations. The Centre will [...]

Budget 2026: India to borrow ₹17.2 lakh crore in 2026-27

Union Budget of India 2026: The Indian government is poised to embark on a significant borrowing spree in the 2026-27 fiscal year, as highlighted by Finance Minister Nirmala Sitharaman's recent [...]

Market News

Societe Generale enters Gokaldas Exports with Rs 41 cr bulk deal as stock rallies 43%

Gokaldas Exports saw a significant bulk deal as Societe Generale purchased over 5 lakh shares worth Rs 41 crore. The apparel manufacturer's stock has surged 43% in two days, benefiting [...]

Ahead of Market: 10 things that will decide stock market action on Thursday

Indian stock markets extended gains for a second day. The Nifty and Sensex closed higher, buoyed by optimism around a potential India-US trade deal. Most sectors saw gains, offsetting weakness [...]

Market Trading Guide: Buy Blue Star and Kirloskar Oil on Thursday for up to 5% short term gains

Nifty closed higher for a second consecutive day, despite IT sector weakness, as other sectors gained momentum. Analysts noted initial market hesitation followed by a recovery, indicating buying interest at [...]

Sebi modifies Order-to-Trade Ratio framework for algorithmic trading. Key changes explained

Sebi is refining its Order-to-Trade Ratio framework for algorithmic orders, effective April 6, 2026. New exemptions for equity options and specific price bands aim to balance market liquidity with preventing [...]

Devyani International Q3 Results: Loss widens to Rs 109 crore, revenue up 11%

Devyani International Ltd announced a net loss of Rs 109.78 crore for the December quarter of FY26. This marks an increase from the previous year's loss. However, the company saw [...]

Nykaa Q3 Results Preview: PAT may surge up to 192% YoY led by BPC momentum; revenue to rise up to 28%

Nykaa is poised for a strong performance in the December quarter. Robust festive demand and sustained momentum in its Beauty and Personal Care segment are expected to drive significant profit [...]

Gold, silver or stocks? How Mukesh Ambani believes average Indian saver can compound wealth

Mukesh Ambani urged Indians to shift savings from gold and silver into capital markets, arguing that precious metals, though safe, do not create wealth in a fast-growing economy. Speaking at [...]

Carlsberg shares rise as profit beats forecasts; co mulls Indian IPO

Carlsberg reported a 5% rise in full-year operating profit, exceeding forecasts, and is considering an initial public offering for its Indian operations. The brewer also projected 2-6% profit growth for [...]

'Idle money in bank accounts doesn't compound': Mukesh Ambani on why Indians should invest in stock market

Mukesh Ambani urged Indian households to shift savings from physical assets like gold to capital markets for productive wealth creation. He emphasized simplifying investment access, drawing a parallel to Jio's [...]

Next 20-25 years will be India's era: Blackrock CEO on why the world's biggest asset manager is betting big on Indian investors

BlackRock CEO Larry Fink said the next 20–25 years will be the “era of India,” driven by rising domestic investment and rapid technological adoption. Speaking with Mukesh Ambani at a [...]

Gainers & Losers: Infosys, Eternal & Gokaldas Exports among 7 big movers on Wednesday

Nifty ended at 25,776, gaining 48.45 points or 0.19%, the BSE Sensex surged 78.56 points or 0.09% to Rs 83,817.69. [...]

Trent Q3 Results: Cons PAT rises 3% YoY to Rs 513 crore, revenue jumps 15%

Trent Q3 Results: Trent reported a 3% rise in its December quarter consolidated net profit to Rs 513 crore, with revenue from operations up 15% to Rs 5,345 crore. On [...]

Sebi mulls overhaul of 'fit and proper person' framework governing market intermediaries

Sebi has proposed a major revamp of its ‘fit and proper person’ framework to enhance clarity, fairness and reduce regulatory uncertainty. Key changes include codifying the right to a hearing, [...]

Market Wrap: Sensex, Nifty end marginally higher, extend gains for 3rd consecutive session. IT index plummets 6%

Benchmark indices extended gains for a third straight session on Wednesday, recovering from a weak start as buying picked up through the day. Sensex closed 78 points higher, and Nifty [...]

IT stocks crash: JPMorgan analysts decode the logical and illogical reaction

JPMorgan says the recent global IT selloff amid AI disruption fears has veered from rational concern to outright panic. Analyst Mark Murphy noted that markets are “overwhelmingly” focused on AI [...]