Economic & Finance News
The move comes on top of similar instructions to various ministries and departments earlier this fiscal to front-load their capex, aimed at supporting economic growth. [...]
The finance ministry has firmly stated its commitment to promoting digital payments through UPI, clarifying that there will be no merchant discount rate (MDR) levied on UPI transactions. The government [...]
The CBIC has clarified that a Document Identification Number (DIN) is not mandatory for GST communications generated through the common portal if they already have a verifiable Reference Number (RFN). [...]
State Bank of India (SBI) paid a dividend of Rs 8,076.84 crore to the government for the financial year 2024-25, marking an increase from the previous year's Rs 6,959.29 crore. [...]
Maharashtra and Karnataka led India in attracting foreign investments in FY25. These two states accounted for 51% of the total FDI. Maharashtra received the highest, followed by Karnataka. Delhi, Gujarat, [...]
The GSTN announced that from July 2025, taxpayers will be barred from filing monthly and annual GST returns after three years of the original due date. This change, stemming from [...]
India is still a good place for foreign companies to invest. More companies are sending their profits back home, which shows the market is working well. Foreign investment went up [...]
The central government is setting reform targets for states. These reforms span mining, urban development, road safety, and land reforms. States can earn incentives via the budget's capital expenditure scheme [...]
The majority of states in India, including Uttar Pradesh, are advocating for a significant increase in the tax revenue distribution from the Centre. The 16th Finance Commission, led by Chairman [...]
India's foreign investment landscape has transformed since 2014. FDI equity inflows have surged, especially between 2019 and 2024. Government reforms like Make in India and Digital India have boosted investor [...]
India FDI The government has clarified that there have been no recent changes to the foreign direct investment (FDI) policy concerning countries sharing land borders with India. The existing Press [...]
The Reserve Bank of India's MPC is meeting to decide on interest rates amidst easing inflation, which fell to 3.16% in April. Economists are divided, with some advocating for a [...]
ICICI Bank reports that the RBI's decision to maintain higher risk buffers will strengthen its balance sheet and support India's macroeconomic fundamentals, especially with benign global oil prices. The RBI's [...]
India anticipates significant economic growth. The nation's economy is projected to reach nearly USD 30 trillion by 2047. India's young population provides an advantage. Sustainable urbanisation is a key focus. [...]
Prime Minister Narendra Modi’s government announced tax cuts for the middle class in his latest budget and will now depend on higher dividend payouts to meet its 4.4% deficit target. [...]
Market News
Select names from various sectors delivered strong weekly gains, defying the broader trend. [...]
Spicejet announced a significant profit increase for the March quarter. The airline's standalone profit after tax rose 173% YoY. This marks their highest ever quarterly profit. Spicejet also reported a [...]
While chasing high investment returns is tempting, consistently saving more proves more effective for wealth accumulation. Anjali, prioritizing savings, surpasses Rahul, who focuses on high-return investments, over time. Increasing savings, [...]
Geopolitical tensions significantly influence financial markets, impacting supply chains and commodity prices. Despite events like the Russia-Ukraine conflict and US-China trade tensions causing short-term volatility, Indian equity markets have shown [...]
India's City Gas Distribution sector shows resilience. CNG adoption rises with infrastructure growth. Electric vehicle challenges boost CNG appeal. Investor interest renews due to volume growth. Mahanagar Gas and Gujarat [...]
Warren Buffett's investment in BYD is proving prescient as the Chinese EV maker surpasses Tesla in key metrics. Buffett's value-based approach favored BYD's cost advantages and strategic global expansion over [...]
The Nifty50 experienced a weekly loss exceeding 1% due to escalating geopolitical concerns, failing to maintain levels above 25,000. Precise forecasts identified key breakout dates and time-based cycles, accurately predicting [...]
Top picks include Rajesh Exports, GMM Pfaudler, Mahindra Lifespace, Senco Gold, and Easy Trip Planners, with potential upsides ranging from 55% to over 210%. [...]
To be eligible, you must hold shares in your Demat account by the close of market on Friday, June 13, as the official record date is Monday, June 16. [...]
Geopolitical tensions are rising. Israeli airstrikes on Iranian nuclear sites sparked market reactions. Oil prices initially surged, but later stabilized. Investors are closely monitoring the Middle East and Washington. They [...]
Global markets face a volatile week as Middle East tensions escalate, driving oil prices up. Central banks, including the U.S. Federal Reserve, are set to make crucial interest rate decisions. [...]
Investors are closely watching the Federal Reserve's upcoming policy meeting for signals on potential rate cuts amid concerns about a softening labor market and persistent inflation. Recent geopolitical tensions and [...]
Amidst escalating tensions between Iran and Israel, U.S. investors sought safety in the dollar and gold, triggered by airstrikes and fears of a wider conflict. Oil prices surged, raising concerns [...]