Economic & Finance News

India amends tax treaty with France, drops most favoured nation clause

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 [...]

India's economy shows resilience in January: RBI bulletin highlights strong growth and favorable outlook

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 tables Rs 4.08 lakh cr Budget, 10.2% higher compared to last year

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 [...]

States urged to expedite capex proposals, use up funds before March 31

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 [...]

Cash craze: Currency in circulation touches record Rs 40 lakh crore

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 Malhotra urges MSMEs to formalize, digitize, and maintain credit discipline for resilience

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 [...]

For $10 trillion GDP by 2035, India needs to draw on patient capital: Spark Capital CEO Rama Rao at ET Now GBS

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 [...]

Tokyo to Mumbai: The Japanese are pouring big money into India

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 [...]

CPSEs, Railways, NHAI, DMRC maintain capex momentum, spending nears ₹6.7 Lakh crore

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. [...]

GST summons are for inquiry, don't amount to detention: HC

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 [...]

Unclaimed bank deposits of Rs 72,454 crore lying with DEA Fund: MoS Finance

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 [...]

Govt flags backlog of 24.6 lakh ITRs pending beyond 90 days

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. [...]

King dollar risks losing its crown to an Asian mutiny

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, [...]

New EPFO app to allow members to withdraw EPF money through UPI

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 [...]

Govt to form panel to align tax, accounting rules and cut India Inc compliance burden

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

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

Indian markets enter Tuesday’s session with momentum after gains in the Sensex and Nifty, but analysts say direction will hinge on key resistance levels, volatility trends in India VIX and [...]

Sebi chief Tuhin Kanta Pandey flags big PMS overhaul, to examine new RBI funding rules

Sebi chief Tuhin Kanta Pandey said the regulator plans a comprehensive overhaul of PMS rules to improve suitability, governance, and conduct, while also examining industry representations on the RBI’s new [...]

Market Trading Guide: Tourism Finance and Cummins India are stocks to buy on Tuesday for up to 16% returns. Here’s why

Tourism Finance Corporation and Cummins India are top buy picks for Tuesday with up to 16% potential returns backed by strong technical breakouts. [...]

These 7 largecap stocks post over 50% EBITDA growth in December quarter

IOC, Bajaj Holdings, Eternal, Muthoot Finance, Jio Financial, Titan and BPCL posted over 50% EBITDA growth in Q3 FY26, signalling strong operating momentum. [...]

IDFC First Bank shares record worst crash since March 2020, end 16% lower

IDFC First Bank ended 16% lower on Monday—their worst fall since March 2020—after the lender uncovered a Rs 590-crore fraud at its Chandigarh branch involving Haryana government-linked accounts. The bank [...]

Gainers & Losers: IDFC First Bank, Adani Ports among 6 stocks that were in focus on Monday

Indian markets rallied on Monday even as stocks like IDFC First Bank, AU SFB, UPL and HAL saw sharp moves, while Kitex Garments and Adani Ports gained on sector-specific triggers.​ [...]

Nithin Kamath says these hidden charges in trading can wipe out low brokerage advantage

Nithin Kamath, co-founder of Zerodha, has urged investors to pay closer attention to Depository Participant (DP) charges, warning that these often-overlooked fees can meaningfully raise trading costs especially when brokers [...]

HAL shares decline 5% on Tejas crash reports; company denies incident

The shares of Hindustan Aeronautics (HAL) fell 5% to settle at Rs 4,024 on Monday after media reports claimed that a Tejas light combat aircraft (LCA) crashed during a training [...]

SBI, Bank Of Baroda among 6 PSU bank stocks that hit 52-week high; rally up to 19% in a month
Sebi deploying AI to track influencers and insider trading in real time: Tuhin Kanta Pandey

Sebi Chairman Tuhin Kanta Pandey said the regulator is increasingly using artificial intelligence tools to monitor market misconduct, including insider trading, unregistered investment advice, and misleading financial promotions. [...]

Sebi Chairman Tuhin Kanta Pandey proposes overhaul of PMS regulations

The Securities and Exchange Board of India is reviewing its Portfolio Managers Regulations. Chairman Tuhin Kanta Pandey emphasized strengthening investor protection and governance. The PMS industry has seen significant growth [...]

One quarter's profit, gone! How IDFC First Bank fell victim to banking's oldest fraud in the age of cyberattacks

IDFC First Bank was rocked by a forged cheque fraud at its Chandigarh branch, triggering a sharp market selloff that wiped out over Rs 14,400 crore in shareholder wealth within [...]

12 stocks see FII stake cuts; shares plunge up to 75%. Are you holding any?

Foreign Institutional Investors (FIIs) have reduced their stakes in 12 BSE500 stocks over two quarters, with these shares experiencing significant price drops. Cohance Lifesciences saw a 75% fall, while Blue [...]

Indian govt, LIC lose over Rs 1,400 crore in IDFC First Bank market crash

IDFC First Bank shares plunged nearly 20% after the lender disclosed a Rs 590 crore fraud at its Chandigarh branch involving accounts linked to Haryana government entities. The sell-off erased [...]

Bharat Dynamics shares fall 3% amid selling pressure in defence PSUs

Bharat Dynamics shares fell over 3% amid profit booking and broader weakness in defence PSU stocks. Several peers also declined, while select counters saw buying interest. The stock remains under [...]