Economic & Finance News

India mulls tax exemption for sovereign wealth funds’ equity gains amid heavy foreign outflows

India may exempt Sovereign Wealth Funds and patient capital from taxes on Indian stock market earnings. This proposal aims to attract stable foreign investment following significant sell-offs by foreign fund [...]

Tax hike raises risk of smuggling of tobacco products and revenue loss for govt: Experts

Experts warn that a significant tax hike on cigarettes, effective February 1, could fuel illicit trade and lead to substantial tax revenue losses. The new excise duty structure, combined with [...]

GST cuts boost credit growth; system credit to rise 12% in FY26, 13% in FY27: MoSL

Credit growth in the country is expected to remain at around 12 per cent year-on-year in FY26 and improve to nearly 13 per cent in FY27, while deposit growth is [...]

GST collection climbs 6% on revenue from imports

Gross revenue from domestic transactions rose 1.2% to over ₹1.22 lakh crore, official data published Thursday showed, while revenues from imported goods climbed about a fifth to ₹51,977 crore during [...]

India's household debt seen above 5-yr average, but lower than China's

The RBI said that household borrowing patterns have changed with non-housing retail loans, largely taken for consumption, accounting for 55.3% of total household borrowing from financial institutions as of September [...]

RBI flags swelling slippages in unsecured retail lending, particularly among private banks

Private banks contributed 76 percentage of slippages in unsecured retail loans, against 16 percent for PSBs [...]

Creditors realised Rs 4 lakh crore under IBC till September: RBI report

Creditors have recovered Rs 4 lakh crore through the Insolvency and Bankruptcy Code by September 30, 2025. Over 78 percent of corporate insolvency resolution processes have concluded. The code has [...]

PM Modi meets economists, sector experts ahead of Union Budget 2026-27, calls for mission-mode reforms across sectors

India Budget: Prime Minister Narendra Modi is consulting with leading economists and industry experts. The discussions focus on shaping the upcoming Union Budget for 2026-27. Finance Minister Nirmala Sitharaman and [...]

Union Budget 2026: Centre’s dividend kitty may beat budget estimates in FY26

India Budget: Government dividend collections from public sector enterprises are poised to exceed targets for a fifth consecutive year, potentially reaching a new high in 2025-26. Despite strong performance and [...]

Season’s Greeting? Taxman turns New Year party pooper

Taxpayers are receiving unexpected emails from the Income Tax Department. These messages halt tax refunds due to discrepancies in claimed deductions and donations. The department cites issues like incorrect charity [...]

UPI spikes in India, but some states are still in the slow lane

While UPI transaction volumes appear massive nationwide, per-capita data reveals a significant digital divide. Southern and western states show much deeper UPI adoption and usage compared to eastern and northeastern [...]

India revamps tax regime in 2025, new I-T Act to take effect from April 1

India revamped its tax system in 2025, slashing Goods and Services Tax rates and increasing income tax exemptions. The focus now shifts to simplifying customs duties and procedures. These reforms [...]

Budget 2026: Industry seeks faster tax dispute resolution

Businesses are pushing the government to fix tax uncertainties and speed up dispute resolution. Unclear rules and treaty issues could lead to more tax cases. Industry leaders want the budget [...]

RBI to infuse Rs 2.90 lakh crore liquidity via bond buys, USD swap

The Reserve Bank of India is injecting Rs 2.90 lakh crore into the banking system. This will be done through bond purchases and a dollar-rupee swap. These measures aim to [...]

Gross FDI slips to $6.5billion, net flows negative

Foreign direct investment into India saw a slight dip in October. Net FDI continued to show outflows, though less than the previous month. Singapore, Mauritius, and the United States were [...]

Market News

Asian shares shrug off Venezuela impact and climb; oil volatile

Asian equities surged to a record high, driven by technology shares, while oil prices fluctuated and precious metals climbed. The ousting of Venezuela's president introduced a geopolitical flashpoint, but markets [...]

Market surges to new highs: Which stocks should you be buying now?

Benchmark indices reached new all-time highs as 2026 trading commenced, fueling stock-specific action. Traders carried forward bullish bets and reduced bearish positions in select stock futures for the January series. [...]

Pre-market action: Here's the trade setup for today's session

Indian stock markets started the New Year strongly, breaking a five-week consolidation. The upcoming week promises significant economic data releases both in India and globally. Investors will closely watch India's [...]

Stocks in news: DMart, Bajaj Finance, Marico, Vedanta, Hindustan Zinc

Indian markets surged to new record highs, marking a strong start to the New Year. Nifty decisively crossed the 26,200 mark. Several companies like DMart, Bajaj Finance, and Marico are [...]

Falling provisions set to lift banks' RoA in December quarter

Banks are likely to see lower provisioning for bad loans in the December quarter. This follows a significant drop in the previous quarter. Improved loan collection and fewer new bad [...]

Nifty could head to 26,800 in Jan; dips a buying opportunity

The Nifty has broken out of a five-week consolidation, signaling a resumption of its uptrend and is expected to rally towards 26,800 in January. Analysts suggest buying on dips as [...]

ET Exclusive: Air India set to say 'Tata' to CEO Campbell Wilson in cockpit reset

Tata Sons is actively seeking new leadership for its airline business, with chairman N Chandrasekaran reportedly in talks with international aviation executives. These discussions are occurring as current Air India [...]

HDFC AMC to enter private credit, plans Rs 2.5k-cr fund

International Finance Corp., the World Bank Group's private-sector arm, has committed Rs 220 crore as anchor investor, while the remaining capital is coming from institutional investors, family offices and ultra-high-net-worth [...]

Banks' asset quality getting better, gross NPAs at 10-year low

Indian banks show improved asset quality with declining bad loans. Special Mention Accounts and Gross Non-Performing Assets have fallen significantly. Stress in MSME and unsecured loans has also eased. While [...]

Record health insurance claims settled in FY25, average payout per claim declines

Indian insurers settled a record number of health claims in FY25. Settlement ratios improved significantly, with fewer claims rejected. Average payouts per claim decreased due to wider policy coverage. Cashless [...]

Ahead of Market: 10 things that will decide D-Street action on Monday

Indian markets surged on Friday, marking the second trading day of the new year. The Nifty 50 reached an all-time high as a broad rally took hold. Strong corporate updates [...]

Venezuela raid by US revives oil risk premium, Dalal Street braces for crude-led swings on Monday

The capture of Venezuelan President Maduro has reintroduced geopolitical risk into oil markets, impacting global crude prices. While immediate supply increases are unlikely, a US-led overhaul could eventually boost Venezuelan [...]

Siemens Energy, Hitachi Energy among Antique’s eight midcap bets for 2026

The brokerage sees capital expenditure, defence manufacturing and financialisation as key tailwinds for the segment. [...]

ICICI Bank, SBI among 10 largecap bets by Antique Broking for 2026 as it eyes an earnings rebound

The brokerage sees India’s “Goldilocks” phase continuing, supported by policy actions, easing macro headwinds, and a revival in capital expenditure, while preferring financials, capex-linked sectors, defence, and select discretionary stocks. [...]

Siddhartha Bhaiya’s global playbook: Top sectors in US, China and Europe

Veteran fund manager Siddhartha Bhaiya, who passed away after a cardiac arrest, was known for his contrarian investing style and multibagger small-cap bets. Citing rich valuations and market euphoria, he [...]