Economic & Finance News
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 [...]
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 [...]
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 [...]
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 [...]
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, [...]
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 [...]
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 [...]
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 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 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 [...]
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 [...]
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% [...]
Investments in digital gold such as ETFs and similar products rose to 221 tonnes, up 134% on year, says WGC Report. [...]
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 [...]
For India, maintaining fiscal discipline will depend on sustaining strong non-tax inflows and ensuring the government’s capex push continues to translate into higher private investment and consumption -- critical for [...]
Market News
Austan Goolsbee has grown cautious about further aggressive rate cuts as inflation remains high, reflecting increasing divisions within the Federal Reserve amid limited economic data and uncertainty ahead of the [...]
Emerging Asian stock markets suffered sharp declines, heading for their worst week since April, as concerns over high valuations in the artificial intelligence sector triggered a sell-off in tech-heavy indices. [...]
Hindalco Industries shares fell after a fire at its US subsidiary Novelis' Oswego plant. This is the second fire at the plant in two months. The company expects to restart [...]
Groww Q2 Results: The company said its consolidated revenue from operations came in at Rs 1,018.74 crore, a 9.5% YoY fall from Rs 1,125.38 crore in the 2024 quarter. [...]
Ather Energy's quiet listing has delivered impressive returns. Promoters Tarun Sanjay Mehta and Swapnil Babanlal Jain have seen their wealth skyrocket by 3,220%. The stock has surged 116% over its [...]
New-age tech IPOs on Dalal Street in 2025, including Urban Company and Ather Energy, have delivered significant gains, with some more than doubling. Despite initial rallies, recent pullbacks are attributed [...]
A 5-year swing high represents the highest price a stock has reached within a five-year period. [...]
Infosys’ Rs 18,000-crore buyback offers small shareholders potential short-term gains and a psychological price floor as the IT major navigates weak demand. Analysts see limited operational impact but expect improved [...]
Indian stocks are showing strong recovery, nearing all-time highs. Global brokerages like Goldman Sachs, Morgan Stanley, and HSBC are issuing bullish reports, forecasting substantial growth for Sensex and Nifty by [...]
Capillary Technologies India shares debuted on Friday with a slight discount to their IPO price. The company's initial public offering saw robust demand from institutional and retail investors. Capillary Technologies [...]
Groww shares: Groww shares saw a strong rebound on Friday, rising 6% ahead of its Q2 earnings announcement. This offers relief after a recent slump. The brokerage sector faces pressure [...]
Adani Group has fully exited Adani Wilmar Ltd. The conglomerate sold its final stake in a block deal. Domestic and international institutional investors bought the shares. Wilmar International is now [...]
Indian stock markets opened lower on Friday. The Sensex and Nifty paused their recent gains. This comes after a global market downturn. Investors are reacting to U.S. jobs data. The [...]
RIL share price: RIL shares are in focus after the company halted Russian crude at its Jamnagar SEZ refinery ahead of EU sanctions. The transition to non-Russian crude for all [...]
Excelsoft Technologies’ Rs 500-crore IPO has entered its final bidding day with strong traction, recording 6.89 times subscription by Day 2. Investors bid for 21.14 crore shares against 3.07 crore [...]