Economic & Finance News
The Asian Development Bank has approved a $400 million results-based lending program for Maharashtra to develop climate-resilient, low-carbon, and safe road networks. This initiative will expand all-weather roads in 34 [...]
India needs to re-evaluate its curbs on Chinese foreign direct investment, Economist Sajjid Chinoy said. He believes allowing Chinese capital would boost domestic demand and job creation, contrasting it with [...]
The Indian rupee celebrated a remarkable recovery, showcasing its most significant one-day increase in a month by settling at 89.23 to the US dollar. The Reserve Bank of India's preemptive [...]
The government anticipates a slight dip in tax collections this financial year. This is due to recent Goods and Services Tax rate reductions and global economic challenges affecting corporate profits. [...]
Afghanistan's commerce minister has invited Indian investors to explore opportunities in mining, agriculture, health, and IT. Preferential tariffs and tax exemptions are being offered. Air cargo services between Kabul and [...]
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 [...]
Market News
Zydus Lifesciences will be in focus on Wednesday after receiving final USFDA approval for its Verapamil Hydrochloride Extended-Release Tablets in 120 mg, 180 mg, and 240 mg strengths. The drug, [...]
HCLTech shares will be watched after the company announced a strategic collaboration with AWS to accelerate digital transformation in the financial services sector. The partnership aims to modernise legacy systems, [...]
Indian stock market presents a dual reality. While Sensex and Nifty approach record highs, a significant number of BSE-listed stocks have seen sharp declines. Over 576 stocks are down by [...]
As of November 25, six Nifty500 stocks closed more than 1.5% above their VWAP levels, indicating improving intraday sentiment and strengthening buying interest. A close above VWAP often reflects that [...]
An uptrend signal is generated when the RSI value crosses above 50 from below. [...]
A White Marubozu is a bullish candlestick pattern in technical analysis. It forms when the opening price is the lowest for the period and the closing price is the highest. [...]
Apollo Micro Systems is set for active trade following a significant collaboration. The company, along with IIT-Chennai and the Indian Navy, will focus on developing advanced homegrown defence technologies. This [...]
HDFC Asset Management Company shares are trading ex-bonus today, November 26, following a 1:1 bonus share issue. Investors who held shares by the end of trading on November 25 are [...]
Bharti Airtel shares are under scrutiny as promoter ICIL plans to sell a 0.56% stake for approximately $806 million. This follows a similar divestment by Singtel. The deal occurs after [...]
