Economic & Finance News

Union Budget trims TCS, simplifies TDS to ease burden on taxpayers

The budget simplifies tax collection with revised Tax Collected at Source (TCS) rates, significantly benefiting overseas travelers, students, and those seeking medical treatment abroad. Changes include a reduced 2% TCS [...]

16th Finance Commission keeps states’ tax share at 41%

The Sixteenth Finance Commission proposes ending revenue deficit grants for states, keeping their tax share at 41%. It introduces states' GDP contribution to tax devolution and demands stricter fiscal discipline. [...]

Rs 80,000 crore disinvestment & asset lease target for FY27

With an eye on fiscal strength, the government is targeting a significant Rs 80,000 crore through disinvestment and asset monetisation by the end of FY27. Major transactions like the sale [...]

Centre expects Rs 3.16 lakh cr dividend from RBI, banks in FY27

The Centre anticipates Rs 3.16 lakh crore in dividends and surpluses from the RBI, nationalised banks, and financial institutions for 2026-27, a 3.75% increase. This, along with Rs 75,000 crore [...]

Union Budget 2026: Sitharaman ‘fully committed’ to privatisation drive, says all approved disinvestments to go through

India Budget 2026: The government aims to raise ₹47,000 crore from disinvestment and asset monetisation in FY26, shifting focus from targets to improving company valuations and funding infrastructure. Privatisation remains [...]

Budget 2026: Over Rs 95,000 crore allocated for VB-G RAM G, MGNREGA gets Rs 30,000 crore

The Centre has allocated Rs 95,692.31 crore for the new VB-G RAM G scheme, set to replace MGNREGA and promise 125 days of work annually. The overall Budget for the [...]

Rs 1,102 crore allocated in Budget for ministers' salaries, entertainment of state guests, ex-governors

The Union Budget 2026-27 earmarks Rs 1,102 crore for key government offices. This includes substantial funds for the Council of Ministers, the Prime Minister's Office, and the Cabinet Secretariat. Hospitality [...]

Union Budget 2026: Centre aims at retaining states’ tax share at 41% for 2026–31

Union Budget 2026" The Budget proposes to maintain states' share of central taxes at 41 percent for the next five years. This aligns with Finance Commission recommendations. The Centre will [...]

Budget 2026: India to borrow ₹17.2 lakh crore in 2026-27

Union Budget of India 2026: The Indian government is poised to embark on a significant borrowing spree in the 2026-27 fiscal year, as highlighted by Finance Minister Nirmala Sitharaman's recent [...]

India Budget 2026: Every rupee earned and every rupee spent by Modi govt

Budget 2026 Rupee Source and Spending: Finance Minister Nirmala Sitharaman will outline revenue sources and expenditure plans amidst global geopolitical tensions. The budget aims to maximize every rupee earned and [...]

Budget for FY27 likely to be set at ₹54.1 lakh crore by govt, growth of 7.9% YoY: Report

India's Union Budget for FY2026-27 is projected at Rs 54.1 lakh crore, a 7.9 per cent increase. This signals a calibrated fiscal consolidation path. The fiscal deficit is targeted at [...]

Precious metals melt as $ flexes, world markets action heats up

Friday witnessed a steep drop in the prices of gold and silver, primarily spurred by the strengthening US dollar and a liquidation of yen carry trades. This sharp decrease affected [...]

World Bank commits USD 8-10 bn annual financing in India over next 5 years

The World Bank Group and India have launched a new Country Partnership Framework, pledging $8-10 billion annually for five years to fuel India's growth and its developed economy vision. This [...]

Budget 2026’s Tax Test: India needs fewer tax tangles and more investment muscle

India Budget 2026 should continue India's tax reform momentum by simplifying TDS, rationalizing buyback provisions, and facilitating sector-agnostic consolidations. Addressing notional taxation on genuine share transfers and prioritising tax certainty [...]

Metals meltdown: Here's the post-crash roadmap for gold and silver

Gold, silver price crash: Gold and silver ETFs saw a significant drop as investors locked in profits after a sharp pullback from record highs. This volatility follows an extraordinary January [...]

Market News

Budget 2026 | Option to put a price on risk may mean we pay a price in future: Nithin Kamath

The government's budget introduced changes impacting capital markets, including increased trading costs for futures and options, and revised tax treatment for Sovereign Gold Bonds. While buybacks are now more tax-friendly, [...]

Budget 2026 | Holding the line to sustain growth as India dreams big: Nilesh Shah

India's latest budget balances fiscal discipline with growth support, aiming for an investment-grade economy through targeted measures and enhanced productivity. Prioritizing long-term stability, it features a credible consolidation path and [...]

Budget 2026 | Strategic sectors get the attention; markets in range: Sanjeev Prasad

The Indian budget offers a modest economic boost with increased capital expenditure, focusing on strategic sectors. While positive for earnings, market sentiment faces headwinds from higher STT on derivatives and [...]

Budget 2026 | Capex push to have trickle-down effect; STT hike a negative: Raamdeo Agrawal

India's Finance Minister Nirmala Sitharaman has announced a significant tax holiday for foreign companies establishing data centers in India until 2047. This move aims to attract global investment and boost [...]

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

Indian markets fell sharply in Budget weekend trade after a surprise STT hike on futures and options. Sensex and Nifty slid nearly 2% as analysts warned of volatility, weak sentiment [...]

Proposed share buyback framework aims to benefit small shareholders, not promoters

To discourage misuse of tax arbitrage, promoters will be subject to an additional buyback tax, raising the effective tax rate to 22 per cent for corporate promoters and 30 per [...]

Budget 2026: Shankar Sharma cheers derivatives STT hike, calls F&O a ‘poison’ for investors

Ace investor Shankar Sharma applauds Budget 2026’s STT hike on derivatives, calling F&O trading a “poison.” Experts say it may curb speculation, shift focus to long-term investing, but could unsettle [...]

Budget impact: What makes Morgan Stanley's Ridham Desai remain bullish on Indian stocks

Morgan Stanley maintains a bullish stance on Indian equities post-Budget, citing cyclical growth support, structural reforms, capex push, and long-term policy focus on semiconductors, AI, and data centres to sustain [...]

Oil India among 4 stocks that hit 52-week highs & rallied up to 22% in a month

Sensex fell 1,547 points during Budget 2026 special session, yet select stocks defied weakness. Oil India, Bharat Electronics, Axis Bank and SBI hit fresh 52-week highs, signalling strong momentum and [...]

F&O satta is highly risky... how can the government stay quiet: Nirmala Sitharaman on STT hike

Finance Minister Nirmala Sitharaman defended the sharp hike in securities transaction tax on futures and options, citing risks from excessive speculation in derivatives. The Budget 2026 move triggered a sell-off [...]

90s software boom all over again! What Raamdeo Agrawal said after Budget 2026

Raamdeo Agrawal praised Budget 2026 as transformative for India’s digital future, citing data centre tax holidays and capex push. Despite STT-led volatility, he said strong fiscal discipline, infrastructure spending and [...]

Top 10 High-Growth stocks: Profit surges over 150% in Q3FY26

Several Nifty 500 companies delivered exceptional Q3FY26 profit growth, with net profits rising over 150% year-on-year. Energy, real estate, finance, metals, and capital goods firms dominated the list, reflecting a [...]

IT sector looks forward to improved ease of business with latest budget proposals

Union Budget FY27 eases tax norms for IT and software exporters by expanding safe harbour limits, simplifying transfer pricing, improving buyback taxation, and offering long tax holidays to foreign cloud [...]

Union Budget 2026: From STT and buybacks to SGBs, 7 key takeaways for markets

At the end of the day, the BSE Sensex fell 1546.84 points or 1.88% to close at 80,722.94, whereas the Nifty 50 was down 495.20 points or 1.96% to end [...]

Nirmala Sitharaman wants to control F&O ‘satta’ with STT hike but there could be unintended consequences

Finance Minister Nirmala Sitharaman’s steep STT hike on futures and options has triggered sharp market backlash, with brokerages and exchanges tumbling up to 9%. Experts warn the move could drain [...]