Economic & Finance News

Govt exceeds disinvestment target, boosts revenue with strong dividend collections

Government's combined disinvestment and asset monetisation receipts have surpassed ₹34,400 crore this fiscal year, exceeding revised estimates. Dividend collections from public sector enterprises have reached ₹70,577 crore, nearing the annual [...]

RBI deputy governor warns governance lapses behind financial failures

RBI's Deputy Governor, J. Swaminathan, recently pointed out that the root cause of financial crises lies in governance failures, not insufficient knowledge. He articulated how misaligned incentives often lead institutions [...]

View: For India, much more at stake than just oil this time

Iran war: The recent turmoil in the Middle East could have serious economic repercussions for India. With more than just oil at stake, the potential impact on electronics exports and [...]

Nirmala Sitharaman meets AIIB President Zou Jiayi, calls for expanded investment in low-income countries

Union Finance Minister Nirmala Sitharaman met Zou Jiayi, the new President of the Asian Infrastructure Investment Bank (AIIB), here in the national capital, where they discussed strengthening the India-AIIB partnership. [...]

RBI says 98.44% of withdrawn Rs 2,000 banknotes returned

The Reserve Bank of India reports nearly all Rs 2,000 banknotes have been returned. Since May 2023, the central bank announced their withdrawal. Most of the currency has been exchanged [...]

India's GST collections rise 8.1% YoY to Rs 1.83 lakh crore in February

India's Goods and Services Tax collection saw a significant increase. Gross GST revenue for February 2026 reached Rs 1.83 lakh crore, an 8.1% rise compared to the previous year. For [...]

Q3 FDI inflows up 16.6% on-year, US second top source in April-December

India FDI inflows: Singapore was the top source of overseas investments in April-December this fiscal, followed by the US. FDI equity inflows in July-September FY26 were $16.4 billion. [...]

RBI's additional liquidity support to wind down after March, bankers say

The RBI’s recent liquidity infusion, which has pushed overnight rates below the repo rate to ease funding stress, is seen by bankers as a temporary, tactical move rather than a [...]

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 [...]

Market News

GIFT Nifty down 25 points; here's the trading setup for today's session

Indian benchmark indices concluded March 10 on a strong note, with the Nifty surpassing 24,250. Analysts anticipate consolidation between 24,500 and 23,700, with immediate support at 24,150. The India VIX [...]

Stocks in news: Nazara Technologies, IndiGo, Hindustan Zinc, NTPC Green, RIL

Indian markets saw a strong rebound on Tuesday, recovering some losses. Global cues improved and crude oil price worries eased. Several companies are in focus today. Nazara Technologies saw a [...]

AIFs could get upto Rs 17,000 crore after PFRDA opens NPS door

India's pension fund regulator has permitted 1% of the ₹17 lakh crore assets under management to be invested in alternative investment funds. This move aims to channel domestic institutional money [...]

D-St bulls, rupee regain ground amid global oil price rollercoaster

Indian stocks and the rupee saw a strong rebound on Tuesday. This recovery followed a significant drop in crude oil prices. Asian markets also experienced gains. Traders cut bearish bets [...]

RBI aligns capital rules of banks with global norms

The Reserve Bank of India has updated bank capital rules, aligning them with global standards and clarifying how lenders assess trading partner default risk. New guidelines require banks to include [...]

RBI links bank dividends to Common Equity Tier 1 ratio

The Reserve Bank of India has revised dividend payout norms for banks, linking them to Common Equity Tier 1 (CET1) ratios instead of CRAR and NPAs. The new guidelines, effective [...]

Aluminium stocks jump up to 10% as global supply disruptions lift prices

Global aluminium prices have surged due to plant shutdowns in Qatar and Bahrain and Strait of Hormuz disruptions, boosting Indian producers like Nalco, Hindalco, and Vedanta. These supply issues are [...]

Valuations moderate after market fall, but India’s premium limits FII comeback

Indian stock markets have seen valuations ease after a recent sell-off. However, key indices still trade at a premium compared to emerging market peers. This valuation gap, coupled with investor [...]

IndiGo CEO Elbers quits 3 months after airline’s worst-ever crisis

In a dramatic shift for IndiGo, CEO Pieter Elbers has stepped down following a significant operational failure that led to the cancellation of over 5,000 flights last December, stranding numerous [...]

HC quashes Rs 1 crore GST seizure, orders return

GST cases: Smruti Waghdhare, proprietor of M/s Platinum International, had challenged seizure orders dated June 27 and June 28, 2023 issued in Form GST INS-02. [...]

Jindal Steel wins Thakurani A1 iron ore block in Odisha

The steelmaker won the block by committing a premium of 101.20% to the government. Bidding for the mine, conducted online on Tuesday, started at a premium of 101.05%. [...]

Cheques & balances: IDFC First brings in extra layer of security

IDFC First said it is implementing two new controls for government, banking and institutional accounts. Under the revised protocol, the bank will first send an email to the registered email [...]

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

Indian equity markets rebounded as easing geopolitical concerns after comments from Donald Trump lifted investor sentiment. The Sensex rose 640 points and Nifty closed above 24,260, with analysts expecting cautious [...]

Block Deal: Morgan Stanley buys Rs 69 crore stake in Nazara Technologies

Morgan Stanley Asia Singapore bought shares worth ₹69.2 crore in Nazara Technologies through a block deal, acquiring 28.85 lakh shares from Think India Opportunities Master Fund as the gaming company [...]

RBI issues new rules on how banks can distribute dividends, links payouts to capital strength

The Reserve Bank of India has issued stricter prudential norms for bank dividend payouts and profit remittances. The framework links payouts to capital strength, asset quality, and regulatory compliance to [...]