Economic & Finance News

Urban mobility infra strengthened household finances: EAC-PM

According to the paper, investments in urban mobility infrastructure over the past decade, particularly metro rail expansion, have translated into stronger household liquidity management and more disciplined borrowing. [...]

FDI inflows surge $51 billion in 6 months as govt pushes manufacturing, startup collaboration: DPIIT Secy

He highlighted the government's efforts to encourage deeper engagement between corporates and startups, adding that large companies are showing growing interest in collaborating with startups to drive innovation and scale. [...]

Net direct tax mopup rises 8.8% till January 11

Despite a slower pace of tax refunds, the growth in collection was much below the budgeted 12.7% increase for the entire 2025-26. With less than three months left in this [...]

Centre earmarks Rs 5,925 crore for coal, lignite exploration from FY27

The investment will be channeled through the Central Sector Scheme (CSS) of coal and lignite exploration. [...]

Rapid digitalisation of banks reshaping financial risks, requires supervisors to fundamentally rethink: RBI DG

Speaking at the Third Annual Global Conference of the College of Supervisors in Mumbai, RBI Deputy Governor Swaminathan J said that traditional indicators such as capital adequacy and liquidity are [...]

Credit demand zooms as policy eases, outstanding bank credit crossed Rs 200 lakh cr for the first time on Dec 31, 2025

India's credit demand is surging. Lower taxes and supportive monetary policy are fueling investment. Outstanding bank credit has crossed a major milestone. This growth surpasses projections, indicating a strong economic [...]

State capex loans cross 56% of FY26 target by Jan 5; Centre aims for full utilisation

The Centre has released over ₹83,000 crore to states for capital investment. This is part of the special assistance scheme for capital investment. The government is confident of fully utilizing [...]

Union Budget 2026: Govt should refrain from hiking income tax surcharge on super-rich, experts say

India Budget 2026: Tax experts advise the government against increasing income tax surcharges on the super-rich or reintroducing wealth tax in the upcoming budget. Such measures could prompt high-income earners [...]

RBI trims US treasury holding to below $200 bn amid gold rush

The Reserve Bank of India has reduced its holdings in US Treasuries. This strategic move sees the central bank increasing its gold reserves. The shift aims to diversify foreign exchange [...]

Ways and Means Advances limit for Delhi govt fixed at Rs 890 cr: RBI

The Reserve Bank of India has set the Ways and Means Advances limit for the Delhi government at Rs 890 crore. This move will assist the city government in managing [...]

CPSE Capex reached 74.5% of target by December, set to exceed annual target by fair margin

The Capex for the month of December alone increased by 9.28% to Rs 70,000 crore, with many enterprises exceeding their annual budget target. The growth was led by the Railway [...]

61,000 crorepati taxpayers added in last one year

India saw a significant rise in wealthy taxpayers. Over 61,000 new individuals joined the crorepati club, bringing the total to 351,000. The number of super-rich individuals, earning over ₹10 crore, [...]

Sitharaman & Co line up ₹17 lakh crore PPP pipeline across 852 projects over three years

The Centre has unveiled a significant three-year Public Private Partnership project pipeline. This initiative encompasses 852 projects with an estimated cost exceeding ₹17 lakh crore. The pipeline aims to boost [...]

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 [...]

Market News

Vijay Kedia buys stake in smallcap SPML Infra via bulk deal

Ace investor Vijay Kedia has acquired a stake in SPML Infra. Kedia Securities bought over 14 lakh shares for approximately Rs 25 crore. SPML Infra is a smallcap infrastructure firm [...]

Sebi approves separate auction session to determine closing stock prices

Sebi is revamping how stock closing prices are determined in India's equity cash market, moving from a 30-minute average to a new 20-minute Closing Auction Session (CAS). This move aims [...]

Reliance Industries sees marginal profit growth in Q3 driven by O2C, Jio
Reliance Retail Q3 Results: Profit rises 3% YoY to Rs 3,551 crore; revenue up 9%

Reliance Retail Q3 Results: Reliance Retail reported a 2.7% YoY rise in Q3 profit to Rs 3,551 crore and 9.2% revenue growth. EBITDA increased 1.3% to Rs 6,915 crore, though [...]

Reliance Jio Q3 Results FY26: Profit jumps 11% YoY to Rs 7,629 crore; ARPU rises to Rs 213.7

Jio Q3 Results 2026: Jio's average revenue per user (ARPU) increased to Rs 213.7 from Rs 211.4 sequentially. The ARPU increase was driven by stronger customer engagement, though partly tempered [...]

Reliance Industries Q3 Results: Profit rises marginally to Rs 18,645 crore; revenue up 11%

Reliance Industries Q3 Results: Mukesh Ambani-led Reliance Industries Ltd (RIL) on Friday posted a marginal 0.56% year-on-year (YoY) growth in its consolidated net profit at Rs 18,645 crore in the [...]

Madhu Kela picks up stake in this stock market proxy player in Q3

Veteran investor Madhu Kela has bought a stake in Emkay Global. This signals new interest in the financial services firm. Ace investor Dolly Khanna has trimmed her holding. Emkay Global [...]

Federal Bank reports 9% rise in Q3 profit to Rs 1,041 crore on rising business income

Federal Bank announced a strong third quarter with net profit climbing 9% to Rs 1041 crore. This growth was driven by increased business and core income. Net interest income and [...]

Wipro Q3 Results: Net profit drops 7% YoY to ₹3,119 cr; dividend of ₹6 per share
Vedanta among 8 stocks that hit 52-week high; rally up to 20% in a month

Eight stocks from the BSE 100 index surged to their 52-week highs, marking their strongest levels in the past year. These breakouts are widely viewed by traders and investors as [...]

Tech Mahindra Q3 Results: Profit jumps 14% YoY to Rs 1,122 cr, EBIT margin expands 290 bps to 13.1%
February 1 Budget to make it a working Sunday for stock market traders. BSE, NSE announce schedule

Unioun Budget 2026: In a rare instance, stock exchanges BSE and NSE have decided to keep the equity market open for trading on February 1 despite being a Sunday as [...]

Tech Mahindra Q3 results: Revenue & profit likely to jump on margin gains
Wipro Q3 Results Press Conference Live: Margins, deal wins, Harman impact in focus
Sebi proposes easing cash settlement norms for foreign investors to cut funding costs

Sebi has proposed allowing FPIs to net cash obligations for same-day buy and sell trades. The move aims to lower funding costs, improve efficiency during high-volume days, and ease liquidity [...]