Economic & Finance News
The Reserve Bank of India reports that 98.42 percent of Rs 2,000 banknotes have been returned. This withdrawal began on May 19, 2023. The total value of these notes in [...]
Goods and Services Tax (GST) revenues in FY27 are projected to grow at 6.3 per cent, with a buoyancy of 0.94 even after a reduction in tax rates on about [...]
The Central government plans to introduce the Insolvency and Bankruptcy Code amendment Bill soon. This move aims to improve the insolvency resolution process. The government has already resolved over 1,000 [...]
The Union government faces a careful balancing act. Significant funds will flow to states following the 16th Finance Commission's proposals. This includes a 41 percent share of central taxes and [...]
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. [...]
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 [...]
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 [...]
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 [...]
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 [...]
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" 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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Market News
India and the US have announced a trade deal, reducing reciprocal tariffs to 18% and easing concerns that have impacted Indian markets. This development is expected to trigger a strong [...]
The surge in GIFT Nifty came following the news that India and the US agreed to a trade deal. Donald Trump, on his Truth Social platform, said that he spoke [...]
Tata Chemicals reported a wider consolidated net loss of Rs 93 crore for the December quarter, impacted by oversupplied soda ash markets and low export prices. Despite these headwinds, the [...]
Utkarsh Small Finance Bank reported a significant widening of its net loss to Rs 375 crore in the third quarter, a substantial increase from Rs 168 crore in the previous [...]
Chalet Hotels reported a robust third quarter with a 28.5% year-on-year increase in net profit to Rs 124 crore and a 27.1% rise in revenue to Rs 581.6 crore. The [...]
Markets rebounded after volatility triggered by the STT hike and higher borrowing plans, aided by policy continuity and falling crude prices. Analysts warn sentiment remains cautious below the 200-day average, [...]
Nifty surged after the Budget-day slump, led by auto, energy, and metals. Analysts caution broader trend remains weak below 200-DMA, advising cautious trading and selective stock entries. [...]
The government is actively considering further reducing its stake in insurance behemoth LIC through a public offering in the next financial year, Financial Services Secretary M Nagaraju said on Monday. [...]
Hyundai Motor India reported a 6.3% net profit increase to Rs 1,194.9 crore in Q3FY26, driven by strong SUV sales, rural demand, operational efficiency, and positive effects of GST 2.0 [...]
Real estate firm Awfis Space Solutions Ltd on Monday reported a 43 per cent increase in its consolidated net profit to Rs 21.65 crore in the quarter ended December. [...]
UPL Ltd on Monday posted a 43 per cent drop in consolidated net profit to Rs 490 crore for the December quarter on higher base effect. [...]
Bajaj Housing Finance posted a strong Q3FY26, with net profit rising 21% and NII up 19%. Healthy loan and AUM growth, controlled costs and stable asset quality supported earnings, despite [...]
Indian e-scooter manufacturer Ather Energy posted a narrower quarterly loss on Monday, helped by a jump in sales during the year-end festive period. [...]
Indian markets rebounded sharply after the Budget-day plunge. Autos, metals and energy led gains, while action was seen in Power Grid, Latent View, Sundaram Finance & others. [...]
Promoter shareholding declined across 12 Nifty 500 stocks during the December 2025 quarter, according to StockEdge data. While stake reductions may reflect strategic or fundraising decisions, such moves are closely [...]