Economic & Finance News
The allocation under the Special Assistance to States for Capital Investment (SASCI) scheme may be raised to Rs 1.8-2 lakh crore for 2026-27 from Rs 1.5 lakh crore budgeted for [...]
According to assessments by Crisil, ICICI Bank Research and Emkay Global, the merchandise deficit expanded as gold imports surged nearly 150% quarter-on-quarter, touching USD 19 billion in Q2, while goods [...]
The Indian Rupee is nearing 90 against the US Dollar. Foreign investors are selling Indian stocks, impacting market performance. Domestic investors are buying, but foreign selling is currently dominant. This [...]
Goldman Sachs anticipates the central government will meet its FY26 fiscal deficit target of 4.4% of GDP by curtailing capital expenditure. This measure is expected to offset anticipated shortfalls in [...]
Despite monetary easing, low inflation, and soft crude prices, India's long-term government bond yields have risen due to increased government bond supply and global uncertainties. However, a moderation is expected [...]
India's Goods and Services Tax collection reached ₹1.70 lakh crore in November. This marks a modest 0.7% rise year-on-year. Officials state the growth pace exceeded expectations. The numbers reflect the [...]
The government is seeking Parliament's approval for a net additional spending of Rs 41,455 crore in the current fiscal. This includes over Rs 18,000 crore for fertiliser subsidies and approximately [...]
India has asked for parliament's approval for an additional 1.32 lakh crore rupees ($14.61 billion) in additional spending for the fiscal year concluding March 31, 2026. The exact net increase [...]
Within the total revenue expenditure, interest payments accounted for Rs 6,73,715 crore, while Rs 2,46,575 crore was spent on major subsidies. The expenditure pattern highlights the balance between the government's [...]
The Asian Development Bank has approved an $846 million loan to India to modernize 650 Industrial Training Institutes and five National Skill Training Institutes. This initiative aims to create a [...]
Launched in 2015, the Pradhan Mantri MUDRA Yojana has successfully distributed Rs 34 lakh crore in collateral-free loans, reaching over 55 crore beneficiaries. With the aim of bridging the funding [...]
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. [...]
Market News
FIIs sold ₹11,820 crore in the first week of December, continuing heavy 2025 outflows, but strong DII inflows offset the pressure. Rupee depreciation drives foreign selling, while pro-growth policies, liquidity [...]
Nifty traded range-bound, closing nearly flat despite an RBI rate cut, as resistance near 26,300 capped gains. Weak market breadth and muted broader indices signal caution, though the primary trend [...]
BSE has reconstituted 28 indices, including the BSE PSU index, effective December 22. RailTel is the sole addition, while MMTC, ITI, Punjab & Sind Bank and KIOCL are removed following [...]
The BSE 500 index will undergo a significant overhaul from December 22, with 32 additions and 32 exits as part of the semi-annual reconstitution. Changes span 28 indices, affecting large, [...]
Ashi Anand says India’s 18-month market consolidation is easing as growth improves, earnings strengthen and sentiment turns optimistic. He favours domestic themes, banks and digital plays while remaining cautious on [...]
SAR Televenture has secured ₹208.46 crore through warrant issuance to investors including Madhusudan Kela’s fund, Choice Advisors, and promoters, boosting working capital, CAPEX needs, telecom infrastructure expansion, and readiness for [...]
India’s massive household gold holdings, worth $3.8 trillion, far exceed decades of FDI inflows. Redirecting even part of this unproductive wealth through proposed procurement and gold-bond schemes could ease trade [...]
ADIA’s India equity portfolio rose just 0.7% in FY26, though 13 stocks gained and seven surged 20–70%. Several holdings fell sharply, while CMS Info Systems and M B Engineering were [...]
Sberbank’s launch of a Nifty 50-linked mutual fund gives Russian investors direct access to Indian equities. Experts say the move can expand global capital inflows, enable similar partnerships with BRICS [...]
India’s building products sector is stabilizing with stronger consumption, healthier pipelines, lower input volatility, and rising premiumization. Demand across wood panels, sanitaryware, tiles, and paints is improving as real estate, [...]
The rupee’s plunge beyond ₹90 highlights India-specific pressures from FPI outflows, trade deficits and dollar demand. The slide threatens higher imported inflation, costlier commodities and wider external imbalances, even as [...]
European shares closed the week with modest gains as investors digested a U.S. inflation report reinforcing expectations for a Federal Reserve rate cut next week. Autos, retail, and technology stocks [...]
Global shares advanced Friday as U.S. economic data reinforced expectations of a Federal Reserve rate cut next week, weakening the dollar and boosting gold. Wall Street indices closed higher, marking [...]
Indian markets saw a positive close on Friday. Investors are keenly watching for a Federal Reserve interest rate cut next week. Economic data released showed consumer spending rose and consumer [...]