Economic & Finance News
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. [...]
Afghanistan's commerce minister has invited Indian investors to explore opportunities in mining, agriculture, health, and IT. Preferential tariffs and tax exemptions are being offered. Air cargo services between Kabul and [...]
Minister Piyush Goyal is meeting investors today. The discussions aim to speed up foreign investment processes. This will boost job creation and bring new technologies. It will also promote research [...]
The Sixteenth Finance Commission has presented its tax division recommendations to President Droupadi Murmu. The report outlines how the tax pool will be shared between the Centre and states for [...]
The Central Board of Direct Taxes (CBDT) will release simplified Income Tax return forms and rules for the new Income Tax Act, 2025, by January 2026. Chairman Ravi Agrawal assured [...]
Economic Affairs Secretary Anuradha Thakur highlighted the financial sector's crucial role in India's economic transformation and sustained growth. She emphasized joint government-private action to strengthen the corporate bond market, expand [...]
India is confident it will meet its direct tax collection target of ₹25.2 trillion ($284.39 billion) for this financial year, Ravi Agrawal, chairman of the Central Board of Direct Taxes, [...]
Naidu, who retook control of the state in 2024 for a fourth term, scored a big win last month when Alphabet Inc.’s Google announced it would invest $15 billion in [...]
Microfinance institutions are urged to maintain fair interest rates. The Department of Financial Services secretary expressed concern over declining loan accounts and outstanding amounts. MFIs play a crucial role in [...]
The cabinet has given the green light to a financial package of Rs 45,060 crore aimed at bolstering exporters. A significant portion of this, specifically Rs 20,000 crore, will be [...]
Market News
A 50-year-old with ₹80 lakh in FDs and ₹60,000 monthly expenses can target ₹1.23 crore in five years by adding limited equity exposure. Experts recommend hybrid funds, SWP withdrawals, and [...]
BNP Paribas sees a muted cement outlook but remains bullish on Ambuja Cements, JK Cement, and UltraTech Cement, forecasting up to 29% upside despite weak pricing trends [...]
Nithin Kamath cautions retail investors against blindly chasing pre-IPO shares amid extreme valuations and hype. He flags 100–500% markups, poor pricing, misleading promotions, regulatory gaps, and the rising risks in [...]
Reliance Infrastructure shares jumped 17% in three sessions, reversing last week’s steep fall. The stock remains far below its 52-week high, but bargain buying, stabilising quarterly numbers, and returning domestic [...]
Indian stock markets closed with a slight dip on Friday. The Sensex and Nifty saw minor fluctuations throughout the day. Investors took profits near record highs. They considered potential interest [...]
Despite Nifty hitting a fresh all-time high, most retail portfolios remain in the red as gains are concentrated in a few heavyweight stocks. Broader market weakness, poor small- and mid-cap [...]
Several newly listed companies may witness increased December trading activity as shareholder lock-in expiries free up nearly Rs 7,000 crore worth of equity. While this does not guarantee immediate selling, [...]
Nomura has initiated coverage on Anthem Biosciences with a Buy rating and a ₹740 target, citing attractive valuations, strong CRDMO positioning, diversified capabilities, and robust revenue and earnings growth projections [...]
Lenskart’s upcoming results are closely watched as investors assess growth momentum, margin improvement and the impact of its aggressive expansion. Analysts expect steady revenue gains, rising active shoppers and improving [...]
Eight fundamentally strong stocks staged a sharp turnaround in Q2FY26, returning to profitability after two loss-making quarters and rallying up to 75% so far this fiscal year. [...]
A 72-year-old Mumbai resident, Bharat Harakchand Shah, has filed a police complaint after discovering that his inherited equity portfolio—long believed to be growing—had allegedly been mismanaged, leading to a sudden [...]
Japan's Nikkei 225 closed up 0.2% on Friday, extending its weekly gain despite a challenging November. Investor focus is shifting to upcoming central bank decisions, with Tokyo's core inflation hinting [...]
Reliance Industries hit a fresh 52-week high after Jefferies reaffirmed its ‘Buy’ rating and projected a 14% upside. The brokerage cited strong earnings momentum across retail, O2C, telecom, and FMCG, [...]
Australian shares experienced their worst November in over a decade, with the S&P/ASX 200 index falling 3%. Heavyweight banks declined due to lofty valuations and margin pressures, while strong inflation [...]
Sudeep Pharma’s strong stock market debut turned into an early rally, with shares gaining up to 8% after listing at a nearly 24% premium to the IPO price. The Rs [...]