Economic & Finance News
The government is reconsidering the closure of State Trading Corporation of India Limited (STC) and PEC Limited through the Insolvency and Bankruptcy Code (IBC). This marks the first instance of [...]
Despite the Reserve Bank of India withdrawing Rs 2000 notes in May 2023, Rs 6,099 crore worth of these notes remain in circulation as of June 30, 2025. Initially valued [...]
India's GST collection for June reached Rs 1.85 lakh crore, a 6.2% year-on-year increase, though lower than previous months. Over the past five years, GST collections have doubled, hitting a [...]
Entering its ninth year, India's Goods and Services Tax (GST) prioritizes ease of business, stronger compliance, and broader economic inclusion. GST collections hit a record ₹22.08 lakh crore in 2024-25, [...]
India's GST system, despite simplifying taxation, grapples with escalating disputes and adjudication delays. Pending cases have surged, blocking significant working capital, especially for MSMEs. Government measures like clarifications and relaxed [...]
The Reserve Bank of India's (RBI) stress test shows that banking asset quality could worsen to 5.6% in case a sharp slowdown in key global economies spills over through trade [...]
India's Goods and Services Tax (GST) collections have doubled in the past five years, reaching a record ₹22.08 lakh crore in FY25, a 9.4% year-on-year growth. The average monthly GST [...]
New rules in India aim to boost infrastructure lending. The Reserve Bank of India reduced provisioning requirements. This move is expected to encourage banks to fund projects. Infrastructure credit had [...]
States and Union Territories are set to raise approximately Rs 2.86 lakh crore from markets in the July-September 2025 quarter, according to the RBI. This borrowing is part of the [...]
India's economy is currently experiencing a 'Goldilocks' moment, with positive macroeconomic indicators and promising growth across various sectors. The government is committed to reforms, including GST simplification and land monetization, [...]
India's external debt surged to USD 736.3 billion by March 2025, a 10% increase from the previous year, driven by currency market volatilities and the appreciation of the US dollar. [...]
India Post is set to embrace digital payments. Post offices will soon accept payments via UPI. A new IT system with dynamic QR codes is being implemented. The rollout will [...]
Businesses in India want simpler GST and fewer tax slabs. A Deloitte survey reveals that sectors like healthcare seek rate rationalisation. Most companies now trust the GST system. They find [...]
The Production-Linked Incentive (PLI) schemes have disbursed Rs 21,534 crore across 12 sectors, boosting domestic manufacturing since its launch in 2021. This initiative spurred investments of Rs 1.76 lakh crore, [...]
While CareEdge Ratings estimate 7-8% impact in toll revenue for the sample project length of 5000 km, Crisil Ratings pegs the loss at 4-8%, suggesting the government should work out [...]
Market News
Indian benchmark indices moved sideways on Tuesday, consolidating gains from last week’s rally that was fueled by easing geopolitical tensions and hopes of a U.S. trade agreement. The Nifty largely [...]
Indian benchmark indices eked out modest gains on Tuesday in a range-bound session. The Nifty closed 0.1% higher, holding firm above its 21-EMA on the hourly chart. [...]
Norges Bank, representing the Norwegian Government Pension Fund Global, offloaded shares at Rs 1,005.94 apiece. Raymond Realty stock closed at Rs 999, down nearly 4% or Rs 40 from the [...]
India's National Stock Exchange (NSE) will open trading of monthly electricity futures from July 14, the bourse operator said on Tuesday, weeks after securing regulatory approval for launching the contracts. [...]
Tesla shares slumped after U.S. President Donald Trump threatened to deport Elon Musk in response to the billionaire’s sharp criticism of his proposed “big beautiful bill.” [...]
The S&P 500 and Nasdaq retreated from record highs as Tesla's stock dipped following renewed tensions between Elon Musk and President Trump. Strong economic data supported the Federal Reserve's cautious [...]
IFCI may emerge as an unlikely beneficiary of the much-awaited NSE IPO, thanks to its 52.86% stake in SHCIL, which owns 4.4% of NSE. With the IPO expected in Q4FY26 [...]
Hyundai Motor India posted 13% YoY export growth in Q1 FY26, with exports contributing 26.7% of total sales. Domestic sales hit 1.32 lakh units while exports stood at 48,140. June [...]
The 30-share BSE Sensex closed up 90.83 points at 83697.29 [...]
In the Nifty50 index, 24 stocks closed in the green, while 26 stocks ended in the red. [...]
Gabriel India, TN Telecom, Zota Healthcare, Innovana Thinklabs and Sindhu Trade, hit their fresh 52-week highs during the day. [...]
The 30-share BSE Sensex closed up 90.83 points at 83697.29 [...]
The Nifty Realty index closed 0.24 per cent down at 984.2. [...]