Economic & Finance News
The EPFO has decided to enhance the auto settlement of advanced claim (ASAC) limit from Rs 1 lakh to Rs 5 lakh, aiming to improve the ease of living for [...]
Taxpayers claiming HRA exemptions but failing to deposit TDS on rent are receiving Income Tax Department notices. Under Section 194-I, tenants paying rents over ₹50,000 per month must deduct 2% [...]
India's fiscal deficit for April-February stood at 13.47 trillion rupees, representing 85.8% of the annual estimate. Net tax receipts reached 20.16 trillion rupees, or 78.8% of the annual target. The [...]
The Centre will borrow ₹8 lakh crore via dated securities in the first half of the next fiscal year to fund its revenue gap. This amount includes ₹10,000 crore through [...]
The Finance Ministry announced its H1 FY 2025-26 borrowing plan, raising Rs 8 lakh crore via 26 weekly auctions and spreading borrowing across maturities from 3 to 50 years. Rs [...]
States' debt in India is expected to reach ₹94.4 lakh crore by March 2025, comprising 32.7% of GSDP, and to further climb to ₹103.6 lakh crore by FY26, driven by [...]
Close co-operation among government agencies, financial entities, and civil society is necessary to countermoney laundering and terror financing threats, according to RBI governor Sanjay Malhotra. He emphasized a risk-based approach [...]
RBI Governor Sanjay Malhotra stressed the importance of balanced measures to combat money laundering, warning against overzealous regulations that hinder legitimate activities. He highlighted the crucial role of the private [...]
Prime Minister Narendra Modi's administration is addressing a $346 billion debt through longer-dated sovereign bonds with a growing influence of households investing in insurers. This shift has led to a [...]
States have ramped up borrowings due to cheaper funds and low yields, driven by the absence of central government security auctions in March. Institutional investors are absorbing these issuances, anticipating [...]
The government currently has no plans to abolish the long-term capital gains tax, as stated by the finance minister. Significant changes have been introduced in the 2024-25 Budget to simplify [...]
Goa Chief Minister Pramod Sawant has been named the convenor of the GoM on GST revenue analysis, as decided in the 55th GST Council meeting. The GoM will focus on [...]
Tamil Nadu has become a significant beneficiary of the Production-Linked Incentive (PLI) scheme, particularly in the electronics and automobile sectors. Union Finance Minister Nirmala Sitharaman highlighted the state's advantage, with [...]
Prime Minister Modi highlighted the significant contributions of the Indian diaspora in the US. An RBI analysis shows India's remittances have surged, with advanced economies like the US and UK [...]
In 2015, the Finance ministry introduced a sovereign gold bond program to reduce gold imports and offer returns linked to gold prices. However, the program turned costly as gold prices [...]
Market News
Prozeal Green Energy and Gujarat Kidney and Super Speciality Ltd have filed for IPOs. Prozeal aims to raise Rs 700 crore for working capital and debt repayment, while Gujarat Kidney [...]
The interview discusses the rapid evolution of India's options market, regulatory measures, and the role of derivatives. It covers Smallcases' performance, systematic investing, and market outlook for 2025, favoring large [...]
Citi Research reaffirmed its buy/high-risk rating on Vodafone Idea after the government raised its stake to 48.99%, easing financial strain. However, VI still faces capital and network expansion challenges. Indus [...]
Nifty remained volatile on the first day of the new series before closing weaker. [...]
The Nifty Media sector was the worst-performing sector in FY25, dropping 18%, while the Nifty50 gained 5%. Six key media stocks, including Dish TV, Network 18, and Zee Entertainment, fell [...]
Hindustan Zinc, Inox Wind, and PNB Housing Finance saw sharp gains after their inclusion in the NSE’s F&O segment on March 28, driving higher trading volumes and turnover. Historically, F&O [...]
European shares fell on Monday, as cautious investors fled risky bets after U.S. President Donald Trump said that tariffs would target all countries, fuelling fears of a global economic slowdown. [...]
Japan's Nikkei share average closed near an eight-month low on Monday, following sharp losses on Wall Street in the previous session, as investors assessed the risk of imminent U.S. trade [...]
The Nifty Financial Services sector outperformed in FY25, rising 20% against Nifty50’s 5% gain. Top-performing stocks, including Muthoot Finance and Shriram Finance, posted returns between 22% and 61%, reflecting strong [...]
The number of Indian companies with a market capitalisation of over Rs 1 lakh crore has surged 40 times over last 24 years. This reflects the country's strong economic growth [...]
In FY25, 58 equity mutual funds delivered double-digit returns, while 242 out of 268 posted gains. However, 26 funds recorded negative returns, eroding investors’ wealth on lump sum investments. This [...]
The Investment Friendliness Index, introduced in Union Budget 2025, aims to boost competitive federalism by ranking Indian states based on investment potential. It evaluates factors like infrastructure, taxation, and business [...]
The Indian stock market remained closed on Monday for Eid al-Fitr 2025. On Friday, Sensex and Nifty ended lower due to weakness in auto and IT stocks, amid investor caution [...]
The US is set to impose sweeping "reciprocal" tariffs on April 2, sparking market volatility. While global markets brace for impact, India may benefit from trade shifts. [...]
April has been a seasonally strong month for Nifty, closing positive in seven of the last ten years. FIIs were net sellers in early 2025, while DIIs remained buyers. FIIs [...]