Economic & Finance News
The government has extended Chief Economic Adviser V Anantha Nageswaran's term by two years, until March 31, 2027. This indicates policy continuity following the recent Economic Survey for 2024-25, which [...]
NRI bank account inflows rose by 42.8% to $13.33 billion between April and December 2024, compared to the previous year. FCNR(B) deposits saw the highest growth, almost doubling to $6.46 [...]
Uttar Pradesh's 2025-26 budget, presented by Finance Minister Suresh Kumar Khanna, totals Rs 8,08,736 crore, focusing on research, development, and IT. Key allocations include 22% for development, 13% for education, [...]
The new income-tax bill, likely to be implemented on 1 April 2026, aims to streamline and simplify the tax code. Expected to reduce litigation, the bill introduces clearer language and [...]
Four states have managed to reduce their debt-to-GSDP ratio, while others like Punjab and Tamil Nadu have seen sharp increases, potentially exceeding 50% by 2027-28. The study calls for revising [...]
The Economic Review for 2024-25 reveals that West Bengal has experienced significant economic growth over the last 13 years, largely due to fiscal discipline. The state's nominal GSDP reached Rs [...]
Investment proposals worth nearly Rs 10 lakh crore have been made for Karnataka, prioritizing renewable energy, steel, semiconductors, and automobiles. Companies including Mahindra & Mahindra, JSW Group, Bosch, Toyota, and [...]
Net direct tax collection in New Delhi grew 14.69% to over Rs 17.78 lakh crore this fiscal, with personal income tax up 21% to Rs 9.48 lakh crore, and corporate [...]
President Trump's tariffs on steel, aluminum, and potential reciprocal tariffs are impacting global markets, particularly India. FIIs are exiting due to reasons like a strong dollar and high US bond [...]
The Centre has released Rs 1.11 lakh crore loan to states during April-January under a capital expenditure scheme. The allocation for interest-free loans in the 2024-25 Budget increased to Rs [...]
Gold prices have jumped over 10% in early 2025, driven by safe-haven demand amid global trade war fears following new US tariffs. The Reserve Bank of India has increased gold [...]
The Finance Bill's restriction on resident Indians investing more than 5% indirectly in offshore funds is hindering global fund managers from moving to India. This 5% limit, aimed at preventing [...]
The Union Budget for 2025-26 emphasizes fiscal consolidation and economic growth, maintaining the deficit-to-GDP ratio at 4.4%. Capex-to-GDP remains steady, while debt-to-GDP shows a downward trend. The reduction in income [...]
The Reserve Bank of India (RBI) will remain attentive and responsive to the liquidity needs of the banking system following the recent policy rate cut. Governor Sanjay Malhotra emphasized that [...]
The British tax office has requested India to recover unpaid taxes from an Indian businessman now settled in India, utilizing an uncommon treaty provision. The HM Revenue and Customs seek [...]
Market News
MTF is a leveraged financial product enabling investors to acquire a greater number of shares than their available cash balance might normally allow. In contrast to futures and options (F&O) [...]
FII holdings in IndusInd Bank fell from 39.2% in September 2024 to 30.3% in December 2024 — an 8.9% decline that resulted in a selloff of Rs 77,614 million. [...]
Imagine a company that initially has 100 million outstanding shares and earns a net income of $50 million, resulting in an EPS of $0.50. If the firm decides to repurchase [...]
With valuations becoming more attractive and India's premium over global equities shrinking, the market is at an inflection point. While technical indicators suggest caution, Dinshaw Irani believes long-term investors may [...]
The Nifty has tested the 22,800 mark twice and remains under pressure with technical signs of weakness, though market expert Deven Choksey, MD at DRChoksey FinServ, believes the end of [...]
The record date is the cutoff for determining shareholders entitled to dividends, bonus shares, or stock splits. Investors must have shares in their Demat accounts by this date to qualify. [...]
Pharma and realty sectors delivered robust performance this quarter, propelled by strong demand and improved operational efficiencies, much like the previous period. In contrast, energy and infrastructure struggled with income [...]
During the week, over 400 smallcap stocks saw negative returns, with 23 experiencing double-digit losses. Suratwala Business Group was the biggest loser at -53%, followed by Best Agrolife (-31%), Dee [...]
Asian markets rose Friday, with Hong Kong leading the way thanks to a surge in tech stocks led by ecommerce titan Alibaba. But Asia fared, with Hong Kong piling on [...]
Promoters of Alkem Laboratories sold shares worth ₹300.3 crore through Samprada & Nanhamati Singh Family Trust in a block deal on Friday, selling 641,000 shares at ₹4,680 each, representing 0.54% [...]
U.S. stocks fell sharply on Friday due to bleak economic data and tariff concerns, closing a volatile, holiday-shortened week. The S&P 500 had its largest one-day drop since December, impacted [...]
Nvidia's upcoming profit report could significantly impact the U.S. stock market, as it will confirm the stability of the AI-driven investment trend. Despite a recent setback due to the emergence [...]
Standard Chartered Bank reported a modest 3% increase in profit before tax in India for 2024, driven by higher fee and trading income despite a decline in net interest income. [...]
Nomura has identified Axis Bank as one of its top stock picks due to its attractive valuation after a recent price drop. Despite past underperformance due to slow loan and [...]
Godrej Industries saw a significant increase in its stock price, jumping 13.2% on Friday and up 38% over the past five trading sessions, following better-than-expected third-quarter results. The company reported [...]