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New bills have been introduced to change taxes on tobacco and pan masala. The Central Excise Amendment Bill will levy excise duty on tobacco prod
HSBC PMI: Manufacturing activity at nine-month low
India's manufacturing sector saw a slowdown in November, reaching a nine-month low. This easing was attributed to US tariffs impacting sales and
November GST mop-up grows slowest in fiscal due to rates revamp
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 gr
India's Industrial output at 14-month low in October
India's industrial production saw a significant slowdown in October, dropping to a 14-month low of 0.4 percent. This decline follows a boost from
Cautious optimism: on India and growth
Indias challenge is to maintain the growth momentum
Nirav Modi, Mehul Choksi, Vijay Mallya, Nitin Sandesara, Chetan Sandesara and Sudarsan Venkatraman are among India's 15 Fugitive Economic Offende
Govt. dispenses with committee nod for exploration, geological reports for coal, lignite blocks
The Coal Ministry estimates this would help in early operationalisation of the block
Steel panel meets companies on import substitution of high-value products
In a bid to bolster local industry, a parliamentary committee is advocating for the domestic production of essential steel components. Leading ma
DOT mandate requires that app-based communication services must remain continuously linked to the SIM card for identification of users or for the
EPFO clears 99% of applications for higher pensions; fund supports minimum pension of Rs 1,000
The Reserve Bank of India has launched the National Strategy for Financial Inclusion (NSFI) 2025-30, aiming to expand financial access and usage
Rupee outlook: Currency slips to 89.53 against US dollar; manufacturing and industrial growth slow
The Indian rupee fell to a new low of 89.53 against the US dollar on Monday, driven by increased dollar demand and trade deficit concerns. Limite
RBI governor releases five-year national financial inclusion strategy
The Reserve Bank of India has launched a new five-year plan to boost financial inclusion. This strategy focuses on improving access and usage of
Telangana to host friendly match with Lionel Messi; CM to flag off
Lionel Messi will visit Hyderabad on December 13 for the GOAT Tour to India 2025, where Telangana CM A Revanth Reddy is expected to kick off a fr
Asia Pacific economies are urged to boost local currency trade invoicing for goods like textiles and metals, potentially extending to services an
Indian markets mirrored global trends as US stocks dipped. Bitcoin's slide impacted crypto firms. Global bond yields rose, influencing investor s
'Big Short' fame Michael Burry targets Tesla after slamming AI valuations
Michael Burry, the investor famous for The Big Short, has labeled Tesla idiculously overvalued, citing significant shareholder dilution and Elon
Indias current account gap narrows in Q2 on higher services exports, remittances
India's current account deficit significantly eased to $12.3 billion in Q2 FY24, primarily driven by robust services exports and remittances. Thi
GST benefits propel November auto wholesales
Most of the top auto companies reported over 20% growth YoY indicating robust performance
Financial fraudsters are increasingly targeting small business and current accounts to move illicit funds, a shift from previous reliance on reta
Indian importers are securing substantial volumes of South American soybean oil for delivery in 2026, anticipating a surge in palm oil prices. Th
Q2 FY26 FDI equity inflows up 20.5% on year
Foreign direct investment equity inflows into India saw a significant jump of 20.5 percent year-on-year, reaching $16.4 billion in the July-Septe
Sebi to simplify offer document summary to encourage informed investor feedback
Markets regulator Sebi is looking to rationalise and simplify the offer document summary to encourage informed investor feedback and reduce relia
Says uncertainty involving exports to the US had ebbed a bit following commitments made by big pharma
Ahead of Market: 10 things that will decide stock market action on Tuesday
Markets hit fresh record highs before slipping into mild losses as pharma and financial weakness offset support from autos and IT. Analysts flagg
Rupee at record low: Equity outflows and US deal delay hurt sentiment
The rupee hit a record closing low of 89.5475 per US dollar on Monday, pressured by the RBIs maturing positions in the non-deliverable forward ma
NITI Aayogs Ramesh Chand calls for gradual cut in farm emissions
He emphasised the need for rural women to gain direct access to markets, noting their growing workforce presence and higher productivity
To complying with SEBIs MPS norm: Govt to sell up to 6% stake in Bank of Maharashtra via OFS
As per SEBIs minimum public shareholding norm, listed companies should have at least 25 per cent public shareholding
Organic food exports: NE focus, cereals & millets drive growth
India aims to achieve $2 billion in organic food exports by 2030, with current exports reaching $665 million in 2024-25. The nation's organic pro
RBI MPC Meet 2025: Date, time, and where to watch Governor Sanjay Malhotras policy statement
The RBI's Monetary Policy Committee meets amid strong economic growth and record low inflation. Governor Sanjay Malhotra leads the panel, which i
GST collections slip on rate cuts to Rs 1.7 lakh cr in November
New Delhi: Indias Goods and Services Tax (GST) collections slipped to a year-low of Rs 1.70 lakh crore in November, growing at a meagre 0.7 per c
Market Trading Guide: Buy Paytm, Bank of Baroda and 2 more stocks on Tuesday for up to 13% gains
Nifty reversed from its lifetime high and closed lower despite strong GDP data, signalling extended consolidation. Analysts expect sideways movem
Colder winter likely in central, north-west, peninsular regions during Dec-Feb, says IMD
Weak La Nia conditions to continue during December, before it turns to neutral phase in January-March
Foreign Direct Investments rise 18% to $35.18 billion in April-September; inflows from U.S. double
Investments from overseas during the April-September period of the previous fiscal stood at $29.79 billion
RBI receives highest complaints against private banks in FY25, annual ombudsman report shows
Overall, under the RB-IOS, 13.34 lakh complaints were received in FY25 versus 11.75 lakh in previous fiscal.
Nvidia takes $2 billion stake in Synopsys with expanded computing power partnership
The two companies are partnering to accelerate computing and AI engineering solutions. Nvidia takes $2 billion stake in Synopsys with expanded co
Intel stock holds 10% rise after analyst predicts major Apple deal
Intel's share price was down slightly on Monday after a 10% spike on Friday after analyst Ming-Chi Kuo said the chip giant was nearing a deal to
Gold gains 2,200 per 10 grams on firm global trend
Rising for the sixth consecutive session, spot silver gained 2 per cent to hit a lifetime high of $57.85 per ounce in the global markets
India-Canada trade pact: Negotiations likely to begin afresh as agenda more ambitious
The two are now eyeing a comprehensive pact as opposed to an interim deal when talks were suspended in September 2023
NCLT dismisses Brookfields 1,080 crore bid to acquire IL&FS Mumbai HQ
A spokesperson from Brookfield said that contrary to the argument by ILFS, NCLT has found that the LoI is a concluded contract between the partie
US stocks open lower ahead of Fed's Powell's speech, manufacturing data
Wall Street's main indexes opened lower on Monday as investors stood on the sidelines ahead of fresh economic data and a closely watched speech f
IT giant LTIMindtree won't apply for fresh H-1B visas anymore
LTIMindtree, one of India's leading IT companies, has announced its decision to stop filing fresh H-1B visa applications from the next US cycle.
Rupee closes at record low of 89.55 amid unwinding of RBI's short positions
The rupee sank to a record 89.79 intraday and closed at 89.55 despite heavy RBI intervention. Stop-loss triggers, offshore position unwinding, im
India's current account deficit shrinks to $12.3B in Q2 FY26
India's current account deficit (CAD) has narrowed significantly in the July-September quarter of fiscal year 2025-26.
Worrying: India's industrial output slips to 13-month low in October
India's industrial production growth has slumped to a 13-month low of 0.4% in October, official data from the Ministry of Statistics and Programm
Airbus facing quality issue in A320 jets, deliveries delayed
Airbus has flagged a quality control problem with the fuselage panels of several dozen A320-family aircraft.
Q2 current account deficit widens to 1.3% of GDP against 0.2% in Q1 FY26
Weak financial inflows and a drop in reserves contributed to the steep rise in the Q2 current account gap
ICICI Prudential AMC, Powerica, 2 others secure Sebi nods to launch IPOs
Sebi has approved IPO proposals of ICICI Prudential AMC, Powerica, Annu Projects and Technocraft Ventures, allowing them to proceed after DRHP re
AI-powered creative automation reshapes marketing costs, workflows, outcomes
Aditya Singh, Co-Founder & Partner at All in Capital, noted that investment in the sector is being driven by the dramatic fall in the cost and ti
SEBI approves 10,000 crore IPO of ICICI Prudential AMC
ICICI Prudential AMC is Indias largest active mutual fund manager with 13% market share and 8.79 lakh crore in quarterly average AUM as of March-
FinMin: Equity exposure of LIC to Adani Group firms less than 5%
Sitharamans clarification followed a report in The Washington Post, which claimed that Finance Ministry officials orchestrated a plan to steer LI
Bombay HC throws out petitions against WeWork India IPO nod
Court imposes 1-lakh cost on one petitioner; relief for coworking operator as listing plan moves ahead
India's IPO market is buzzing with activity, with nearly two dozen companies set to launch public issues soon, potentially raising Rs 40,000 cror
FDI into India rises 18% in AprilSeptember, US inflows more than double
Government data shows that inflows from the US more than doubled to $6.62 billion, making it one of the strongest contributors during the period
Exports buoy agrichem firms, revenue growth seen consolidating to 6-7% in FY26: Crisil
The industrys return to its long-term growth range of 8-10% next fiscal year will depend on whether exports sustain the current momentum and dome
Indias reform challenges are now qualitatively different from the early liberalisation phase, which mainly required persuading bureaucrats, while
Tamil Nadu CM MK Stalin inaugurates Wonderlas 611 crore Chennai park
Spanning 65 acres and comprising of 43 rides across, the park can entertain up to 6,500 visitors everyday
Budget 2026: PHDCCI presents pre-budget suggestions to Finance Minister Sitharaman for MSME sector
PHDCCI has presented pre-budget suggestions to Finance Minister Nirmala Sitharaman for the MSME sector. The proposals focus on easier taxes, chea
Many robust MSMEs still not in capital markets: Tuhin Kanta Pandey
Baashyaam Group acquires Standard Chartered Bank property at Haddows Road, Chennai for 1,212 crore
The land value, including registration costs, is estimated at around 1,212 crore
Sugar production up 50% in OctNov; millers seek higher export quota
As of November 30, as much as 486 lt of sugarcane was crushed against 334 lt a year ago
Banks can't rely on service providers' assurance: RBI deputy guv on technology outsourcing
RBI deputy governor Swaminathan J. urges lenders to gain a deep understanding of the technology, control environment, and the concentration risk
GST Rationalisation: 260/Tonne average reduction in price of coal supplied to Power sector
The revision in GST has rationalized the tax burden across various coal grades, as the previous GST regime led to higher effective tax incidence
Rebound in exports to offset agrochem makers weak domestic sales hit by excess monsoon
Agrochem industry revenues to grow by 6-7% this fiscal, says Crisil Ratings
Nine BSE 100 stocks climbed to their 52-week highs, touching their best levels in a year. Such breakouts are seen as bullish signals, indicating
We will infuse 1,000 crore over the next 3 years: Rainbow Childrens Medicare CMD Ramesh Kancharla
Kancharla talks about the 25-year-old journeyof the hospitaland the road ahead
During the Winter session of Parliament, Finance Minister Nirmala Sitharaman introduced Bills to impose a cess on tobacco and tobacco products.
SAI Parenterals buys 74.6% stake in Australias Noumed Pharmaceuticals for 125 crore
Noumed Pharmaceuticals is a supplier of private label over the counter products to pharmacy chains across Australia and New Zealand
As MHA strips Ladakh of financial powers, leaders say move aimed to tighten control
Under the new system, all such approvals will be exercised directly by the MHA.
Tata Motors strengthens lead as Indias EV demand softens
Vietnams Vinfast, the recent entrant in the Indian EV cars space, is making rapid strides in the Indian electric cars market.
Bajaj Finance to sell 2% stake in Bajaj Housing Finance in block deal: Report
Bajaj Finance may offload a 2% stake in Bajaj Housing Finance via a block deal at a 9% discount. The stock remains oversold despite solid Q2 prof
Union Mutual Fund to launch SIF in Feb under Arthaya
We have already received initial approval from SEBI and the first fundan equity long-short strategywill be launched by February, says Madhu Nair,
India bonds skid to over two-month low on rupee slide, rate-cut doubts
Indian government bonds slipped on Monday, with the benchmark note closing at its lowest in more than two months, as robust economic growth data
India's current account deficit moderates to $12.3 billion in Sept quarter: RBI
India's current account deficit saw a significant reduction in the July-September quarter. This improvement was driven by a narrower merchandise
Indias factory output slows to 0.4% in October, lowest in 13 months
Manufacturing grew 1.8 per cent, while mining and electricity contracted by 1.8 per cent and 6.9 per cent, respectively
LTTS unveils AI-powered lung diagnostics platform with NVIDIA
The platform integrates with CT imaging and uses deep learning models to create 3D digital twins of lung anatomy, visualising airways, blood vess
Gainers & Losers: Lenskart, Wockhardt among 6 stocks that were in focus on Monday
Indias strong 8.2% Q2 GDP briefly lifted markets to new highs before pharma and financial weakness dragged indices lower. Lenskart, Hyundai, Wock
Markets slip from record highs as profit-booking erases GDP-fueled rally
Among sectoral indices, Nifty Auto, Metal, IT, and PSU Bank displayed strength, while Realty, Healthcare, and Pharma indices closed in the red
Success through synergy: RBI Deputy Governor warns of rising risks, calls for stronger collaboration
Addressing the Standard Chartered Bank's annual flagship event, Success Through Synergy, the RBI DG emphasized that collaboration, not competitio
8th Pay Commission BIG Update: Will DA/DR merge with basic pay? Here's what Finance Minister said
8th Pay Commission latest updates: The Union Minister of State for Finance Pankaj Chaudhary on Monday said that the union government has notified
