The Centre’s fiscal deficit reached 29.9% of the full-year FY26 target by July 2025, reflecting higher expenditure outflows and moderate revenue collections in the first four months of the fiscal year. While the...
The Centre’s fiscal deficit reached 29.9% of the full-year FY26 target by July 2025, reflecting higher expenditure outflows and moderate revenue collections in the first four months of the fiscal year. While the...
Reliance Jio has officially announced its much-awaited IPO, set to be one of the largest public offerings in India’s market history. The listing is expected to attract massive investor interest, given Jio’s dominant...
The Government of India will commence pre-Budget consultations from October 9, 2025, engaging with industry leaders, economists, and stakeholders to finalize priorities for the upcoming Union Budget. The discussions will focus on growth...
India recorded robust gross Foreign Direct Investment (FDI) inflows during May and June 2025, highlighting continued global investor confidence in its growth story. However, net FDI inflows moderated, reflecting higher outflows and repatriations....
India’s much-discussed advantage from discounted Russian oil imports may be smaller than widely believed. According to recent estimates, the actual financial gain amounts to only $2.5 billion, significantly lower than earlier projections. While...
Ajay Bhushan Pandey, Chairperson of the National Financial Reporting Authority (NFRA), emphasized that audit committees must play a proactive role in ensuring the independence of auditors. Speaking on strengthening corporate governance, he warned...
According to a new report by Ambit Capital, a GST rate reduction has a significantly higher multiplier effect on the economy compared to income tax cuts. While income tax relief boosts disposable income...
Finance Minister Nirmala Sitharaman announced that more than 56 crore Jan Dhan accounts have been opened in the past 11 years under the Pradhan Mantri Jan Dhan Yojana (PMJDY). The milestone highlights India’s...
State governments have urged the Centre to adopt tough measures to prevent profiteering by businesses in the wake of GST rate cuts. While the reform is designed to ease prices for consumers and...
In a landmark shift, personal income tax collections have overtaken corporate tax revenues in India for the first time, according to official reports. The development highlights a significant change in the country’s tax...
GST authorities have uncovered ₹104 crore worth of tax evasion linked to the illicit tobacco trade during the first quarter of FY25, according to official data. A total of 61 cases were detected,...
The Central Board of Direct Taxes (CBDT) has announced plans to simplify Income Tax Return (ITR) forms to align with the newly enacted direct tax legislation. The move aims to reduce compliance burdens...
The government is considering a major GST rate cut on food and textile items, aiming to ease the burden on households while boosting demand in two of India’s most critical consumption-driven sectors. The...
The Reserve Bank of India (RBI) is expected to maintain its overall monetary policy stance, but may opt for subtle adjustments in liquidity and communication to balance growth and inflation risks. Analysts suggest...
North India has emerged as the fastest-growing region for stock market investors, recording a 20% year-on-year (YoY) increase in its investor base, according to fresh data released by the National Stock Exchange (NSE)....
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