Economy News

Centre seeks inputs on proposed income-tax rules and forms

Centre seeks inputs on proposed income-tax rules and forms

Before the final notification of the Income Tax Rules and Forms, to encourage wider stakeholder participation, the proposed Income Tax Rules and Forms have been uploaded on the official website, according to Finance Ministry on Sunday. Feb 8, 2026
UPI now live in UAE, Singapore, Bhutan, Nepal, Sri Lanka, France, Mauritius, Qatar; 23 MoUs signed for digital public infrastructure adoption

UPI now live in UAE, Singapore, Bhutan, Nepal, Sri Lanka, France, Mauritius, Qatar; 23 MoUs signed for DPI

The government has also signed MoUs with 23 countries to share or adopt India's Digital Public Infrastructure (DPI), including platforms like Aadhaar, DigiLocker, CoWIN, and API Setu, to promote global adoption of India Stack solutions. UPI transactions in January 2026 recorded 21.70 billion transactions, a 28% year-on-year growth in count and 21% growth in transaction value at ₹28.33 lakh Feb 6, 2026
Sensex, Nifty end in green ahead of RBI MPC decision

Sensex, Nifty end in green after positive cues from RBI MPC meet

At the closing bell, Sensex gained 266 points, or 0.32 per cent, to settle at 83,580. Nifty surged 50 points, or 0.20 per cent, to close at 25,693. The broader markets showed divergence from benchmark indices, as Nifty Midcap 100 index lost 0.02 per cent, while the NSE Smallcap 100 shed 0.27 per cent. Feb 6, 2026
RBI plans to allow bank lending to REITs: Governor

RBI plans to allow bank lending to REITs: Governor

The RBI also proposed removing the requirement of prior approval for NBFC-ICCs lending against gold to open new branches, and announced a review of lending norms for urban co-operative banks to improve flexibility while maintaining prudential discipline. Feb 6, 2026
RBI's rate decision reflects favourable assessment of India's growth: Economists

RBI's rate decision reflects favourable assessment of India's growth: Economists

Economists said the Reserve Bank of India's decision to keep the repo rate unchanged at 5.25 per cent reflects a favourable assessment of India's growth and inflation outlook. The Monetary Policy Committee (MPC), in its first policy review of 2026, opted for a pause, which analysts expect to continue in the near term amid a positive cyclical upswing and confidence stemming from the conclusion of multiple trade deals. Feb 6, 2026
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