Economy News

Simplified language in new Income Tax Bill a significant shift: FM Sitharaman

FM Sitharaman clarifies GST issue related to apartment associations

The Finance Minister further stated that apartment associations having maintenance charges up to Rs 7,500 per month per member or having aggregate turnover of goods and services below the threshold need not be registered under GST.

Jul 28, 2025

Sensex projected to touch 115,836, Nifty to surpass 43,800 by FY28: Report

Indian Markets post modest weekly decline as Q1 earnings disappoint

The Nifty50 breached the key level of 24,900, and reached 24,837 when the market closed on Friday. FIIs consistently remained net sellers for last five sessions, reflecting broad-based selling pressure. Mid-cap and small-cap indices saw steeper corrections, underperforming the benchmark.

Jul 26, 2025

India to be 3rd-largest economy by 2028, to reach $10.6 trillion by 2035: Morgan Stanley

New economic architecture: Navigating tech dominance and turbulent trade in 21st century

By fostering broad-based educational excellence, supporting small and medium enterprises, and ensuring equitable digital access, India can bridge internal divides while solidifying its place in the global order.

Jul 26, 2025

US dollar may no longer be sole anchor in global currency, rupee remains strong

Meanwhile, the Euro and British Pound have gained ground, following timely and aggressive rate cuts by the European Central Bank (ECB) and the Bank of England (BOE), according to Emkay Wealth Management's latest report.

Jul 25, 2025

India expected to clock 6.6 pc growth in FY26 despite uncertain global outlook

India expected to clock 6.6% growth in FY26 despite uncertain global outlook

The Standard Chartered global outlook report expects India to clock steady GDP growth of 6.6 per cent in FY26 compared to 6.5 per cent in FY25. While strong macro fundamentals provide the cushion, the bank also flags that India is not immune to tariff risk and the outcome of trade talks with the US and the EU will be key to growth prospects.

Jul 22, 2025

Rupee weakens against dollar amid global and domestic economic pressures

At the interbank foreign exchange, the rupee opened at 86.27 against the greenback. During the initial trading session, it hit a low of 86.36, marking a 20 paise drop from its previous close. On the preceding Friday, the rupee had settled 4 paise lower at 86.16 against the US dollar.

Jul 21, 2025

Dividend Stocks To Watch This Week — Hero MotoCorp, 3M India, LIC, Divi's Labs

Key Dividends to watch out for : Hero MotoCorp, LIC, and more

Hero MotoCorp, 3M India Ltd., Life Insurance Corp., Divi's Laboratories Ltd., Pidilite Industries Ltd., Hatsun Agro Product Ltd., Lupin Ltd. and Union Bank of India are some of the companies that are set to issue dividends to their stakeholders ahead of their respective record dates next week.

Jul 20, 2025

Sensex, Nifty open lower amid uncertainty around Trump tariffs

Domestic markets continue protracted correction this week amid Q1 earnings

The IT sector remained under strain due to muted performance and cautious outlooks amid global demand uncertainty, while financials are also expected to report subdued results due to expected NIM contraction and asset quality concerns.

Jul 19, 2025

us dollar rupee investments fii india exchange rate inflation us fii fpi stock markets sensex donald trump modi india currency ban

India's trade dilemma: Rising US tariffs and strategic economic realignment

India stands at a critical economic juncture. The combination of sound domestic macroeconomics and rising external frictions presents both a test and an opportunity.

Jul 15, 2025

India's economy has tripled in size over last decade

Reserve Bank of India expects this pace to continue into 2025–26. Other projections echo this optimism, with the United Nations forecasting growth of 6.3 per cent this year and 6.4 per cent next year, while the Confederation of Indian Industry places its estimate slightly higher at 6.4 to 6.7 per cent.

Jul 6, 2025

Donald Trump orders investigation into possible tariffs on copper

Persistent demand to fuel copper prices to rally to Rs 980-Rs 1,020 per kg: Report

Favourable conditions, including a balance between surplus projections and persistent demand concerns, a decline in the US dollar, and expectations around rate cuts, are leading the upward trend path ahead for copper, according to the report by Motilal Oswal Financial Services.

Jul 5, 2025