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Economy

Stay updated with the latest economy news, analysis, and trends

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West Bengal Unveils ₹1 Lakh Crore Investment Framework

West Bengal launches a massive land bank and 120+ assistance schemes to attract ₹1 lakh crore in industrial investments and boost economic growth.

Money Markets news: Rupee shows mild strength against US dollar on Thursday

Rupee ends higher against US dollar

The Indian rupee closed at 94.41 against the US dollar on Thursday. The currency rose 5 paise following a decline in global crude oil prices.

Money Markets news: Indian rupee strengthens against US dollar on Wednesday

Indian rupee strengthens against US dollar

The Indian rupee strengthened against the US dollar to end at 94.62 on Wednesday, supported by foreign capital inflows and easing oil prices.

Money Markets news: Bond yields trade lower on Wednesday

Bond yields fall on Wednesday

The yields on new 10-year Government Stock were trading 3 basis points lower at 7.26% from its previous close of 7.29% on Tuesday

Economy news: India’s services PMI rises to 4-month high of 55.8 in October amid easing cost pressures

Services activity expands at fastest pace in four months

The India services PMI climbed to 55.8 in October 2026. This increase follows higher demand and lower input costs across the services sector.

Money Markets news: Rupee shows mild strength against US dollar on Tuesday

Rupee tracks crude oil prices against US dollar

The Indian rupee strengthened by 4 paise to close at 94.80 against the US dollar on Tuesday, supported by foreign capital inflows and oil price trends.

Money Markets news: Bond yields trade marginally lower on Tuesday

Bond yields trade lower on Tuesday

Bond yields on the new 10-year Government Stock traded at 7.30% on Tuesday. This is a 1 basis point decline from the previous close of 7.31%.

Economy news: Central govt's fiscal deficit likely to exceed budget estimate in 2026-27: SBI Research

SBI Research forecasts central fiscal deficit breach

SBI Research expects the central government fiscal deficit to exceed budget estimates in 2026-27 due to higher subsidy expenditure.

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Govt Open to FPI Tax Review, Cites Economic Growth

Finance Minister Nirmala Sitharaman signals openness to reviewing FPI tax policies to address investor concerns and support sustained economic growth.

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SEBI Proposes Removing LTCG Tax for Foreign Investors

SEBI has proposed eliminating the Long-Term Capital Gains tax for Foreign Portfolio Investors to boost capital inflows and market liquidity in India.

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Mastercard Scales Digital Infrastructure in India

Mastercard expands its operations in India to drive digital payment infrastructure, empower SMEs, and foster financial inclusion in a growing economy.

Money Markets news: Bond yields trade lower on Monday

Bond yields trade lower on Monday

Bond yields on the new 10-year Government Stock traded lower at 7.35% on Monday. The rate fell 6 basis points from the previous close of 7.41%.

Economy news: India’s manufacturing sector growth eases in October; PMI at 54.7

Manufacturing sector growth slows in India

India manufacturing sector growth eased in October 2026 with the PMI at 54.7. Factory employment saw a second monthly increase.

Economy news: Gross GST collections rise 23% to Rs 2.31 lakh crore in October driven by festive demand

Gross GST collections reach ₹2.31 lakh crore

Gross GST collections rose 23% to ₹2.31 lakh crore in October 2026. This is the second-highest monthly mop-up recorded in the current fiscal year.

Economy news: Bank credit grows 17.94% Y-o-Y to Rs 232.54 lakh crore as of October 15: RBI data

Bank credit reaches ₹232.54 lakh crore

Bank credit grew 17.94% Y-o-Y to ₹232.54 lakh crore by October 15, 2026, while deposits reached ₹284.37 lakh crore, according to RBI data.

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NRI Mutual Fund Redemptions & Tax Rules Guide

Learn NRI mutual fund redemption rules, capital gains tax rates, NRO account requirements, and last-mile banking hurdles in India.

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FPIs Withdraw Rs 34,843 Crore From Indian Equities in October

Foreign Portfolio Investors withdrew a record Rs 34,843 crore from Indian equities in October due to high valuations, global shifts, and China’s stimulus.

A digital display showing stock market graphs and beverage bottles representing multinational corporations in India.

India Economic Growth Drives Beverage IPOs & Corporate Gains

India’s booming economy and surging GST collections fuel corporate earnings, as beverage giants Carlsberg, Pernod Ricard, and Coca-Cola eye IPOs.

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Reliance Geopolitics & Bosch India AC Expansion

Explore how Reliance Industries navigates geopolitical scrutiny over Starlink, while Bosch expands its footprint in India’s growing AC market.

A computer screen displays a line graph showing a decline in currency reserves next to a document with SEBI branding.

India Forex Reserves Drop to $719B as SEBI Eases FPI Norms

India’s foreign exchange reserves decline to $719.75 billion while SEBI updates KYC review periodicity rules for Foreign Portfolio Investors.

Money Markets news: Rupee strengthens against US dollar on Friday

Rupee strengthens against US dollar

The Indian rupee strengthened against the US dollar to close at 94.89 on Friday, supported by easing US bond yields and domestic economic growth.

Money Markets news: Bond yields trade flat on Friday

Government bond yields trade flat on Friday

The yields on new 10 year Government Stock were trading flat with its previous close of 7.38% on Thursday

Economy news: India’s growth momentum holds firm, but inflation and external risks persist: Finance Min…

Finance Ministry reports steady India economic growth

The Finance Ministry reports India’s GDP grew by 7.35 per cent in the second quarter, supported by domestic demand and structural reforms.

Money Markets news: Rupee trades flat against US dollar in early trade on Friday

Rupee trades flat against US dollar

The Indian rupee traded flat against the US dollar on Friday, holding at its previous close of 95.2650 amid global economic factors.

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Sagility Promoter Offloads 12% Stake in Rs 2,377 Cr Block Deal

Sagility B.V. plans to sell a 12% stake in healthcare firm Sagility via a Rs 2,377 crore block deal at Rs 42.45 per share, offering a 5% discount.

A close-up of a financial monitor displaying upward-trending stock market graphs and data representing Indian IPO listings.

Indian Mainboard IPO Market Surges in Q2 FY27

Discover how the Indian mainboard IPO market achieved strong growth in Q2 FY27, raising INR 876 billion with high investor confidence and oversubscription.

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Global Gold Prices Surge Amid US Election & Middle East Tensions

Gold prices hit record highs as investors seek safe-haven assets driven by US election uncertainty and Middle East geopolitical tensions.

Money Markets news: Bond yields trade lower on Thursday

Bond yields trade lower on Thursday

Bond yields for the 10-year Government Stock traded lower at 7.38% on Thursday. The decline follows global treasury and oil price movements.

Money Markets news: Indian rupee shows mild strength against US dollar on Thursday

Indian rupee gains against US dollar

The Indian rupee strengthened by 2 paise to close at 95.26 against the US dollar on Thursday, supported by foreign institutional investor inflows.

Economy news: India stays on path of fiscal consolidation: RBI Deputy Governor

RBI Deputy Governor outlines India fiscal path

RBI Deputy Governor Poonam Gupta says India is on a path of fiscal consolidation and maintains a credible inflation record over the last decade.