Latest Financial News & Market Updates
- India’s GST collections hit ₹1.83 lakh crore in February 2026, up 8.1 percent, with Maharashtra, Karnataka, and Gujarat leading. Import-led growth and improved compliance signal a maturing tax system.
- With crude inventories sufficient to meet at least 10 days of requirements and fuel stocks covering another 57 days, India is unlikely to face any nearterm disruption in oil supplies from the closure of the key supply route of the Strait of Hormuz, officials said.
- The deferred payment facility will be available to Eligible Manufacturer Importers (EMIs) meeting prescribed criteria related to Customs and GST compliance, turnover, financial standing and past track record, a finance ministry statement said.
- Nominal GDP levels under India’s new national accounts series are lower than earlier estimates, but the economy is expected to catch up quickly on the back of strong growth, Saurabh Garg, Secretary at the Ministry of Statistics and Programme Implementation (MoSPI), told CNBC-TV18.The government recently rolled out a new GDP series with 2022–23 as the […]
- Statistics Secretary Saurabh Garg highlights India’s resilient economy with real GDP growth above 7%, revised fiscal metrics and robust data systems despite IMF concerns, affirming strong growth trajectory.
- India's forex reserves dropped by USD 2.119 billion to USD 723.608 billion during the week ended February 20, the RBI said on Friday.
- GTRI founder Ajay Srivastava at the Rising Bharat Summit 2026, said India has lost tariff leverage after the US Supreme Court struck down reciprocal duties, urging New Delhi to reassess “what is in it for us now”.
- India is on track to cross the $4 trillion GDP mark in FY27, Chief Economic Adviser V. Anantha Nageswaran said, as MoSPI’s latest base revision shows sustained 7%+ real growth momentum.
- India’s fiscal deficit for April–January FY26 was ₹9.81 lakh crore, 63 percent of the ₹15.58 lakh crore target, lower than last year, aided by stronger revenue collections and fiscal consolidation.
- India’s revised GDP series is pointing to a steadier growth profile with lower quarterly volatility and a stronger second half, economists told CNBC-TV18, as the latest data showed the economy expanding 7.8% in the October–December quarter and 7.6% for the full year FY2025–26.The new numbers released by the Ministry of Statistics and Programme Implementation show […]
- India faces rising fuel prices as Brent crude surges amid US, Israel, and Iran conflict. Closure of the Strait of Hormuz threatens supply, impacting CAD and sectors like paints and chemicals.
- Gurmeet Chadha of Complete Circle says oil markets are reacting to extreme geopolitical risk, but warns that prolonged price shocks are unlikely unless supply disruptions persist, even as gold and silver gain from safe-haven demand.
- Escalating hostilities between Iran and Israel have injected fresh volatility into global energy markets, even as oil supplies remain largely uninterrupted for now. Analysts warn that prolonged conflict, especially involving the Strait of Hormuz or critical energy assets, could sharply push up crude prices and strain energy-importing economies such as India.
- As missiles fly across West Asia and the Strait of Hormuz faces disruption, energy markets are bracing for volatility. However, X-Analysts Founder and CEO Mukesh Sahdev believes the oil shock may be less severe than feared, with global producers, seasonal demand factors and prior market pricing helping prevent an extreme spike in crude prices.
- OPEC+ plans a faster oil production hike amid rising Middle East tensions after US-Israeli strikes on Iran, as crude prices hit seven-month highs and the Strait of Hormuz faces potential disruptions.
- Bharat Coking Coal Ltd saw flat February coal output, a sharp 28.7% drop in offtake.
- Brent crude surged 10% to $80 after US and Israeli strikes on Iran, with analysts warning prices may hit $100 amid Strait of Hormuz closure risks.
- Devina Mehra, Founder, Chairperson and Managing Director of First Global and Gurmeet Chadha, Managing Partner & CIO of Complete Circle say geopolitical tensions may trigger short-term volatility but not a lasting bear market. Mehra advises using market dips to deploy cash, noting past conflicts fade from markets and crude spikes are usually temporary. She prefers […]
- From Larsen & Toubro to Welspun Corp and VA Tech Wabag, these stocks have significant exposure and projects being executed in the Middle East.
- Polymarket had $529M traded on US-Israeli strikes on Iran; six accounts profited $1M, raising insider trading concerns in unregulated markets.