Finance-Economy-News-The Economic Times - Seite 3 
India plans Rs 7.86 lakh crore bond sales in H2, trims borrowing amid yield pressure
India's government aims to raise 7.86 trillion rupees through bond sales between October and March. The gross borrowing limit for the fiscal year has been reduced to 16 trillion rupees. Issuance of longer duration securities has been increased to 45.6% of total borrowing. Treasury bills will be sold weekly, albeit at a lower amount than earlier this year.
Market participants said large public sector banks were seen selling dollars at the behest of the Reserve Bank of India (RBI) in a market with thin volume, helping the local currency recover from the near 96 level despite global crude price hovering around $105 a barrel and raising the risk of imported inflation.
India records highest-ever FDI of $94.53 billion in FY26, inflows since 2014 reach $843 billion: Piyush Goyal
India achieved its highest-ever annual Foreign Direct Investment of USD 94.53 billion in FY 2025-26. Cumulative FDI inflows from FY 2014-15 to FY 2025-26 reached USD 843 billion. The Production Linked Incentive schemes have attracted significant investments and generated millions of jobs. Key sectors benefited include electronics, pharmaceuticals, and IT hardware as outlined by the Commerce and Industry Minister.
Economic Affairs Secretary underlines need for household savings to be channelled into India's financial system
Economic Affairs Secretary Anuradha Thakur emphasised India's potential for greater global financial integration. She highlighted the importance of household savings contributing to a stable financial system and the need for ongoing reforms.
Rupee may not just stabilise, but appreciate from current levels: RBI Dy Guv Poonam Gupta
RBI Deputy Governor Poonam Gupta mentioned the rupee could stabilize or appreciate after its recent depreciation. She highlighted India's potential to reduce the current account deficit through services exports and remittances. Gupta noted that capital account conditions may improve, supporting foreign investments. She emphasized the RBI's capacity to manage external pressures and maintain orderly exchange rates. The overall outlook indicates a positive trend for the rupee and India's financial stability.
BRICS economies must shape global tax rules for next generation, says FM Sitharaman
Finance Minister Nirmala Sitharaman said BRICS countries need to ensure their views are reflected in the new global tax rules, as decisions taken in the next few years could shape cross-border taxation for a generation.
Government also worried about rupee depreciation, says Piyush Goyal
Piyush Goyal stated the Indian government understands investor worries over rupee depreciation. He also confirmed that the government shares these concerns, as mentioned on Tuesday. The Indian Rupee was trading at 95.8050 per dollar at 1:00 p.m. IST. Earlier in the trading session, the rupee had reached a peak of 95.66. This indicates ongoing market fluctuations and government attention to the currency's value.
Rs 2 lakh crore bonanza: GST's one-year old tax gift showing up in cars, TVs and revenues
GST collections show economic activity holding up after the overhaul. Consumers are upgrading to better products and larger screen televisions. Automobile dispatches have remained particularly strong after the tax changes. FMCG companies saw an initial pickup in volumes after the GST changes. Geopolitical events and rising input costs present new challenges.
India must rethink cross-border payments beyond corridors, put customers first: Deloitte
A shift from corridor-led expansion to customer-centric design forms the core principle needed to drive the next stage of India's cross-border payment ecosystem, according to a report by Deloitte.
‘Viksit Bharat depends on Viksit Rajya’: CEA calls for more private capital, higher state capex
Chief Economic Adviser V Anantha Nageswaran said India will need greater private-capital participation to finance its development ambitions towards 2047, urging states to create an investment-friendly ecosystem and strengthen capital expenditure. At a two-day conference on financing Viksit Bharat, Nageswaran said, “Viksit Bharat depends on Viksit Rajya”, while discussions also focused on savings, agriculture, energy transition, technology and fiscal resilience.
NLMC recommends monetisation of government assets worth over Rs 5,000 crore
The National Land Monetization Corporation recommended assets worth over Rs 5,000 crore for monetization. Its board stressed accelerating value unlocking from government entities' surplus land. The corporation reviewed ongoing asset monetisation programmes and financial performance. Discussions focused on expediting processes and strengthening stakeholder coordination. NLMC will continue facilitating efficient and transparent asset monetization.
'Everything on record': Parliamentary Finance panel chief defends unanimous Standing Committee report amid UPI MDR row
Bhartruhari Mahtab defended the finance committee's report on Demands for Grants. Congress MP Manish Tewari rejected claims of opposition support for MDR proposals. The committee's report explored a possible revenue model for digital payments. The government is currently exploring options for restoring MDR on certain transactions. New UPI MDR framework for merchant transactions will take effect soon.
India's net direct-tax collections rise 13% to Rs 12.10 lakh crore on strong advance-tax growth
India's net direct-tax collections saw a nearly thirteen percent rise. Advance tax payments grew over sixteen percent, boosting overall collections significantly. Corporate advance tax collections increased by over eighteen percent year-on-year. Gross direct tax collections rose fifteen percent, while refunds also jumped. These figures indicate strong economic activity and taxpayer confidence.
India's net direct tax collections rise 13% to Rs 12.1 lakh crore till September 17 of FY27
India’s net direct tax collections rose 12.96% year-on-year to Rs 12.12 lakh crore as of September 17, government data showed. Gross collections increased 15.19% to Rs 14.32 lakh crore, while refunds rose 29.19% to Rs 2.20 lakh crore. Corporate, non-corporate and Securities Transaction Tax collections all increased.
FM Sitharaman asks banks to step up financial literacy efforts for MUDRA beneficiaries
Union Finance Minister Nirmala Sitharaman on Thursday asked banks providing loans under the PM MUDRA Yojana to step up financial literacy efforts across states to help small entrepreneurs expand their businesses and bring more people under the scheme.