India’s April-February fiscal deficit at 80% of 2025/26 target

India’s ‌fiscal deficit in April-February was ₹​12,50,000 crore or 80.4% of the estimate for ‌the financial year ending March 31, ‌government data ‌showed ⁠on Monday (March 30, 2026). Net ⁠tax receipts at ₹21,50,000 rupees, up from ₹20,20,000 collected in the same period a year ago. Non-tax ‌revenue at ₹5,80,000 crore, compared with ₹4,90,000 crore a…

Read More

Improvement in manufacturing keeps IIP growth steady at 5.2% in February

During the April-February period of FY26, India’s industrial production growth remained flat year-on-year at 4.1%. File image for representation | Photo Credit: Reuters India’s industrial production grew 5.2% in February, mainly due to an improvement in manufacturing output, according to official data released on Monday (March 30, 2026). The factory output, measured in terms of…

Read More

Sitharaman defends IBC citing higher recoveries and post-resolution performance of firms

Finance Minister Nirmala Sitharaman speaking in Lok Sabha during the Budget Session of Parliament, in New Delhi on Monday. | Photo Credit: ANI Finance Minister Nirmala Sitharaman on Monday (March 30, 2026) defended the Insolvency and Bankruptcy Code (IBC) in Parliament, citing the high level of realisations from the distressed assets, recovery for creditors, and…

Read More

Iran Israel US war: Stock markets slump over 2% as West Asia war enters 5th week; end FY26 with losses

Representative image. | Photo Credit: Getty Images/iStockphotos Equity benchmark indices Sensex and Nifty ended the last trading session of the 2025-26 fiscal year sharply lower on Monday (March 30, 2026) as the ongoing war in West Asia and surging crude oil prices kept investors’ sentiment fragile. Weak trends in Asian markets and unabated foreign fund…

Read More