- 01 Jan 2026 05:50 PM
- New
India's fiscal deficit hits ₹9.76 trillion, nearly two-thirds of target
India's fiscal deficit from April to November 2025 stood at ₹9.76 trillion or 62.3% of the budget estimate for 2025-26, showed data from the Controller General of Accounts (CGA). Total receipts stood at ₹19.49 trillion, including revenue receipts of ₹19.10 trillion, while the government has spent ₹29.25 trillion.
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- 01 Jan 2026 06:18 PM
- New
India's GST collections rise 6.1% to ₹1.74 trillion in December 2025 — Details here
India's gross goods and services tax (GST) collections surged 6.1% to hit ₹1.74 trillion in December 2025, compared on a year-on-year (YoY) basis amid the tax cuts implemented by the central government, according to the official data released on Thursday, 1 Janaury 2026.
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- 01 Jan 2026 06:07 PM
- New
India’s fiscal fault lines between Centre and states return to the spotlight
States argue that their autonomy is being eroded as the Union government forces them to co-finance centrally sponsored schemes that they did not necessarily approve.
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- 01 Jan 2026 05:56 PM
CAG flags states' fiscal stress as debt, committed spending erode revenue gains
India's states began FY24 with improved revenue but faced fiscal stress due to rising debt and fixed spending commitments. The CAG report highlights disparities in resource generation among states and a growing rigidity in budgets, limiting investment capacity despite better tax collections.
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- 01 Jan 2026 06:10 PM
ITC, Godfrey Phillips shares tank up to 19% as govt announces excise duty on cigarettes effective February 1
Shares of cigarette companies ITC and Godfrey Phillips slumped by up to 19% in Thursday's trade (January 1), after the government imposed an excise duty on cigarettes, effective next month onwards.
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- 01 Jan 2026 06:02 PM
Exit old cess, enter new cess: Regime change for tobacco taxation from 1 February
New Delhi: The Centre on Wednesday issued an order giving effect to a new law levying a health and national security cess on tobacco and its products in place of the goods and services tax (GST) compensation cess, effective from 1 February. Separately, it also withdrew the compensation cess on tobacco products from the same date.
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- 31 Dec 2025 05:39 PM
India pips Japan to become world's fourth largest economy, says govt
The country is set to enter the new year on a strong economic footing with favourable farm prospects, the effects of GST rationalization, benign inflation, and strong corporate balance sheets, the government said in a year-end update on the economy.
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- 31 Dec 2025 06:14 PM
India’s FMCG sector is entering 2026 betting on volumes, not prices
Easing inflation, GST tweaks and stable commodity costs are lifting sentiment, but questions remain over the durability of demand and margin protection.
Dear reader, as 2025, a year of global tumult and volatility, rolls by, Mint's reporters and columnists look around the corner on what is coming in 2026—to help you know what to expect and prepare for it. Tell us what you think at feedback@livemint.com.
- 31 Dec 2025 06:06 PM
Two-wheeler and passenger vehicle sales smash all-time records in a year of many firsts for automakers
According to Vahan data, two-wheeler registrations grew 7% to a record 20.2 million units in 2025, while passenger vehicle registrations grew 9% to 4.38 million units, also a record.
New Delhi: India’s top manufacturers of scooters, motorcycles and cars are set to close the year on a record high, with two-wheeler retail registrations crossing 20 million and four-wheeler registrations crossing 4.3 million for the first time.
- 31 Dec 2025 05:48 PM
Stocks to watch: RITES, Bharat Forge, IndiGo, Lupin, among 8 shares in focus today; Check list here
Indian stock market benchmark indices — Sensex and Nifty 50 — were expected to open flat on Wednesday, December 31, the final trading session of 2025, amid thin volumes. Most Asian markets, including Japan, South Korea and Thailand, were closed for New Year’s Eve.
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