61,000 New Crorepati Taxpayers Added in a Year
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🗞️ CPSE capex at 74.5% of annual target
Central Public Sector Enterprises have achieved 74.5% of their annual capex target by December, and are now expected to exceed the full year target by a comfortable margin, supporting infrastructure and growth momentum.
💬 Expert Take — “Strong CPSE spending provides a critical cushion to growth amid global uncertainty.”
🗞️ 61,000 new crorepati taxpayers added
India’s tax base expanded sharply with 61,000 new crorepati taxpayers added in the last year, reflecting rising formal incomes and improved compliance.
🗞️ Gadkari calls for import cuts, export push
Nitin Gadkari urged sharper import reduction and export expansion to help India become the world’s third-largest economy.
🗞️ PM cites 7.4% GDP growth estimate
Narendra Modi highlighted India’s 7.4% GDP growth estimate, calling it validation of structural reforms and sustained public investment.
🗞️ E way bill generation hits record high
E way bill generation touched a fresh high in December, indicating strong goods movement and supply chain activity.
🗞️ Tariff threat clouds India outlook
India faces fresh trade pressure after Donald Trump approved a 500% tariff threat on countries buying Russian oil, raising geopolitical risk.
💬 Expert Take — “Trade related shocks remain a key external risk for emerging markets.”
🗞️ Markets fall for third straight session
Indian equities declined for a third consecutive day, pressured by global geopolitical concerns and tariff related uncertainty.
🗞️ Bharat Coking Coal IPO opens
Bharat Coking Coal IPO opened for subscription, with investors closely tracking GMP trends and demand visibility.
📊 Market Updates
📉 Sensex: 84,180.96 ▼ 780.18 (–0.92%)
📉 Nifty 50: 25,876.85 ▼ 263.90 (–1.01%)
🪙 Gold (per gram): ₹13,799 ▼ ₹1
🥈 Silver (per kg): ₹2,51,900 ▼ ₹100