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Buy, Sell or Hold: Morgan Stanley maintains buy on Maruti Suzuki; Citi retains buy on Sun PharmaGlobal brokerages remained selective on large-cap stocks following the latest round of quarterly earnings, with Citi reiterating its bullis...- ITC shares gain 3% after Q1 results. Here’s why Nomura upgraded the stock to BuyITC shares rose 2% after the FMCG major reported June-quarter results, despite a 27% YoY decline in standalone net profit. Revenue grew 28%...
- Carmakers partly absorb commodity shocks to keep production on trackIndian carmakers are absorbing rising commodity costs to sustain production levels. Demand for vehicles remains robust, driving sales growt...
- Indian cigarette makers ITC, Godfrey Phillips, VST Industries see revenue and profit decline after tax hikeLeading Indian cigarette firms reported revenue and profit declines in the recent quarter. This downturn followed significant government ta...
- Divi's Labs Q1 Results: Net profit rises 66% YoY to Rs 902 crore, revenue up 28%The firm’s revenue from operations meanwhile rose around 28% YoY to Rs 3,080 crore in Q1 FY27, from Rs 2,410 crore reported in the year-ago...
- ITC Q1 profit plunges 27% due to record cigarette taxes and West Asia crisisITC's first quarter net profit declined twenty-seven percent year-on-year. Record taxation on cigarettes significantly impacted the company...
- ITR filing deadline extension: Will Income Tax Department extend July 31 ITR filing due date? Here’s what chartered accountants believeITR filing deadline: Nearly 5.44 crore taxpayers filed income tax returns for AY 2026-27 by July 30. Experts suggest the July 31 deadline e...
- DA hike for June 2026: Central government employees likely to get 63% dearness allowance after hikeDA hike: Central government employees anticipate a 3% dearness allowance increase. This expectation arises from the latest AICPI-IW reading...
- ITC Q1 Results: Standalone profit falls 27% YoY to Rs 3,579 crore, but revenue grows 28%ITC's net profit declined twenty-seven percent year-on-year for the first quarter. Revenue from operations, however, saw a significant twen...
- Has government scrapped Long Term Capital Gain (LTCG) tax for foreign investors? Finance Ministry repliesThe government has clarified no LTCG tax scrapping for foreign investors. Only investments in Government Securities now receive tax exempti...
- ITC Q1 Preview: Will cigarette tax shock drag profit lower despite FMCG strength?ITC is expected to report a weak Q1FY27 as the first full-quarter impact of the new cigarette tax regime weighs on volumes and profitabilit...
- Gold tariff hike boosts grey market, hurts organised trade, says WGCIndia's gold imports have increased through unofficial channels following a tariff hike. This rise widens margins for grey market operators...
- VST Industries shares slide 4% after Q1 profit drops 25%, revenue falls 13%VST Industries shares fell over 4% on Wednesday after reporting a 25% YoY drop in Q1 FY27 net profit to Rs 42 crore and a 13% drop in reven...
- India's salary hotspots are no longer just the biggest metrosIndia's salary growth is becoming more geographically balanced, with Tier-2 cities such as Ahmedabad, Visakhapatnam, Nagpur and Jaipur reco...
- Global Market: Japan's 10-year bond yield climbs as fiscal concerns weigh on market ahead of BOJ meetingJapan's 10-year government bond yield edged higher as uncertainty over funding for proposed food tax cuts weighed on investor sentiment. Ma...
- Godfrey Phillips shares fall 6% as Q1 net profit declines over 44% amid tax-led price increaseGodfrey Phillips reported a 44.3% year-on-year decline in June-quarter net profit as higher excise duty weighed on earnings, even as gross ...
- 6 tax-saving tricks married couples in India are missing out on
- Mamdani plans to offer 30% discount on meat and produce at city-owned grocery storesNew York City plans government-owned grocery stores to combat rising food prices. These five shops will offer a thirty percent discount on ...
- Govt examining measures to safeguard FCV tobacco farmers of AP: GovtThe government is actively examining measures to safeguard FCV tobacco farmers' interests. A ministry team visited Andhra Pradesh to review...
- ITC charts growth strategy as cigarette tax hike hits stockITC Chairman Sanjiv Puri said the company is tackling higher cigarette taxes through calibrated price hikes, product innovation and diversi...
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