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FY27 BUDGET ALLOCATION
LPG subsidy bill may top Rs 1 lakh crore in FY27, create Rs 70,000 cr gap over Budget allocationIndia's LPG subsidy bill may surpass Rs 1 lakh crore in fiscal year 2027. This projection indicates a significant shortfall against the bud...
Tech Mahindra shares jump 3% after Q1 earnings beat estimates. What Nomura, Nuvama, other brokerages now expectTech Mahindra shares surged after the IT major reported better-than-expected Q1 FY27 results, with net profit rising 28% YoY to Rs 1,465 cr...
Pharma exports to UK may rise up to 10% in FY27 as CETA takes effectIndia's pharmaceutical exports to the UK are set to witness substantial growth thanks to the recently negotiated Comprehensive Economic and...
How to budget a Rs 12 lakh salary: Bengaluru CA shares a simple formula to divide your salary for savings, rent, family support and travelBengaluru CA Meenal Goel shared a budgeting plan for people earning Rs 12 lakh annually. She suggested investing 20% of the salary, buildin...
NFO Insight: Can Abakkus Large & Mid Cap Fund help investors navigate volatile markets?Abakkus Mutual Fund has launched its third equity NFO, the Abakkus Large & Mid Cap Fund. This new fund aims to navigate volatile markets by...
Mutual funds cut IT exposure to all-time low of 5.9% in June. Contrarian opportunity or signal for caution?Mutual funds have reduced their technology sector allocation to 5.9 per cent. This marks an all-time low, reflecting investor caution and p...
TCS, Infosys, Wipro & other IT stocks fall more than 2%. Here's whyIndian IT stocks such as TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Persistent Systems and Coforge declined up to 2.5% after IBM plunged ...
Net direct tax mop-up jumps 16% to Rs 6.5 lakh croreIndia's net direct tax collections increased by 16.4 percent to ₹6.51 lakh crore. Corporate tax collections saw a significant 22 percent ri...
Rekha Jhunjhunwala likely exits this smallcap metal stock after 90% rally in 1 year. Do you own?Ace investor Rekha Jhunjhunwala has likely exited her investment in Raghav Productivity Enhancers after steadily reducing her stake over re...
India's capex cycle to strengthen as investments seen rising to $2.2 tn by FY30: Morgan StanleyIndia's capital expenditure is projected to rise significantly by FY2030. Private sector investment is expected to accelerate, driven by do...
HCLTech's workforce declines by 3,292 in Q1 FY27HCLTech's workforce shrank by a net 3,292 employees during the April-June quarter of FY2026-27, marking its sharpest quarterly decline in a...
GE Vernova, Atlanta Electricals among top beneficiaries of India's transmission expansionIndia's power transmission sector anticipates growth, with new policies supporting domestic manufacturing. Chinese firms can participate, b...
Carlyle Consortium set to take control of defence parts supplier Micropack with a ₹1,175 crore betCarlyle plans a significant investment in Micropack, an Indian defence electronics manufacturer. This deal marks a major private equity ent...
Assam budget targets revenue leaks: Jayanta Malla BaruahAssam's finance minister presented the 2026-27 budget focusing on revenue generation and plugging leakages. Capital expenditure has increas...
Polygamy to invite welfare benefits bar, dismissal from govt service: Assam budgetAssam's budget proposes barring polygamous individuals from state welfare schemes. Government employees practicing polygamy will face dismi...
How to trade Cupid shares after a massive 40% rally in a month? 2 technical experts weigh inCupid shares have rallied over 40% in the past month, driven by strong Q1 business momentum and an upgraded FY27 revenue outlook. After the...
Cupid rebounds 6% after sharp fall as upgraded FY27 guidance boosts sentimentCupid shares rebounded nearly 6% after a sharp correction in the previous session, as investors turned positive following the company’s upg...
ADB cuts India's FY27 GDP growth aim to 6.6% on higher energy pricesThe Asian Development Bank has lowered India's FY27 GDP growth forecast to 6.6 percent. Elevated energy prices are impacting household purc...
A sluggish start has cement makers banking on H2 recovery: ReportIndia's cement sector anticipates sluggish volume growth in the first half of fiscal year twenty twenty-seven. Rising input costs and weak ...
Tata Steel aims to spend Rs 20,000 cr in FY27 on expansion, adoption of technologiesTata Steel plans a capital expenditure of Rs 20,000 crore this fiscal year, with 60% earmarked for its Indian operations. This investment w...