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INDIA FISCAL DEFICIT FY27
Suzlon Energy cuts operating margin guidance to 15%Suzlon Energy reported a 1.3% year-on-year increase in consolidated net profit to Rs 394 crore for the September quarter of FY27. Net profi...
Fiscal deficit in H1 rises to 42.1% of FY27 target on higher capex, subsidiesBy September 2026, the Centre's fiscal deficit had escalated to ₹7.14 lakh crore, exceeding last year's figures. This increase is fueled by...
India's fiscal deficit for April-September at Rs 7.14 lakh crore, widens to 42.1% of FY27 aimIndia's fiscal deficit for the first six months of the fiscal year reached Rs 7.14 lakh crore. Total receipts during this period equaled Rs...
GAIL Q2 Results: Profit zooms 139% YoY to Rs 4,720 crore, revenue rises 33%; board approves GAIL Gas IPOGAIL (India) has revealed a whopping 139.3% surge in its consolidated net profit for the FY27 September quarter, showcasing impressive oper...
Finance ministry estimates India’s Q2 FY27 GDP growth at 7.35%The finance ministry’s nowcasting model estimates India’s GDP will grow 7.35% in Q2 FY27, following 7.8% growth in the previous quarter, su...
Iran war, rupee fall to push India airlines' losses to Rs 38,000 croreThe Indian aviation industry is expected to face significant financial challenges in the current fiscal year. A ratings agency has projecte...
Festive demand, capex to fuel India’s industrial growth in H2 FY27 despite risks: ReportFestive demand and sustained public capital expenditure are expected to support India's industrial activity in the second half of FY27, alt...
Tractor demand drying to likely 3-year low at arid farmsTractor sales are projected to fall by up to 10% year-on-year, while vehicle dealers in some markets are also seeing sharp declines in sale...
Stocks in news: Jio Platforms, RIL, Hero MotoCorp, Meesho, TVS Motor, Vedanta Aluminium and Suzlon EnergyIndian equities ended lower on Wednesday, primarily driven by selling in heavyweight stocks. Information technology and oil and gas shares ...
Icra sees bank credit growth slowing to 15-16% in FY27 as rates riseCredit growth is projected to ease to 15-16% for FY27, impacted by hardening policy rates. Fresh slippages for public sector banks are esti...
Allied Blenders Q2 Results: Profit rises 9.7% to Rs 69 crore, revenue up 6.8%Allied Blenders and Distillers reported a net profit increase of 9.7% in the September quarter of FY27. The company's revenue from operatio...
Vedanta Iron Q2 Results: Loss narrows to Rs 324 crore, revenue declines 2% YoYVedanta Iron and Steel narrowed its Q2 FY27 loss to Rs 324 crore from Rs 477 crore a year earlier, while revenue declined 1.7% to Rs 2,742 ...
RBI may raise repo rate to 6.25% by 2027 amid inflation risks: Deutsche BankThe Reserve Bank of India is anticipated to raise the repo rate to 6.25% by mid-2027. This increase is driven by persistent inflationary pr...
West Asia crisis so far may cost govt Rs 1.35 lakh crore, spending cuts unlikely: ICRA Chief Economist Aditi NayarThe West Asia crisis may impose a fiscal burden of approximately Rs 1.35 lakh crore on India. Government spending has generally remained be...
Sunteck Realty H1FY27 net profit rises 20%, pre-sales up 19%Sunteck Realty recorded a net profit of Rs 99 crore in the first half of FY27. Revenue increased 16% to Rs 512 crore, reflecting strong bus...
RBI flags rising inflation risks from West Asia conflict, El Nino despite resilient Indian economyIndia's external sector shows resilience due to a narrowing trade gap and comfortable foreign exchange reserves. Inflationary pressures hav...
India's exports rise across geographies; Africa, ASEAN lead growth in Apr-AugIndia's merchandise exports increased significantly across different regions from April to August this fiscal year. Exports to Africa saw a...