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INDIA FISCAL POSITION
Fiscal deficit target for FY27 achievable, but slower nominal GDP growth may pressure fiscal space: ReportIndia's fiscal position remains comfortable in early FY27 months. Slower nominal GDP growth could pressure the fiscal deficit target. Gover...- Race is On! India set to put 5 million cars on the road soonIndian car sales are expected to exceed five million units this fiscal year. This milestone positions India as the third nation globally to...
- I-T Department searches Dentsu Media Group premises in suspected tax evasion caseIn a sweeping operation, the Income-tax Department has searched Dentsu Media Group's offices throughout India. The focus primarily lies on ...
- UBL sees positive demand momentum in Q2, invests Rs 110 cr in Maharashtra breweryUnited Breweries Ltd reports positive demand momentum and strong premium brand growth. The company expects double-digit revenue growth and ...
- Only 22% companies have scaled AI across business units: ReportFew organisations successfully scale artificial intelligence across business units. Many companies increase AI spending without clear finan...
- India's strong economic momentum continues despite global uncertainties, says Chief Economic AdviserIndia's economy shows strong near-term momentum, driven by domestic factors and exports. The Reserve Bank of India's deposit mobilisation o...
- Economy Stable Despite Global Turbulence; El Nino Risks Loom: Finance Ministry reportIndia's economic activity and external position show relative stability amid global risks. Domestic demand continues to support economic ac...
- Apr-July fiscal gap touches 26.8% of full-year targetThe Centre's fiscal deficit for April-July FY27 stood at 26.8 percent of the budget estimate. This figure showed a slight decrease compared...
- Despite a strong Q1 showing, risks are on the upside, thanks to geopolitics and geo-economicsIndia's GDP grew 7.8% in Q1, surpassing expectations and indicating economic resilience. This growth occurred despite a challenging global ...
- Temasek, ChrysCap brew up plans for Blue Tokai stake, put Rs 1000-1200 crore on the tableThe deal will value Blue Tokai chain at up to Rs 3,700 crore. This will be the largest round for the roasters so far, and will involve a co...
- Sitharaman hails India's resilience amid global uncertainties, says govt protected farmers, householdsIndia maintained economic resilience by monitoring global events and focusing on domestic needs. The nation sustained over seven percent gr...
- India's FY27 growth seen at 7-7.2% as capex, domestic demand offset global headwinds: EYIndia's real GDP growth is likely to remain resilient at 7 per cent-7.2 per cent in FY27, supported by buoyant domestic demand and continue...
- India hits FY26 fiscal deficit target, stays on debt-cut path: Nirmala SitharamanIndia's Finance Minister confirmed achieving fiscal deficit targets for 2025-26. The government plans to reduce the debt-to-GDP ratio to fi...
- Amrutanjan Health plans to set up 1 lakh direct chemist outlets in FY27Amrutanjan Health Care plans to establish one lakh direct chemist outlets this fiscal year. The company achieved strong growth in pain mana...
- Tata Motors sees strong electric CV demand, expects China cell supply bottleneck to ease by quarter-endTata Motors expects strong demand for its electric commercial vehicles to continue growing. The company anticipates resolving battery cell ...
- India's aviation boom faces turbulence amid safety concernsIndia's airline sector faces significant safety and financial challenges. Recent incidents have exposed regulatory and operational shortcom...
- S&P retains India rating, keeps outlook stable on economic momentumLast year, S&P, the biggest of the global ratings firms, had raised its rating on India to 'BBB' from 'BBB-' after 18 years, citing the cou...
- S&P affirms India ratings at 'BBB/A-2' with 'stable' outlookS&P affirmed India's sovereign ratings at BBB/A-2 with a stable outlook. Strong economic fundamentals will help India withstand near-term p...
- ACME Solar raises Rs 1,571 cr project funding from IIFCLACME Solar has secured Rs 1,571 crore project funding from IIFCL for a Rajasthan solar project. This financing marks IIFCL's first sole gre...
- M&A deals double, but execution holds the key for investors: Crisil RatingsIndia Inc’s annual M&A volumes have more than doubled since fiscal 2017 as companies pursue faster growth, market expansion and new capabil...
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