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UNION BUDGET FY27
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...
Smartworks raises FY27 revenue growth guidance to 35% after Q2 revenue jumpsSmartworks reported a revenue increase of 39% year-on-year during the July-September quarter. The company has raised its revenue growth gui...
Stocks in news: RIL, Jio, Trent, Suzlon Energy, IndiGo, Vedanta Power and RVNLOn Thursday, Indian equities experienced a recovery, with Nifty closing above the 22,900 mark. Stocks such as Reliance Industries, Jio Plat...
ACME Solar shares rally 5% after Q2 profit jumps over 100%, signs 400MV agreement with NTPCACME Solar shares rose 5% after its Q2 FY27 profit surged 133.5% to ₹269 crore and revenue climbed 67.5% to ₹1,007 crore. The rally was als...
Cabinet approves Khelo India Sports Goods Manufacturing Scheme with outlay of over Rs 1800 croreThe Khelo India Sports Goods Manufacturing Scheme has been approved by the Union Cabinet to develop the sports goods industry. The initiati...
City Union Bank shares rally 7% after Q2 net profit grows 27% YoY to Rs 416 CroreCity Union Bank shares rose sharply on Thursday after the lender reported a 27% year-on-year rise in Q2 FY27 net profit to Rs 416 crore. Ne...
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...
Meesho expects stronger Q3 growth due to change in festive sale timelineThe first day of Meesho's annual flagship sale, the Mega Blockbuster Sale, saw orders growing about 75% YoY. Its transacting customers incr...
Cabinet approves Rs 10,000 crore container manufacturing schemeThe Union Cabinet has recently approved a significant scheme to boost container manufacturing in India. This Rs 10,000 crore initiative aim...
Cabinet approves Rs 10,000 crore container manufacturing schemeThe Indian government has approved a Container Manufacturing Assistance Scheme with a total budget of Rs 10,000 crore. This scheme aims to ...
Cabinet hikes Dearness Allowance by 3% with Rs 10,000 crore allocation; check key announcementsDA hike: The Union Cabinet has approved several development schemes totaling Rs 29,267 crores for various initiatives. Among these is a Rs ...
Star Health and Allied Insurance reports 232% profit surge at Rs 264.4 croreStar Health and Allied Insurance achieved a net profit of ₹264.4 crore for the September quarter of FY27. This profit reflects a 232% incre...
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...
WeWork India H1 net profit rises 150%, revenue up 30.1%WeWork India reported a 149.5% year-on-year rise in first-half FY27 net profit to Rs 119 crore, while revenue grew 30.1% to Rs 1,466.7 cror...
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...
BPCL reports 21.45% drop in Q2 FY27 net profit, attributes losses to fuel pricing issuesBharat Petroleum Corporation Limited (BPCL) has reported a 21.45% decline in consolidated net profit for Q2 FY27. The decline is attributed...
Infosys CEO says macro recovery looks ‘a little bit more uneven’ than expectedInfosys has lowered its FY27 revenue growth forecast to 1-2%, indicating challenges in recovering technology spending. Chief executive Sali...
Despite global tensions, India’s business sentiment rebounds in Q2 FY27: NCAERIndia's Business Confidence Index has risen to 107.8 in the second quarter of this fiscal year. The survey included 502 companies across si...