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DISINVESTMENT DURING THE CURENT FISCAL
Coal India production drops 7.5 pc in Q1Coal India Limited (CIL) reported a 7.5% dip in production to 169.6 million tonnes during the first quarter of the current fiscal year, des...- Japanese bond yields rise on yen weakness, fiscal worriesJapanese government bond yields climbed Wednesday, with longer-term rates nearing a month's peak. A weakening yen and concerns over governm...
- Fiscal deficit widens to 9.6% of FY27 target on higher spendingIndia's fiscal deficit surged to 9.6% of the annual target in the first two months of the financial year, a significant jump from last year...
- India's April-May fiscal deficit at ₹1.62 lakh crore, widens on-year to 9.6% of FY27 aimIndia's fiscal deficit stood at ₹1.62 lakh crore during April-May, accounting for 9.6% of the full-year budget estimate, according to gover...
- Coal India to invest $201 million in research and development by fiscal 2030Coal India is set to invest a substantial 19 billion rupees in research and development by 2030, focusing on clean coal, net-zero technolog...
- Godrej Properties buys 47-acre land parcel in Chennai; eyes Rs 500 cr revenueGodrej Properties has made a significant step by purchasing a 47-acre land parcel in South Chennai. The intended development of residential...
- Espire Hospitality posts revenue of Rs 141 crore for FY26, PAT at Rs 8 croreEspire Hospitality has achieved a landmark financial year 2026, reporting Rs 141 crore in revenue, a 17% increase, and Rs 8 crore in profit...
- PayU India posts first full-year operating profit in FY26; revenue rises 13%During the second half of FY26, PayU India also exited certain "negative margin portfolios", impacting its sequential revenue growth. In th...
- Don't let AI chip off the old blockThe soaring demand for memory chips driven by artificial intelligence is leading to significant shortages that are affecting various indust...
- Prestige Group holds Rs 65,000 crore unrecognised revenue in books on record pre-sales: Chairman Irfan RazackPrestige Estates Projects Ltd holds a substantial Rs 65,000 crore in unrecognised revenue, fueled by robust housing sales. The company repo...
- From floods to war, state-run oil firms prove indispensable despite repeated privatisation bidsIndia's state-run oil companies have proven indispensable during national crises, from floods and pandemics to global conflicts. Despite pa...
- Best proverb of the Day: "Even if you’re going through some bad times, remember something good will come from it" A powerful reminder that every challenge brings new opportunities, growth, and hope for better days aheadBest proverb of the Day: Life's unpredictable journey often throws curveballs, but a timeless proverb offers solace: "Even if you're going ...
- Engineering goods exports top US$12.31 billion in May, highest ever monthly exports despite West Asia conflictWe are positive that with the proper guidance of the Government, we will be able to achieve the desired export target of US$ 250 billion by...
- Why the matinee remains cinema's quiet pleasureEscaping the midday heat for the cool, dark sanctuary of a cinema offers a unique rebellion. Inside, the world outside fades as the screen ...
- Tamil Nadu CM strongly opposes Centre's NLC disinvestment planTamil Nadu Chief Minister C. Joseph Vijay has strongly opposed the Union Government's plan to disinvest up to three percent of its equity i...
- India's 28 big listed realty firms clock Rs 1.95 lakh cr pre-sales in FY26; Godrej Properties at topIndia's top 28 listed real estate firms achieved impressive sales bookings of Rs 1.95 lakh crore last fiscal, driven by robust housing dema...
- West Bengal budget is 'expansionary' and seeks to revitalise the state's economy: State FM Swapan DasguptaThe first state budget presented by the new BJP government in West Bengal combines a push for industrial revival with continued focus on we...
- Govt to sell up to 2% stake in IRFC via OFS; issue opens WednesdayThe government will launch an OFS in IRFC on Wednesday, offering up to a 2% stake through a base issue and greenshoe option. The share sale...
- Find the best point of exit to sell PSUsGovernment disinvestment is off to a good start this fiscal year. Small stake sales in public sector undertakings are generating revenue. T...
- Govt fundraising drive hits high gearThe government's push for non-tax revenue is off to a strong start, with public asset monetisation nearing 30% of last fiscal year's total ...
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