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FISCAL CONSOLIDATION
Capex key to India's growth strategy, fiscal prudence remains top priority: Sitharaman at HSBC eventFinance Minister Nirmala Sitharaman highlighted the importance of capital expenditure in driving economic growth in India. She stated that ...
Oyo parent PRISM clocks PAT of Rs 353 crore in Q1, up 17% YoY, revenue jumps 35%Oyo parent PRISM reported a 35% YoY rise in Q1FY27 revenue to Rs 2,814 crore, while net profit grew 17% to Rs 353 crore. Gross Booking Valu...
Price hikes to help Pidilite meet profitability guidancePidilite Industries, known for its Fevicol adhesive, anticipates maintaining profitability between 20-24% through price hikes. Managing Dir...
Lodha Developers to invest Rs 1,200 crore in first Delhi-NCR project on Gurugram's Golf Course RoadLodha Developers has announced plans to invest approximately Rs 1,200 crore for an office complex in Gurugram. This project will be located...
Spandana Sphoorty makes profit in Q2 against a loss year-agoSpandana Sphoorty Financial reported consolidated Q2 profit of Rs 18 crore, reversing a Rs 249 crore year-ago loss. Assets under management...
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...
Syrma SGS reports best-ever quarter; Q2 revenue up 73% to Rs 1,999.5 croreSyrma SGS Technology reported an 87.2% increase in consolidated net profit for the quarter ending September 2026. Consolidated revenue incr...
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...
Mahindra Lifespace Developers pre-sales rise 66% to nearly Rs 2,000 cr in Apr-SepMahindra Lifespace Developers Ltd has seen impressive financial growth, with sales bookings skyrocketing by 66% to reach Rs 1,988 crore thi...
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 ...
India only major emerging economy set to reduce debt ratio by 2031: RBI Deputy GovernorIndia is projected to be the only emerging market economy among nine economies with gross domestic product (GDP) exceeding USD 1 trillion t...
No. 2 on Day 1: How Jio Platforms broke India’s market cap hierarchy in debut tradeJio Platforms made a blockbuster stock market debut, listing at a 21.3% premium over its IPO price of Rs 1,119 at Rs 1,358 on the BSE. With...
Anant Raj Q2 Results: Profit rises 13% to Rs 156 croreAnant Raj Ltd has demonstrated robust financial performance, with a 13 percent rise in consolidated net profits for the September quarter. ...
HUL reports highest sales growth in 14 quarters as volumes pick upHindustan Unilever reported its highest underlying sales growth of 15% in 14 quarters during the September quarter. Sales in the home care ...
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...
JSW Infrastructure Q2 Results: Net profit falls 11% to Rs 328 croreJSW Infrastructure reported an 11 percent drop in consolidated net profit for the September quarter, with earnings falling to Rs 328.23 cro...
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...
Nirmala Sitharaman reaffirms govt's fiscal discipline push, puts public debt target at 50% of GDP by 2030FM Sitharaman linked the government's broader economic priorities -- fiscal consolidation, inflation management and currency stability -- w...
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...