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FISCAL DEFICIT 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...
- 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...
- 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...
- Shadowfax revenue rises 57% in Q2, net profit jumps fivefoldIts total revenue, including other income, rose 58% YoY to Rs 1,558 crore in Q2 FY27. The Bengaluru-based company’s total expenses rose 53%...
- India can achieve $1 trillion exports target this fiscal despite global headwinds: Piyush GoyalCommerce Minister Piyush Goyal expressed confidence that India would achieve its $1 trillion exports target in 2026-27 despite global uncer...
- 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...
- 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 ...
- SIMCA Advertising PAT rises 60pc, revenue jumps to Rs 109 cr in Apr-SeptSIMCA Advertising reported a profit after tax of Rs 12.14 crore for the first half of FY2026-27. This represents a significant growth of 60...
- 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...
- HomeLane revenues dip to Rs 745 crore in FY26, loss widens to Rs 137 croreFiscal year 2026 was HomeLane's first year of operations after integrating with DesignCafe, and the company prioritised profitability over ...
- 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...
- US fiscal 2026 budget deficit rises to $1.99 trillion, largest in 5 yearsThe US budget deficit for fiscal 2026 rose to $1.99 trillion, driven by increased tariff refunds and spending. Total spending for the year ...
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