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FISCAL YEAR 2026
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 ...
Snabbit reports net loss of Rs 168 crore, revenue of Rs 12 crore in FY26Backed by investors including Nexus Venture Partners, Elevation Capital and Lightspeed, the Bengaluru-based company started operations in A...
Cult.fit receives Sebi approval for proposed IPOCult.fit has received Sebi observations for its proposed IPO, comprising a fresh issue of up to Rs 950 crore and an offer for sale. Revenue...
High double-digit growth in engineering goods exports in September shows sector's resilience and global competitiveness: EEPC IndiaIn September, India's exports of engineering goods soared to US$12.17 billion, indicating an impressive year-on-year growth. For the first ...
World Bank has a $19 billion gameplan to expand its critical minerals business in five yearsWorld Bank President Ajay Banga has set a target to quintuple the lender’s critical minerals business over five years, with financing proje...
HD Fire Protect IPO allotment likely today; GMP at 30%. Here's how to check statusHD Fire Protect IPO allotment status is expected today following a massive 131.70 times subscription. The Rs 712.31-crore public issue comm...
Myntra swings to net loss of Rs 579 crore in FY26, revenue drops 13%Myntra was the only profitable unit within the Flipkart group in FY25. The company saw a leadership change in 2026, when CEO Nandita Sinha ...
Jio Financial Services Q2 Results: PAT drops 51% YoY to Rs 340 crore; NII soars 165%Jio Financial Services reported a 51% year-on-year decline in Q2 FY27 profit to Rs 340 crore, despite total income rising 132% and net inte...
Flipkart Internet’s revenue falls 19% YoY to Rs 16,295 crore in FY26Meanwhile rival Amazon India’s marketplace entity Amazon Seller Services reported a 15% increase in operating revenue to Rs 34,966.8 crore ...
HD Fire Protect IPO Day 3: GMP at 33%, Day 2 subscription soars to 131 times; check key detailsHD Fire Protect's IPO has garnered significant interest, receiving bids significantly surpassing the available shares on offer. The grey ma...
Asia set to ‘continue to outpace the world’, says IMF, as it asks central banks to stay focused on price stabilityAsia's central banks are advised to potentially tighten monetary policy in response to rising inflation expectations. Inflation has been im...
Global Market: IMF warns of energy shock, AI correction risks to Asia's growth outlookThe IMF warned that Asia’s economic growth may slow to 4.4% in 2027 amid energy price shocks, Middle East conflict, AI market correction ri...
World Bank Group mobilizes $36 billion in India for development and job creation over four yearsThe World Bank Group has mobilised a cumulative $36 billion in India across various development sectors. This funding includes $9.6 billion...
Jio IPO: 5 strengths that put the Reliance-backed digital giant in spotlightReliance Jio Platforms has highlighted five key strengths in its RHP ahead of its Rs 30,213 crore IPO, including strong revenue growth, pro...
HD Fire Protect IPO Day 2: GMP signals 34% listing gain; key details insideThe HD Fire Protect IPO entered its second day of subscription with a grey market premium (GMP) of 34%, suggesting potential listing gains,...
HD Fire Protect IPO opens for subscription; GMP signals 30% listing gains, key details insideThe Rs 712.31-crore HD Fire Protect IPO is entirely an offer for sale (OFS) of 2.63 crore equity shares. As the issue comprises only an OFS...
IMF sounds alarm on mounting fiscal strains as major economies grapple with high debtThe IMF has urged major economies to rein in fiscal deficits and rebuild financial buffers as high public debt and rising borrowing costs l...
IMF says AI investment propping up global growth, but war and debt threaten outlookThe International Monetary Fund forecasts a global GDP growth of over 3% for 2026 driven by strong AI investment. Despite this growth, down...
New RBI data reveals a recast of India's overnight money market numbersDuring the first half of the fiscal year 2026-27, private sector banks saw their share in the tri-party repo market come down, while public...
HD Fire Protect IPO price band set at Rs 258-271; Rs 712 crore issue opens on October 13HD Fire Protect has fixed the price band for its Rs 712.31 crore IPO at Rs 258-271 per share. The issue will open on October 13 and close o...