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GOVERNMENT BUDGET FY27
TIPS reports stellar quarter; Q2 FY2027 revenue grows 35% YoY and PAT rises 23%TIPS Music revenue from operations reached ₹120.1 crore, reflecting a year-on-year increase of 35 percent. Operating EBITDA stood at ₹84.6 ...
Orient Electric Q2 profit jumps two-fold to Rs 27 crore, revenue rises 25% YoYOrient Electric Ltd has revealed a remarkable increase in net profit, soaring to Rs 27.06 crore in Q2 FY27, marking a more than two-fold ju...
Modi govt’s 13 strategic disinvestments in 10 yearsThe Modi government is set to sell a 60.72% stake in IDBI Bank for ₹52,878 crore. This sale will surpass previous disinvestment efforts, ma...
Centre set to cross Rs 80000 cr disinvestment target for first time since FY19 after IDBI Bank stake saleThe Indian government is expected to surpass its budgeted disinvestment target of Rs 80,000 crore for FY27. A significant contributor will ...
Transformers & Rectifiers shares surge over 18% as Q2 revenue jumps 61%, order inflows nearly doubleTransformers & Rectifiers shares surged over 18% after the company reported a 135% year-on-year rise in consolidated net profit and 61% rev...
Auto and tyre stocks: Sales are booming, but costs are biting. Motilal Oswal's 13 Buy, Sell and Neutral calls
ICICI Life Q2 net profit rises 25% on better product mixIn the latest financial report, ICICI Life Insurance announced a remarkable 25% increase in net profit for the second quarter, reaching ₹37...
UPI MDR rollout deferred until after DiwaliUPI MDR charges on eligible merchant transactions above Rs 2,000 have been deferred until after Diwali, with the exact implementation date ...
MRO-TEK Networks Ltd reports Q2 FY27 performance; products segment records 56.86% YoY revenue growthMRO-TEK Networks Ltd experienced a year-on-year revenue increase of 56.86% in its Products segment. The Solutions segment reported a declin...
IMF raises India’s FY27 growth forecast to 7%The International Monetary Fund has increased India's economic growth projections for FY27 and FY28 to 7%. This adjustment reflects resilie...
Cabinet nod sought to extend power fund for 5 yearsThe power ministry is pursuing Cabinet approval for continuing the Power System Development Fund in upcoming finance cycles. The fund suppo...
HCL Tech dividend alert! IT major declares Rs 12 interim dividend for FY27; Q2 profit jumps 21% YoY to Rs 5,132 croreHCLTech has declared an interim dividend of Rs 12 per share for FY27, with October 16 set as the record date and October 26 as the payment ...
ISM 2.0 to catalyse investments, boost self reliance: NITI Aayog's Abhay KarandikarIndia's recently unveiled India Semiconductor Mission phase 2 or ISM 2.0 which focuses on design and Intellectual Property (IP) creation, h...
Cupid’s skyrocketing rally hits a speed bump as shares fall 3%Cupid shares fell on Monday after hitting a fresh lifetime high, as investors appeared to book profits following a sharp rally. Despite the...
Nifty 14% below its peak, but Motilal Oswal says profits are set for fastest growth in 17 quarters
RBI may raise repo rate by 75-100 bps in current cycle: ReportSBI Capital Markets expects the Reserve Bank of India (RBI) to raise the repo rate by 75-100 basis points during the current tightening cyc...
Reissued bonds account for nearly 66% of state borrowings in H1 FY27: ReportIn recent years, states have made a substantial impact on their finances by reissuing bonds, which now form a significant portion of their ...
RBI Inflation FY2026-27: Malhotra & Co raises inflation forecast to 5.2% for FY27RBI Inflation 2026-27 Forecast: The Reserve Bank of India has updated its inflation forecast for FY27 to 5.2% from 5.0% previously. This re...
S&P projects 12-14% credit growth this fiscal, warns weak monsoon may hit rural lendingS&P Global forecasts a 12-14% increase in financial sector lending despite potential slowdowns in rural areas. Concerns about weak monsoon ...
RBI repo rate may climb to 6% in FY27; G-Sec yields face upward pressure: ReportRBI is expected to raise the repo rate by 25 basis points in October, with one or two more hikes possible in FY27, taking the benchmark rat...