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INDIA FISCAL
Godrej Consumer margins hit hard by oil pricesGodrej Consumer Products said surging LPG, kerosene and LABSA costs hit its India margins in the June quarter despite healthy volumes. Cons...
From kanwars to commerce: Sawan's pop-up economyThe Sawan kanwariya pilgrimage presents an untapped business model for seasonal commerce. Highways can transform into commercial runways fo...
Hitachi Energy India Q1 Results: Net profit rises over twofold to Rs 294 croreHitachi Energy India has displayed remarkable financial growth with a net profit soaring over 100% in the June quarter. The company reporte...
Lupin Q1 PAT rises 16 pc at Rs 1,417 crLupin Ltd has reported a remarkable sixteen percent surge in profit after tax for the first quarter, showcasing their continued success. Th...
India on track to exceed key fundraising goal on state-firm stake salesIndia is poised to achieve its divestment aspirations this fiscal year, with enhanced momentum in stake sales and asset monetisation. Altho...
Banks tone down rate-hike bets as RBI sounds dovish on pricesSome banks now anticipate fewer policy rate increases from the Reserve Bank of India. Yes Bank and State Bank of India have revised their e...
EIH posts revenue from operations of Rs 657 crore for Q1FY27, PAT at Rs 120 croreEIH Limited has announced impressive revenue and net profit growth for the first quarter, showcasing its robust business performance. The e...
Primary steel makers may maintain Rs 11K per tn operating profitability in FY27 despite cost pressurePrimary steel producers expect steady operating profitability this fiscal year. Higher global steel prices and safeguard duties will suppor...
Coal supply remains comfortable despite monsoon: GovernmentDomestic coal supply for the power sector remained comfortable during July. Total coal stocks reached approximately 148 million tonnes, suf...
Bain Capital-backed Dhoot Transmission bets on India EV shift to drive growthIPO-bound Dhoot Transmission expects India's shift to electric vehicles to be its biggest growth driver as it expands its EV-focused produc...
Vodafone Idea needs tariff hikes to sustain network investments: Kumar Mangalam BirlaVodafone Idea's chairman emphasized the necessity of tariff adjustments for network investments. The company seeks Rs 45,000 crore funding ...
India eyes record 20 GW distributed renewable capacity this fiscalIndia anticipates its highest distributed renewable energy capacity this fiscal year. Schemes like PM Surya Ghar and PM Kisan Urja are expe...
Ajmera Realty & Infra Q1 profit rises 14% to Rs 45crAjmera Realty & Infra India Ltd reported an impressive fourteen percent increase in net profit, amounting to Rs 44.94 crore for June. Along...
MakeMyTrip Q1 bookings rise 20%; AI assistant drives growthMakeMyTrip reported a 19.9% year-on-year rise in Q1 gross bookings to $2.85 billion, while revenue and adjusted operating profit increased ...
India’s gold headache far from cured after 60 days of breatherIndia's gold jewellery demand is rebounding after a weak first half hit by soaring prices, higher import duties and Adhik Maas. Retailers r...
India's Q1 FY27 fiscal deficit widens to Rs 3.1 lakh crore from Rs 2.8 lakh crore a year ago; at 18.2% of full-year targetIndia Q1 FY27 fiscal deficit: The fiscal gap was higher than the Rs 2.8 lakh crore recorded during the April-June period of the previous fi...
Higher crude oil prices could hit India's fiscal health, finance ministry saysIndia's finance ministry warns of rising crude oil prices impacting fiscal and trade balances. Persistent geopolitical tensions in West Asi...