India in ‘Goldilocks’ Phase; MPC Likely on Prolonged Pause Till CY26-End: PGIM India AMC
India’s economy has entered what experts describe as a “Goldilocks phase”—a period of balanced growth…
India in ‘Goldilocks’ Phase; MPC Likely on Prolonged Pause Till CY26-End: PGIM India AMC
India’s economy has entered what experts describe as a “Goldilocks phase”—a period of balanced growth with moderate inflation and stable interest rates. According to PGIM India Asset Management Company (AMC), the Reserve Bank of India’s Monetary Policy Committee (MPC) is expected to maintain a prolonged pause on rate changes until the end of calendar year…
PhonePe Entangled in Money Laundering Probe Involving Winzo Games, Received ED Summons
India’s fintech giant PhonePe has found itself embroiled in a money laundering investigation after the Enforcement Directorate (ED) issued summons in connection with alleged transactions linked to Winzo Games. The development has raised serious questions about compliance, regulatory oversight, and the broader challenges facing India’s fast-growing digital payments and gaming ecosystem. Background of the Probe…
India Switches FY27 Maturity Bonds with Central Bank, Issues 2040 Paper
India has taken a significant step in its debt management strategy by switching FY27 maturity bonds with the Reserve Bank of India (RBI) and simultaneously issuing a new 2040 maturity paper. This move reflects the government’s focus on extending the maturity profile of its debt, reducing refinancing risks, and ensuring fiscal stability as it pursues…
India’s NSE Appoints Rothschild as Independent Advisor for IPO
The National Stock Exchange of India (NSE), the country’s largest bourse, has taken a significant step towards its long-awaited initial public offering (IPO) by appointing Rothschild & Co as an independent advisor. This move signals renewed momentum in NSE’s listing journey, which has been under discussion for several years and is expected to be one…
Manufacturing at Centre of India’s Growth Strategy to Become USD 35 Trillion Economy by 2047
India has set an ambitious target to transform itself into a USD 35 trillion economy by 2047, coinciding with the centenary of its independence. At the heart of this vision lies manufacturing, which policymakers and industry leaders see as the cornerstone of sustainable growth, job creation, and global competitiveness. Background of India’s Growth Vision Why…
IT Sector Valuations Turn Attractive Despite AI Spending Shift: Christy Mathai
India’s IT services sector, long considered a bellwether of the country’s corporate earnings, is witnessing a renewed wave of investor interest. According to market strategist Christy Mathai, valuations across leading IT firms have turned attractive despite the ongoing shift in global technology spending towards artificial intelligence (AI). The sector’s resilience, strong order books, and diversified…
Hindalco Q3 Results: Strong Aluminium EBITDA Offsets Novelis Hit; Margin Dip Linked to Oswego Fire
Hindalco Industries, India’s leading metals major, announced its Q3FY26 results, showcasing resilience in its aluminium business despite challenges faced by its US subsidiary Novelis. The company reported that strong aluminium EBITDA helped offset the impact of the Oswego plant fire in the US, which temporarily affected Novelis margins. Key Highlights of Q3FY26 Drivers of Performance…
Honasa Consumer Shares Rally 4% as Q3 Net Profit Soars 93% YoY to Rs 50 Crore
Honasa Consumer, the parent company of popular personal care brand Mamaearth, reported a stellar performance in its Q3FY26 results. The company’s net profit surged 93% year-on-year to Rs 50 crore, driven by strong demand across digital channels, expanding offline presence, and robust growth in emerging categories. Following the announcement, Honasa Consumer’s shares rallied 4%, reflecting…
Lupin Q3 Net Profit Climbs 37.4% in Q3FY26 on Strong US, Emerging‑Market Demand
Pharma major Lupin Limited reported a stellar performance in its Q3FY26 results, with net profit surging 37.4% year-on-year to Rs 1,215 crore, driven by robust demand in the United States and emerging markets. The company’s revenue growth was supported by strong generics sales, new product launches, and improved operational efficiency. Key Highlights of Q3FY26 Drivers…
ONGC Dividend 2026: Rs 6.25 Cash Reward in Q3 Results FY26! Profit Up 16.7% YoY to Rs 10,015 Cr, Revenue Rises 0.1% – Record Date Feb 18
Oil and Natural Gas Corporation (ONGC), India’s largest energy explorer, announced its Q3 FY26 results, reporting a 16.7% year-on-year rise in net profit to Rs 10,015 crore. The company also declared a dividend of Rs 6.25 per share, with the record date set for February 18, 2026. Despite modest revenue growth of 0.1%, ONGC’s strong…
