Bajaj Housing Finance Ltd. (BHFL) has reported a strong performance in the third quarter of FY2026, with its Profit After Tax (PAT) rising 21% year-on-year (YoY) to Rs 665 crore. The company attributed the growth to robust loan disbursements, healthy demand in the housing finance sector, and improved asset quality. Financial Highlights The Q3FY26 results…
The Indian government is actively considering a proposal to raise the Foreign Direct Investment (FDI) ceiling in public sector banks (PSBs) to 49%, according to Department of Financial Services (DFS) secretary Vivek Joshi Nagaraju. This move, if implemented, would mark a significant reform in India’s banking sector, aimed at attracting foreign capital, strengthening governance, and…
Tata Chemicals Ltd., one of India’s leading chemical manufacturers, reported a consolidated net loss of Rs 93 crore in the third quarter (Q3) of FY2026, compared to a loss of Rs 54 crore in the same period last year. The company attributed the widening losses to shrinking margins, rising input costs, and global demand pressures….
India Inc has reported a mixed performance in the third quarter (Q3) of FY2026, with revenue growth estimated at 6-7% year-on-year, but operating margins declining by nearly 100 basis points (bps). The results reflect a combination of resilient demand in certain sectors and rising cost pressures that have weighed on profitability. Revenue Growth Trends Despite…
National Aluminium Company Limited (NALCO) has entered the spotlight as its stock fell nearly 9% ahead of its Q3 earnings announcement. Investors are closely watching the company’s performance, with particular attention on demand trends, cost pressures, and capital expenditure (capex) guidance. The sharp decline reflects market anxiety over global commodity volatility, domestic demand fluctuations, and…
Union Minister of Commerce and Industry Piyush Goyal has strongly criticized the previous United Progressive Alliance (UPA) government, claiming that its excessive focus on China came at the expense of strengthening trade ties with the European Union (EU). According to Goyal, this miscalculation not only cost India valuable trade opportunities but also slowed down the…
The global commodity markets have witnessed a dramatic downturn, with gold and silver prices crashing by nearly 30% in recent trading sessions. This unexpected rout has sent shockwaves across investors, traders, and financial institutions. Zerodha’s co-founder and CEO Nithin Kamath weighed in on the situation, offering a crucial takeaway for retail investors and market participants….
Coal India Ltd has announced that its board of directors will meet to declare Q3 results for FY26 and consider the declaration of a third interim dividend. This decision comes at a crucial time when the company continues to play a pivotal role in India’s energy sector, ensuring coal supply for power generation and industrial…
ITC Ltd has reported a 6% rise in net profit to Rs 5,088 crore for the December quarter, supported by strong performance across its FMCG, hotels, paperboards, and agribusiness segments. The company also announced an interim dividend, reflecting its commitment to shareholder value creation. The results highlight ITC’s resilience in a competitive market and its…
An Adani Group company is set to swap part of its dollar-denominated debt with rupee borrowings following a recent top credit rating upgrade, according to sources familiar with the matter. This strategic move reflects the conglomerate’s efforts to strengthen its balance sheet, reduce foreign currency exposure, and align debt management with India’s growing domestic capital…
