April 21, 2026
Headlines
Jindal Stainless

Jindal Stainless Delivers 32% Profit Growth in Q2 FY26 on Strong Sales and Product Mix

Business News Desk03 mins mins

Jindal Stainless Ltd (JSL), India’s largest stainless steel manufacturer, reported a stellar performance for the second quarter of FY26, posting a 32% year-on-year (YoY) jump in consolidated net profit to ₹808 crore. The robust earnings were driven by higher sales volumes, improved product mix, and sustained demand across key user industries including infrastructure, transportation, and…

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Bajaj Finance

Bajaj Finance Delivers 22% Profit Surge in Q2: Analysts Weigh In on Buy, Sell or Hold Strategy

Business News Desk03 mins mins

Bajaj Finance has once again captured investor attention with a robust 22% year-on-year (YoY) surge in consolidated net profit for the second quarter of FY26, reaching ₹4,875 crore. Despite falling slightly short of market expectations pegged at ₹4,969 crore, the performance underscores the company’s resilience in a volatile lending environment. As shares remain in focus,…

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Economists

Economists Advise Government to Prioritize Private Investment and Fiscal Discipline Ahead of Union Budget 2026

Business News Desk03 mins mins

As India prepares for the Union Budget 2026, a chorus of leading economists has urged the central government to focus on boosting private sector investment while maintaining a strict adherence to fiscal prudence. During a high-level pre-budget consultation chaired by Finance Minister Nirmala Sitharaman and Chief Economic Advisor Anantha Nageswaran, experts emphasized the need for…

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Global AI Bubble

India Could Emerge Stronger If Global AI Bubble Bursts, Says Macquarie’s Sandeep Bhatia

Business News Desk03 mins mins

As global markets ride the wave of artificial intelligence (AI) exuberance, concerns about a potential bubble have begun to surface. According to Sandeep Bhatia, Managing Director and Head of Equity India at Macquarie Capital, India may actually stand to benefit if the AI bubble bursts. In a recent market outlook, Bhatia likened the current AI…

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Imports

India’s Imports from Russia Skyrocket 12x in Five Years While Exporters Struggle to Penetrate Russian Market

Business News Desk03 mins mins

India’s trade relationship with Russia has taken a sharply imbalanced turn, as imports surged nearly twelvefold from $5.48 billion in 2020–21 to $63.81 billion in 2024–25, according to data from the Ministry of Commerce. Despite this exponential growth in inbound trade—driven largely by discounted oil purchases—Indian exporters have failed to make significant inroads into the…

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Slice Small Finance Bank

Slice Small Finance Bank Posts ₹7 Crore Profit in H1 FY26, Signals Strong Turnaround After Merger

Business News Desk03 mins mins

Fintech-led banking entity Slice Small Finance Bank has reported a net profit of ₹7 crore for the first half of FY26, marking a significant turnaround from its ₹217 crore loss in FY25. The Bengaluru-based firm, formed through the merger of digital lending startup Slice (Garagepreneurs Internet Pvt Ltd) and North East Small Finance Bank, has…

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Lenskarts IPO

Lenskart’s IPO Marks a New Beginning, Not an End: Peyush Bansal’s Purpose-Driven Message Resonates Across Startup Ecosystem

Business News Desk03 mins mins

As Lenskart prepares to make its debut on the Indian stock exchanges on November 10, 2025, founder and CEO Peyush Bansal has delivered a deeply personal message to stakeholders, emphasizing that while “profit is oxygen,” it is “purpose that is breath.” His reflections, shared through a heartfelt letter and social media posts, have struck a…

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Foreign Portfolio Investors

Foreign Portfolio Investors Pull ₹12,569 Crore from Indian Equities in November Amid Global Risk-Off Sentiment

Business News Desk03 mins mins

Foreign Portfolio Investors (FPIs) have resumed their selling spree in Indian equities, with a net withdrawal of ₹12,569 crore in November 2025, reversing the brief inflow seen in October. The renewed outflows are attributed to global risk-off sentiment, weak cues from international markets, and India’s perceived underperformance in the ongoing AI-driven rally. This marks the…

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Goldman Sachs

Goldman Sachs Turns Bullish on India, Sets Nifty 50 Target at 29,000 by 2026 Amid Growth Revival

Business News Desk03 mins mins

Global investment bank Goldman Sachs has upgraded India’s equity market rating to “overweight”, projecting a Nifty 50 target of 29,000 by December 2026. This marks a significant shift from its previous “neutral” stance in October 2024, driven by expectations of a robust economic rebound, supportive fiscal and monetary policies, and improving investor sentiment. The upgrade…

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