Sunil Bharti Mittal Urges ‘Double Down’ Investment in India Amidst Global Energy Crisis
Sunil Bharti Mittal urges ‘double down’ investment in India to navigate the global energy crisis and boost economic growth.
Indian economy
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Zoho Reconsiders WFH Policy Following PM Modi’s Appeal for Office Return
Zoho reconsiders its Work From Home policy across India after PM Modi’s appeal, potentially shifting its distributed work model.
Crisil Projects Robust Indian Growth Amidst Elevated Global Oil Prices
Crisil forecasts India’s strong 6.6% GDP growth by FY27 despite rising global oil prices, detailing economic implications for the nation.
India’s GST Collections Soar to Record High in April 2026, Signalling Robust Economic Start
India’s GST collections reached a record Rs 2.42 lakh crore in April 2026, signaling a robust economic start and strong growth.
UBS Trims India’s GDP Forecast Amid Middle East Tensions, Rupee Expected to Weaken Further
Discover why UBS cut India’s GDP forecast to 6.2% amid Middle East tensions, anticipating a weaker rupee and inflation risks.
Titan Stock Plunges Amid PM Modi’s Gold Appeal Despite Robust Q4 Performance
Discover why Titan stock plunged despite robust Q4 earnings, following an appeal by PM Modi to delay gold purchases for the Indian economy.
Canara Bank Navigates Mixed Q4 FY26: Profit Dip Contrasts with Strong Full-Year Growth and Improved Asset Quality
Canara Bank’s Q4 FY26 saw a profit dip, but strong full-year growth and improved asset quality tell a different story; learn more.
India’s Economic Horizon Brightens: FY26 Growth Projected Above 7%
India’s economy is set for strong growth, with FY26 GDP projected to exceed 7% amidst robust performance and strong Q2 data.
India Inc Faces Headwinds: Profit Growth Projected to Slow by 15% by FY27
Indian corporations, collectively known as India Inc, are bracing for a potential deceleration in profit growth, with market analysts projecting a significant tapering of up to 15% by the fiscal year 2026-27. This anticipated slowdown stems from a confluence of rising input costs, tightening liquidity, and global economic uncertainties, posing a crucial challenge to the…
India’s Business Leaders Urged to Embrace Bold Strategy Amid Global Flux
Shaktikanta Das, Former RBI Governor and Principal Secretary to the Prime Minister of India, recently called upon Indian businesses to adopt bold thinking, fearless innovation, and strategic investment to transform current global challenges, particularly those stemming from the West Asia conflict, into opportunities for long-term growth. Addressing the Confederation of Indian Industry (CII) Annual Business…
RBI Holds Repo Rate Steady, Projects Moderated GDP Growth for FY27
Discover why the RBI held its repo rate steady and revised FY27 GDP growth, signaling a cautious approach to India’s economy.
HG Infra Secures ₹3,931-Crore Maharashtra Highway Project
HG Infra Engineering Ltd. has secured a substantial ₹3,931-crore highway project from Welspun Enterprises, announced on May 11, focusing on the construction of a 6-lane (partially elevated) corridor and the improvement of the existing NH-753F from Pune to Shirur in Maharashtra, signaling a significant boost to regional infrastructure development. Context: India’s Infrastructure Imperative India is…
India’s Economy Forecast to Grow 7.4% in FY26 Despite US Tariff Concerns
India’s economy is projected for strong 7.4% growth in FY26, showcasing resilience despite global trade complexities and US tariff concerns.
Indian Mutual Funds Defy Volatility with Sustained April Inflows
Discover how Indian mutual funds defied volatility with robust April inflows, marking 62 consecutive months of equity investment growth.
PM Modi’s WFH Appeal Reshapes India Inc’s Return-to-Office Strategies
PM Modi’s call for WFH flexibility is transforming India Inc’s return-to-office plans, fostering agile work environments across sectors.
Fitch Outlook: India’s FY27 Earnings Brighten, But US Tariff Cloud Persists
Fitch predicts brighter FY27 Indian earnings, despite the lingering uncertainty from US tariff threats.
Tata Consumer Products Surpasses ₹20,000 Crore Revenue Milestone
Tata Consumer Products (TCP) reached a historic financial milestone in FY26, reporting annual revenue exceeding ₹20,000 crore for the first time in the company’s history. Driven by a strategic pivot toward quick commerce distribution, aggressive product innovation, and a focus on the health and wellness sector, the Mumbai-based FMCG giant saw significant improvements in both…
Abakkus Asset Manager Shifts Strategy Toward Renewable Energy and Power Infrastructure
Mumbai-based Abakkus Asset Manager, overseeing approximately $2.06 billion in assets, has initiated a strategic portfolio reallocation, reducing its exposure to the banking sector while aggressively increasing investments in renewable energy and power-linked capital goods. Fund Manager Aman Chowhan confirmed the shift this week, noting that the move follows a sharp market rebound that has surprised…
Niva Bupa Health Insurance Reports 89.3% Surge in Quarterly Profit
Strong Operational Performance Niva Bupa Health Insurance, a leading player in the Indian health insurance sector, announced a significant 89.3% increase in net profit, reaching Rs 158 crore for the recent quarter. This growth, driven by improved operational efficiencies and a robust expansion in its policyholder base, underscores the company’s strengthening position in a rapidly…
Beyond the Ritual: The Massive Economic Engine of the Prayagraj Mahakumbh
The Economic Magnitude of the Mahakumbh The upcoming Mahakumbh in Prayagraj, India, is poised to become one of the largest temporary human gatherings in history, serving as a massive economic catalyst for the region and the nation. Scheduled for early 2025, the event is expected to attract millions of pilgrims and tourists, transforming the city…
Tata Consumer Products Reports 21% Profit Surge in Q4
Tata Consumer Products Ltd (TCPL) announced a 21% year-on-year surge in net profit for the fourth quarter ending March 31, 2024, surpassing market expectations. The Mumbai-based consumer goods giant reported robust financial performance as shares climbed 2.04% on the Bombay Stock Exchange (BSE) to close at ₹1,175.95. Understanding the Growth Trajectory The company’s recent performance…
A.K. Panda Appointed as New Chairman and Managing Director of SAIL
The Indian government has officially appointed A.K. Panda as the new Chairman and Managing Director (CMD) of the Steel Authority of India Limited (SAIL), effective immediately. This leadership transition follows a period of strategic restructuring within the state-owned steel giant, as the company navigates volatile global market conditions and ambitious domestic production targets. Context and…
India’s E-Way Bill Generation Surges 12% in April, Signaling Robust Economic Activity
Economic Momentum Sustained India’s e-way bill generation experienced a robust 12% year-on-year increase in April 2024, reaching 13.34 crore compared to 11.93 crore in April 2023, according to the latest government data. This surge in digital logistics documentation indicates a sustained acceleration in domestic trade and internal commerce across the country. While the figure represents…
CreditAccess Grameen Reports Seven-Fold Profit Surge in Q4
Record-Breaking Quarterly Performance CreditAccess Grameen Ltd, a prominent microfinance institution, announced a massive seven-fold increase in net profit for the fourth quarter of the fiscal year, driven by a 14% expansion in its Assets Under Management (AUM) and a 20% rise in Net Interest Income (NII). The company reported a profit before tax of ₹445.0…
RBI Governor Assesses Impact of US Tariffs on Indian Economy
Reserve Bank of India (RBI) Governor Shaktikanta Das announced on Wednesday that the Indian economy remains resilient enough to withstand potential volatility stemming from proposed US tariff policies. Speaking at a financial forum in Mumbai, Das emphasized that while global trade protectionism presents challenges, India’s domestic growth drivers are well-positioned to buffer against external headwinds….
GST Reform Poised to Drive Retail Price Reductions and Consumption Growth
A recent article published by the Reserve Bank of India (RBI) suggests that impending reforms to the Goods and Services Tax (GST) structure will significantly lower retail prices and catalyze a surge in consumer demand across the nation. By streamlining tax slabs and addressing input tax credit inefficiencies, policymakers aim to reduce the cumulative tax…
GST 2.0: Q2 Sales Face Short-Term Dip Amidst Optimistic Demand Outlook
Corporate India is bracing for a temporary slowdown in sales for the second quarter (Q2) of the fiscal year, a trend analysts are attributing to the transition phase of the updated Goods and Services Tax (GST) framework, colloquially dubbed “GST 2.0.” Despite the anticipated dip in revenue figures, industry leaders and market analysts maintain that…
Government Confirms GST Rate Cuts Are Boosting Consumption and GDP Outlook
The Indian government officially confirmed this week that recent reductions in Goods and Services Tax (GST) rates have been successfully passed on to consumers, resulting in a measurable uptick in domestic consumption that is expected to bolster upcoming Gross Domestic Product (GDP) figures. Following a series of policy adjustments aimed at easing the tax burden…
Indian Equities Navigate Volatility as Markets Secure Weekly Gains
Market Performance and Current Volatility Indian equity benchmarks, the Nifty 50 and the BSE Sensex, concluded the trading week with gains for the second consecutive time, despite experiencing significant mid-week volatility. Driven by a complex mix of domestic corporate earnings reports and shifting geopolitical tensions in West Asia, the indices closed the week on a…
India’s First Comprehensive Household Income Survey: Navigating Data Challenges
The Ministry of Statistics and Programme Implementation (MoSPI) is preparing to launch India’s first-ever comprehensive household income survey, an ambitious initiative aimed at bridging critical gaps in national economic data. Secretary Saurabh Garg recently confirmed that the survey, slated to be conducted across the nation, represents the most complex data-gathering exercise undertaken by the ministry…
ABB India Faces Margin Squeeze as Q1 Profits Decline Despite Revenue Growth
ABB India, the local arm of the Swiss-Swedish industrial technology giant, reported a 25% year-on-year decline in net profit for the first quarter of the 2026 calendar year, citing significant margin pressures and rising raw material costs. Despite the bottom-line contraction, the company managed to post a 5.7% increase in revenue, reaching ₹3,184 crore for…
Corporate India Q4 Earnings Show Divergent Growth Paths Amidst Market Volatility
Market Performance Amidst Q4 Earnings Surge Corporate India showcased a mixed bag of financial performance on May 8, 2026, as major players across banking, retail, and manufacturing sectors released their fourth-quarter results. State Bank of India (SBI) led the sector with a 5.6% rise in net profit, while consumer-facing tech firms like Swiggy demonstrated significant…
Indian Stock Markets Retreat as Geopolitical Tensions and Earnings Uncertainty Weigh on Indices
Indian equity benchmarks Sensex and Nifty closed significantly lower on May 8, 2026, marking a second consecutive day of losses as investors reacted to escalating geopolitical instability in West Asia and mixed corporate earnings reports. The BSE Sensex plunged 516 points to settle at lower levels, while the NSE Nifty 50 slipped below the crucial…
Supreme Court Declines Arrest Intervention in ADAG Bank Fraud Probe
The Supreme Court of India recently signaled a hands-off approach regarding the arrest of individuals involved in the Anil Dhirubhai Ambani Group (ADAG) bank fraud case, stating the bench is
JSW Steel Secures Preferred Bidder Status for Goa Iron Ore Block
JSW Steel secures a major Goa iron ore block, gaining access to 96 million tonnes of resources to enhance raw material security.
GST Inversion Eases as Policy Shifts Target Industry Profitability
Discover how recent GST policy shifts are easing tax inversion for Indian manufacturers, boosting profitability and cash flow.
GST Inversion Eases as Industry Navigates Persistent Input-Output Tax Disparities
Explore how India’s 2024 GST reforms tackle inversion, easing input tax credit issues, but industry still navigates persistent tax rate disparities.
BSE Reports 61% Surge in Q4 Net Profit Amid Revenue Growth
Strong Financial Performance BSE Ltd, Asia’s oldest stock exchange, reported a 61% year-on-year increase in net profit for the fourth quarter ending March 31, 2024, driven by a substantial surge in operational revenue. The Mumbai-based exchange announced its financial results on May 7, confirming a robust fiscal finish that saw shares climb 3.35% to close…
Union Budget 2024-25: Government Unveils Strategic Roadmap for ‘Viksit Bharat’
In a strategic move to accelerate national development, the Indian government unveiled the Union Budget 2024-25 on Tuesday, prioritizing a comprehensive roadmap aimed at achieving a ‘Viksit Bharat’ or ‘Developed India’ by 2047. Finance Minister Nirmala Sitharaman presented the budget in Parliament, detailing a multi-pronged approach that anchors the nation’s economic future on nine key…
V-Mart Retail Reports Q4 Profit Decline Amid Operational Expansion
Financial Performance Overview V-Mart Retail Ltd reported a 39% decline in net profit for the fourth quarter ending in March 2024, despite achieving growth in both revenue and operating margins. The company, a prominent value fashion retailer in India, announced these results on May 7, concurrently recommending a dividend of 10% for the upcoming fiscal…
GST 2.0: Finance Ministry Initiates Price Surveillance on Essential Goods to Combat Profiteering
Ensuring Fair Pricing Under GST 2.0 The Indian Ministry of Finance has launched a comprehensive data-compilation initiative this week in New Delhi to monitor the retail prices of essential daily-use items, aiming to curb potential profiteering as the government prepares for the next phase of the Goods and Services Tax (GST) reform. This proactive surveillance…
SBI Research Projects Widespread MSME Support Through ECLGS 5.0 Expansion
Expanding Financial Lifelines A new report from SBI Research indicates that the latest iteration of the Emergency Credit Line Guarantee Scheme (ECLGS 5.0) will provide vital financial support to approximately 45% of all Micro, Small, and Medium Enterprises (MSMEs) in India. This government-backed initiative aims to bolster liquidity for roughly 1.1 crore MSME accounts, offering…
GST 2.0: Q2 Sales Face Temporary Dip as Industry Projects Resilient Demand
Corporate India is bracing for a momentary deceleration in sales growth during the second quarter of the current fiscal year, as the transition to the second phase of the Goods and Services Tax (GST) framework disrupts supply chains and retail inventory management. While initial data from major manufacturers suggests a cooling in volume growth across…
States Weigh Risks as Centre Moves Toward GST Rate Rationalization
The Push for Tax Reform The Group of Ministers (GoM) has officially signaled support for the Union government’s initiative to rationalize the Goods and Services Tax (GST) structure across India. Meeting in recent sessions, state representatives reached a broad consensus on simplifying the current multi-tiered tax slabs, though the move has sparked significant debate regarding…
Market Momentum and Policy Stalemates: A Snapshot of India’s Economic Landscape
Market Performance and Sectoral Shifts The Nifty Midcap index has surged to new heights this week, signaling a robust appetite for risk among domestic investors as market sentiment remains bullish. This rally, captured in CNBC-TV18’s nightly ‘Top 10@10’ briefing, reflects a broader trend of capital rotation from large-cap heavyweights into high-growth mid-sized firms, driven by…
Dabur India Posts 16% Profit Growth Amidst Resilient Consumer Demand
Dabur India, one of the nation’s leading consumer goods manufacturers, reported a 16% year-on-year increase in net profit to ₹362 crore for the quarter ending March 31. The company also recorded a 7.3% rise in consolidated revenue, signaling a period of steady recovery and operational efficiency in a complex macroeconomic environment. Understanding the Market Landscape…
Indian Government Plans New Levies on Tobacco and Pan Masala as GST Cess Expires
The Indian central government is preparing to introduce new tax levies on tobacco products and pan masala as the current Goods and Services Tax (GST) compensation cess is set to expire. This fiscal shift, expected to take effect in the coming months, aims to bridge the revenue gap created by the sunset of the temporary…
RBI Cuts Repo Rate to 5.25% Amid Optimistic Economic Outlook
Monetary Policy Shift The Reserve Bank of India (RBI) announced a 25-basis-point reduction in the repo rate to 5.25% this week, signaling a strategic pivot to stimulate domestic growth. Governor Shaktikanta Das characterized the current economic landscape as a
CESC Reports Q4 Profit Growth Amid Margin Compression
Kolkata-based power utility CESC Ltd reported a 17.4% year-on-year rise in net profit to ₹439 crore for the fourth quarter ending March, despite facing mounting operational challenges. The company, which provides electricity distribution and generation services, saw its total revenue grow by 5.6% during the same period. However, investor sentiment remained cautious as shares fell…
Bajaj Auto Reports Record Q4 Revenue Amid Strategic Share Buyback Announcement
Record-Breaking Quarterly Performance Bajaj Auto, the Pune-based automotive giant, reported a record-breaking revenue of ₹16,006 crore for the fourth quarter ending March 31, marking a 32% year-on-year increase. This surge in financial performance, announced by the company management this week, reflects broad-based growth across its domestic motorcycle, three-wheeler, and electric vehicle segments, alongside a resilient…