New Delhi, July 14 (IANS) India’s current account deficit for the second quarter of CY26 is tracking around 1.5 per cent of gross domestic product by June-end, a report said on Tuesday.The capital account and the overall balance of payments are likely to remain in deficit for the quarter, the report from HSBC Global Investment Research said.The report forecasted inflation to average nearly 5 per cent in FY27.The debt inflows picked up in June and the external position should improve as non‑r…
Latest CY26 News & Updates
New Delhi, July 11 (IANS) India’s listed new‑age ecosystem could touch $1 trillion in market capitalisation by 2030 and about 210 new‑age companies are IPO-ready over the next 24 months, a new report has said.The report from consulting firm Redseer said India’s IPO market has grown nearly 8 times in proceeds, making it the only major capital market to sustain uninterrupted growth in primary issuance.It now ranks third globally by proceeds while leading all major markets in long-term trajec…
New Delhi, Jan 5 (IANS) The Indian IT industry’s revenue growth is expected to recover to 4-5 per cent in FY27, leading to high‑single‑digit EPS growth, a report said on Monday.The report from HSBC Global Investment Research, however, said that IT stocks, up about 15 per cent from their lows, could still perform broadly in line with the market in 2026.”We still see an improving outlook, but now expect the IT sector to perform in line with the broader market in FY27. IT is no longer a long-te…
New Delhi, Dec 31 (IANS) India’s benchmark index Nifty is set to touch 29,150 up from earlier expectation of 28,500 by December 2026, implying a return of 12 per cent year‑on‑year for CY26, a report said on Wednesday.The report from Geojit Investments Limited said that it had a positive outlook on Indian equities as benign inflation and an improving demand environment, aided by fiscal and monetary measures will drive a turnaround in the domestic earnings cycle.The brokerage, however, flagged…