New Delhi, May 27 (IANS) The Rs 77,821 crore combined OMC profit for FY2025-26 is a 3 to 4 per cent net margin on combined turnover in the order of Rs 20 lakh crore, the working margin any healthy commodity refiner at this scale produces, according to the data.The Opposition is pointing to the OMCs’ Rs 77,821 crore combined profit in FY 2025-26 a 130 per cent jump over FY 2024-25, and calling it a windfall during a crisis.The truth is: Roughly half of this profit returns to the Government of Ind…
Latest FY2025–26 News & Updates
New Delhi, May 1 (IANS) Maruti Suzuki India, the country’s largest carmaker, on Friday reported its highest-ever April sales, signalling a strong start to the new financial year driven by broad-based demand across segments, particularly small cars and SUVs.The company posted total sales of 2,39,646 units in April — marking a sharp 33.29 per cent increase over 1,79,791 units sold in the same month last year.Domestic sales also touched a record high of 1,91,122 units, up from 1,42,053 units a y…
Mumbai, April 5 (IANS) India’s primary market activity picked up sharply in March 2026, with as many as 38 companies filing preliminary IPO papers with the Securities and Exchange Board of India (SEBI).The number marks a significant increase compared with 22 filings in March 2025 and 16 in March 2024, SEBI data showed, pointing to a strengthening pipeline of public issues.Market participants attributed the spike to a mix of rising confidence among issuers and the strategic timing of filings to…
New Delhi, March 14 (IANS) India’s services exports have maintained strong momentum in FY2025-26, supported by sustained global demand for Indian services and over the April-January 2025-26 period, services exports are estimated at $348.4 billion, an official factsheet said on Saturday.India’s services exports share in GDP averaged 9.7 per cent during FY23-FY25, marking a notable rise from 7.4 per cent in the pre-pandemic period, and highlighting the growing role of the services sector in su…
New Delhi, Feb 6 (IANS) The gap between how Pakistan actually lives and how it is officially governed is steadily eroding productivity, deepening inequality and weakening the foundations of growth, a new report has said, adding that the rhetoric around reaching $100 billion in exports by 2030 is closer to wishful thinking than credible strategy.Moreover, latest package of incentives announced by the government may provide temporary relief, but on their own, they are unlikely to alter Pakistan’…
New Delhi, Jan 13 (IANS) India’s automobile industry delivered a strong performance in the third quarter of FY2025–26, with all major vehicle segments reporting their highest-ever Q3 sales, driven by festive demand, policy support and improved affordability.The passenger vehicle segment recorded its best-ever Q3 sales at 12.76 lakh units in Q3, marking a sharp growth of 20.6 per cent compared with the same period last year.The segment also achieved its highest-ever calendar year sales of 44….