New Delhi, June 19 (IANS) The Department of Social Justice & Empowerment has removed the requirement for a domicile certificate for students applying under Pre‑Matric and Post‑Matric scholarship schemes for Scheduled Caste and Other Backward Classes, an official statement said on Friday.This step is expected to reduce the compliance burden on students and simplify the application process for scholarships, enabling easier access to benefits.Thousands of eligible applicants across the coun…
Latest FY26 News & Updates
New Delhi, June 12 (IANS) India’s flexible office sector crossed the 100 million sq ft mark and ended FY26 on its strongest commercial footing yet, with robust revenue growth, expanding profitability and increasing enterprise adoption, a report said on Friday.The report from flexible workspace platform myHQ said Global Capability Centres accounted for a record 45.5 per cent of all office leasing in Q1 CY26 and that enterprise clients contributed the majority of revenue across every listed oper…
Mumbai, June 9 (IANS) Tata Consultancy Services expects a major transformation in the coming years, with artificial intelligence (AI) becoming deeply integrated into its workforce and operations, its Chairman N Chandrasekaran said on Tuesday.Speaking at the 31st Annual General Meeting here, he said that over the next three years, the company could have as many AI agents as human employees, marking a major shift in how work is done at TCS.He said the company is building what he called “the most…
New Delhi, June 8 (IANS) India’s largest steelmaking public sector company Steel Authority of India Limited on Monday said it will prioritise value‑added and special steel products with sharper focus on customer engagement and cost optimization.Outlining its future plans, the company said it is firmly committed to volume expansion and cost optimisation, which are aligned with the government’s vision of Viksit [email protected] ongoing global volatility, the company had reported a robust …
New Delhi, June 7 (IANS) Private sector investment activity witnessed a significant surge in FY26, with investment announcements rising to Rs 56 lakh crore from Rs 37 lakh crore in the previous financial year, according to a report by State Bank of India Research. The sharp increase comes amid ongoing debates over the pace of private capital expenditure and suggests growing confidence among businesses in the country’s economic prospects.In its latest Ecowrap report, SBI Research noted that priva…
Ahmedabad, June 7 (IANS) Global brokerage Jefferies has maintained a bullish outlook on key Adani Group power and infrastructure companies, including Adani Green Energy, Adani Power, and Adani Energy Solutions, citing strong capacity expansion plans, robust demand visibility, and improving execution momentum across businesses.In its latest note, Jefferies said it remains positive on Adani Green Energy Limited with a “Buy” rating and a price target of Rs 1,435, implying limited near-term upsi…
New Delhi, June 6 (IANS) Amid the global headwinds, the government has made efforts to ringfence the MSME sector with various EPCLGS schemes, and would slash non-essential expenditures on the revenue side to make fiscal ends meet, rather than reducing capital expenditures, according to economists.On the external front, exports are likely to slow down as global growth takes a hit, says YES BANK ‘Ecologue’.The manufacturing sector, particularly MSMEs, could face a slowdown due to supply-chain …
New Delhi, June 5 (IANS) The government is set to release India’s January-March quarter GDP figures for FY26 along with the full-year growth numbers on Friday, with economists expecting the economy to expand at a slower pace than earlier estimates amid global uncertainties and external risks.In addition, the GDP data for the full financial year will be released with the new base year of 2022-23, which is an important statistical revision in national income calculations.Economists broadly expec…
New Delhi, June 4 (IANS) Despite energy market volatility, Indian corporates closed FY26 on a resilient note, as BSE 500 companies posted an aggregate profit after tax (PAT) growth of almost 14 per cent year-on-year in Q4FY26, largely in line with the previous quarter’s performance, a report said on Thursday.The report from Emkay Global Financial Services said that robust topline expansion, broad-based sectoral participation, healthy cash flows, and resilient balance sheets strengthened the earn…
Mumbai, June 1 (IANS) Shares of Inox Wind fell more than 8 per cent on Monday after the company reported a sharp decline in its earnings for the fourth quarter (Q4) of FY26.The wind energy solutions provider reported a consolidated net profit of Rs 105.68 crore for the January-March quarter, marking a decline of nearly 45 per cent from Rs 190.34 crore recorded in the corresponding period of the previous financial year.The fall in profitability came as operating expenses rose significantly during…