New Delhi, April 5 (IANS) Profitability of banks is likely to improve year-on-year (YoY) in the March quarter of FY26, supported by sustained growth in advances, higher fee income and lower credit costs, a report said on Sunday.The data compiled by Systematix Institutional Equities noted that banks are expected to deliver better earnings performance in the fourth quarter, even as margin pressures persist.The improvement in profitability is being driven primarily by steady expansion in loan books…
Latest FY26 News & Updates
New Delhi, April 3 (IANS) The passenger vehicle industry in India is estimated to report wholesale volume growth of around 7-9 per cent in FY26, supported by strong festive demand, GST rate cuts and multiple new model launches, a report showed on Friday.The growth is expected to moderate to 4-6 per cent in FY2027, largely due to the high base and evolving macroeconomic conditions, according to credit rating agency ICRA.The report expects growth across India’s passenger vehicle (PV) and tractor…
New Delhi, April 1 (IANS) India’s passenger vehicle market closed FY26 on a robust note, with Maruti Suzuki India, Tata Motors and Toyota Kirloskar Motor posted strong double-digit gains.Maruti Suzuki India recorded a 16.72 per cent year-on-year (YoY) growth in March 2026, selling 2,25,251 units compared to 1,92,984 units in the same month last year.Domestic passenger vehicle sales stood at 1,69,428 units, while exports rose to 47,040 units and supplies to other OEMs reached 8,783 units.For th…
Mumbai, March 27 (IANS) Shares of Bajaj Housing Finance remained under pressure on Friday, extending their prolonged downtrend and hitting a fresh all-time low on the stock exchanges. The stock slipped nearly 4 per cent during the session to touch Rs 76.29 on the National Stock Exchange (NSE).By around noon, the stock was hovering close to its day’s low at Rs 76.41, with strong trading activity as nearly 7 million shares changed hands.The sharp fall has brought the stock close to its issue pri…
New Delhi, March 26 (IANS) India’s credit growth has seen a sharp jump in FY26, rising 61 per cent, driven mainly by strong demand from retail borrowers and MSMEs, a new report showed on Thursday.Credit growth in India has accelerated significantly in FY26, with total credit flows rising to Rs 25.1 lakh crore, nearly matching deposit mobilisation of Rs 26.1 lakh crore, a report by Yes Bank said.The report noted that strong demand across retail, MSME and infrastructure sectors has been the key …
New Delhi, March 24 (IANS) India’s primary market has remained strong in the financial year 2025–26 so far, with record fundraising on the mainboard even as activity in the SME segment slowed slightly, according to NSE’s Market Pulse report for March 2026 on Tuesday.The mainboard IPO segment continued its strong performance during the year. Between April and February, as many as 99 companies launched their public issues, raising a total of Rs 1.65 lakh crore.This is higher than the previou…
New Delhi, March 3 (IANS) The domestic hospitality industry is likely to post sustained healthy performance in FY26 as revenues projected to grow 9–12 per cent year-on-year (YoY), a report said on Tuesday.This will be supported by steady domestic leisure travel, MICE activity, weddings and resilient corporate demand, according to the ICRA report.The report noted that the growth outlook remains favourable despite the high base of FY25.The rating agency has projected average room rates (ARRs) to…
New Delhi, March 2 (IANS) India’s GDP growth for FY27 is likely to touch 7.2 per cent and FY26 growth could be revised up to 7.8 per cent from 7.6 per cent in the subsequent GDP estimates from the government, a report said on Monday.The report from HDFC Bank said the new GDP series with base year 2022‑23 confirms India’s healthy growth performance in this fiscal, adding the growth estimates will rise going forward given strong high‑frequency indicators in Q4.The nominal growth for FY27 is …
New Delhi, Feb 24 (IANS) The Indian commercial vehicle (CV) wholesale volumes reported a robust 27 per cent year-on-year (YoY) growth to 99,544 units in January, along with a sequential growth of 1.9 per cent over 97,682 units recorded in December 2025, a report showed on Tuesday.The year-on-year growth was primarily driven by the reduction in Goods and Services Tax (GST) rate to 18 per cent from 28 per cent, effective September 22, 2025 and was further supported by increased freight activity in…
New Delhi, Feb 24 (IANS) India’s GDP growth in the third quarter of FY26 is likely to come at 8-8.1 per cent, an SBI Research report said on Tuesday, adding that the domestic economy has maintained strong growth momentum despite global headwinds.High-frequency activity data indicates resilient economic activity in Q3 FY26 (October-December 2025). “Rural consumption remains strong, driven by positive signals from farm and non-farm activity. Supported by fiscal stimulus, urban consumption show…