Mumbai, Jan 13 (IANS) Shares of Larsen & Toubro came under sharp selling pressure on Tuesday after media reports suggested that Kuwait is considering cancelling oil project tenders worth $8.7 billion.L&T said the projects mentioned in the reports were not part of its current order book.“With reference to the media report regarding discussions on possible cancellation of certain oil project tenders in Kuwait, the Company would like to clarify that the projects referred to in the said re…
Latest FY26 News & Updates
Mumbai, Jan 8 (IANS) Hindustan Zinc shares came under heavy selling pressure on Thursday, as the stock fell more than 6 per cent to Rs 588.35 on the NSE.This marked its steepest single-day fall in the last six months. The sharp decline was largely driven by a sudden correction in silver prices, which dampened investor sentiment across the metal sector after a strong rally last year.The sell-off was not limited to one stock, as the entire metal pack traded in the red during the session.The Nifty …
New Delhi, Jan 7 (IANS) While the 7.4 per cent GDP growth rate projected for FY 26 in the first advance estimates of the Ministry of Statistics “is quite expected and reasonable”, the actual figure is eventually likely to be higher at around 7.5 per cent, an SBI Ecowrap report released on Wednesday stated.”We believe that GDP growth for FY26 would be around 7.5 per cent with an upward bias. The second advance estimates, incorporating additional data and revisions, are scheduled to be released on…
New Delhi, Jan 5 (IANS) India’s research and insights industry is expected to sustain roughly 10 per cent growth in FY26, after touching Rs 29,008 crore in FY25, up 10.9 per cent year-on-year (YoY), a report said on Monday.The report from the Market Research Society of India said the sector is expected to reach about Rs 32,500 crore as international demand for integrated insight delivery and AI for deeper analysis rises.”Growth will be driven by rising international demand for integrated insig…
New Delhi, Jan 5 (IANS) Maharatna public sector company Steel Authority of India Limited (SAIL) has clocked a 37 per cent jump in sales volume for December at 2.1 million tonnes (MT), compared with the corresponding figure of 1.5 MT achieved in December 2024.”This is the best ever showing for the month of December, and saw the company scale new peaks across product categories and different sales channels with significant inventory reduction. The performance was buoyed by maintaining a strong foc…
New Delhi, Jan 3 (IANS) Traffic and toll collection growth is expected to improve to 5-9 per cent in FY26, which will drive stability in the toll road sector through FY27, a new report has said.The report from ICRA said that the outlook on the toll road sector remains stable, paving the way for sustained growth.“On the back of benign WPI inflation, the inflation-linked toll rate hike is projected at around 3.2 per cent for newer projects and 1.6 per cent to 2 per cent for older projects in FY2…
New Delhi, Jan 3 (IANS) In clear signs of a pick-up in investment intentions in the country, the momentum strengthened in the first nine months of FY26, with Rs 26.62 lakh crore worth of new investment announcements, significantly higher than Rs 23.88 lakh crore in the same period last year, according to a new report.This is on the back of a very positive policy package of the government which has focussed on capex, lowering of income tax rates and GST 2.0.Infrastructure-led sectors dominated in…
New Delhi, Jan 2 (IANS) Investments by retail investors in the primary market reached a record Rs 34,840 crore in FY26 (April–November period), up from Rs 34,336 crore in FY25 (April–March) and Rs 18,057 crore in FY24 (April–March), according to industry data.Indian markets saw strong fund‑raising in 2025, with 103 mainboard IPOs raising over Rs 1.76 lakh crore and 267 SME IPOs mobilising a record Rs 11,435 crore.Of the 108 mainboard listings, 72 opened above their issue price and 36 tra…
Mumbai, Jan 2 (IANS) Domestic passenger vehicle (PV) wholesales rose around 26 per cent year‑on‑year to almost 4,05,000 units in December, driven by sustained demand after the goods and services tax (GST) rationalisation in September and year-end discounts offered by companies.Buyers also advanced purchases ahead of automakers’ January price hikes which led to the robust surge. For calendar year 2025, wholesales climbed 5.7 per cent year‑on‑year to a record high of roughly 4.55 million…
Mumbai, Dec 30 (IANS) The Indian real estate sector witnessed 11 capital market deals and raised Rs 17,867 crore in the first nine months of FY26, a report showed on Tuesday.The number of deals in the first nine months of FY26 is already equal to the deals witnessed in FY25 and the amount raised and deals may surpass to become the highest in the past six years, according to the report by Equirus Capital.The sector overall witnessed fund-raising of Rs 72,331 crore since FY18 and REITs got the lar…