New Delhi, Jan 23 (IANS) India’s gross tax revenue is projected to improve in FY27, rising by 9.6 per cent, marginally lower than projected nominal GDP growth of 10.1 per cent, a report said on Friday.The report from CareEdge Ratings said that direct tax collections are expected to see some improvement in FY27, aided by recovery in income and corporate tax collections.The government’s capex is projected to grow 10 per cent to Rs 12.3 trillion in FY27, while the fiscal deficit is expected to be b…
Latest FY27 News & Updates
New Delhi, Jan 17 (IANS) India’s real GDP growth in FY27 is expected to be in the range of 6–7 per cent, supported by domestic consumption, interest rate cuts, and public capital expenditure, according to a new report.For budgetary analysis, ICRA used the NSO’s ‘First Advance Estimates’ of nominal GDP of Rs 357.1 trillion for FY26, reflecting a growth of 8.0 per cent, and its own estimate of Rs 392.0 trillion for FY27, implying nominal GDP growth of around 9.8 per cent.The rating agenc…
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, 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 2 (IANS) India’s natural gas consumption is expected to grow by 3-4 per cent (year‑on‑year) in FY27, following near‑term moderation in FY26, driven by lower offtake from fertiliser, power and refineries, a new report has said.The latest report from ICRA forecasts a rebound next year led by recovery in industrial offtake and continued expansion of the City Gas Distribution network, which will position natural gas as a focal point in India’s evolving energy narrative.Natur…
New Delhi, Jan 1 (IANS) The Indian construction sector is projected to see 8-10 per cent revenue growth in FY27 — marginally better than the 6-8 per cent growth anticipated for FY26, a report showed on Thursday.ICRA also maintained a ‘Stable’ outlook on the domestic construction sector.“Road-focused construction entities will continue to see muted performance; however, construction entities focused on urban infrastructure, irrigation and energy segment should register healthy growth,” s…
New Delhi, Dec 30 (IANS) India’s cement industry is projected to record a 6-7 per cent growth in volumes in FY27, supported by sustained demand from housing and infrastructure sectors — after a 6.5-7.5 per cent rise in FY26 (on a higher base in H2 FY25), a report showed on Tuesday.The industry is expected to add 42-44 million MTPA capacity in FY27, after 43-45 million MTPA capacity addition in FY26.Rating agency ICRA said that cement demand remains strong, with volumes expanding by 8.5 per ce…
Mumbai, Dec 29 (IANS) Shares of Dixon Technologies continued to slide for the sixth consecutive session on Monday, falling another 4 per cent to Rs 11,821. This marked the stock’s lowest level since August 2024, as selling pressure remained strong.At the closing bell, the shares were down by Rs 448 or 3.63 per cent to Rs 11,880 on the National Stock Exchange (NSE).The stock has been in a sharp downtrend since late September and has lost around 35 per cent of its value from its peak of Rs 18,47…