New Delhi, Feb 26 (IANS) India Inc. is expected to sustain year‑on‑year revenue growth of 8–10 per cent in Q4 FY26 and expand operating profit margins by 50–75 basis points, supported by firm rural demand and a gradual urban consumption recovery, a report said on Thursday.The report from ratings agency ICRA said the credit metrics are expected to remain healthy, with interest coverage ratio likely at about 5.3–5.5 times, broadly stable compared to 5.3 times in Q3FY26.”Domestic rural de…
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New Delhi, Feb 26 (IANS) India’s economy is projected to expand between 6.8 per cent and 7.2 per cent in FY27 as bilateral trade agreements with major economies are expected, along with the government’s economic reforms, to counter the global uncertainties created by the US tariff turmoil, according to the latest EY Economy Watch report.”In the background of India’s extensive bilateral trade agreements with other major economies or economic groups, India’s medium-term prospects have brightened u…
New Delhi, Feb 24 (IANS) India’s retail lending portfolio grew to Rs 162.7 lakh crore in Q3 FY26, up 18.1 per cent year‑on‑year, with 690 million active loan accounts and improved asset quality, a report said on Tuesday.The report from Credit bureau CRIF High Mark said Portfolio at Risk (PAR) with repayments overdue by 31 to 180 days declined to 3.1 per cent from 3.6 per cent a year earlier. Quarterly originations rose 41 per cent YoY to Rs 25.3 lakh crore, the report said.Gold loan origin…
Ranchi, Feb 24 (IANS) Jharkhand Finance Minister Radha Krishna Kishore on Tuesday presented a Rs 1,58,560 crore Budget for 2026-27 in the Assembly. He described it as the “Abua Dishom Budget” which will carry forward inclusive, sustainable, and welfare-oriented development in the state.Calling it a roadmap for “Abua Jharkhand” (Our Jharkhand), the Finance Minister said the Budget reflects the government’s resolve to wipe the tears of the poor and bring smiles to every citizen.The Budge…
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…
New Delhi, Feb 22 (IANS) India’s capital expenditure saw a year-on-year contraction of 23.4 per cent in the third quarter of FY2025-26, a new report said on Sunday.The moderation in government spending is expected to slightly temper economic growth momentum during the quarter, although overall activity remains supported by festive demand and state-level capex expansion, data compiled by ICRA showed.However, state governments showed improved momentum. Data available for 24 states showed that th…
New Delhi, Feb 20 (IANS) Passenger vehicle retail sales rose 7 per cent in January (year-on-year) in India, while wholesale volumes rose 12 per cent to 4.5 lakh units, a report said on Friday.The report from ICRA said wholesale dispatches grew 14 per cent sequentially over December 2025, even as original equipment manufacturers (OEMs) ramped up production to cater to robust domestic demand.ICRA forecasts passenger vehicle wholesale volumes to expand 5–7 per cent in FY26, supported by sustained…
Mumbai, Feb 20 (IANS) Earnings of Nifty 50 companies showed a year‑on‑year contraction in the December quarter for the first time in 13 quarters, even as top-line growth returned to double digits, as per industry data.Excluding banks, financial services and oil and gas firms, aggregate revenue rose 10 per cent in the quarter — the first double‑digit increase since the March 2023 quarter but aggregate profits dipped due to one‑time accounting impact of India’s new Labour Codes.Operati…
New Delhi, Feb 17 (IANS) India’s domestic passenger vehicle (PV) volumes are expected to grow 4–6 per cent in FY27 supported by sustained demand momentum, even on a high base, a report said on Tuesday.The report from ICRA said two‑wheeler volumes are projected to grow 3–5 per cent YoY, and commercial vehicle volumes by 4–6 per cent.Entry-level motorcycle demand continues to face pressure due to higher vehicle prices and affordability constraints at the lower end of the consumer pyramid…