Mumbai, Jan 20 (IANS) Early results from India Inc’s December quarter showed a muted earnings season as one‑time charges tied to the new labour code and other transitional costs weighed on profits, industry analysts said.About 10 Nifty 50 firms have reported their results so far, mostly IT companies and few banks. Analysts said there were no upside surprises in the results, with most companies delivering mixed results or falling short of expectations.A major drag on corporate earnings was th…
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New Delhi, Jan 1 (IANS) Despite an uncertain and challenging global economic backdrop, the Indian economy continues to grow strongly, underpinned by robust domestic demand, benign inflation, and prudent macroeconomic policies, the Reserve Bank of India (RBI) has said.The domestic financial system remains robust and resilient, bolstered by strong balance sheets, easy financial conditions, and low financial market volatility. Nonetheless, there are near-term risks from external uncertainties – geo…
Mumbai, Dec 29 (IANS) The Indian commercial banking sector remained resilient during 2024-25 and 2025-26 so far, supported by double-digit balance sheet expansion while asset quality strengthened further, with the gross non-performing assets (GNPA) ratio declining to a multi-decadal low of 2.1 per cent at end-September this year, according to an RBI report released on Monday.Deposits and credit of scheduled commercial banks also grew in double digits, albeit with a moderation from the previous y…