New Delhi, March 13 (IANS) India’s GDP is expected to grow 7.5 per cent in the fiscal year ending March 2026 higher than 7.4 per cent forecasted earlier, due to resilient domestic demand even as activity showed tentative slowing in January and February, a report said on Friday.Credit rating agency Fitch Ratings said domestic demand will drive the growth, with consumer spending and investment expected to expand by 8.6 per cent and 6.9 per cent, respectively, in FY26.High frequency indicators in…
Latest Q3FY26 News & Updates
Mumbai, Feb 10 (IANS) The Indian equity markets posted moderate gains on Tuesday, rising for the third consecutive session, supported by strong Q3 earnings data from select companies.At the closing bell, the Sensex gained 208 points, or 0.25 per cent, to settle at 84,065. The Nifty surged 67 points, or 0.26 per cent, to close at 25,935.The broader markets posted stronger gains than benchmark indices, as the Nifty Midcap 100 index added 0.49 per cent, while the NSE Smallcap 100 surged 0.38 per ce…
Mumbai, Jan 20 (IANS) Multi-brand fashion retailer Shoppers Stop Limited on Tuesday reported a sharp fall in its net profit for the third quarter, even as revenue saw a modest increase amid a challenging consumption environment.The company’s net profit in Q3 fell steeply to Rs 16.1 crore, compared with Rs 352.2 crore in the same quarter last financial year — marking a nearly 22-fold decline, according to its stock exchange filing.Revenue during the quarter rose 2.6 per cent year-on-year to Rs…
New Delhi, Jan 16 (IANS) Mukesh Ambani-led Reliance Industries (RIL) reported a consolidated net profit of Rs 18,645 crore in the October-December quarter of the financial year 2025-26 (Q3FY26), which representsa 0.56 per cent increase compared to the corresponding figure of Rs 18,540 crore for the same quarter of the previous financial year.The company’s revenue from operations, however, rose 10.5 per cent year-on-year to Rs 269,496 crore during the third quarter, from Rs 243,865 crore in the s…