Driven by GST reforms, robust festive demand, and softening raw material prices, the FMCG industry expects volume-based growth, supported by a mid-single digit revenue rise and improved operating margins in the December quarter.
The new labour Codes, notified by the central government in November 2025, have pushed up employee costs for private-sector banks and insurance companies, with these firms reporting higher operating expenses in the October-December quarter (Q3FY26) due to the statutory impact of the new labour Codes.
'Among corporates, about 60% of income is now reported under the new tax regime.'
Highlights of the Economic Survey 2025-26
Gold prices are likely to remain in a consolidation phase in the near term, but the overall bias will continue to stay positive amid heightened expectations of a US Federal Reserve rate cut in its September policy meeting, analysts said. Traders will closely track US macroeconomic data, such as Q2 GDP, PCE inflation, and speeches from Fed officials, which will provide more insights into the monetary policy stance of the Federal Reserve and the trajectory of the bullion sentiment, they added.
The country's primary capital markets delivered a robust performance in FY26, emerging as a global leader in initial public offerings (IPOs) despite an uncertain environment, the Economic Survey said on Thursday.
The rupee appreciated 13 paise to close at 90.34 against the US dollar on Thursday, on trade deal optimism and overnight decline in commodity prices, even as the upside remained capped as investors look for more clarity on the India-US trade deal.
Yuki Bhambri and Dhakshineswar Suresh prevailed in a marathon doubles rubber, outlasting David Pel and Sander Arends 7-6 (0), 3-6, 7-6 (1) as India edged ahead 2-1 in their Davis Cup Qualifiers Round 1 tie against the Netherlands, in Bengaluru, on Sunday.
'When markets go into a budget with excessive optimism, the risk of disappointment is higher.'
Medvedev had said he did not like playing Tien after a trilogy of matches that went the distance last year and the 20-year-old American proved him right with a clinical performance that included 33 winners.
Mumbai recovered from a batting collapse to take a 136-run lead over Karnataka on Day 2 of their Ranji Trophy quarter-final.
Fifth seed Elena Rybakina booked her place in the Australian Open semi-finals on Wednesday with a dominant second set display to hand six-time Grand Slam champion Iga Swiatek a 7-5, 6-1 defeat at Melbourne Park.
The bull-market in gold is not yet over and prices can rise to $6,200 an ounce (oz) by mid-2026, up nearly 25 per cent from current levels, according to UBS.
2027's housing census trims questions but adds digital-age indicators like Internet and smartphones.
Uttarakhand delivered a ruthless all-round performance to hammer Jharkhand by an innings, with the pace-spin duo of Abhay Negi and Mayank Mishra ripping through the opposition lineup on Day 3 to book a Ranji Trophy semifinal berth, in Jamshedpur, on Sunday.
From the 30-Sensex firms, Bharat Electronics surged nearly 9 per cent post its December quarter earnings. Eternal, Bajaj Finance, Power Grid, Trent, Mahindra & Mahindra and UltraTech Cement were the other major gainers. Maruti, Sun Pharma, Infosys and Bharti Airtel were among the other laggards.
Bharat Electronics, Reliance Industries, Mahindra & Mahindra, Larsen & Toubro, InterGlobe Aviation, ICICI Bank and UltraTech Cement were among the other major gainers. Axis Bank, Infosys, Tata Consultancy Services, Trent and Titan were the laggards.
India's leading conglomerates are stepping up investments in real estate, recasting what was once a peripheral activity into a core growth driver. Supported by strong balance sheets, established brands and access to long-term capital, major business houses including Aditya Birla, Tata, Godrej, L&T, Raymond, Wadia, Shapoorji Pallonji, Mahindra and Adani are positioning realty as a strategic pillar within their diversified portfolios.
The voting for the 13th parliamentary elections was held along with a referendum on a complex 84-point reform package.
Benchmark stock indices Sensex and Nifty closed higher on Thursday, helped by a rally in blue-chip Larsen & Toubro and the Economic Survey projecting the GDP growth of 6.8-7.2 per cent for the next fiscal.
It will be an all-American quartet in the last eight at Melbourne as fourth seed Amanda Anisimova beat China's dark horse Wang Xinyu in their fourth round match on Monday.
India Under-19 sealed their place in the semi-finals of the 2026 U-19 World Cup on Sunday, knocking arch-rivals Pakistan out of contention with a disciplined all-round performance at the Queens Sports Club in Bulawayo.
Australian pair of Olivia Gadecki and John Peers became the first duo in 37 years to defend Australian Open mixed doubles crown on Friday.
'Once demographic fear becomes campaign language, it legitimises social targeting.'
'In the last one year, we have added more than Rs 1.7 trillion, and we are on track.'
Dhakshineswar Suresh wins fifth rubber against Guy De Oden to lead India to 3-2 win over higher-ranked Netherlands in Davis Cup Qualifiers.
'Marathi-speaking people of Mumbai have now emerged as a consolidated vote bank standing firmly behind the Thackerays.'
IMAGES from the ICC 2026 T20 World Cup match played between England and Nepal in Mumbai on Sunday
Shares of information technology (IT) companies were in demand on Friday, with the National Stock Exchange's (NSE's) Nifty IT index rallying 3.3 per cent on . This came after Infosys reported steady sequential growth, driven by health care boost and large deal rampup in a seasonally weak quarter (Q3FY26).
Neal Skupski and Christian Harrison won the Australian Open men's doubles crown, defeating Aussie wildcards Jason Kubler and Marc Polmans in straight sets in their first Grand Slam together.
The Congress party experienced a significant decline in the Brihanmumbai Municipal Corporation (BMC) elections, winning a mere 15 seats out of 227. Analysts attribute the poor performance to strategic missteps, infighting, and a failure to connect with voters amidst linguistic and religious polarization.
Two-wheeler (2W) major Bajaj Auto on Friday posted its highest ever quarterly revenue and profit during the third quarter of 2025-26 (Q3FY26). Bajaj Auto's consolidated net profit for the quarter grew by 25 per cent year-on-year (Y-o-Y) to Rs 2,749 crore, with the revenue also growing 23 per cent to Rs 16,204 crore.
Budget 2026 sticks to fiscal discipline, shuns populist measures despite five key state elections coming up, but ends up rattling stock markets with a higher transaction tax on derivatives trading.
Sometimes, the most powerful Budgets whisper and the wisest investors listen, notes Ramalingam Kalirajan.
IT services major Infosys on Wednesday reported a 2.2 per cent decline in consolidated net profit to Rs 6,654 crore in the October-December quarter of FY26. The Bengaluru-headquartered firm had registered a net profit (attributable to owners of the company) of Rs 6,806 crore in the year-ago period.
'For the first time in a hundred years, the army has been taken out of the political equation. And for the first time ever, there is only one man who calls the shots. Not even Mao had this kind of power.'
IT services major Wipro on Friday reported a 7 per cent decline in consolidated net profit to Rs 3,119 crore in the third quarter of FY26, weighed by a one-time provisional impact of Rs 302.8 crore due to the implementation of new Labour Codes.
Following a hung result in the Chandrapur Municipal Corporation elections, both the Congress and BJP are claiming they will secure the Mayor's position. Congress emerged as the single largest party, but the BJP claims to have support from Congress corporators.
'This Budget has a one-year agenda, which you can call the sprint, and the marathon is towards Viksit Bharat.'
Among its 27 recommendations for the Union Budget is this: It has suggested that equity investments held for more than one year and up to three years should be taxed at 12.5 per cent on gains exceeding 2 lakh in a financial year.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances