News for 'FY'

Ficci manufacturing index at all-time high in Q3

Ficci manufacturing index at all-time high in Q3

Rediff.com21 Jan 2026

The quarterly manufacturing index by the industry body Federation of Indian Chambers of Commerce & Industry (Ficci) rose to an all-time high in the third quarter of financial year 2025-26 (Q3FY26), with 91 per cent of respondents reporting either higher or same production levels, against 87 per cent in the previous quarter.

PSBs' staff count rises for 1st time in 5 years

PSBs' staff count rises for 1st time in 5 years

Rediff.com31 Dec 2025

Public sector banks' (PSBs') employee count grew for the first time in five years while private sector banks' staff strength saw a decline in 2024-25 (FY25), according to latest data released by the Reserve Bank of India (RBI). The employee count of state-owned lenders rose 0.22 per cent year-on-year (Y-o-Y) to 757,641 at the end of March 31, 2025 from 756,015 in FY24.

Public Cloud Service Drives Oracle India's Double-Digit Run

Public Cloud Service Drives Oracle India's Double-Digit Run

Rediff.com18 Feb 2026

'India is often skipping legacy cycles and moving directly to advanced AI-driven operations.'

'With Double Deflation, We May Be Mixing Apples And Oranges In GDP'

'With Double Deflation, We May Be Mixing Apples And Oranges In GDP'

Rediff.com2 Mar 2026

'My concern is that, although everything is expressed in monetary terms, you are effectively combining values that have been adjusted using different price measures.'

India's Billionaire Club Contracts In 2025

India's Billionaire Club Contracts In 2025

Rediff.com22 Jan 2026

The aggregate net worth of the country's 176 dollar billionaires dropped to $984.2 billion during 2025, down from a record $1,036.2 billion at the end of December 2024.

'LIC sets sights on sustained 60% plus market share'

'LIC sets sights on sustained 60% plus market share'

Rediff.com26 Feb 2026

'LIC will reduce but not fully exit its stake in IDBI Bank, which remains an important bancassurance partner,' says LIC of India' MD and CEO R Doraiswamy.

Industry confidence hits five-qtr high in Oct-Dec: CII survey

Industry confidence hits five-qtr high in Oct-Dec: CII survey

Rediff.com19 Jan 2026

Business confidence in India Inc rose to a five-quarter high in December quarter of FY26, amid further reform expectations and steady domestic demand, a survey by industry body Confederation of Indian Industry (CII) showed. The CII Business Confidence Index (BCI) rose for the third consecutive quarter to 66.5 in the December quarter from 66 in the preceding September quarter.

Can This Budget Deliver Strategic Growth and Jobs?

Can This Budget Deliver Strategic Growth and Jobs?

Rediff.com31 Jan 2026

India is growing fast, but to keep growing strong, the government must make more things at home, create jobs, and spend money wisely, suggests Rajiv Memani, regional managing partner, Africa-India Region, EY.

Soft hiring trends keep Info Edge on back foot

Soft hiring trends keep Info Edge on back foot

Rediff.com3 Feb 2026

Weakness in the information technology (IT) sector hiring has weighed on Info Edge (India) over the past year, leading to a 13 per cent correction in the stock during this period. While the company's 2025-26 (FY26) third-quarter (October-December/Q3) performance showed a marginal improvement, brokerages believe the IT hiring outlook remains weak due to macroeconomic uncertainty in the US.

RBI to roll out risk-based premium model for deposit insurance

RBI to roll out risk-based premium model for deposit insurance

Rediff.com10 Feb 2026

The RBI will now charge banks different deposit insurance fees based on how risky they are, allowing safer banks to pay less premium.

India Inc growth stuck in slow lane; core earnings shrink in Q1FY26

India Inc growth stuck in slow lane; core earnings shrink in Q1FY26

Rediff.com25 Aug 2025

The more things change, the more they remain the same for corporate India. In the April-June 2025 period (Q1FY26) - for the ninth consecutive quarter - listed companies witnessed only single-digit revenue growth, while their core earnings, excluding other income and one-time gains, contracted for the second time in four quarters. This comes as firms brace for the impact of 50 per cent US tariff on Indian goods.

Bajaj Finance to Muthoot Finance: NBFCs outpace banks once again

Bajaj Finance to Muthoot Finance: NBFCs outpace banks once again

Rediff.com16 Dec 2025

Non-banking financial companies (NBFCs) such as Bajaj Finance, Shriram Finance, Muthoot Finance, and IIFL Finance have regained their growth momentum after losing market share to banks in the post-Covid period. The growth surge is being led by diversified lenders and gold-loan companies while development-finance institutions such as Power Finance Corporation (PFC), REC, and Housing & Urban Development Corporation (Hudco) continue to grow at a slower pace.

ITC stock downgraded after excise duty hike

ITC stock downgraded after excise duty hike

Rediff.com3 Jan 2026

Analysts have sharply reduced cigarette maker ITC's earning estimates for the next two years, fearing a significant dent in the company's profitability and margins. This is owing to a steep hike in excise duty on tobacco by the government.

New labour codes drag HCLTech Q3 profit to Rs 4,076 crore

New labour codes drag HCLTech Q3 profit to Rs 4,076 crore

Rediff.com12 Jan 2026

IT services firm HCLTech on Monday reported a 11.2 per cent decline in consolidated net profit to Rs 4,076 crore in the October-December quarter of FY26.

BSE Smallcap index hits 8-month low

BSE Smallcap index hits 8-month low

Rediff.com21 Jan 2026

The BSE Smallcap index hit an over eight-month low of 47,627.96, falling 3 per cent in Tuesday's intraday trade amid selling pressure due to ongoing tariff-related concerns and rising geopolitical tensions.

Railways gets record Rs 2.78 lakh cr capex; focus on new lines, safety

Railways gets record Rs 2.78 lakh cr capex; focus on new lines, safety

Rediff.com1 Feb 2026

The Budget allocation includes the construction of new lines and the purchase of locomotives, wagons, and coaches, among other works.

How stock markets will fare on this Budget Day

How stock markets will fare on this Budget Day

Rediff.com1 Feb 2026

Bharat Electronics, Power Grid, NTPC and HDFC Bank were among the other major gainers. However, Infosys, Tata Steel, Eternal and Tech Mahindra were among the laggards.

Buying Online May Soon Be As Simple As Looking At Your Phone

Buying Online May Soon Be As Simple As Looking At Your Phone

Rediff.com25 Feb 2026

Mastercard and Visa are introducing passkeys that will allow users to authenticate card payments with face scans or fingerprints, eliminating the need for one-time passwords (OTPs).

Sensex rises 222 points helped by rally in L&T

Sensex rises 222 points helped by rally in L&T

Rediff.com29 Jan 2026

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.

'Money Comes Only When Markets Do Well'

'Money Comes Only When Markets Do Well'

Rediff.com4 Feb 2026

'Given that India underperformed emerging markets by 28 per cent in 2025, the worst performance in over 30 years, the timing of the sharp STT hike could have been better.'

Brokerages divided on Coforge-Encora deal

Brokerages divided on Coforge-Encora deal

Rediff.com30 Dec 2025

Coforge's planned $2.35 billion all-stock acquisition of US-based Encora has divided the Street, with a few brokerages terming it a "strategically positive" but execution-heavy bet while others raising valuation concerns.

India's GDP to grow 6.7-6.9% in FY26: Deloitte

India's GDP to grow 6.7-6.9% in FY26: Deloitte

Rediff.com23 Oct 2025

Deloitte India on Thursday projected India's economy to grow 6.7-6.9 per cent in the current fiscal amid buoyant demand and policy reforms. Indian economy grew 7.8 per cent in the April-June quarter of current fiscal.

Analysts see further gains in LIC post strong Q1FY26 performance

Analysts see further gains in LIC post strong Q1FY26 performance

Rediff.com16 Aug 2025

Life Insurance Corporation of India (LIC) reported encouraging results for the April-June quarter (Q1) of FY26. The net premium income of India's largest life insurer was Rs 1.2 trillion, up 5 per cent year-on-year (Y-o-Y), in Q1. Renewal premium grew 6 per cent Y-o-Y to Rs 59,900 crore, while first-year and single premium grew 1 per cent and 4 per cent Y-o-Y respectively to Rs 7,500 crore and Rs 51,900 crore.

IDFC First Bank cuts savings account rates, introduces new balance slabs

IDFC First Bank cuts savings account rates, introduces new balance slabs

Rediff.com9 Jan 2026

Private sector lender IDFC First Bank has lowered its savings account rates and introduced new slabs for small and medium balance categories, effective January 9, 2025, as per its website. The interest slabs and rates for higher balance accounts remain unchanged. Despite the revision, the bank continues to offer one of the highest savings account interest rates in the industry among mid-sized banks.

FY26 may be another slow year for IT firms

FY26 may be another slow year for IT firms

Rediff.com1 Aug 2025

The information technology (IT) services industry may be headed for another year of sluggish growth. Based on the results of the top five IT services companies for the first quarter of 2025-26 (Q1FY26), analysts say the possibility of hitting high single-digit revenue growth in FY26 looks unlikely.

Why gold loan book has doubled in 2 years

Why gold loan book has doubled in 2 years

Rediff.com28 Jan 2026

The gold loan portfolio across the system has nearly doubled to Rs 15.6 lakh crore in two years to November 2025, as a spike in prices of the precious commodity encouraged lenders to increase their exposures to the safer segment, a report said on Wednesday.

Volume, margin concerns likely to weigh on beer maker United Breweries

Volume, margin concerns likely to weigh on beer maker United Breweries

Rediff.com27 Dec 2025

The stock of the country's largest beer maker, United Breweries (UBBL), is trading at 25-month lows given multiple headwinds related to volumes, regulatory issues, and margin trajectory. After a muted second quarter (July-September) of 2025-26 (Q2FY26), brokerages also expect the company's Q3FY26 performance to be underwhelming.

Steel prices hiked again amid rising exports

Steel prices hiked again amid rising exports

Rediff.com19 Jan 2026

The imposition of safeguard duty, an uptick in exports, and an increase in input cost are driving steel prices higher. The latest round of price increase took place on Friday, with some steel mills increasing hot-rolled coil (HRC) prices by ~500-750 a tonne, according to price reporting and market intelligence firm BigMint. HRC is a benchmark for flat steel.

India-EU pact weaves new hope into $100 bn textile export dream

India-EU pact weaves new hope into $100 bn textile export dream

Rediff.com4 Feb 2026

The proposed trade deal with the 27-nation European Union (EU) is expected to provide zero-duty access to the $95 billion European market for Indian textile and apparel manufacturers. Currently, India's share of the European market is just 6 per cent, or $5.5 billion.

Value over volume for jewellery growth in H2

Value over volume for jewellery growth in H2

Rediff.com9 Jan 2026

Jewellery makers are set to post strong revenue growth in the 2025-26 (FY26) October-December quarter (Q3), supported by a robust wedding season and rising value growth, even as volumes decline.

HUL Q3 profit up two-fold to Rs 6,603 cr

HUL Q3 profit up two-fold to Rs 6,603 cr

Rediff.com12 Feb 2026

FMCG major Hindustan Unilever Ltd (HUL) on Thursday reported a two-fold jump in consolidated net profit to Rs 6,603 crore in the December quarter of FY'26, on a year-on-year basis, driven by a one-off positive impact from the demerger of its ice cream business.

HCLTech profit flat at Rs 4,235 cr, revenue rises 10.7% in Q2FY26

HCLTech profit flat at Rs 4,235 cr, revenue rises 10.7% in Q2FY26

Rediff.com14 Oct 2025

HCLTech reported flat net income of Rs 4,235 crore in the second quarter of 2025-26 (Q2FY26) compared to last year, even as its revenue was up 10.7 per cent to Rs 31,492 crore helped by financial services and technology business verticals.

Vi gets a decade to breathe easy on AGR dues; DoT to reassess liabilities

Vi gets a decade to breathe easy on AGR dues; DoT to reassess liabilities

Rediff.com10 Jan 2026

India's third-largest telecom operator Vodafone Idea (Vi) has secured a 10-year breather on adjusted gross revenue (AGR) payments from the Department of Telecommunications (DoT). This is expected to ease pressure on its balance sheet and enable the company to raise bank debt for capital expenditure.

SBI reports all-time high standalone profit of Rs 21,028 cr in Q3

SBI reports all-time high standalone profit of Rs 21,028 cr in Q3

Rediff.com7 Feb 2026

State Bank of India on Saturday reported an all-time high profit of Rs 21,028 crore in December quarter FY26 on a standalone basis.

HCLTech counts on M&As to add 1.5% to revenue

HCLTech counts on M&As to add 1.5% to revenue

Rediff.com14 Jan 2026

HCLTech expects its recent large acquisitions to contribute about 1.5 per cent to revenue in 2026-27 (FY27), Chief Executive Officer and Managing Director C Vijayakumar said, as the company looks to build newer revenue streams in a subdued macroeconomic environment.

'Koi mai ka laal...': FM's strong retort to Rahul's 'sold India' remark

'Koi mai ka laal...': FM's strong retort to Rahul's 'sold India' remark

Rediff.com11 Feb 2026

Finance Minister Nirmala Sitharaman launched a strong attack on Rahul Gandhi and the Congress party, accusing them of compromising India's interests on the world stage and selling out farmers and the poor during their time in power.

India-US trade deal: How India protects its agriculture, dairy sectors

India-US trade deal: How India protects its agriculture, dairy sectors

Rediff.com4 Feb 2026

India has completely protected the interests of its agriculture and dairy sector in the India-US trade agreement.

India second-most preferred investment destination for CEOs: PwC survey

India second-most preferred investment destination for CEOs: PwC survey

Rediff.com21 Jan 2026

India is the second-most-preferred destination among chief executive officers planning international investments - up from the fifth spot last year, according to PwC's 29th Annual Global CEO Survey released on Tuesday. The United States is their first choice.

Skoda Eyes Cleaner Fuel Options as Kylaq Drives New Buyers

Skoda Eyes Cleaner Fuel Options as Kylaq Drives New Buyers

Rediff.com23 Feb 2026

Skoda India is focusing on cleaner fuel options, including CNG and EVs, while compact SUV Kylaq drives volumes, expands first-time buyers and strengthens the brand in India's competitive market

India's Nuclear Power Push: Big Goals, Slow Build

India's Nuclear Power Push: Big Goals, Slow Build

Rediff.com16 Dec 2025

India's nuclear energy share in total installed capacity remains limited, fluctuating between 1.9 per cent and 2.9 per cent from FY10 to FY24.