News for 'FY26'

74% rural households expect income growth in 1 yr: Survey

74% rural households expect income growth in 1 yr: Survey

Rediff.com18 Jun 2025

Around 74 per cent rural households expect their incomes to increase in the next one year, according to a bimonthly survey conducted by the National Bank for Agriculture and Rural Development (Nabard) in May 2025. The percentage recorded was 72 in March.

Why Unlisted NSE Shares Are Seeing A Surge

Why Unlisted NSE Shares Are Seeing A Surge

Rediff.com9 Jun 2025

The surge in the market price is also attributed to demand by retail and high-networth individual investors ahead of the IPO.

'Auto industry has resilience to tackle rare earth issue'

'Auto industry has resilience to tackle rare earth issue'

Rediff.com27 Jun 2025

'The government is actively engaging with EU to ensure that concerns of Indian companies and hard-to-abate sectors are adequately addressed under CBAM'

Adani Ports, JSW Infra make logistics anchor for cargo growth plans

Adani Ports, JSW Infra make logistics anchor for cargo growth plans

Rediff.com24 May 2025

Adani Ports and JSW Infrastructure, India's leading private port operators, are expanding their logistics services to capture extra cargo while they run integrated transport services. "With incrementally less availability of lucrative port assets that can drive cargo volumes, port operators have naturally shifted their focus on deriving value in the upstream integration, i.e., the logistics space.

Extreme poverty in India falls by over 21%: World Bank

Extreme poverty in India falls by over 21%: World Bank

Rediff.com7 Jun 2025

India's extreme poverty rate declined sharply to 5.3 per cent over a decade from 27.1 per cent in 2011-12 even as the World Bank revised upwards its threshold poverty line to $3 per day.

Sensex climbs 70 points on foreign fund inflows

Sensex climbs 70 points on foreign fund inflows

Rediff.com29 Apr 2025

From the Sensex firms, Reliance Industries, Tech Mahindra, Eternal, HCL Tech, Infosys, IndusInd Bank, Tata Consultancy Services and Bajaj Finserv were the biggest gainers. In contrast, UltraTech Cement, Sun Pharma, Power Grid, NTPC, Kotak Mahindra Bank and Mahindra & Mahindra were among the laggards.

Private Hospitals to Add 34,000 Beds by FY29

Private Hospitals to Add 34,000 Beds by FY29

Rediff.com17 Apr 2025

Leading chains plan Rs 40K crore infra revival to close capacity gap over next 3-5 years

TaMo in driver's seat to combat headwinds

TaMo in driver's seat to combat headwinds

Rediff.com20 Mar 2025

Automobile giant Tata Motors' shares were in demand on Wednesday as the stock rallied as much as 3.69 per cent to hit an intraday high of Rs 671.80 per share, before settling 3.18 per cent higher at Rs 668.45. By comparison, the BSE Sensex settled 0.10 per cent, or 72.56 points, lower at 74,029.76.

IT stocks bleed: Nifty IT at 9-mth low

IT stocks bleed: Nifty IT at 9-mth low

Rediff.com13 Mar 2025

Information technology (IT) stocks ended at their lowest in nearly nine months after a fresh bout of selling, triggered by concerns over a recession in the US, the key market for domestic software exporters. A report by Morgan Stanley citing risks to growth also weighed on sentiment.

Highlights of RBI's monetary policy

Highlights of RBI's monetary policy

Rediff.com7 Feb 2025

The Reserve Bank of India (RBI) on Friday cut the repo rate by 25 basis points to 6.25 percent, marking the first reduction in five years. The central bank also projected GDP growth for fiscal year 2026 at 6.7 percent and inflation to come down to 4.2 percent in FY26 from 4.8 percent in FY25. The RBI said the global economic backdrop remains challenging but the Indian economy continues to remain strong and resilient.

Adani Group to invest $5-20 bn over next 5 years

Adani Group to invest $5-20 bn over next 5 years

Rediff.com24 Jun 2025

The Adani Group plans to invest a record $15-20 billion across businesses over the next five years to chart out the next phase of growth, chairman Gautam Adani said on Tuesday as he touted the conglomerate's strong balance sheet and robust business to shrug off relentless scrutiny it faces. Record earnings from the businesses ranging from seaports to airports, renewable energy parks to data centres, cement to gas and electricity has built India's largest infrastructure group that not only exists just to serve the markets but to serve the nation's destiny, he said.

India 4th largest economy? Not yet but soon, says NITI member

India 4th largest economy? Not yet but soon, says NITI member

Rediff.com26 May 2025

NITI Aayog member Arvind Virmani on Monday said India is set to become the fourth largest economy in the world by the end of 2025, an assertion which came days after NITI CEO BVR Subrahmanyam claimed India has already overtaken Japan to reach that spot. The International Monetary Fund (IMF), in its World Economic Outlook (WEO) report released in April had said that India is expected to be the fourth largest economy in the world with a GDP of $4.19 trillion in 2025, ahead of Japan.

Operation Sindoor casts shadow on car sales in May

Operation Sindoor casts shadow on car sales in May

Rediff.com9 Jun 2025

Fada estimates that global supply chain headwinds like scarce availability of rare earth elements for electric vehicle components and geopolitical tensions may affect urban consumer sentiment in June as well.

'Bank Of Baroda Is Well Capitalised'

'Bank Of Baroda Is Well Capitalised'

Rediff.com24 May 2025

'Bank has enabling provision to raise capital up to Rs 7,500 crore over a longer period of time.'

Govt to operationalise Rs 1-trillion innovation fund in next 3 months

Govt to operationalise Rs 1-trillion innovation fund in next 3 months

Rediff.com29 May 2025

The Rs 1-trillion Research Development and Innovation (RDI) fund, which was announced in the July budget for FY25, of which Rs 20,000 crore has already been allocated, will be operationalised in the next two to three months, a top official said.

Q4 profit dip prompts analysts to cut TCS' target price

Q4 profit dip prompts analysts to cut TCS' target price

Rediff.com13 Apr 2025

Shares of Tata Consultancy Services (TCS) declined after the information technology (IT) major reported a 1.3 per cent sequential drop in net profit for the March quarter, prompting several brokerages to cut their target prices. The TCS stock fell as much as 1.26 per cent during the day to Rs 3,205 per share.

'India is a land of opportunities'

'India is a land of opportunities'

Rediff.com13 May 2025

'We've maintained that India is a high-penetration game. It's not only a premiumisation game.'

10 Stocks That Soared While Market Sank

10 Stocks That Soared While Market Sank

Rediff.com24 Mar 2025

The stocks are largely from sectors such as chemicals, finance and cement, which struggled earlier but the worse seems to be behind them.

'AI is playing critical role in LTIMindtree success'

'AI is playing critical role in LTIMindtree success'

Rediff.com2 Feb 2025

'Our AI strategy -- AI in Everything, Everything for AI, and AI for Everyone -- is now in action.'

Domestic steel prices rise but looming global trade war sparks concerns

Domestic steel prices rise but looming global trade war sparks concerns

Rediff.com19 Mar 2025

Domestic steel prices have seen an increase over the past couple of months in anticipation of a safeguard duty, but a looming global trade war is likely to weigh as threat of import rises and prospect of export flounders. Data from BigMint showed that in March 2025, hot rolled coil (HRC) prices ex-Mumbai increased by Rs 600 per tonne month-on-month (M-o-M), rising from Rs 48,400 per tonne in February to Rs 49,000 per tonne.

Dabur is one of the FMCG majors which may be hard hit

Dabur is one of the FMCG majors which may be hard hit

Rediff.com11 Apr 2025

The fast-moving consumer goods (FMCG) sector is likely to report muted results in the fourth quarter of 2024-25 (Q4FY25) due to weakness in urban consumption. The weakness may persist through the first half of 2025-26 (H1FY26).

Hero expects EV biz to break even with 30K monthly sales

Hero expects EV biz to break even with 30K monthly sales

Rediff.com15 May 2025

Hero MotoCorp is expecting its electric vehicle (EV) business to break even once it reaches monthly sales volumes of 25,000 to 30,000 units, which is a couple of years away, Chief Financial Officer (CFO) Vivek Anand said on Tuesday. "This year, in 2024-25 (FY25), if I really look at my EV performance, our volumes have grown by 200 per cent," Anand told analysts during the company's post-results conference call.

India-Pak hostilities heighten credit risks for both nations: S&P

India-Pak hostilities heighten credit risks for both nations: S&P

Rediff.com8 May 2025

S&P Global Ratings on Thursday said the hostilities between India and Pakistan heighten risks to the credit metrics of both countries, and any escalation in clashes would put downward pressure on sovereign credit support.

IndiGo cleared for takeoff on strong demand winds

IndiGo cleared for takeoff on strong demand winds

Rediff.com4 Feb 2025

Propelled by strong demand and lower costs, the country's largest airline, InterGlobe Aviation (IndiGo), reported solid operational performance in the 2024-25 (FY25) October-December quarter (Q3). While demand was driven by the festival season, year-end increase, and higher consumer spending, lower fuel and rental costs helped deliver a beat at the operating profit level.

US Tariffs May Prompt RBI Rate Cut: Economists

US Tariffs May Prompt RBI Rate Cut: Economists

Rediff.com8 Apr 2025

'A repo cut will be very good for the market as it will mean that everything is being done to spur growth in these uncertain times.'

FPIs turn net buyers; inject Rs 8,500-cr in the week

FPIs turn net buyers; inject Rs 8,500-cr in the week

Rediff.com20 Apr 2025

Foreign investors have infused nearly Rs 8,500 crore in the country's equity markets last week, after a phase of heavy outflows earlier in the month, supported by renewed investor confidence, resilient domestic economy and relative insulation from global trade disruptions. During the holiday-truncated week ended April 18, Foreign Portfolio Investors (FPIs) made a net investment of Rs 8,472 crore in equities.

Nifty Bank's valuation still lags Nifty 50's despite recent rally

Nifty Bank's valuation still lags Nifty 50's despite recent rally

Rediff.com7 May 2025

Banks have outperformed the broader market in the past six months and most of the leading lenders have given positive returns to investors compared to a negative return delivered by benchmark indices.

Sensex surges 1310 points as US suspends additional 26% tariffs on India till July 9

Sensex surges 1310 points as US suspends additional 26% tariffs on India till July 9

Rediff.com11 Apr 2025

From the Sensex firms, Tata Steel, Power Grid, NTPC, Kotak Mahindra Bank, Reliance Industries and Adani Ports were among the biggest gainers. Asian Paints and Tata Consultancy Services were the only laggards.

Tariffs, earnings key for FII flows after Rs 1.54 trillion pullout in FY25

Tariffs, earnings key for FII flows after Rs 1.54 trillion pullout in FY25

Rediff.com25 Mar 2025

Global funds have pulled out Rs 1.54 trillion from domestic stocks in fiscal 2024 - 25 (FY25), the highest-ever outflow recorded so far, according to the data compiled by Business Standard. The last time the global funds exited Indian shores in droves was back in 2022, when they sold a net Rs 1.41 in the backdrop of Covid-19.

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

L&T Q4 net profit jumps 25% to Rs 5,497 crore, beats Street estimates

Rediff.com10 May 2025

Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.

Inflation cools to 6-year low of 3.16% in April

Inflation cools to 6-year low of 3.16% in April

Rediff.com13 May 2025

Retail inflation eased to a nearly six-year low of 3.16 per cent in April mainly due to subdued prices of vegetables, fruits, pulses, and other protein-rich items, creating enough room for the Reserve Bank to go for another round of rate cut in the June monetary policy review. The Consumer Price Index (CPI) based inflation was 3.34 per cent in March and 4.83 per cent in April 2024. It was 3.15 per cent in July 2019.

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com20 Apr 2025

Trading sentiment in the equity market will largely be driven by domestic corporate quarterly earnings, any update related to US tariffs and foreign fund movements this week, analysts said. Investors would also focus on world market trends, movement of global oil benchmark Brent crude and the rupee-dollar trend for further cues, experts noted.

SUVs The Flavour While Small Cars Remain Out of Reach

SUVs The Flavour While Small Cars Remain Out of Reach

Rediff.com29 May 2025

The country's biggest carmaker, Maruti Suzuki India, has raised concerns about the continuing slide in small car sales.

Rs 1 Trillion Welfare Funds Idle in States

Rs 1 Trillion Welfare Funds Idle in States

Rediff.com25 Feb 2025

The Pradhan Mantri Awas Yojana-Grameen has the highest unutilised amount (Rs 13,111 crore) compared to any other centrally sponsored scheme.

'We want to be No. 1 in affordable housing by FY26'

'We want to be No. 1 in affordable housing by FY26'

Rediff.com11 Oct 2023

'This segment has performed very well for us and this is reflected in our bounce rate which is about three to four per cent.'

India Set For Rs 32 Trillion Defence Budget... In 2047

India Set For Rs 32 Trillion Defence Budget... In 2047

Rediff.com2 Jun 2025

'Make-in-India played a key role in India's effective action against terrorism during Operation Sindoor.'

Novelis expects improved outlook in near term, Q4FY25 to outperform Q3

Novelis expects improved outlook in near term, Q4FY25 to outperform Q3

Rediff.com25 Feb 2025

Novelis' Q3FY25 volume stood at 904,000 tonnes (down 1 per cent Y-o-Y, down 4 per cent Q-o-Q), due to lower VAP and automotive shipments. Revenue stood at $4.1 billion (+4 per cent Y-o-Y, down 5 per cent Q-o-Q).

Private sector banks' credit costs up in Q3FY25 on higher provisions

Private sector banks' credit costs up in Q3FY25 on higher provisions

Rediff.com27 Jan 2025

Private sector banks that announced their earnings for the October-December quarter (Q3) of 2024-25 (FY25) reported a rise in credit costs due to higher provisions, mainly for unsecured retail loans.

Fitch removes Adani Energy from rating watch, first upgrade since US indictment

Fitch removes Adani Energy from rating watch, first upgrade since US indictment

Rediff.com10 Mar 2025

Fitch Ratings has removed energy infrastructure company Adani Energy Solutions Ltd (AESL) from its 'Ratings Watch Negative' list, the first upgrade by an international ratings agency since the US indictment. Fitch affirmed AESL long-term foreign and local-currency issuer default ratings (IDRs) at 'BBB-'.

India's pace of debt reduction leaves room for downside risk

India's pace of debt reduction leaves room for downside risk

Rediff.com3 Feb 2025

Fitch Ratings on Monday said India's pace of debt reduction is gradual, leaving room for a downside risk to sovereign rating in the eventuality of a significant economic shock. However, the rating agency expressed confidence in India's ability to stick to its medium-term fiscal framework, which aims to reduce debt and bring it on a downward trajectory over time.