News for 'FY26'

FMCG firms expect high single-digit growth in Q4FY26

FMCG firms expect high single-digit growth in Q4FY26

Rediff.com4 Apr 2026

Fast-moving consumer goods (FMCG) companies like Dabur India and Marico anticipate high single-digit growth in Q4FY26, driven by strong domestic demand in India, which is helping to offset the negative impact of geopolitical conflicts in West Asia on their international businesses.

RBI Brings Bank Deposits Into CAS

RBI Brings Bank Deposits Into CAS

Rediff.com8 Oct 2026

'We see a lot of cases of bank deposits getting lost, especially when people die, so this will help address that because you have one consolidated view.'

Centre spends 37% of capex target in four months

Centre spends 37% of capex target in four months

Rediff.com1 Sep 2026

The Indian Centre has spent 37 per cent of its ~12.22 trillion capital expenditure target in the first four months of FY27, marking a 30 per cent year-on-year increase, while simultaneously keeping the fiscal deficit under control at 27 per cent of the Budget Estimate.

Axis Bank CEO cautions 'abnormal lending' from FCNR(B) inflows, hints at rate hike

Axis Bank CEO cautions 'abnormal lending' from FCNR(B) inflows, hints at rate hike

Rediff.com10 Sep 2026

Axis Bank MD & CEO Amitabh Chaudhry has cautioned that the surge in FCNR(B) deposits could lead to 'abnormal lending' as banks seek to deploy excess liquidity, while also hinting at a potential interest rate hike in the near future.

CCAvenue Brings Apple Pay To Its Merchant Network

CCAvenue Brings Apple Pay To Its Merchant Network

Rediff.com30 Sep 2026

Apple Pay has officially launched in India, integrating with CCAvenue and partnering with Axis Bank to bring secure and convenient mobile payment solutions to millions of iPhone, iPad, and Apple Watch users across a vast network of merchants.

Jawa, Yezdi Maker Targets 200,000 Capacity By December

Jawa, Yezdi Maker Targets 200,000 Capacity By December

Rediff.com10 Sep 2026

The company has also started scouting for land for a new plant, as it plans manufacturing capacity beyond its immediate volume requirements.

Understanding The Impact Of New UPI Merchant Charges

Understanding The Impact Of New UPI Merchant Charges

Rediff.com2 Oct 2026

UPI transactions saw a 27% volume increase and 20% value increase in the first half of the current fiscal year. Despite a slight moderation in September, the digital payment system is set to implement a 0.4% merchant discount rate on transactions over Rs 2,000, aiming for a sustainable revenue model. Small merchants and person-to-person payments remain exempt, and UPI's global presence continues to expand.

AI Integration To Propel India's ER&D Revenue Beyond USD 100 Billion By 2030

AI Integration To Propel India's ER&D Revenue Beyond USD 100 Billion By 2030

Rediff.com1 Sep 2026

India's Engineering Research and Development (ER&D) sector is projected to exceed USD 100 billion in revenue by 2030, driven significantly by the integration of Artificial Intelligence (AI) into engineering workflows. This growth, highlighted by Nasscom, positions India as a critical global engineering hub, necessitating focus on talent development and strategic partnerships.

Bank credit grows at 16.08% in FY26, deposits rose by 13.47%, fastest since FY24

Bank credit grows at 16.08% in FY26, deposits rose by 13.47%, fastest since FY24

Rediff.com16 Apr 2026

Indian bank credit expanded by 16.08 per cent year-on-year in FY26, marking its fastest pace since FY24, while deposits grew by 13.47 per cent, according to RBI data. Experts caution that year-end figures may be inflated due to reporting date changes, but acknowledge strong momentum in corporate, MSME, and retail segments.

India's Balance of Payments Deficit Expands to $8.1 Billion in Q1FY27

India's Balance of Payments Deficit Expands to $8.1 Billion in Q1FY27

Rediff.com15 Aug 2026

India's balance of payments (BoP) recorded an $8.1 billion deficit in the first quarter of 2026-27 (Q1FY27), a significant increase from a $4.5 billion surplus in the corresponding period of the previous year, primarily driven by a sharp reversal in portfolio flows.

British parentage, Indian ownership: The Royal Enfield Story

British parentage, Indian ownership: The Royal Enfield Story

Rediff.com4 Sep 2026

"When Royal Enfield turned 100, we were struggling for survival"

LIC's top management thins as MD exits, other PSU insurers also face vacancies

LIC's top management thins as MD exits, other PSU insurers also face vacancies

Rediff.com28 Sep 2026

Life Insurance Corporation of India (LIC) is facing a thinning of its top management as Managing Director Dinesh Pant exits to join Irdai, leaving one of four MD posts vacant. This comes amidst broader staffing challenges across several public sector insurers and a headless Financial Services Institutions Bureau (FSIB).

RBI's record $18.65 billion net dollar purchase in July boosts forex reserves

RBI's record $18.65 billion net dollar purchase in July boosts forex reserves

Rediff.com28 Sep 2026

The Reserve Bank of India (RBI) net purchased a record $18.65 billion in July, driven by inflows from its concessional swap facility, leading to a significant increase in India's foreign exchange reserves.

The Big Boom In Gold Loans

The Big Boom In Gold Loans

Rediff.com22 Aug 2026

Gold loans accounted for 41 per cent of retail loan disbursements in FY26, up sharply from 18 per cent in FY23 and 20 per cent in FY24.

Auto cos delivered record 2,96,71,064 units in FY26; 13.3% jump YoY

Auto cos delivered record 2,96,71,064 units in FY26; 13.3% jump YoY

Rediff.com7 Apr 2026

India's auto retail sector achieved record-breaking sales of 2,96,71,064 units in FY26, a 13.3% increase, primarily driven by the implementation of GST 2.0 which reduced the tax burden on mass-segment vehicles, according to the Federation of Automobile Dealers Associations (FADA).

Centre deploys tool to prevent fertiliser shortage

Centre deploys tool to prevent fertiliser shortage

Rediff.com31 Aug 2026

India's fertiliser ministry has introduced a new analytical tool and a national-to-retail dashboard to monitor fertiliser dispatches, movement, and inventories in real time, aiming to prevent localised shortages and ensure equitable access for farmers.

Rights Issues Surge to Multi-Decade High as QIPs Plummet in FY26 Amid Market Volatility

Rights Issues Surge to Multi-Decade High as QIPs Plummet in FY26 Amid Market Volatility

Rediff.com6 Apr 2026

Financial year 2025-26 (FY26) saw a significant shift in corporate fundraising, with rights issues more than doubling to a multi-decade high of 51, raising 44,290 crore, while qualified institutional placements (QIPs) more than halved to 29 issues, mobilising 62,954 crore, driven by sharp equity market corrections and regulatory changes.

Who Should Avoid F&O Trading?

Who Should Avoid F&O Trading?

Rediff.com28 Aug 2026

Futures and options (F&O) trading suits investors with good market knowledge, sufficient risk capital, a tested strategy and strong discipline.

Some give, some take for Indian automakers in EU FTA

Some give, some take for Indian automakers in EU FTA

Rediff.com21 Sep 2026

India-EU FTA opens a bigger European market for Indian carmakers while giving European brands greater access to India.

Premature life policy exits surpass maturity payouts

Premature life policy exits surpass maturity payouts

Rediff.com4 Aug 2026

Premature surrender and withdrawal of life insurance policies in India have surpassed maturity payouts over the past five years, indicating a growing trend of policyholders exiting long-term policies before their full tenure, according to data presented in the Lok Sabha.

Direct Tax Collection Jumps 13% to Rs 12.12 Lakh Crore on Strong Advance Tax

Direct Tax Collection Jumps 13% to Rs 12.12 Lakh Crore on Strong Advance Tax

Rediff.com18 Sep 2026

India's net direct tax collection has surged by 13 per cent to over Rs 12.12 lakh crore by September 17 in the current fiscal year, driven by a significant increase in advance tax payments from corporates, according to CBDT data.

India's Top Developers Target Rs 1.8 Trillion in Presales by FY27 Amidst Market Resilience

India's Top Developers Target Rs 1.8 Trillion in Presales by FY27 Amidst Market Resilience

Rediff.com13 Aug 2026

India's top 11 listed real estate developers are projected to achieve combined presales of 1.82 trillion by FY27, a significant increase from 1.49 trillion in FY26, demonstrating sustained sales momentum despite market challenges.

Is koda-VW Finally Bring a Mass-Market EV to India?

Is koda-VW Finally Bring a Mass-Market EV to India?

Rediff.com15 Sep 2026

koda Auto Volkswagen India is actively exploring various approaches to penetrate India's burgeoning electric vehicle (EV) market, including importing global models, local assembly, and developing highly localised products, as EV penetration is expected to reach 17-18% by the end of the decade.

Maruti Suzuki to invest Rs 77,500 crore by FY31 for expansion, new models

Maruti Suzuki to invest Rs 77,500 crore by FY31 for expansion, new models

Rediff.com31 Aug 2026

Maruti Suzuki India has significantly increased its capital expenditure (capex) outlay to Rs 77,500 crore for the five-year period ending FY31, aiming to boost capacity, develop new models, and enhance R&D, as announced by MD and CEO Hisashi Takeuchi.

Fitch affirms India's 'BBB-' rating, flags debt and youth unemployment

Fitch affirms India's 'BBB-' rating, flags debt and youth unemployment

Rediff.com12 Aug 2026

Fitch Ratings has affirmed India's sovereign credit rating at 'BBB-' with a stable outlook, acknowledging robust growth prospects and strong external finances. However, the agency highlighted concerns over elevated government debt, lagging structural metrics, and potential fiscal spending pressures due to rising youth unemployment.

How Much Dividend Did Tata Sons Earn Under Chandra?

How Much Dividend Did Tata Sons Earn Under Chandra?

Rediff.com28 Aug 2026

Chandra's tenure also saw a big jump in Tata Sons' other income, such as brand fee from group companies, treasury gains, and other non-recurring income.

India's BoP pressure to remain a challenge, says Chief Economic Advisor

India's BoP pressure to remain a challenge, says Chief Economic Advisor

Rediff.com25 Sep 2026

India's Chief Economic Advisor V Anantha Nageswaran stated that the country's balance of payments (BoP) pressure is expected to remain a continuous challenge due to rising imports, commodity dependence, high global interest rates, and intense competition for capital.

India launches Rs 62,500 crore mobile production scheme to boost local brands

India launches Rs 62,500 crore mobile production scheme to boost local brands

Rediff.com22 Aug 2026

India has launched the ~62,500 crore Mobile Phone Manufacturing Scheme (MPMS) to incentivise domestic production and strengthen Indian mobile phone brands, offering production-linked incentives and additional benefits for local component sourcing.

Hyundai Expects 8-10% H2 Sales Growth, Aims To Outpace PV Industry

Hyundai Expects 8-10% H2 Sales Growth, Aims To Outpace PV Industry

Rediff.com25 Sep 2026

Hyundai Motor India is set to outpace the broader passenger vehicle market, projecting an 8-10 per cent domestic sales growth in H2FY27, fueled by strategic launches of a new mid-size SUV and a dedicated electric vehicle, alongside increased production capacity.

Why RBI Backs UPI MDR For Transactions Over Rs 2,000

Why RBI Backs UPI MDR For Transactions Over Rs 2,000

Rediff.com15 Sep 2026

The Reserve Bank of India (RBI) has endorsed the introduction of a Merchant Discount Rate (MDR) on UPI transactions exceeding Rs 2,000, effective October 15. This move, which levies a 0.4 per cent fee on merchant payments above the threshold, aims to bolster the long-term sustainability and growth of India's digital payments ecosystem. The RBI clarified that person-to-person (P2P) transactions and small person-to-merchant (P2M) payments below Rs 2,000 will remain free for users, ensuring no direct charge on customers.

Government Directs No Charges On Small UPI, RuPay Transactions

Government Directs No Charges On Small UPI, RuPay Transactions

Rediff.com15 Sep 2026

The Indian government has mandated that banks and payment providers cannot levy charges on UPI transactions up to Rs 2,000 or on payments made via RuPay debit cards. This directive follows an amendment to the Payment and Settlement Systems Act, 2007, aiming to sustain and expand the digital payments ecosystem.

Why Is Zepto Cafe Shutting Hundreds of Outlets?

Why Is Zepto Cafe Shutting Hundreds of Outlets?

Rediff.com22 Sep 2026

Zepto is sharply scaling back Zepto Cafe, closing hundreds of outlets and shrinking its menu as it reworks the business.

India to sustain 7% growth in FY27 despite global headwinds: Sitharaman

India to sustain 7% growth in FY27 despite global headwinds: Sitharaman

Rediff.com31 Aug 2026

Finance Minister Nirmala Sitharaman stated that India is likely to sustain economic growth of 7 per cent or more in 2026-27, continuing the pace recorded since the Covid-19 pandemic, despite geopolitical uncertainties and supply-chain disruptions.

India's Freshers Face Tougher Job Market

India's Freshers Face Tougher Job Market

Rediff.com20 Aug 2026

Employers are increasingly prioritising professionals with four to 10 years of experience.

Apple's iPhone 18 Series, Foldable Duo See Significant Price Hikes in India

Apple's iPhone 18 Series, Foldable Duo See Significant Price Hikes in India

Rediff.com11 Sep 2026

Apple's upcoming iPhone 18 lineup is set to cost 20 to 43 per cent more in India, primarily due to rising global memory component costs and a depreciating rupee, while the new foldable iPhone Duo will be priced between Rs 3 lakh and Rs 4.5 lakh, matching the cost of some hatchback cars.

PSBs' Profit Nearly Trebles in Five Years to Record Rs 1.98 Trillion

PSBs' Profit Nearly Trebles in Five Years to Record Rs 1.98 Trillion

Rediff.com29 Jul 2026

India's public sector banks (PSBs) have seen their net profit nearly treble over the past five years, reaching a record Rs 1.98 trillion in FY26, driven by significant improvements in asset quality and sustained lending growth across key economic sectors.

IT Returns FY26: Existing ITR Forms To Stay

IT Returns FY26: Existing ITR Forms To Stay

Rediff.com20 Feb 2026

However, from April 1, 2026, transactional forms such as tax deducted at source statements, remittances, Form 60, and Form 15G/15H would operate under the new simplified framework.

Panel To Decide UPI Charges Above Rs 2,000 For Merchants

Panel To Decide UPI Charges Above Rs 2,000 For Merchants

Rediff.com15 Sep 2026

A high-level committee, including representatives from banks and payment associations, is set to decide on Merchant Discount Rate (MDR) for UPI transactions exceeding Rs 2,000 to merchants. While person-to-person and person-to-merchant transactions up to Rs 2,000 remain free, the move follows a recent amendment to the Payment and Settlement Systems Act, sparking debate and clarification from the Finance Minister that only certain high-value merchant transactions might incur charges.

Shiprocket to use IPO funds for AI push, eyes broader merchant operating system

Shiprocket to use IPO funds for AI push, eyes broader merchant operating system

Rediff.com11 Aug 2026

Shiprocket plans to allocate a significant portion of its IPO proceeds towards artificial intelligence (AI), aiming to evolve its e-commerce enablement platform into a comprehensive operating system for merchants, enabling conversational commands and reducing manual tasks.

Bharti Airtel's Q1 FY27 results beat estimates, driven by strong Arpu and subscriber growth

Bharti Airtel's Q1 FY27 results beat estimates, driven by strong Arpu and subscriber growth

Rediff.com14 Aug 2026

Bharti Airtel's first-quarter (April-June/Q1) performance for 2026-27 (FY27) surpassed estimates across most metrics, fuelled by robust growth in both its India and Africa operations, with significant increases in average revenue per user (Arpu) and subscriber additions.