HAL's order book amounts to Rs 2.45 trillion by end of Q2FY26, implying a book-to-bill ratio of 32 times based on FY25 revenue.
Diversified conglomerate General Electric has posted a 47 per cent decline in profit for the second quarter at $2.67 billion, as the global financial turmoil took a severe toll on the firm's financial and other business.
Days before Diwali, the monthly economic review by the finance ministry has highlighted moderation in urban demand, softening consumer sentiments and limited footfall as areas that need to be watched. In its review, released on Monday, the ministry also noted the early signs of artificial intelligence displacing workers, as described in anecdotal reports. The commentary from several large consumer goods companies, including Nestl India, Hindustan Unilever, and ITC, in their recent quarterly earnings, has been around a sluggish urban demand. Rural consumption, however, has mostly seen a revival, the companies pointed out.
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