New Delhi, March 30 India's industrial production grew by 5.2 per cent in February, primarily due to an improvement in manufacturing output, according to official data released on Monday.Factory output, measured in terms of the Index of Industrial Production (IIP), expanded by 2.7 per cent in...
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Mumbai, March 25 AMC Repo Clearing, the operator of the tri-party repo platform, has witnessed a sharp increase in daily trading volumes in FY26, and it is expected to double in 2026-27, a top official has said.The average daily volume in the market, which is mainly used by primary dealers and...
New Delhi, March 17 Godrej Enterprises Group is aiming for up to 20 per cent growth for its energy solutions business, having built a project pipeline of Rs 2,600 crore at the close of FY26, a top company official said on Tuesday.The company is closely monitoring developments related to the...
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The government stated today that the country's services exports continue to show strong growth, with exports reaching over $348 billion during the current financial year (FY), from April to January. Services exports accounted for 10% of the country's GDP in the first half of FY26, highlighting...
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Mumbai, March 2 The profitability of non-banking financial companies (NBFCs) focused on gold loans is expected to remain healthy at 4.25-4.5 per cent in FY26 and FY27, driven by strong loan growth, improved operating leverage, and low credit costs, according to a Crisil Ratings report.The...
Mumbai, March 1 The share of reissuances in total State Development Loan (SDL) borrowings rose to a seven-year high of 18.5 per cent in FY26, reflecting a significant shift by states towards reopening existing securities amid increased financing needs.According to data compiled by
New Delhi, February 25 Vikram Solar and Waaree Energies do not foresee any significant negative or limited impact from the US decision to impose countervailing duties on certain solar products from India.Gyanesh Chaudhary, CMD, Vikram Solar, said, "The recent US preliminary AD/CVD duties...
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New Delhi, February 23 Merchant payments are emerging as the more attractive segment in India's digital payments ecosystem, with Paytm maintaining an edge in revenue intensity and profitability, according to a February 23 report by Bernstein.The brokerage said that merchant acquiring offers...
New Delhi, February 16 ReNew Energy Global Plc (ReNew) announced on Monday that the company's net loss has narrowed to ₹19.8 crore in the fourth quarter of 2025, driven by increasing revenues.The company had reported a net loss of ₹38.79 crore in the October-December period of the preceding...
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New Delhi, February 15 Lenovo India has reported a 7 per cent rise in revenue to Rs 8,145 crore for the third quarter of FY26, driven by broad-based digitization momentum in India, rapid AI adoption, and strong performance across the mobile, PC, and infrastructure business segments.Shailendra...
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New Delhi, February 13 TV Today Network reported a consolidated net loss of Rs 14 lakh for the December quarter of FY26 due to the impact of the new labor codes.The company had reported a net profit of Rs 8.73 crore in the October-December period a year ago, according to a regulatory filing...
Mumbai, February 11 State Bank of India (SBI) became the fourth most valuable listed company by market capitalization on Wednesday, surpassing Tata Consultancy Services after the lender's shares rose over 3 percent following strong December quarter results.The stock gained 3.40 percent to...
New Delhi, February 9 PNC Infratech announced on Monday a decline of approximately 5% year-on-year in its consolidated net profit, reaching Rs 77 crore in the December quarter of FY26, attributing it to lower revenues.The company had reported a net profit of Rs 81 crore in the October-December...