Early earnings trends for the June quarter showed sluggish revenue and profit growth, excluding a one-time gain reported by Reliance Industries (RIL).According to an ET report, growth momentum has slowed to its lowest in at least nine quarters, largely due to muted performance from key sectors like banking, finance, FMCG, and IT.Among 186 companies that…
Consumer inflation in India is projected to ease to an average of 4% in the current financial year, down from 4.6% in FY25, according to the latest report by Crisil. The rating agency attributed the expected moderation to softer food prices, aided by above-normal monsoon forecasts from the Indian Meteorological Department (IMD), and lower global…
File photo: CII President Rajiv Memani (Picture credit: PTI) The Confederation of Indian Industry (CII) on Thursday projected India’s economic growth to range between 6.4 per cent and 6.7 per cent in the financial year 2025-26, driven largely by strong domestic demand. However, it flagged geopolitical uncertainty and risks to global trade as potential headwinds…
India’s cement industry experienced robust growth in May 2025, with volumes increasing by 9% and prices rising by 8%. ICRA projects continued volume growth of 6-7% for FY26, driven by housing and infrastructure demand. Improved operating margins are expected due to price hikes and favorable cost environment, with lower coal and steady diesel prices. India’s…
Representative image (Picture credit: ANI) Brent crude oil prices are projected to average around $70 per barrel in FY26 despite geopolitical turbulence in the Middle East, according to a report by Emkay Research. The agency said oil markets remain “fundamentally well supplied,” citing rising output from both OPEC+ and non-OPEC+ producers as key factors stabilising…
India’s real GDP growth is expected to exceed 6.5% in FY2025–26, while real Gross Value Added (GVA) growth is likely to surpass 6.3%, according to a new outlook released by rating agency Icra on Tuesday.In its report, the agency cited rural demand, income tax relief, and lower EMIs as key factors that would support economic…
British luxury carmaker Jaguar Land Rover (JLR) sharply lowered its earnings outlook for the next financial year, citing growing uncertainty in the global automotive market and new US tariffs that threaten to disrupt international sales.On Monday, JLR revised its earnings before interest and taxes (EBIT) margin forecast for fiscal 2026 to between 5% and 7%,…
NEW DELHI: The Reserve Bank of India (RBI) may further reduce interest rates following a temporary halt, as additional liquidity might be needed in the latter half of fiscal year 2025-26 (H2 FY26), according to a report “Ionic Wealth” from Angel One, quoted by ANI.The central bank recently lowered its FY26 inflation forecast to 3.7…
India’s life insurance sector kicked off the financial year 2025-26 on a strong note, with a 10.8% jump in new business premium collections during the April-May period, according to data released by the Life Insurance Council on Monday. New business premiums climbed to Rs 52,427 crore in the first two months of the fiscal, up…
United States Citizenship and Immigration Services (USCIS) received 343,981 eligible registrations for Fiscal Year 2026, according to newly released data from USCIS. The registrations are for the 85,000 H-1B visas allowed for a year. The registrations for FY 2026 saw a decline of 27% from 470,342 for FY 2025. Eligible registrations for H-1B visas for…