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RIL fires on all cylinders, net profit jumps 27% to ₹17,394 crore in Q2

Billionaire Mukesh Ambani-led Reliance Industries reported a robust 27% year-on-year jump in its ne…

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1 min read

Adani Ports & SEZ's Q3 profit rises 65% to ₹2,208 crore

Adani Ports and Special Economic Zone (APSEZ) on Thursday reported 65.22 per cent rise in consolida…

PTI   


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Despite budget provisions, residential housing market will see sales growth, notes recent report by Knight Frank

A notable 24% expect stability, while 25% predict a potential decrease, reflecting a balanced yet c…

ANI   


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Banks to drive earnings growth in Q4 while IT services to report muted numbers

Banks are expected to report a healthy credit growth in the January to March quarter driven by trac…

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Indian stock indices steady ahead of Q3 GDP data release

Indian stock indices were steady Thursday morning, with investors bracing for October-December quar…

ANI   


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Indian economy likely to grow at 7-7.2 percent in FY25,Deloitte India says

Deloitte India forecasted a 7-7.2% growth rate for the Indian economy this fiscal year, citing stro…

PTI   


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5 mins read

Indian smartphone market sees a declines in Q2; Vivo in the lead

The Indian smartphone market reported a decline of 3% in Q2 2023, and the shipments in the first si…

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Blue is the next green: Bonds financing water conservation projects are approaching a 'tipping point'

The blue bond market is small, just about $5 billion today, but it's seeing more enthusiasm than gr…

Aruni Soni   


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10 mins read

PSU banks’ robust Q2 performance ring in analyst upgrades – Rising rivalry for deposits a concern in the medium term

Public sector banks’ strong performance in Q2 has resulted in earnings and target price upgrades fr…

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1 min read

CBDT notifies ITR forms for assessment year 2023-24

The Central Board of Direct Taxes (CBDT) has notified income-tax return forms (ITR forms) for the a…

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7 mins read

April Auto Sales: Maruti Suzuki flags decline in bookings in April, electric two-wheelers lose momentum due to FAME-II irregularities

India’s largest car maker Maruti Suzuki sounded a note of caution for the automobile sector stating…

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7 mins read

IPO gold rush: All but 4 IPOs in FY24 gave positive returns on listing

With the exception of four companies, every other IPO listed in this financial year gave positive l…

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2 mins read

Govt may not announce capital infusion for PSU banks in Budget 2023-24

The government last provided capital support to banks in 2021-22. It had earmarked Rs 20,000 crore …

PTI   


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4 mins read

BPCL swings to profit of ₹10,644 cr in Q1 aided by freeze on retail selling prices

The consolidated net profit of ₹ 10,644.30 crore in April-June (first quarter of current 2023-24 fi…

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Office space supply up 6% in April-June 2023 led by Hyderabad, Bengaluru & Chennai: CBRE report

At the pan-India level during the April-June 2023 period, office space supply grew by 6 % and Hyder…

PTI   


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Foreign investors continue to bet big on banks and nibbling on small and mid cap stocks

The shareholding pattern of NSE500 stocks has witnessed significant changes in recent months, with …

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4 mins read

Indian economy projected to grow between 6-6.8% in FY24; private capex necessary for job creation: Economic Survey 2023

The pre-budget Economic Survey 2023 released on Tuesday projects India’s gross domestic product (GD…

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Auto and BFSI seen driving India Inc’s earnings growth this financial year

India’s top listed companies’ March-quarter earnings largely met analyst expectations, driven by st…

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2 mins read

D-Street debuts rake in $1.77 bn in Q3; momentum to continue till general elections

The buzzing Indian initial public offer (IPO) market is the best globally, says a report by Ernst &…

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5 mins read

Nifty, Sensex now at 'reasonable valuations' but midcaps, small caps and financials still have some juice left

After outperforming their global peers in 2022, valuations of Indian equity markets have now correc…