Search For "current financial year"
Despite higher tariffs in August, Indian economy gained momentum in Q2 FY2
Updated : 7 months ago IST
Despite United States imposing higher tariffs on India in August, the Indian economy gained momentum in the second quarter (July-September) of the current financial year, according to the Department of Economic Affairs' (DEA), finance ministry's monthly economic review.
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Domestic consumption expected to cushion India's growth slowdown in H2: SB
Updated : 7 months ago IST
India's economic growth in the second half of the current financial year is expected to remain steady, with strong domestic consumption likely to cushion the slowdown, according to a report by SBI Capital Markets (SBICAPS). The report noted that while global uncertainties and trade tensions
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Direct tax collections rise 2.36% in FY26 so far; Corporate Tax leads grow
Updated : 7 months, 2 weeks ago IST
The gross direct tax collection of the Central government has increased by 2.36 per cent so far in the current financial year (as of October 12, 2025), compared to the same period last year, according to data released by the Income Tax Department.
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Banks likely to report soft Q2 performance amid NIM pressures and higher c
Updated : 7 months, 3 weeks ago IST
As the earnings season for the second quarter of the current financial year is set to begin, banks are expected to report another soft performance, according to a report by Axis Securities.
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Inflation likely to be much lower than RBI projections in FY26 and FY27: S
Updated : 7 months, 3 weeks ago IST
Inflation in the current financial year and the next financial year (FY27) is likely to be much lower than the Reserve Bank of India's (RBI) projections, according to a report released by the State Bank of India (SBI).
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RBI revised CPI inflation downwards to 2.6% for FY26 from earlier projecti
Updated : 7 months, 3 weeks ago IST
The Reserve Bank of India (RBI) on Wednesday revised its inflation target for the current financial year to 2.6 per cent, marking a significant moderation from earlier projections.
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Government's H2FY26 borrowing outlook shows focus on stability and lower c
Updated : 7 months, 3 weeks ago IST
The central government's latest borrowing outlook for the second half of current financial year (H2FY26) showed that while the government continues to borrow heavily to meet expenditure needs, it is also taking steps to keep costs stable and spreads manageable, highlighted a report by Bank o
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Jindal Steel Commissions New 3 MTPA Basic Oxygen Furnace at Angul, Expands
Updated : 7 months, 3 weeks ago IST
Angul (Odisha) [India], September 30: Jindal Steel has successfully commissioned its 250 MT Basic Oxygen Furnace (BOF) Converter at the Angul integrated steel plant, adding 3 MTPA of crude steelmaking capacity. With the first heat now tapped, the company's total capacity at Angul has risen f
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Bank credit costs likely to decline in H2FY26, near-term slippages to rema
Updated : 7 months, 3 weeks ago IST
Credit costs in Indian banks are expected to continue in declining trend in the second half of the current financial year 2025, though near-term slippages are likely to remain elevated, according to a report by global financial services firm UBS.
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Despite tariff, geo-political challenges, India's CAD to remain under 1%
Updated : 7 months, 3 weeks ago IST
India's current account deficit (CAD) is expected to remain under control at 1 per cent of gross domestic product (GDP) in the current financial year, even as the economy faces challenges from higher tariffs and global geopolitical headwinds, according to a report by Crisil.
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Consumer cos results to improve in 2nd half of FY26 on festive demand, GST
Updated : 7 months, 3 weeks ago IST
Consumer companies are expected to report improved performance in the second half of the current financial year, aided by festive season demand and the benefits of Goods and Services Tax (GST) reforms, Systematix Research said in a report.
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India's wholesale inflation to remain at 0.5% for FY26: Report
Updated : 7 months, 3 weeks ago IST
Wholesale Price Index (WPI) inflation in India is expected to remain subdued at 0.5 per cent for the rest of the current financial year, according to a report by Union Bank of India.
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