Search For "current financial year"
US tariffs will have limited impact in FY26, GST reforms to soften the blo
Updated : 7 months, 3 weeks ago IST
The United States' tariff action on Indian exports may not significantly impact the current financial year, but prolonged duties could affect investment sentiment, Chief Economic Advisor (CEA) to the Government of India, V Anantha Nageshwaran said on Wednesday.
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B2B Industrials Startup Magma's Order Book Crosses INR 500 Crore in FY26
Updated : 7 months, 3 weeks ago IST
Ahmedabad (Gujarat) [India], September 9: Industrial solutions startup Magma has crossed the INR 500 crore mark in its order book for the current financial year FY26, highlighting strong demand for its suite of offerings across speciality raw materials, waste management, green energy, biomat
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Amid tariff tensions, India's current account deficit may double to 1.2% o
Updated : 7 months, 3 weeks ago IST
India's current account deficit (CAD) is expected to almost double in the current financial year FY26 to 1.2 per cent of gross domestic product (GDP), compared with 0.6 per cent in FY25, amid rising trade and geopolitical tensions, according to a report by Union Bank of India.
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Remittances to India surged to USD 33.2 billion in Q1 of current FY26, up
Updated : 7 months, 3 weeks ago IST
The remittances in the country rose to USD 33.2 billion in the first quarter of the current financial year, from USD 28.6 billion recorded last year during the same time period, according to a report by Crisil.
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Indian companies' revenue growth slips to 7-quarter low of 3.4% in Q1FY26:
Updated : 7 months, 3 weeks ago IST
The revenue growth of Indian companies slipped to a 7-quarter low of 3.4 per cent year-on-year in the first quarter of the current financial year 2025-26, according to a report by ICICI Bank.
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Indian bank margins likely to improve in fiscal H2 after slow Q1: S&P Glob
Updated : 9 months ago IST
Several Indian banks are expecting their net interest margins (NIMs) to improve in the second half of the current financial year after reporting a weak performance in the April-June quarter, according to a report by S&P Global.
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Indian stock market so far sees double-digit sequential growth in new regi
Updated : 9 months ago IST
The Indian stock markets have registered double-digit sequential growth in new investor registrations during the current financial year so far, excluding April, according to a report released by the National Stock Exchange (NSE).
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Punjab intensifies recovery of excise arrears: Rs 1.85 crore recovered, pr
Updated : 9 months, 1 week ago IST
In a determined bid to strengthen fiscal discipline and boost state revenue, the Punjab Government has launched an aggressive drive to recover long-pending excise arrears inherited from previous SAD-BJP and Congress regimes. Punjab Finance, Planning, Excise and Taxation Minister Advocate Har
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Consumer discretionary sector sees moderation in Q1, festive season expect
Updated : 9 months, 1 week ago IST
The consumer discretionary sector witnessed continued moderation in the first quarter of the current financial year, but hopes for a recovery are pinned on the upcoming festive season, according to a report by Systematix Research.
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Indian economy likely grew 6.8-7% in Q1 FY26, higher than RBI's estimate:
Updated : 9 months, 1 week ago IST
The Indian economy may have registered a strong growth rate of around 6.8 per cent to 7 per cent in the first quarter of the current financial year, significantly higher than the Reserve Bank of India's estimate of 6.5 per cent, according to a report by the State Bank of India (SBI).
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Credit costs of banks surge in Q1FY26; asset quality marginally weakens: C
Updated : 9 months, 1 week ago IST
The credit costs of scheduled commercial banks (SCBs) in the country surged in the first quarter of the current financial year, even as their asset quality worsened marginally on a sequential basis, according to a report by CareEdge Ratings.
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India's GDP growth projected at 6.7% in Q1 FY2026 higher than RBI target o
Updated : 9 months, 1 week ago IST
India's GDP growth projection is at 6.7 per cent in the first quarter of the current financial year which is higher than the RBI estimates of 6.5 per cent, according to rating agency ICRA.
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