Mumbai (Maharashtra) [India], May 31: Nisus Finance Services Co Limited (BSE- NISUS | 544296 | INE0DQN01013) a renowned investment management firm specializing in urban infrastructure and structured finance, has published its audited financial results for H2 & FY25.
India's economy recorded strong growth in the fourth quarter of FY25, mainly due to a sharp rise in net indirect taxes, stated a report by State Bank of India.
"All in all, given the global environment, our economy is doing quite well," the CEA told reporters at a virtual press conference, soon after the GDP data for 2024-25 and January-March were released.
The Reserve Bank of India (RBI) has expressed confidence in aligning headline inflation with its target of 4.0 per cent over a 12-month horizon, supported by easing food prices and favourable economic conditions.
Domestic gold jewellery consumption in India is projected to expand by a significant 12-14 per cent in value terms in fiscal year 2026, according to a recent report by ICRA. Gold prices surge by 33 per cent in FY25, ICRA says prices will continue to surge in FY26.
The total number of domestic air passengers during the month is estimated at 145.5 lakh, up from 132.0 lakh in April 2024. However, the growth remained flat on a month-on-month basis.
Indian engineering goods exports on Thursday recorded an 11.28% year-on-year growth in April, reaching USD 9.51 billion, attributed to a lower base effect and increased shipments of electric machinery, ships, motor vehicles, and copper products.
Morgan Stanley, a global financial services firm, on Wednesday modestly upgraded its forecast for the Indian economy to 6.2 per cent year-on-year for financial year 2026, up from 6.1 per cent and 6.5 per cent for FY 2027, up from 6.3 per cent.
India's trade outlook for the current financial year remains uncertain due to the looming threat of reciprocal tariffs by the United States, according to a report by Union Bank of India.
The RBI is expected to transfer a record surplus dividend of Rs 2.7 lakh crore to Rs 3 lakh crore to the govt in FY26, an almost 50 per cent increase YoY, highlighted a report by Front Wave Research, a SEBI-registered Research Analyst.
LPG losses incurred by oil marketing companies (OMCs) are expected to decrease by around 45 per cent in FY26 if crude oil prices remain stable at USD 65 per barrel, according to a report by CareEdge Ratings.
India's mutual fund industry is expected to see strong inflows of USD 40-45 billion in the financial year 2025-26, mainly driven by steady SIP (Systematic Investment Plan) contributions.