View on market: Volatility persists, eagerly searching for growth: US stock futures were slightly higher during Asian trading hours, showing a mild positive tone. Asian markets opened the week carefully as investors waited for important economic reports from the US and the earnings announcement from a major American…
India’s GDP is expected to expand 7.2% year-on-year in Q2 FY26, driven primarily by a surge in private consumption and sustained domestic demand, according to the latest estimates by India Ratings & Research (Ind-Ra). The projected growth marks a strong rebound from 5.6% in Q2 FY25 and follows…
The Union Minister for Commerce and Industry, Piyush Goyal, has unveiled a wide-ranging initiative to promote tribal products in international markets, emphasizing stronger export support, digital integration, and enterprise development. Speaking at the Tribal Business Conclave 2025 in New Delhi, the minister said that all tribal items with…
The Union Cabinet has approved the Export Promotion Mission (EPM), a major policy initiative aimed at strengthening India’s export ecosystem with a total outlay of ₹25,060 crore (US$ 2.83 billion) for FY26–FY31. The mission represents a transformative shift from multiple disconnected schemes to a single, integrated, outcome-driven export…
Tata Motors Commercial Vehicles (TMCV) posted a consolidated net loss of ₹867 crore in Q2FY26, marking a sharp downturn from the ₹498 crore profit reported in the same quarter last year. The results come shortly after the company’s listing on Indian stock exchanges following its demerger from the…
The Insurance Regulatory and Development Authority of India (IRDAI) has approved DSP Asset Managers’ proposal to acquire up to 11,53,14,606 equity shares of Niva Bupa Health Insurance Company Limited. The transaction strengthens DSP’s existing stake in the insurer and marks a significant development in Niva Bupa’s capital expansion…
India’s economy is expected to sustain a solid growth trajectory of 6.5% annually through 2027, according to Moody’s Ratings. The outlook reflects the country’s ongoing infrastructure expansion, strong domestic consumption, and stable macroeconomic foundation. Moody’s notes that India’s medium-term economic momentum continues to be shaped by high government-led…
Nippon LifeSigned an agreement with DWS Group to strengthen its AIF platform in India, with DWS acquiring a 40% stake in Nippon Life India AIF Management. Godawari PowerCompleted the public hearing for increasing capacity at its Ari Dongri Iron Ore Mines from 2.35 MTPA to 6 MTPA. NBCCReceived…
View on market: Volatility persists, eagerly searching for growth: Asian markets started the day on a weaker note as investors remained uncertain about how soon the US central bank might reduce interest rates. Markets in Japan, South Korea and Australia opened lower, while futures linked to Hong Kong…
Ashok Leyland Limited, the flagship company of the Hinduja Group and one of India’s leading commercial vehicle manufacturers, reported a record consolidated net profit of ₹820 crore for the quarter ended September 2025 (Q2FY26), reflecting a 7% year-on-year (YoY) increase. Revenue and Profit Growth The company’s consolidated revenue…
