#fiscal-year
India set to sustain 6.5-7% real GDP growth, nominal growth seen at 11-12%: Jefferies
India is on track for 6.5-7% real GDP growth and 11-12% nominal growth this fiscal year, Jefferies said, citing resilient domestic demand, faster bank credit and improving economic activity. Strong MSME and corporate lending could signal a revival in private-…
Chola raises ₹7,917 cr through NCDs, subordinated debt in Q1 FY27
Chola Q1 FY27 PAT jumps 46% to Rs 1,654 crore; disbursements up 22% to Rs 29,612 crore; total AUM at Rs 2,54,392 crore; gold loans AUM tops Rs 2,000 crore.
Akasa Air targets 30% capacity boost this fiscal year
Akasa Air aims for a 30% capacity increase this fiscal year, improving margins amid rising revenues and operational efficiency.
Oracle’s workforce shrank by about 13% as it bankrolls its AI buildout
Oracle ended its 2026 fiscal year with about 21,000 fewer employees than it started with, a reduction of roughly 13% that ranks among the deepest in the company’s history. The figure, disclosed in the company’s annual filing, puts a number on a process staff …
India insurers seek doubling of tax-free limit for some products to boost inflows, sources say
Inflows into non-ULIP schemes have risen a modest 2% and 5% for fiscal years 2024 and 2025, respectively; this is sharply lower than the 13% and 18% growth in the previous two years
Reserve Bank's FY26 income gets Rs 1.69 lakh crore forex boost
The Reserve Bank of India saw a significant 52% surge in foreign exchange transaction gains, reaching 1.69 trillion rupees for the fiscal year ending March. This increase stems from selling dollars to protect the rupee. The central bank also reported substant…
India's edible oil imports rise 3% in FY26 on Nepal duty-free surge, industry body says
India's edible oil imports increased by 3 per cent in the last fiscal year owing significant to a boost from duty-free shipments from Nepal. Nepal's edible oil exports to India more than doubled. India relies heavily on foreign supplies for edible oils.
USD 1 trillion exports target for this year: Piyush Goyal
Aiming high, India is embarking on a mission to achieve USD 1 trillion in exports this fiscal year, following a stellar achievement of USD 863.11 billion in the previous year. To catalyze this growth, the government is proactively engaging in negotiations for…
United Breweries aims 6-7% volume growth in FY27 amid cost pressures, to continue premiumisation
The company, which ended FY26 with 3% volume growth, is optimistic that recent structural initiatives will boost category growth in the upcoming fiscal year