India’s fiscal deficit to be set at 4.2 pc of GDP for FY27: Morgan Stanley

IANS | January 16, 2026 9:54 AM

New Delhi, Jan 16 (IANS) The central government's fiscal deficit is expected to be set at 4.2 per cent of GDP for FY27 in the upcoming Union Budget (against the target of 4.4 per cent in FY26) — corresponding to moderation in debt to 55.1 per cent of GDP, a Morgan Stanley report said on Friday.

Angel One’s Q3 profit falls 4 pc to Rs 269 crore

IANS | January 15, 2026 8:52 PM

Mumbai, Jan 15 (IANS) Stock broking firm Angel One Limited on Thursday reported a 4 per cent year-on-year (YoY) decline in its consolidated net profit to Rs 269 crore for the third quarter (Q3 FY26).

Jets, gas and economic fragility — high-risk Pakistan is badly trapped

Vivek Y Kelkar | January 15, 2026 8:45 PM

New Delhi: Pakistan is trying to sell two futures at once — and neither is guaranteed. Even as Islamabad markets the JF-17 as a “budget multirole” fighter to cash-strapped air forces, it is simultaneously advertising its coastline as the next energy frontier, awarding offshore oil and gas blocks after years of exploration disappointment. The spectacle is revealing: a state scrambling to monetise both defence and geology because it lacks the one commodity that matters most — a strong economy.