New Delhi, Feb 2 (IANS) Robust consumer spending and public investments will maintain India's real GDP growth at 6.7 per cent in fiscal 2027 and 7 per cent in fiscal 2028, S&P Global Ratings said on Monday, adding that the Union Budget reinforces its expectation of gradual fiscal consolidation.
Mumbai, Feb 2 (IANS) Hyundai Motor India Limited on Monday reported a solid performance in the third quarter (Q3) of FY26, with its consolidated net profit rising 6.3 per cent year-on-year to Rs 1,234.4 crore.
New Delhi, Feb 2 (IANS) The IMF has lowered Pakistan’s GDP growth forecast to 3 per cent from 3.2 per cent, which is worrying news for a country with a rapidly expanding population, according to an article in the Pakistani media.
New Delhi, Feb 2 (IANS) The Union Budget 2026-27 sustains reform momentum through a people-centric approach focused on stability, inclusivity, and long-term value creation, Yezdi Nagporewalla, CEO, KPMG in India, said on Monday.
New Delhi, Feb 2 (IANS) India’s smartphone market grew a modest 1 per cent year‑on‑year in volume but a robust 8 per cent in value in 2025, underscoring sustained premiumisation, a report said on Monday.
Mumbai, Feb 2 (IANS) Indian equity markets bounced back strongly in the final hour of trade on Monday, helped by late buying in heavyweight stocks such as Adani Ports, Bharat Electronics, L&T, Mahindra & Mahindra, ICICI Bank and HDFC Bank.
Mumbai, Feb 2 (IANS) India is in a sweet spot today, and the Union Budget for a ‘Future Ready Bharat’ covers a multitude of sectors, both traditional and modern, giving impetus to services with a major focus on tech, Commerce and Industry Minister Piyush Goyal said on Monday.
New Delhi, Feb 2 (IANS) Chief Economic Advisor V. Anantha Nageswaran said on Monday that the increase in Securities Transaction Tax on derivatives trading announced in the Union Budget 2026-27 is aimed at securing household savings from highly speculative bets rather than generating revenue for the government.
New Delhi, Feb 2 (IANS) Union Budget 2026–27 kept a "long‑term vision at the forefront" by increasing capital expenditure and improving the expenditure mix, a report said on Monday.
New Delhi, Feb 2 (IANS) Union Finance Minister Nirmala Sitharaman has said India has emerged as one of the biggest drivers of global economic growth, highlighting an International Monetary Fund (IMF) chart shared by billionaire entrepreneur Elon Musk that shows India and China together contributing 43 per cent of worldwide GDP growth.
