ADB said the moderation in growth is on account of heightened global uncertainty due to the West Asia conflict, higher energy prices and volatile trade and financial conditions. The Asian Development Bank (ADB) projects India’s gross domestic product growth will ease to 6.9% in the current fiscal year from 7.6% in the previous year before…
TCS Q4 earnings: The IT bellwether’s revenue from operations rose 9.64 per cent to Rs 70,698 crore in Q4FY26 compared to Rs 64,479 crore in the corresponding period last year. TCS Q4 earnings: IT major Tata Consultancy Services Ltd (TCS) on Thursday reported a 12.12 per cent year-on-year (YoY) rise in its consolidated net profit…
RBI holds the repo rate at 5.25%, providing stability for home loan borrowers. This will ensure predictable EMIs, clarity and potential interest savings amid global economic uncertainties. The Reserve Bank of India (RBI) has kept the repo rate unchanged at 5.25%, marking its second consecutive pause. While this may seem routine, the context is far…
RBI Governor Sanjay Malhotra is set to announce the outcome of the three-day meeting on Wednesday. Check the date, time and where to watch the upcoming RBI MPC outcome. The Reserve Bank of India‘s (RBI) monetary policy committee (MPC) began its three-day meeting on Monday, April 6. The central bank will announce the decisions of…
Analysts at Ambit Capital expect Iran war to slow bank credit growth to 10-12 per cent in bear case scenario, pressure margins, and cap liquidity. It prefers private bank stocks like HDFC & ICICI Bank The Iran conflict could cast a shadow on India’s banking sector outlook, warned analysts at Ambit Capital, with a prolonged…
Crude oil rose over 3% as Yemen’s Houthis launched missile and drone attacks on Israel, raising fresh supply concerns at key global choke points and heightening risks for import-dependent India. International crude oil prices rose more than 3% on Monday morning as the West Asia war escalated, with Yemen’s Houthi militants opening a new front…
Goldman Sachs downgrades India to marketweight, cuts Nifty target and GDP forecast amid oil shock. Flags earnings downgrades and weak FPI flows. Goldman Sachs has downgraded Indian equities to ‘marketweight’ from ‘overweight’ and sharply cut its Nifty 50 target, citing deteriorating macro conditions and a looming earnings downgrade cycle. The brokerage has reduced…
In the immediate term, the 23,500–23,600 zone is expected to act as key resistance for the Nifty 50. However, support is placed around the 23,000 zone, according to experts. The Nifty 50 continued to build on the previous day’s momentum, rising 1.7 percent on March 25 and soaring 3.7 percent from the recent swing…
Sensex, Nifty rebounded following a media report claiming Mojtaba Khamenei has agreed to negotiate with the US; however, there is no official confirmation from Iran yet. The equity benchmark indices Sensex and Nifty rebounded by more than 2 percent on Tuesday, on media report from Al Arabiya claiming Mojtaba Khamenei has agreed to negotiate…
Nifty’s historical chart shows presence of an unfilled gap around the 20,300 level formed in December 2023; here is what tech analysts have to say. The NSE Nifty 50 index plunged 2.08 per cent or 480 points to 22,635 – its lowest point since April 7, 2025 amid a global market sell-off after US…