NEW DELHI : The goods and services tax cuts were expected to bolster consumption across sectors, but failed to spark the expected revival for India’s apparel and footwear retailers. An early Diwali, weak discretionary spending and erratic weather culminated in a lacklustre festive season for the two categories.
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In the bull case, Morgan Stanley has pegged the Sensex target at 1,07,000, assuming oil stays below $65 per barrel, reflation policies deliver stronger growth, and global trade tensions ease with tariff reversals. Earnings growth is expected to compound at 19% annually over FY25–28.
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India's GDP is projected to grow 7.5% in Q2 FY26, driven by investment revival and stronger rural consumption. SBI highlights a missed opportunity for the RBI to cut rates as inflation remains below 4%. The upcoming December policy meeting will be crucial for decision-making.
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Mumbai: A decade-high number of filings for initial public offers, or IPOs, in 2025 has brought India within sighting distance of the highest ever amount of money raised in such share sales in a single year, data analysed by Mint showed.
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NEW DELHI : Homegrown fast-moving consumer goods (FMCG) major Marico Ltd expects India's urban demand, especially in categories such as packaged foods, to perk up in the coming quarters aided by tailwinds from the recently-cut goods and services tax rates. This sets up a more stable outlook for the company after a quarter marked by input cost rise and tax-related disruption.
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LG Electronics' first quarterly results post-listing reveals a 27.7% drop in Ebitda, impacted by commodity costs and promotional expenses. Yet, it commands a high valuation, possibly driven by the absence of alternative pure-play consumer durable stocks.
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NEW DELHI : How to receive payments from global clients without losing a significant portion to conversion and transfer charges remains a constant dilemma for freelance tech writer Tushar Mehta.
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Maruti Suzuki Dzire has raked in the benefit of GST rate cuts, festive discounts and the overall appealing product proposition of the new generation model.
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It is pouring earnings upgrades for Hero Motocorp Ltd, following its decent September quarter (Q2FY26) earnings performance.
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Hope springs eternal in the midst of despair, be it the global economy or Indian. But before we come to the encouraging bits, the bad news first. A new study released by the International Monetary Fund (IMF) shows that its World Uncertainty Index has doubled from its January level.
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