Goldman Sachs slashes India growth forecast for 2026 to 5.9%, warns currency strain will force rate hike

Goldman Sachs raises India 2026 CPI forecast to 4.6% from 4.2% earlier; Goldman Sachs expects 50 bps rate hike by RBI in 2026   Goldman Sachs has pared its growth estimate for India for 2026, while forecasting a 50 basis points hike in policy rates as the economy contends with sharp depreciation in its currency.…

Reliance Q3 results: From profit, revenue to New Energy update— 5 key highlights from RIL Q3 earnings

Reliance Q3 results: Mukesh Ambani-owned Reliance Industries (RIL), on Friday, January 16, reported a nearly 2% year-on-year (YoY) rise in its consolidated profit to ₹22,167 crore. Consolidated EBITDA rose by 6.1% YoY, while EBITDA margin shrank by 70 bps YoY to 17.3% for Q3FY26. Reliance Q3 results: Mukesh Ambani-owned Reliance Industries (RIL), on Friday, January…

Meesho IPO to unlock ₹1,020 crore bonanza for founders, early backers

Meesho has set the price band for its IPO in the range of ₹105 to ₹111 per cent, valuing it around ₹50,095.75 crore   Meesho IPO:The much-awaited initial public offering (IPO) of e-commerce player Meesho is set to open for public subscription on Wednesday, December 3, 2025. The company plans to raise ₹5,421.2 crore through…

‘Examining implications’: India on US move to revoke Chabahar port waiver

The revocation of the sanctions waiver comes as a challenge for India, as it is involved in the development of a terminal at Chabahar Port   India on Friday said it is currently examining the implications of the United States (US) revoking the sanctions waiver for Iran’s Chabahar port. In a press briefing, the Ministry…

FIIs revisit Indian stocks with 2025’s 3rd-biggest buy; will flows sustain?

Foreign institutional investors (FIIs) snapped a nine-day selling streak on April 15, Tuesday, to buy domestic equities worth ₹6,065.78 crore, marking the third-largest single-day buying this year (₹11,111.25 crore on March 27; ₹7,470.36 crore on March 21). On the same day (April 15), domestic funds sold stocks worth ₹1,951.6 crore, according to NSE data.  …