Category: Business

Business

India’s Defence Capex To Jump Over 10% In FY27, Says Jefferies

January 29, 2026 admin

India’s defence capex allocation in the upcoming Budget 2026-27 on Feb. 1, 2026, will be a key monitorable for defence stocks. According to global brokerage Jefferies, the defence budget should rise more than 10% year-on-year on top of the double-digit growth in FY26. To be clear, the country’s defence capital spend decreased 13% YoY in…

Business

‘Indians Will Do The Impossible’ — CEA References Mark Tully, Expresses Optimism’ For ‘Viksit Bharat’

January 29, 2026 admin

Chief Economic Adviser V Anantha Nageswaran on Thursday referenced late journalist Mark Tully to underscore that the people of India would do the impossible “every single day in the next 25 years” on their way to a Viksit Bharat. The remark comes days after the renowned journalist, author and Indophile breathed his last at a hospital in New Delhi at the…

Business

Why Morgan Stanley Is Cautious on SBI Cards Despite Improving Asset Quality

January 29, 2026 admin

SBI Cards and Payment Services continues to face earnings pressure despite improving asset quality trends, prompting Morgan Stanley to cut its price target and lower earnings estimates. In a post-results note, Morgan Stanley reduced its price target on SBI Cards to Rs 665 from Rs 700, implying a 15% downside from current levels, while maintaining…

Business

HAL, BEL, Data Patterns Poised for Double-Digit Growth On Higher Allocation — Details Inside

January 29, 2026 admin

The Union Budget 2026 is just around the corner, and it could be an important one for India’s defence sector. As the Indian markets gear up for higher earnings momentum heading into the last leg of FY26, several domestic defence players are relying on increased defence spending, especially after the Defence Secretary indicated a potential…

Business

IEX Profit Rises 11%; ITC, Tata Motors, Paytm, Swiggy To Report Earnings Today

January 29, 2026 admin

Vedanta is expected to report a strong performance, with revenue projected to grow 12.63% to Rs 44,055.8 crore, up from Rs 39,115 crore a year ago. Net profit is anticipated to surge 57.75% to Rs 5,595.2 crore versus Rs 3,547 crore in the corresponding quarter last fiscal. Ebitda is estimated at Rs 14,351.5 crore, a…

Business

Rupee Fall A Victim Of Geopolitics Despite Strong Reserves

January 29, 2026 admin

At a time when the rupee has underperformed by a considerable margin in 2025, India’s Economic Survey, ahead of Budget 2026, has argued that the rupee has become merely a victim of the geopolitical uncertainty that has gripped almost all of global markets lately. The survey added that the rupee’s value does not reflect India’s…

Business

Rupee Underperformance, Overreliance On Services, AI Infrastructure And More

January 29, 2026 admin

The Economic Survey 2025–26, penned by V Anantha Nageswaran, Chief Economic Advisor to the Government of India, strikes a confident tone on India’s growth prospects but has also delivered a clear message of caution: the global environment is entering a phase of heightened fragility where geopolitical tensions, tariff wars, leveraged AI investments and shifting capital…

Business

Economic Survey FY27 Charts India’s Rise Toward Strategic Indispensability

January 29, 2026 admin

India’s Economic Survey said that the country must build “strategic indispensability” as it heads into FY27, with global trade and capital flows now shaped by tariffs and economic statecraft. The survey projects real gross domestic product growth of 6.8% to 7.2% in FY27, and puts FY26 growth at 7.4% in the First Advance Estimates, with…

Business

PM Modi Urges Indian Traders To Ensure Highest Quality For EU Exports

January 29, 2026 admin

Ahead of the Union Budget, Prime Minister Narendra Modi positioned the India–EU Free Trade Agreement (FTA) as a transformative milestone for the country, describing it as the “mother of all deals” that reflects a confident and self-reliant Bharat. Addressing the Parliament, he said the pact offers a major opportunity for Indian exporters and urged domestic…

Business

Redmi Note 15 Pro, Redmi Note 15 Pro+ Launched With 200MP Camera — Full Specs, Features, Price In India

January 29, 2026 admin

Xiaomi’s sub-brand Redmi has unveiled the Note 15 Pro series in India, including the standard Redmi Note 15 Pro and the premium Redmi Note 15 Pro+. These mid-range smartphones stand out with a 200MP primary camera featuring optical image stabilisation, big batteries for all-day use, and robust protection against dust and water. Redmi Note 15…

Business