Page 1725 - Latest News
Microfinance portfolio drops 17% in Q2; 5 million borrowers exit credit
India's microfinance sector saw its sixth straight quarterly decline in gross loan portfolio in Q2 FY26, with sustained funding squeeze pushing nearly 5 million borrowers out of formal credit systems
 "Microfinance portfolio drops 17% in Q2; 5 million borrowers exit credit")
Reserve Bank of India subsumes over 9K norms into 244 master directions
Move aims to ease compliance burden for regulated entities
 "Reserve Bank of India subsumes over 9K norms into 244 master directions")
India's new GDP series in February 2026 to spur IMF rating upgrade
The IMF has 'assured' that its 'C' rating for India's national accounts data will be reassessed once the new gdp series is released in feb 2026
 "India's new GDP series in February 2026 to spur IMF rating upgrade")
PNGRB revises GAIL's integrated pipeline tariff to ₹65.69 per mmBtu
GAIL's integrated pipeline tariff has been revised to Rs 65.69 per mmBtu from January 2026 - well below its ask - prompting a sharp market reaction
 "PNGRB revises GAIL's integrated pipeline tariff to ₹65.69 per mmBtu")
Framework trade deal with US likely by year-end: Commerce Secretary
India nears a framework trade deal with the US but insists both reciprocal and Russian-oil-linked tariffs must be resolved together, even as parallel talks with the EU and Canada gather pace
 "Framework trade deal with US likely by year-end: Commerce Secretary")
Retailers expect double-digit growth as Black Friday sales go live
Retailers expect double-digit growth as Black Friday deals boost footfalls and sales, with malls extending hours and brands offering major discounts across fashion, beauty and lifestyle categories
 "Retailers expect double-digit growth as Black Friday sales go live")
Digital banking cannot be made mandatory to access other services: RBI
RBI's new digital banking rules mandate explicit customer consent, prohibit banks from forcing digital channels for accessing other services and tighten risk controls
 "Digital banking cannot be made mandatory to access other services: RBI")
Manufacturing muscle lifts Q2 GDP growth to 6-quarter high of 8.2%
FY26 estimates to be revised upwards after faster-than-expected expansion
 "Manufacturing muscle lifts Q2 GDP growth to 6-quarter high of 8.2%")
Shapoorji Pallonji Finance eyes bonds to raise funds in early FY27
Shapoorji Pallonji Finance plans to tap the bond market in early FY27 but says high borrowing costs make a rating upgrade essential
 "Shapoorji Pallonji Finance eyes bonds to raise funds in early FY27")
Govt's fiscal deficit touches 52.6% of BE till Oct, capex increases 32%
Experts said meeting the gross tax revenue budget target of ₹42.7 trillion would be difficult as it would require a Y-o-Y expansion of 22 per cent in the November-March FY26 period.
 "Govt's fiscal deficit touches 52.6% of BE till Oct, capex increases 32%")
FY26 GDP growth likely to be 7% or more: CEA V Anantha Nageswaran
India's GDP growth saw a six-quarter high of 8.2% in Q2 FY2026, increasing over the 7.8% growth seen in the first quarter of this fiscal
 "FY26 GDP growth likely to be 7% or more: CEA V Anantha Nageswaran")
Supreme Court turns down Byju's plea to halt insolvency proceedings
BCCI had initiated insolvency proceedings against the edtech platform over pending dues of Rs 158 crore
 "Supreme Court turns down Byju's plea to halt insolvency proceedings")
Court bars Carmicheal mine opponent from pursuing Adani's confidential data
The firm operates the Carmichael coal mine in the Galilee Basin. It produces about 10 million tonnes of coal each year for the export market
 "Court bars Carmicheal mine opponent from pursuing Adani's confidential data")
Lower pipeline tariff hike likely to weigh on GAIL's earnings outlook
PNGRB's lower-than-expected tariff hike has dampened sentiment around GAIL, with analysts expecting only modest earnings support even as transmission volumes
 "Lower pipeline tariff hike likely to weigh on GAIL's earnings outlook")
Sebi reclassifies Reits as 'equity' for mutual fund investments
Equity index inclusion allowed after July 2026
 "Sebi reclassifies Reits as 'equity' for mutual fund investments")
On the upswing: Equity benchmarks gain for third consecutive month
Rotation out of AI stocks, strong Q2 earnings and FPI buying helped markets hit 14-month highs despite valuation worries
 "On the upswing: Equity benchmarks gain for third consecutive month")
Time for selectors and coach to go as Indian cricket made to grovel at home
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket, where a visiting team can mock us with the 'grovel' word
 "Time for selectors and coach to go as Indian cricket made to grovel at home")
Swiss co-working major IWG to double India portfolio by 2027: Descrozaille
India to be among the firm's top three global markets in 3-4 years
 "Swiss co-working major IWG to double India portfolio by 2027: Descrozaille")
Ecommerce firm Meesho says free cash flow positive ahead of ₹5,421 cr IPO
Indian e-commerce firm bets on AI, advertising and low-cost logistics to reach profitability as it prepares to test public markets
 "Ecommerce firm Meesho says free cash flow positive ahead of ₹5,421 cr IPO")
Adani group pegs market borrowings at ₹90,000 cr in FY27: Jugeshinder Singh
Adani Group plans to raise ₹90,000 crore in FY27 to fund a ₹1.5-trillion annual capex push across power, logistics, airports, data centres and potential Sahara asset acquisitions