Industry Report

RBI should widen LAF corridor to stabilise financial markets: SBI report

The SBI report favours an asymmetric widening of the LAF corridor, faster rate action and a shorter deadline for export proceeds as global uncertainty pressures markets

Indian banks lose market value in Q2, but select lenders gain

HDFC Bank, ICICI Bank and SBI saw their market capitalisation decline in the July-September quarter, while Kotak Mahindra Bank overtook Axis Bank to become the fourth-largest lender by market value

IT sector defies US green card suspension worries to rally 3%; here's why

IT stocks: All index constituents traded in the green, buoying the 10-stock Nifty IT 3.13 per cent to 28,604 during the intraday session.

State-owned banks raise repo-linked lending rates by 25 bps after RBI move

Several banks, including BoB, PNB and Indian Bank, raise repo-linked lending rates by 25 bps after the RBI's policy rate increase, making loans costlier for borrowers

Sebi changed goalposts, seeks order logs: Trading firm Jane Street to SAT

Jane Street seeks order logs and counterparty details to defend itself in the market manipulation case, while Sebi argues that it has disclosed all material relied upon so far

ReNew signs MoU with Maharashtra for ₹70,000 crore green data centre park

The proposed 750 MW integrated green data centre park will be developed across locations in the Mumbai Metropolitan Region, with operations expected to begin in 2028

Manufacturing adds 1.4 million jobs as investment grows in FY25: Mospi

The latest ASI shows manufacturing employment crossing 21 million, with stronger investment, higher wages and continued growth in output and value addition

Rate hike to widen banks' margins as EBLR-linked loans reprice faster

Deposit rates may rise with a lag, credit demand seen holding up

Brookfield to acquire ESR India's logistics portfolio for ₹4,300 crore

The 10.5 million sq ft portfolio marks Brookfield's entry into industrial and logistics real estate in India, with ESR continuing to manage the assets in the near term

NBFC credit grows 15.8% in August, trails banks; gold loans surge 69%

NBFC retail credit grew 22 per cent year-on-year to ₹26.48 trillion in August, led by a 69.1 per cent surge in gold loans, while overall credit growth lagged banks

Festive hiring grows 7% to 1.27 lakh jobs, led by quick commerce: Report

Quick commerce recorded the fastest festive hiring growth at 18 per cent, while Tier-III and emerging cities led geographic growth with a 15 per cent rise

India's manufacturing sentiment improved in Q2FY27, shows Ficci Survey

India's manufacturing sentiment improved in the July-September quarter as factories reported higher capacity utilisation and higher or same levels of production as compared to the previous quarter, according to the latest edition of the FICCI Manufacturing Survey released on Tuesday. The survey, which covered around 225 firms, assessed the performance and sentiment of manufacturers for nine major sectors -- namely automotive & auto components, capital goods, chemicals and allied products, electronics & electricals, glass, machine tools, metal & metal products, textiles, apparels & technical textiles and miscellaneous. The survey covered respondents from manufacturing units from both large and SME segments with a combined annual turnover of over Rs 2 lakh crore. According to FICCI, the findings reflect a rebound in the sentiment for production in Q2 2026-27 compared to the previous quarter, indicating signs of recovery from the West Asia crisis. In comparison to Q1 FY .

GEC-III boosts outlook for T&D sector; GE Vernova among top bets: MOFSL

GEC-III strengthens the visibility of India's long-duration transmission and storage investment cycle, Motilal Oswal Wealth noted.

How light, heavy carmakers' fuel-efficiency dispute came to an amicable end

Final CAFE-3 rules drop the special 909-kg concession but soften targets for lighter cars through a revised formula, while tightening norms for heavier vehicles

Indian IT companies acquire GCCs to boost revenue as growth falters

IT services firms are targeting GCCs for scale, steady revenue and domain expertise as weak organic growth and AI put pressure on traditional contracts

CDMO players to maintain outperformance on multiple growth triggers

Divi's Laboratories remains the top pick for most brokerages in this segment, even as valuations turn rich after the sharp rally

Banks likely to report treasury losses in Q2 as bond yields harden

The benchmark 10-year government bond yield hardened by 42 basis points during the quarter, while the five-year bond yield rose by 43 basis points to 6.85 per cent

Ecom platform Flipkart doubles active seller base on zero-commission boost

Flipkart attributed the growth in sellers to its zero-commission model, simplified onboarding and AI-led tools aimed at improving selection, pricing and catalogues

Slew of corrections dent largecap funds' long-term return picture

Average 5-year performance hardly above fixed income returns

Irdai commission cap plan sparks concern among insurance brokers

Brokers say lower payouts may not necessarily translate into cheaper premiums and could instead squeeze servicing economics, trigger consolidation, and weaken insurance distribution