Page 2 - Industry Report

Global digital payments to double by 2030 as new instruments gain ground

Capgemini's World Payments Report 2027 says non-cash transactions have grown nearly fivefold over the past decade, with instant payments, e-money and digital currencies reshaping global commerce

Nifty IT soars 14% in 6 days on Q2 earnings boost; TechM, Wipro, TCS shine

At 10:12 AM on Friday, the Nifty IT index was the top sectoral gainer, up 2.8%. Tech Mahindra, Wipro, Infosys and TCS surged up to 7% amid Q2 earnings cheer.

Tyre makers ready for BS-VII abrasion norms, seek clarity on testing rules

Proposed tyre abrasion norms from April 2031 are expected to drive R&D investments as manufacturers seek clarity on testing protocols while grappling with rising raw material costs

21 strategic PSU stake sales in 26 years as IDBI Bank joins the list

The sales of BALCO, VSNL and Hindustan Zinc in the early 2000s, followed by transactions involving THDC India, NEEPCO and Air India, account for much of this history

Auto revenue seen rising up to 28% in Q2; input costs may squeeze margins

Q2 results preview: Volume-led sales growth may outpace profits

MOFSL sees telecom sector re-rating ahead of Jio IPO; RIL, Airtel in focus

Motilal Oswal Wealth Management Research Desk has said that India's telecom sector could see a valuation re-rating ahead of Jio Platforms' (JPL) proposed IPO.

Regulatory headwinds may cloud dealmaking in a buzzing insurance sector

Insurers and distributors have warned that the changes could constrain near-term growth, hit distributor revenues and affect employment

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

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 .