Business

29

Jan

By The Press Editor

0 Comments

Business

Economic Survey 2025-26: From GDP to credit rating upgrade, here are 10 major highlights

Economic Survey also focuses on aligning AI adoption with India’s structural realities, such as capital availability, energy constraints, institutional capacity, and market depth, so that technology choices reinforce long-term growth instead of creating fragile dependencies. New Delhi: Finance Minister Nirmala Sitharaman has tabled the Economic Survey 2025-26 in the Lok Sabha, an annual report on the country's economic performance for the financial year. The survey called for key reforms, including overhauling the fertiliser sector, boosting research and development, strengthening irrigation systems and promoting crop diversification. It also focuses on aligning AI adoption with India’s structural realities, such as capital availability,…

Read More

29

Jan

By The Press Editor

0 Comments

Business

319% return in 1 year: FMCG stock in focus as company expands investment and loan limits, details

The stock's 14-day relative strength index (RSI) is 25.62. For the uninitiated, a level above 70 is considered overbought or overvalued, and below 30 is defined as oversold or undervalued. Mumbai: Shares of FMCG company Elitecon International Limited are on investors' radar as the company has secured shareholder approval for a significant expansion of its financial capabilities. According to the information shared with exchanges, authorising a substantial increase in borrowing limits up to Rs 500 crore under Section 180(1)(c) of the Companies Act, 2013. The stock started today's session in the red amid market volatility. The counter opened at Rs…

Read More

29

Jan

By The Press Editor

0 Comments

Business

Q3 results: Pharma stock in focus as revenue increases 45% YoY, check share price

The stock's 14-day relative strength index (RSI) is 30.63. For the uninitiated, a level above 70 is considered overbought or overvalued, and below 30 is defined as oversold or undervalued. Mumbai: Shares of pharma company Sudarshan Pharma Industries Ltd are in focus as the company has reported a 16 per cent increase in net sales to Rs 168.01 crore and a 51 per cent surge in net profit to Rs 4.36 crore for the third quarter of fiscal year 2026. Following this, the stock started the trading session in green at Rs 20.25 against the previous close of Rs 19.30…

Read More

29

Jan

By The Press Editor

0 Comments

Business

Parliament Budget Session 2026: Economic Survey pegs FY27 GDP growth at 6.8-7.2%

According to the Economic Survey, the Free Trade Agreement (FTA) with Europe will strengthen India's manufacturing competitiveness, export resilience and strategic capacity. New Delhi: Union Finance Minister Nirmala Sitharaman on Thursday tabled the Economic Survey 2025-26 in the Lok Sabha. The Economic Survey is an annual document presented by the government ahead of the Union Budget to review the state of the country's economy. It also provides an overview of the economy's short-to-medium-term prospects. According to the Economic Survey 2025-26, India's economy is expected to grow at 6.8-7.2 per cent in FY27, driven by regulatory reforms and strong fundamentals. The survey…

Read More

29

Jan

By The Press Editor

0 Comments

Business

Auto stock in focus as company approves 80% acquisition in subsidiary, check details

Technically, the stock is trading lower than the 5-day, 20-day, 50-day, 100-day and 200-day moving averages. Mumbai: Shares of Uttar Pradesh-based electrical equipment maker Pavna Industries are in focus as the company has informed exchanges that the board has approved the investment in the equity shares of the subsidiary company Pavna SMC Private Limited. According to the information shared with the exchanges, the board has approved the acquisition of an 80 per cent stake for a cash consideration of Rs 4,00,000, with the transaction expected to conclude by March 31, 2026, in a subsidiary. The incorporated company belongs to the…

Read More

29

Jan

By The Press Editor

0 Comments

Business

Kerala Budget: State hikes pay of pre-primary teachers by Rs 1,000; honorariums of ASHAs hiked

The Finance Minister also allocated Rs 14,500 crore for social security pensions for financial year 2026–27. He also announced Rs 3,700 crore for CM's Stree Suraksha scheme in Budget 2026-27. Thiruvananthapuram: Kerala Finance Minister KN Balagopal on Thursday presented the state budget and hiked the pay of pre-primary teachers by Rs 1,000 and said the literacy mission motivators to get Rs 1,000 monthly increase. The honorarium of ASHA workers also increased by Rs 1,000. The state government during the Kerala Budget also raised monthly honorarium of Anganwadi workers by Rs 1,000, helpers by Rs 500. In the State Assembly,…

Read More

29

Jan

By The Press Editor

0 Comments

Business

Market Opening Bell: Sensex down 24 points, Nifty near 24,350, L&T among top gainers

Sensex, Nifty Today: Gift Nifty, an early indicator for the Nifty 50, indicated a flat to negative start as it opened with a drop of 22 points at 25,404.50, compared to the previous close of 25,426.50. Mumbai: Indian equity benchmark indices, the Sensex and Nifty, opened in the red on Thursday, January 29, 2026, amid mixed global cues. While the 30-share BSE Sensex shed 24.28 points to start the session at 82,368.96, the Nifty gained 2.25 points to open at 25,345. In the last trading session, the Sensex closed at 82,344.68 and the Nifty 50 at 25,342.75. Similarly, the broader…

Read More

29

Jan

By The Press Editor

0 Comments

Business

‘Budget should ease household burden’: Homemakers seek middle-class, women-friendly Union Budget

Finance Minister Nirmala Sitharaman will present her ninth consecutive Budget on February 1 in the Lok Sabha. The Budget Session of Parliament commenced on January 28 and continues till April 2, with one break. New Delhi: Ahead of the Union Budget 2026–27, homemakers across the country have urged the Centre to ease the financial burden on middle-class families, citing rising living costs and the growing strain on household budgets. They called on the government to prioritise women-centric and middle-class-friendly measures in the upcoming budget. Speaking to news agency ANI, several women highlighted the steady rise in prices of essential commodities…

Read More

28

Jan

By The Press Editor

0 Comments

Business

Real estate stocks gains as company converts OCDs of subsidiary into equity shares, check share price

Even after this conversion, the company will continue to be a 100 per cent subsidiary of the firm, and there will be no change in its ownership, control or management. Mumbai: Shares of infra-to-energy player Hazoor Multi Projects Ltd (HMPL) gained on Wednesday, i.e. on January 28, 2026. The action in the stock comes as the company has informed exchanges about the conversion of investment in its wholly-owned subsidiary Square Port Shipyard Private Limited (SPSPL) from Optionally Convertible Debentures (OCDs) into equity shares. The surge in the stock also comes on a day when the equity benchmark indices Sensex and…

Read More

28

Jan

By The Press Editor

0 Comments

Business

Union Budget 2026–27: Experts urge focus on healthcare infrastructure in tier-2 and tier-3 cities

As Budget 2026–27 approaches, healthcare experts stress the urgent need to strengthen hospital infrastructure in Tier-2 and Tier-3 cities to improve access, affordability, and quality of healthcare across India. New Delhi: As India prepares for the Union Budget 2026-27, healthcare leaders and industry experts are urging the government to rethink its approach to health spending, especially when it comes to strengthening hospital infrastructure in smaller cities and towns. Their message is clear: it’s time to go beyond token increases in funding and build a healthcare system that truly reaches every citizen, not just those in big urban centres. The Problem:…

Read More