Stay updated with the latest fiscal-year news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on fiscal-year topics.
General Manager Sanjay Kumar Srivastava complimented the Signal and Telecommunications wing for the record commissioning of ABS and completion of Kavach field trials, stating that railway safety continues to remain the top priority. South Central Railway (SCR) on Sunday announced the successful completion of field trials of Kavach -- the indigenous Automatic Train Protection system -- across 487 route kilometres (Rkm), along with the commissioning of Automatic Block Signalling (ABS) over 479 Rk ...Read More >
NEW DELHI: The Centre has, for the first time, tied a portion of funding under the Special Assistance to States for Capital Investment (SASCI) scheme to fiscal discipline, seeking to nudge states toward better debt management and greater transparency in fiscal reporting. The Department of Expenditure has finalised modalities for Rs 1.75 lakh crore out of the Rs 2 lakh crore allocation under the scheme, introducing reform-linked incentives, including fiscal benchmarks, with a special dedicated w ...Read More >
New Delhi: The coal ministry is closely monitoring fuel offtake by state nodal agencies amid reports of an increase in buffer stock by the informal industrial sector, people close to the matter said. Coal India Ltd supplies coal to state nodal agencies which mainly cater to small and medium-sector consumers, such as brick kilns and other small industrial units that do not have fuel supply agreements. The ministry has reached out to states to gauge their requirements and ensure adequate supplies ...Read More >
Brokerages broadly expect IT companies to deliver a resilient Q4FY26 performance, supported by easing furloughs, steady deal ramp-ups and vendor consolidation. India Inc's Q4 earnings season is set to begin, with the IT sector taking centre stage as Tata Consultancy Services (TCS) kicks off results on April 9. Other majors, including Wipro (April 16), HCL Technologies (April 21) and Tech Mahindra (April 22) will follow, setting the tone for the sector amid global uncertainty and rising AI disru ...Read More >
Mumbai: India's snack makers are struggling to cut sugar. Low- or reduced-sugar products made up just 0.9% of launches in chocolates, confectionery, biscuits and snack bars last fiscal year ended March 31. While that is up from 0.1% in 2022, the share has stagnated over the past two years and even slipped from 1.1% in 2024, according to latest data from UK research firm Mintel shared with ET. Also Read | Parle continues to be India's top FMCG brand at home, 13th time in a row: Report But tha ...Read More >
New Delhi: Retail automobile sales in India surged to an all-time high of 29.67 million units in the just-ended fiscal year, growing 13%, with five of six vehicle categories setting new annual records. Passenger vehicle sales grew by 13% at 4.7 million units while two-wheeler sales clocked a 13% rise at 21.4 million units, per data collated by Federation of Automobile Dealers Associations (Fada) from the government's Vahan portal. Commercial vehicle sales grew by 12% at 1.06 million units, tra ...Read More >
New Delhi [India], April 6 (ANI): The Government e Marketplace (GeM) has achieved a cumulative Gross Merchandise Value of Rs 18.4 lakh crore, including over Rs 5 lakh crore GMV in the financial year 2025-26. Addressing the media, Chief Executive Officer, Government e Marketplace, Mihir Kumar stated that crossing a cumulative GMV of Rs 18.4 lakh crore reflects the confidence of buyers, sellers and institutions in a transparent and technology-driven procurement ecosystem. This milestone reflects ...Read More >
Chandigarh, Apr 6 (PTI) Punjab Finance Minister Harpal Singh Cheema on Monday said the state government has achieved record enforcement outcomes in the financial year 2025-26, marking a decisive shift towards intelligence-led action and robust revenue protection. Cheema said, "Driven by the focused and intelligence-led actions of the State Intelligence and Preventive Units, the state taxation department imposed massive penalties amounting to Rs 1,383.11 crore during the year." Out of this impos ...Read More >
Hyderabad: Telangana Chief Minister A Revanth Reddy, in a six-page letter to his Keralam counterpart Pinarayi Vijayan on Monday, said the latter was relying on 'outdated data' while claiming that his state's governance model was delivering faster results. He explained the development, literacy, etc. in both states with complete statistics. ''I have immense respect for CM Pinarayi Vijayan. I have read his tweets carefully. It is my responsibility to reveal the truth before the people of both sta ...Read More >
New Delhi, Apr 6: PC Jeweller Ltd on Monday said its standalone revenue grew 32 per cent annually during the fourth quarter of the last fiscal year ended March 2026. In its quarterly update through a regulatory filing, the company informed that it concluded the fourth quarter of the 2025-26 fiscal with a standalone revenue growth of about 32 per cent YoY (year-on-year). The company did not give any reason, but surging gold prices amid geopolitical uncertainties may have boosted the revenue. "C ...Read More >
New Delhi, April 6: India's white‑collar job market closed the financial year on a strong note, with fresher hiring surging 16 per cent YOY, with growth distributed across both metro and non-metro markets, a report said on Monday. The report from Naukri said non‑IT sectors anchored job market expansion, led by hospitality with 21 per cent year‑on‑year growth, followed by BPO or ITES at 18 per cent, oil & gas and education each at 15 per cent, and real estate at 14 per cent. It cited a JobSpe ...Read More >
Pune: The Indian automobile retail sales posted an all-time high of 2,96,71,064 units in FY26 with a broad-based 13.30 per cent growth year-on-year, which also clocked five of six vehicle categories new annual records. This represents the auto industry, the world's third biggest, nearing the 3-crore mark in a financial year, a milestone that would have seemed distant just two years ago, the Federation of Automobile Dealers Associations (FADA) said on Monday. "What makes this year particularly ...Read More >
New Delhi [India], April 6 (ANI): The Reserve Bank of India has retained the percentage limits for foreign portfolio investor (FPI) investments in debt markets for the financial year 2026-27, while increasing the overall investment cap in line with the expansion of the bond market. In a circular released on Monday, the RBI stated that the limits for FPI investment under the general route will remain unchanged. It stated, "The limits for FPI investment in Government Securities (G-Secs), State G ...Read More >
New Delhi, April 6, 2026 - Indian Railway Finance Corporation (IRFC) has sanctioned and fully disbursed a term loan of Rs 1,000 crore to Maharashtra State Power Generation Company Limited (MAHAGENCO). The announcement came on Monday, marking a strong opening to the new financial year. Manoj Kumar Dubey, Chairman and Managing Director of IRFC, described the disbursal as a wonderful start to the new financial year. He stated that the first disbursement going to a trusted business partner is not ...Read More >
New Delhi: India's strong fiscal position and robust foreign exchange reserves provide the Reserve Bank of India with more policy flexibility, Finance Minister Nirmala Sitharaman said on Monday. Addressing the golden jubilee celebrations of the National Institute of Public Finance and Policy, the Finance Minister said: "India has fiscal space with room to maintain the government's capex programme, room for the RBI to cut rates and room to offer targeted support to affected sectors. This is the ...Read More >
New Delhi, April 6 (SocialNews.XYZ) India's white‑collar job market closed the financial year on a strong note, with fresher hiring surging 16 per cent YOY, with growth distributed across both metro and non-metro markets, a report said on Monday. The report from Naukri said non‑IT sectors anchored job market expansion, led by hospitality with 21 per cent year‑on‑year growth, followed by BPO or ITES at 18 per cent, oil & gas and education each at 15 per cent, and real estate at 14 per cent. It ...Read More >
Mumbai: The Reserve Bank's rate-setting panel on Monday started its three-day brainstorming session on the first bi-monthly monetary policy of the fiscal year amid expectations of a status quo on the benchmark lending rate in view of apprehensions of a spike in inflation due to the ongoing West Asia crisis. The decision of the six-member Monetary Policy Committee (MPC), headed by Reserve Bank Governor Sanjay Malhotra, will be announced on Wednesday. The RBI has cut rates by a total of 125 basis ...Read More >
New Delhi, Apr 6 (PTI) India has achieved the highest-ever annual wind energy capacity addition of 6.05 GW in 2025-26, taking cumulative installed capacity to over 56 GW, the Ministry of New & Renewable Energy said on Monday. According to a ministry statement, India achieved its highest-ever annual wind capacity addition of 6.05 GW during FY26, crossing the landmark of 5.5 GW capacity addition in FY 2016-17. With this addition, India's cumulative installed wind power capacity has crossed 56 GW ...Read More >
Nashik: Two major co-operative banks in Nashik have reported strong financial performance for the last financial year, reflecting steady growth in deposits, lending, and overall business. The Nashik Merchants Co-operative (NAMCO) Bank has posted a net profit of ₹43.33 crore, informed Chairman Hemant Dhatrak during a press conference. The bank's total business has reached ₹4,348.42 crore, with deposits increasing by ₹282.06 crore during the year. Dhatrak stated that loan disbursement by the ban ...Read More >
New Delhi, April 6 (SocialNews.XYZ) The government on Monday said that the country has achieved its highest-ever annual wind capacity addition of 6.05 GW in FY26, crossing the landmark of 5.5 GW capacity addition in FY 2016-17. This represents an increase of nearly 46 per cent over the capacity added in FY25, marking a decisive acceleration in India's onshore wind deployment trajectory. "With this addition, India's cumulative installed wind power capacity has crossed 56 GW. This milestone refl ...Read More >
New Delhi, April 6: The International Monetary Fund (IMF) has asked Pakistan to eliminate, at the earliest, distortions in the pricing of petroleum products due to the subsidy extended by the federal government to consumers amid the surge in global prices triggered by the Iran war, local media reports said on Monday. A senior government official has confirmed that the IMF remains concerned about existing distortions, particularly in diesel pricing, and is pushing for their early removal, the Da ...Read More >
Patna, Apr 6 (PTI) Bihar Industries Minister Dilip Jaiswal on Monday said the state government aims to attract investments to the tune of Rs 50 lakh crore and generate one crore employment over the next five years. He asserted that industrial development has been accorded top priority under the government's 'Saat Nischay' programme. "A total of 747 investment proposals worth Rs 17,217 crore were received by the department in the 2025-26 financial year, and 317 investors were allotted 404 acres ...Read More >
New Delhi, Apr 6 (PTI) Realty firm Max Estates Ltd on Monday reported its sales bookings at Rs 3,392 crore for the fourth quarter of the last fiscal year on better demand for its properties. The company did not provide the pre-sales or sales bookings of the year-ago period. In a regulatory filing, the company said its sales bookings stood at Rs 5,305 crore for the full 2025-26 fiscal, almost flat from Rs 5,321 crore in the preceding financial year. "The company achieved total pre-sales of Rs ...Read More >
New Delhi, Apr 6 (PTI) State-owned UCO Bank on Monday reported a 19 per cent credit growth at Rs 2.62 lakh crore in the January-March quarter of FY26. Total advances were at Rs 2.20 lakh crore in the year-ago quarter that ended in March 2025, UCO Bank said in a regulatory filing. The Kolkata-based lender reported an 11 per cent rise in total deposits at Rs 3.27 lakh crore during the reporting quarter, as against Rs 2.94 lakh crore registered at the end of the fourth quarter of the preceding fi ...Read More >
New Delhi, Apr 6 (PTI) Beauty and fashion retailer Nykaa (FSN E-Commerce Ventures) on Monday said it expects its consolidated net revenue growth to be in the "late twenties" for the fourth quarter ended March 31, 2026, marking its highest growth in the last 12 quarters. The company said the Q4 performance will come on the back of a sharp acceleration in its fashion vertical, coupled with sustained robust performance in its core beauty business. "Q4 FY2026 with Consolidated GMV growth expected ...Read More >
Singapore, 6 April (Argus) -- Premiums at India's domestic coal auctions rose sharply in March with industrial buyers moving to secure supply following a surge in seaborne coal prices and freight rates, led by the US-Iran conflict and pre-summer restocking by power utilities. State controlled Coal India (CIL) -- which meets about three-quarters of India's coal needs -- recorded an average premium of 45pc in its March electronic auctions over the notified prices applied to long-term contracted s ...Read More >
BENGALURU, April 6 (Reuters) - Top Indian information technology firms are set to report another lacklustre quarter, with revenue and profit seen rising around 10% year-on-year largely on a weaker rupee rather than underlying growth, seven brokerages said. Uncertainties due to wars, weak discretionary spending and concerns around artificial intelligence will keep weighing on client budgets, making the revenue forecast for the next fiscal year a key focus for investors, they added. Tata Consult ...Read More >
BENGALURU, April 6 (Reuters) - Top Indian information technology firms are set to report another lacklustre quarter, with revenue and profit seen rising around 10% year-on-year largely on a weaker rupee rather than underlying growth, seven brokerages said. Uncertainties due to wars, weak discretionary spending and concerns around artificial intelligence will keep weighing on client budgets, making the revenue forecast for the next fiscal year a key focus for investors, they added. Tata Consult ...Read More >
BENGALURU, April 6 (Reuters) - Top Indian information technology firms are set to report another lacklustre quarter, with revenue and profit seen rising around 10% year-on-year largely on a weaker rupee rather than underlying growth, seven brokerages said. Uncertainties due to wars, weak discretionary spending and concerns around artificial intelligence will keep weighing on client budgets, making the revenue forecast for the next fiscal year a key focus for investors, they added. Tata Consult ...Read More >
MUMBAI: India's auto retail machine roared into record territory in FY2025-26, selling 2,96,71,064 vehicles -- nearly three crore units -- a 13.30 per cent surge year-on-year that left five of six vehicle categories standing at all-time highs. The country is knocking on the door of the three-crore milestone, a figure that would have seemed fanciful just 24 months ago. Then came March 2026: a scorching 26,92,449 units, the highest single month ever recorded, up 25.28 per cent on the year. The Ind ...Read More >
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