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The total income of Reliance Industries, the country’s largest company in terms of market value, in the third quarter of the financial year 2025-26 was Rs 2.74 lakh crore. This is about 1% more than last year. In the same quarter last year, the company had earned Rs 2.48 lakh crore. If expenses like employee…
New Delhi: Indian Railways has utilised 80.54 per cent of its allocated capex in the first three quarters of the current fiscal (FY26) at the end of December, which is Rs 2,03,138 crore of the total Gross Budgetary Support (GBS) of Rs 2,52,200 crore, the government said on Monday. This represents a 6.54 per cent…
New Delhi: US tech giant Apple achieved a major milestone under India’s smartphone production‑linked incentive (PLI) scheme, with the company’s iPhone exports crossing $50 billion by December 2025, industry data showed. The figure is expected to rise further, with three months still remaining in Apple’s five‑year PLI window. In the first nine months of FY26,…
New Delhi: Smartphone exports from India grew strongly in August, rising 39 per cent to about $1.53 billion compared to $1.09 billion in August 2024, according to new data from the India Cellular & Electronics Association (ICEA) on Wednesday. The industry body clarified that contrary to recent claims of a slowdown, exports have in fact…
Mumbai: IDFC First Bank’s net profit for the first quarter of the current financial year (Q1 FY26) stood at Rs 453.47 crore, down 29 per cent year-on-year, the private sector bank said in an exchange filing on Saturday. The private sector lender had posted a consolidated net profit of Rs 642.64 crore in the corresponding…
New Delhi: Healthy farm incomes should provide support to rural incomes next fiscal (FY26) and lower inflation and scope for reduced interest rates should improve purchasing power for discretionary spending in India, a report showed on Wednesday. This fiscal, real private consumption growth revived to 7.3 per cent from 4 per cent last fiscal. “What’s…