Why did India’s industrial growth slow down in September 2025?
The Index of Industrial Production (IIP) growth for September 2025 moderated to 4.0%, the slowest pace in three months. According to MOSPI, this compared to 4.12% in August 2025. While core sector growth halved, manufacturing remained the bright spot, growing 4.8% in September versus 3.8% in August. However, mining and electricity output slowed. Analysts attribute the stability in IIP to the positive spill-over of recent GST rate cuts.
What’s behind the rift at Tata Trusts over Mehli Mistry’s reappointment?
There is turmoil within the Tata Trusts as a majority of trustees have reportedly opposed the reappointment of Mehli Mistry. Noel Tata, Venu Srinivasan, and Vijay Singh voted against his continuation. Ironically, Srinivasan’s nomination had been proposed by Mistry himself. Tata Trusts, which control 66% of Tata Sons, could see legal challenges ahead as Mistry is expected to contest the decision.
Could PSU banks see a rally if the FDI limit is lifted?
Reports suggest the government may raise the FDI limit in PSU banks to 49%. If implemented, the top six PSU banks could witness a 30% rally from current levels and attract $3.98 billion in passive and active foreign flows, as estimated by Nuvama. The banks include SBI, BOB, PNB, Canara Bank, Union Bank, and Indian Bank — all part of the MSCI index. The government has not yet formally confirmed the policy move.
Why are investors avoiding premature redemption of Sovereign Gold Bonds?
The RBI announced the premature redemption price for the SGB 2020-21 Series-I at ₹12,198 per gram. Although eligible for redemption after five years, most investors prefer to hold till maturity to enjoy tax-free long-term capital gains and potential upside in gold prices. The government aims to gradually unwind its SGB liabilities, but investors remain bullish on gold.
What’s the GDP outlook for India in FY26?
The Finance Ministry projects that India’s GDP growth will remain robust in FY26, supported by domestic demand, a good Kharif harvest, easing inflation, and monetary support. GST rate cuts have boosted consumption across rural and urban India. After a strong 7.8% GDP growth in Q1FY26, the RBI has raised its full-year growth forecast to 6.8%, indicating confidence despite global tariff pressures.
Why can’t Oil India repatriate its Russian dividends?
Oil India faces a $300 million hurdle as it is unable to transfer dividends from its Russian oil investments due to US sanctions. The company holds stakes in sanctioned Russian oil fields and is seeking legal guidance. While the funds remain safe, remittance to India is restricted until sanctions are lifted. Many Indian refiners have already reduced Russian oil imports amid growing compliance risks.
How did TVS Motor perform in Q2FY26?
TVS Motor reported a sharp 41.9% yoy jump in net profits to ₹796 crore for Q2FY26. Revenues rose 25.4% to ₹14,051 crore, while EBITDA surged nearly 40% to ₹1,509 crore, pushing margins up to 12.7%. The company sold 15.07 lakh units during the quarter, including 80,000 EVs — up 7.5% yoy. The strong showing highlights TVS’s operational discipline and product diversification success.
How did Tata Capital fare after its stock market debut?
Recently listed Tata Capital reported Q2FY26 profits of ₹1,097 crore, up 2% yoy, on revenues of ₹7,737 crore. Despite healthy AUM growth to ₹2.44 lakh crore, higher operating expenses led to a 79-bps decline in profit margins to 14.18%. Asset quality remains strong with gross NPAs at 1.6% and net NPAs at 0.6%. The company is tightening collections, particularly in its motor finance segment.
