fy26

The Reserve Bank of India has announced a record Rs 2.87 lakh crore dividend payout to the government for fy26, significantly boosting fiscal space amidst global uncertainties. This substantial transfer, a notable increase from previous years, reflects the central bank's robust financial performance and expanding balance sheet. The decision was made at the RBI Central Board's recent meeting.

India's automobile market surged in FY2025-26, with total vehicle sales reaching nearly 2.83 crore units. Two-wheelers dominated sales, followed by passenger vehicles, commercial vehicles, and three-wheelers. Maharashtra and Uttar Pradesh emerged as top-performing states across multiple segments, highlighting strong regional demand.

Mumbai Port Authority achieved a record 75.15 MMT cargo throughput in fy26, aiming for 80 MMT next. This success, attributed to stakeholders, highlights its significant share in India's major ports and specific cargo segments. Discussions focused on enhancing efficiency, vessel turnaround, and eco-friendly practices to boost maritime trade.

JP Morgan downgraded Tata Steel to neutral citing regulatory cost headwinds in the Netherlands and project delays. Investec maintained a buy on SAIL, impressed by strong Q4fy26 operational performance and positive volume growth outlook. Macquarie retained an underperform rating on Voda Idea, noting a subscriber decline and significant government dues.

PRO FX Tech reported a 37% revenue surge to Rs 177 crore and a 24% net profit increase to Rs 15 crore in fy26. This growth was fueled by strong demand for premium audio products and enhanced execution across retail and business segments, despite macroeconomic headwinds. The company anticipates exceeding Rs 200 crore in revenue this fiscal year.

Tata Steel reported a more than two-fold jump in consolidated net profit to Rs 2,965 crore for the January-March quarter of fy26, driven by strong India operations and improved volumes. For the full fiscal year, net profit surged over three times to Rs 10,885.82 crore, with steel production and deliveries also seeing an increase.

India's export strategy is showing strong results in fy26, with new markets and products driving growth. Ships, telecom instruments, and marine products are leading the charge, alongside a surge in handloom and agricultural exports. This diversification signals a move towards high-value manufacturing and technology, with Asia and Latin America showing significant demand.

Lenskart reported a Q4 profit decline despite a 32% revenue surge to Rs 2,564.7 crore, driven by store expansion and international growth. For fy26, net profit rose to Rs 500.9 crore on Rs 8,988.3 crore revenue. The eyewear retailer is focusing on AI integration and expanding its omnichannel presence.

Despite global economic headwinds from Middle East turmoil, India's economy is projected for stable growth through fy26 and FY27, with SBI forecasting around 7.5% for fy26. Resilient domestic demand, strong credit expansion, and broad-based improvements in high-frequency indicators support this optimistic outlook, though external vulnerabilities like oil prices and currency movements remain key concerns.