GDP growth surprises on the upside, expands 7.8% in Q1FY27
Strong investment, resilient consumption and robust manufacturing and services activity lift Q1 growth, while a better monsoon outlook supports optimism for 7% GDP growth in FY27.
Top News
Bank gold loans set for further growth, backed by conservative lending
Gold loans are growing much faster than overall bank credit, with rising gold prices, conservative LTVs and strong collateral buffers supporting the segment despite risks in income-generating loans.
Online shopping drives credit card spends to Rs 2.08 lakh cr in July: Equirus
E-commerce spending per credit card stood at ₹10,772 in July, significantly higher than POS spending, while the total credit card base crossed 12.29 crore.
Bank profitability may moderate in FY27 despite strong credit growth: Ind-Ra
Ind-Ra expects bank credit growth to rise to 15% in FY27, while higher funding costs, muted margins and rising credit costs could weigh on profitability.
Indian securitisation market set to stay resilient as asset mix widens
A wider asset mix, rising gold loan securitisation and stronger transaction safeguards are expected to support the Indian market, even as unsecured business loan delinquencies remain a concern.
India’s housing market turns premium as affordable segment loses ground: CareEdge
Developers are increasingly favouring premium and luxury homes as rising costs, affordability pressures and stronger affluent demand reshape India’s housing market.
Rakhi 2026: Gold, cash or SIP? What is the smartest financial gift for your sister?
Cash, gold, SIPs or fixed deposits—here’s how to choose a Rakhi gift that goes beyond the festive moment and can add to your sister’s financial security.
Gold breaks above $4,650 as Fed signals, Iran sanctions keep metals in focus
Gold’s third straight weekly gain comes as softer yields and a weaker dollar support bullion, while Iran sanctions and oil prices could determine the next move for metals.
Govt cannot force private landowners to sell land for acquisition: Allahabad HC
The Lucknow bench of Allahabad HC said the government must follow the statutory land acquisition process if private landowners do not voluntarily agree to sell their property.
PSU banks offer highest alpha potential over medium term: Omniscience Capital
PSU banks stand out for strong balance sheets, double-digit growth and valuations below intrinsic value, while expensive consumer and hotel stocks remain less attractive.
