Despite RBI’s confidence in maintaining a 6.5% GDP growth for FY26 and projecting 6.6% for Q1 FY27, HSBC Mutual Fund’s Shriram Ramanathan expresses caution. He acknowledges tailwinds from rural consumption and resilient services but notes concerns about urban discretionary spending and tepid private capex. Ramanathan emphasizes the need for policymakers to balance growth confidence with macro stability amid global uncertainties.
Tata Capital Q1 Results: Net profit jumps 56% YoY to Rs 1,547 crore, revenue up 15%
Tata Capital announced a substantial net profit increase of over 56 percent. Revenue from operations also saw a healthy rise of more than 15 percent.