Govt weighs shift to NDP from GDP as key metric of economy

India is looking at Net Domestic Product as a key economic indicator. This move aligns with the United Nations’ SNA 2025 guidelines. NDP accounts for asset depreciation and resource depletion, offering a clearer picture of economic costs. The statistics ministry is preparing for this change, with implementation planned for 2029-30. A revised GDP base year […]

Dabur sees early demand revival after GST-cut disruption

Indian ‍consumer goods maker Dabur said ​on Monday it has seen signs ⁠of demand recovery in the third quarter, after consumers had deferred purchases ahead of the government’s tax cuts that took effect in September.

Kotak Bank Q3 Updates: Net advances jump 16% YoY to Rs 4.8 lakh crore, deposits rise 15%

Kotak Mahindra Bank reported robust Q3FY26 growth, with net advances rising 16% YoY to Rs 4.8 lakh crore and deposits increasing 15% to Rs 5.43 lakh crore. Sequentially, both advances and deposits saw steady improvement. CASA grew 12% YoY, while the stock remained resilient, delivering 19% returns over the past year. The numbers are provisional […]

Torrent Pharma to raise Rs 12,500 crore via issue of NCDs

Torrent Pharmaceuticals plans to raise Rs 12,500 crore through secured, rated NCDs via private placement. The fundraising follows committee approval and comes amid strong stock performance and robust earnings growth in the September quarter.