India Inc's spirits in Q3FY26 remained low.
NBCC stock fell 1.45% to Rs 102.80 in early deals. Market cap of the firm slipped to Rs 27,866 crore.
While every segment seems to be growing, data suggests that growth is higher in the compact SUV space compared to hatchbacks, says Hyundai Motor India MD & CEO Tarun Garg.
Pidilite Industries has delivered a strong performance in the third quarter, beating Street expectations on profit, revenue and operating margins. The company reported a net profit of ₹623.84 crore, up 11.9 per cent year-on-year, while revenue rose 10.1 per cent to ₹3,709.9 crore, both marginally above CNBC-TV18 poll estimates. EBITDA grew 12 per cent to ₹894.4 crore, with margins improving to 24.1 per cent. In this interview, Managing Director Sudhanshu Vats discusses the key drivers behind the double-digit growth, demand trends across B2B and consumer segments, the impact of GST 2.0, favourable monsoon expectations, and how infrastructure and urbanisation push in the Union Budget could support future growth, while also flagging risks from global geopolitical developments.
While focus stayed on direct taxes, experts said the customs and excise proposals signal a push to ease trade, boost certainty and align tariffs with the ‘Viksit Bharat’ vision.
In Business Today's market update, anchor Shailendra Bhatnagar highlights the explosive rally on D-Street following the overnight India-US trade deal announcement. Nifty surges 675 points, Bank Nifty +1,500; realty and auto sectors gain 3-5%+, with broad advances and strong volume. Guest Amit Goel (Co-founder, Pace360 PMS), previously cautious on equities, shifts bullish short-term. He calls the US deal (tariffs down to 18%) + recent EU FTA major tailwinds, ending 18-month underperformance vs. Korea, China, Japan. Combined with GST relief benefits flowing into Q4, he sees a "sweet spot" rally through April/May, with mean reversion favoring India. Strategy: Currently 20% equity; plans to add to 40-50% on dips till mid-March (Nifty Next 50, private banks, defense, select export plays like seafood/textiles, chemicals/pharma). Favors large caps over mid/small caps. Avoids overvalued micro/small caps and commodities after precious metals bubble peak (expects gold/silver relief rally to $52-54k/$100). Long-term outlook cautious (US recession risk), but tactical bullish now.
Distributors say cigarette packs are now costlier by at least Rs 22–25 for every pack of 10 sticks, with premium and longer variants witnessing even steeper hikes. While manufacturers are yet to officially notify revised maximum retail prices (MRPs), the increase is already evident on the ground.
Union Budget 2026: Strong economic growth as a pillar of Vikasit Bharat remains the watchword of the Modi Government, writes Shashwat Goenka, Vice Chairman RPSG Group
Union Budget 2026: Budget focusses on growth priority through investments, fiscal deficit trajectory
Union Budget 2026: Some MSME entrepreneurs were disappointed by the absence of any income tax relief and no incentive scheme, similar to the production-linked incentive scheme available to large companies
In conversation with Business Today Karishma Asoodani, Ravi Agarwal, Chairman, CBDT, and Vivek Chaturvedi, Chairman, CBIC, share key insights on the Union Budget 2026. The discussion focuses on direct and indirect tax reforms, revenue mobilisation, compliance simplification, customs and GST policy direction, and the government’s approach to strengthening the tax ecosystem. Both officials outline how Budget 2026 aims to improve ease of doing business, enhance transparency, support growth, and ensure a stable and predictable tax framework amid evolving economic conditions.





