November 3, 2026
Home Posts tagged Indian Economy
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Shares of Reliance Industries surged 11.6% on Monday, recording their strongest single-day performance in more than six years. The rally followed better-than-expected quarterly results, with the company reporting a 40.6% increase in net profit to ₹25,548 crore for the September quarter. Stronger refining and petrochemical margins played a major role in driving the earnings Continue Reading
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Indian logistics company Delhivery reported a consolidated net profit of ₹406.4 million ($4.3 million) for the quarter on Friday, October 30, compared with a loss of ₹503.8 million during the same period last year. The turnaround was supported by strong performance in its express parcel shipping segment. The company’s transport vertical, which contributes nearly 86% Continue Reading
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Indian apparel manufacturer Gokaldas Exports plans to nearly double Europe’s share of its exports over the next three to five years as it seeks to reduce dependence on the United States. Europe currently accounts for around 15% of the company’s exports, but the Bengaluru-based supplier aims to increase this to approximately 25%–30%, according to Vice-Chairman […]Continue Reading
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India has proposed changes to its employment survey to improve data on gig workers and include unpaid household activities, the statistics ministry said on Friday. The revisions come amid concerns over whether official employment figures accurately reflect underemployment and job quality in the country. India’s headline unemployment rate currently stands at 5%, but Continue Reading
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Gujarat, India’s leading industrial state, has urged factories to reduce electricity consumption during evening peak hours as rising demand and low coal stocks at power plants put pressure on energy supplies. According to Reuters on October 21, 2026, the state utility Uttar Gujarat Vij Company has asked industries and residents to conserve electricity between 5 […]Continue Reading
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India may increase petrol and diesel prices in November, according to Alexandra Hermann Prasad, lead economist at Oxford Economics. The move could provide a limited opportunity to raise fuel prices before campaigning intensifies for key state elections early next year. The proposed hike could be around half the cumulative 7.5% increase implemented in May in […]Continue Reading

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