Budget 2026: Fiscal focus likely less on deficit as Center pivots to debt targeting from FY27: BofA

India’s fiscal policy is expected to be less contractionary from FY27 as the Center prepares to pivot from a fiscal-deficit-focused approach to a debt sustainability framework, brokerage BofA Securities has noted in a pre-Budget note. The shift, which will greater flexibility in public finances, comes as the government remains on track to meet its medium-term…

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Budget 2026: From PM-KISAN to Seed Law – What’s in store for agriculture stocks

The upcoming Budget 2026 presents a chance to enhance long-term resilience via specific initiatives in the agriculture sector, according to experts. Allocations for agriculture have increased consistently from ₹21,933 crore in FY 2013-14 to more than ₹1.27 lakh crore today, as per reports. Experts believe that key priorities encompass sustainability, digital infrastructure, and shrimp exports,…

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Cables and wires save the day for Havells in Q3

Havells India Ltd’s consolidated revenue for the December quarter (Q3FY26) grew 14% year-on-year to ₹5,588 crore, but net profit growth was slower at 8% to ₹300 crores. An exceptional charge of ₹Rs 45 crore related to labor law adjustments hit earnings. The cables and wires segment was the showstopper in Q3, contributing 40% of total…

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RAPT Therapeutics stock surges 63% in pre-market trade on Nasdaq after GSK’s $2.2 billion acquisition deal

US-based biopharmaceutical company, RAPT Therapeutics’ stock surged more than 63% during the pre-market trading session on the US stock market’s Nasdaq after GSK Plc announced its $2.2 billion equity value acquisition deal, according to the official filing. On Tuesday, 20 January 2025, GSK Plc announced that the company had signed a definitive agreement to potentially…

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Budget 2026 playbook: Capex stocks or consumption themes — Where should portfolios lean?

Budget 2026: As the Union Budget 2026 approaches, the familiar debate between capital expenditure and consumption has resurfaced. Finding the right portfolio mix ahead of the mega event is crucial for investors as it could influence the overall return. Finance Minister Nirmala Sitharaman will unveil the government’s fiscal roadmap for the next financial year on…

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