Oil & Natural Gas Corp. Ltd (ONGC) posted rather muted December quarter (Q3) results, impacted by the continued drop in crude oil prices and stagnant volumes. Higher gas realization, though, brought some comfort. Standalone EBITDA declined by 9% year-on-year to ₹17,300 crore, while revenue fell 6% to ₹31,500 crores. Consolidated revenue was flat at ₹1.67…
Historically, infrastructure has remained a budget favourite, and expectations this year point towards another meaningful push that could set the tone for stocks linked to roads, railways, construction, and cement. Market expectations currently center on a 10-15% increase in capital expenditure, reinforcing the long-term intent outlined in the National Infrastructure Pipeline. Roads, railways, urban infrastructure,…
The Union Budget for FY26-27 is expected to maintain a strong focus on infrastructure spending and structural reforms, even as global geopolitical uncertainty, trade tensions with the US, and slowing private investment pose fresh challenges, according to a report by PL Capital. India enters the Budget season retaining its position as the world’s fastest-growing large…
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…
After years of aggressive hoarding, Indian corporations are finally dipping into their cash reserves to fund strategic acquisitions and record shareholder payouts. However, with capacity utilization remaining stubbornly low, the long-awaited private investment cycle continues to take a backseat. Source
