Market News
Stay updated with the latest market trends, earnings, and economic indicators.
India's middle class may have little room in the richer housing market
India's residential property market delivered one of its strongest first-half performances in over a decade, with home sales staying near record highs even as growth stabilised. Knight Frank India says premium housing is now driving the market, while affordable homes continue to shrink. Mumbai led sales, Bengaluru posted the fastest growth and NCR remained the weakest market.
Ather Energy shares rally 270% in one year, but Nomura sees 22% more upside. Here’s why
Nomura increased Ather Energy's target price, expecting electric two-wheeler trends to accelerate. The brokerage sees Ather as a top pick to benefit from this EV momentum. New affordable scooter launches and a new plant will address a key market segment. Revenue growth is projected at 54% and 57% for FY27 and FY28. EBITDA is expected to improve, with PAT breakeven anticipated in FY29.
Cultural sensitivity, communication key to strengthening India's medical tourism appeal: IIM experts
Experts highlight cultural sensitivity and communication's importance for international medical tourists. Effective expectation management and communication enhance patient experiences in Indian hospitals. India is a leading medical tourism destination due to advanced healthcare and affordable costs. Hospitals should invest in intercultural communication training for professionals. Bridging cultural gaps improves patient satisfaction and India's market competitiveness.
3i Infotech wins contract from Vedant Consultancy FZ LLC, UAE
3i Infotech Software Solutions L.L.C., 3i Infotech's step down wholly owned subsidiary, has received a order dated 30 June 2026, received on 07 July 2026 from Vedant Consultancy FZ LLC, UAE, for providing IT consulting services in the fields of Robotic Process Automation (RPA), Artificial Intelligence, Machine Learning and Robotics.
Consumer loans hit a record in Q1 amid steep rise in electronic goods prices
Consumer financing reached new highs in the June quarter. This surge was fueled by greater financing of electronics and rising prices. Banks and NBFCs saw significant growth in consumer durable loans. Financing now accounts for a larger share of smartphone sales. Extended financing tenures help keep monthly installments affordable for consumers.
Railway Minister Ashwini Vaishnaw flags off new train services in UP, UK and Maha; announces major rail push
Union Railway Minister Ashwini Vaishnaw launched new train services connecting Nanded to Mumbai and Tanakpur to Nanded, enhancing connectivity for the Sikh community and other regions. He also announced the extension of the Tanakpur-Pilibhit service to Shahjahanpur. The minister highlighted significant railway development over the past 12 years, including track expansion and electrification, with bullet train projects progressing rapidly. Emphasis remains on affordable travel for the common populace.
Healthy credit cycle set to keep NBFCs on growth track in Q1
Non-banking finance companies are poised for a strong April-June quarter, with analysts predicting a 20% rise in assets under management. This growth is fueled by robust loan demand, particularly in affordable housing and microfinance, alongside steady commercial vehicle financing. Despite a traditionally slow start, collection efficiency remains high, and falling bond yields are expected to lower funding costs, promising stable profits and continued loan expansion.
OnCare launches cancer treatment centre in Bengaluru
Bengaluru now has a new cancer treatment centre launched by OnCare, aiming to bring accessible, affordable, and patient-friendly oncology services to the region. Following success in Delhi-NCR, the facility offers comprehensive care including chemotherapy, immunotherapy, and supportive services.
Prices climb, but low loan rates keep homes affordable
Six out of eight major cities within affordability threshold in the first half of 2026; stable employment and income help sustain demand.
Home affordability holds firm despite rising prices: Knight Frank
Homebuyer affordability remains strong across most Indian cities in early 2026, with lower borrowing costs offsetting rising property prices. Ahmedabad leads as the most affordable market, while Mumbai and NCR face affordability challenges. Despite price increases, healthy incomes and supportive financing continue to fuel residential demand, keeping sales near post-pandemic highs.
Tata Power to install solar, battery energy systems across one lakh households in Punjab over three years
Tata Power Solaroof has launched 'Ghar Ghar Solar' in Punjab, aiming to equip one lakh households with rooftop solar and battery systems over three years. This initiative, supported by accessible financing and community programs like 'Mera Gaon, Mera Solar', seeks to boost clean energy adoption. The campaign aligns with government subsidies, making solar power more affordable and promoting self-reliant energy solutions across the state.
Smartwatch-maker Fire-Boltt to enter smartphone market with budget 4G, 5G phones
Indian smartwatch maker FireBoltt is set to launch its Boltt brand of 4G and 5G smartphones in August, targeting consumers priced out by recent hikes. Priced between Rs 12,000-17,000, the company is investing over $50 million, aiming for 0.5-1 million unit sales initially. This strategic move follows a slump in the smartwatch market, with FireBoltt aiming to replicate its wearable success in the affordable smartphone segment.