Industry Trends

Budget 2026: India Inc seeks GST-style simplification in customs duty structure

As Budget 2026 discussions ramp up, Indian businesses are gearing up for transformative shifts in customs duties. They are advocating for a seamless framework akin to GST, aiming to enhance trade efficiency and expedite dispute resolution. Their requests include a consolidated clearance window, expedited timelines for Authorized Economic Operator (AEO) certification, and a more efficient customs investigation protocol.

Industry Trends

India set for cyclical earnings upswing, may outperform EM peers despite valuation concerns: Jonathan Garner, Morgan Stanley

India may enter a cyclical earnings upswing and outperform emerging market peers over the next two years, says Morgan Stanley’s Jonathan Garner. Despite valuation concerns and FII outflows, easing policy, capex revival and stronger earnings growth could drive a reversal in investor sentiment, with financials, industrials and consumption stocks seen as key beneficiaries.

Industry Trends

PNB Q3 Results: Standalone PAT rises 13% YoY to Rs 5,100 crore; NII drops 4.5%

Punjab National Bank has announced a significant 13 percent rise in its net profit for the third quarter ending December 2025. The bank's net profit reached Rs 5,100 crore. This marks a substantial improvement compared to the previous year. Asset quality also saw positive movement with a reduction in gross and net non-performing assets ratios.