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While the CEA estimated only a 10-20% probability of the risk playing out, the occurrence coinciding with geo-political tensions could have consequences worse than the 2008 global financial crisis
German software company SAP's 2026 cloud revenue forecast failed to meet market expectations on Thursday and the company's shares fell by 15%, marking their steepest one-day decline since October 2020.
Adjusted Ebitda losses of Instamart widened to ₹908 crore during the quarter compared to ₹578 crore in the year-ago period as it stepped up spending on marketing and customer-facing experiments such as Maxxsaver, and on a greater assortment of products.
Paytm kept revenue momentum intact while reining in costs, lifting operating revenue 20% to Rs 2,194 crore.
Dixon Technologies reported a sharp Q3 slowdown as mobile segment revenues fell 27% and operating profit dropped 26% amid weak smartphone demand and rising memory costs. Overall revenue grew marginally, while net profit jumped on a one-time stake sale gain.
The Survey projected the GDP growth in the range of 6.8 to 7.2% in 2026-27, a tad lower than 7.4% estimated in the current fiscal
Orient Cement’s Q3 net profit surged 2.78 times to ₹27.8 crore, while revenue remained steady at ₹636 crore. EBITDA rose 54.5% to ₹89.9 crore, with margins expanding over 500 bps to 14.1% from 9% year-on-year.
Big Tech earnings so far this week have sent a clear warning: investors are willing to overlook soaring spending on artificial intelligence if it fuels strong growth, but are quick to punish companies that fall short.
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