India research
Deep-dive research on Indian companies, plus the policy and regulatory decisions that move them.
148 articles, newest first · page 3 of 17
Policy Pulse - Ministries & Regulators - 07 Oct 2026
The RBI hiked the repo rate 25 basis points to 5.50 percent, changed its stance to calibrated tightening and revised FY27 GDP up 40 basis points to 7.1 percent, sending the Sensex down 429 points to 72,638.70 - negative for LICHSGFIN, PNBHOUSING, DLF and MARUTI but positive for HDFCBANK, ICICIBANK and SBIN on net interest margin. The 57th GST Council slipped a second time to October 8 with a proposed 17-day export refund clock, positive for SUNPHARMA, CIPLA and INFY, SEBI exempted eligible AA-minus issuers from the merchant-banker requirement on private-placement debt, positive for PFC, RECLTD and BSE, and L&T won a 5,000-10,000 crore main-plant notice to proceed for the 2x800 MW Chandrapura thermal project.
Policy Pulse - Modi / India Govt - 07 Oct 2026
PM Modi inaugurates India Mobile Congress 2026 on October 8 at Yashobhoomi and met the GSMA board, with Starlink declaring its India launch ready after building 20 gateway sites, a mixed signal for BHARTIARTL and IDEA and a positive for INDUSTOWER, TEJASNET and HFCL on densification and backhaul. Modi and Swiss President Parmelin address the second India-EFTA Prosperity Summit with the USD 100 billion TEPA investment target, the direct read-through for NESTLEIND and ABB. The Rural Development Ministry notified 375 permissible works under VB-G RAM G in a 41 percent expansion supporting PNCINFRA, HINDUNILVR and M&M.
Policy Pulse - Ministries & Regulators - 06 Oct 2026
The Ministry of Defence signed a Rs 661.50 crore BrahMos fire-control and launcher contract for Indian Navy ships at a minimum 68% indigenous content - BEL and LT are the inferred beneficiaries because PIB names no listed company. The RBI decides rates tomorrow with a 25 basis point hike to 5.50% near-fully priced, the 57th GST Council was rescheduled for a second time to October 8, and SEBI is reported to be partly reversing the Closing Auction Session for derivatives settlement, a positive for BSE, ANGELONE and MOTILALOFS. Trent's 23% Q2 revenue beat drove a 12.6% surge to a Rs 1.5 trillion market cap while Coal India and Tech Mahindra led the day's losses as the Sensex closed 685 points higher at 73,067.81.
Policy Pulse - Modi / India Govt - 06 Oct 2026
The Cabinet approved a Rs 10,000 crore SME Growth Fund to supply patient growth equity to high-potential SMEs - BSE, SBIN and CHOLAFIN are the inferred beneficiaries - and cleared the Integrated Transport and Logistics Authority as an SPV that will write a long-term National Transport Plan and appraise every government infrastructure project worth Rs 500 crore or more, a positive read-through for LT, IRB and CONCOR. The World Bank raised India's FY27 growth forecast 50 basis points to 7.1%, and the primary market stayed open with SRIT India listing at a 13.85% premium while AceVector debuted at an 11.5% discount.
Policy Pulse - Ministries & Regulators - 05 Oct 2026
The RBI's MPC opened a three-day meeting with roughly 60% of polled economists expecting the first repo hike since February 2023 - a 25bp move to 5.50% on October 7 that would pressure LICHSGFIN, DLF and MARUTI - while the 57th GST Council meets the same day with a pre-announced compliance, refunds and ITC package that is positive for SUNPHARMA, WELSPUNLIV and PAYTM. SEBI's Project Jagrook went live on every broker website today, and the Rs 80,000 crore Project-75(I) submarine programme with TKMS reached final approval stage as the clearest single positive for MAZDOCK.
Policy Pulse - Modi / India Govt - 05 Oct 2026
PM Modi and Swiss President Guy Parmelin signed five agreements at Hyderabad House on Monday, pairing expanded market access for Indian agriculture, pharma, textiles and engineering goods with a $100 billion EFTA investment target and fresh channels in biotech, life sciences, banking and insurance - a positive read-through for SUNPHARMA, WELSPUNLIV and NESTLEIND - alongside a Migration and Mobility Partnership and a Young Professionals Agreement. The PMO named no company, so every mapping here is inferred and confidence-marked. Forward catalyst: Chennai Metro Phase II's first 14 km on October 11.
Policy Pulse - Ministries & Regulators - 02 Oct 2026
India is in the final stages of approving a ₹80,000 crore Project-75(I) submarine deal with Germany to be built by MAZDOCK with ThyssenKrupp, while the MoD inked a ₹810.79 crore SAT-SAAW contract with BDL. September power shortages hit a three-year high at 560 million kWh, and the Section 11 order forcing 112 private captive coal plants to run flat out and sell into exchanges is now live — positive for COALINDIA, NTPC and TATAPOWER. September GST rose 14.7% to ₹2,03,521 crore but on a record-high import share, and RBI eased bank shareholding norms for mutual funds, insurers and pension funds.
Policy Pulse - Modi / India Govt - 02 Oct 2026
GOBARdhan, the ₹23,731 crore National Unified Scheme for Compressed Biogas approved by the Cabinet chaired by PM Modi on August 6, was launched on October 1 with a ten-year runway to raise CBG output tenfold to about 5 MMSCMD at an administered price of ₹2,110 per MMBTU — a structural positive for GAIL, IGL, MGL, ATGL and PRAJIND. The People's Plan Campaign 2026-27 launched on Gandhi Jayanti, PM Modi paid tributes at Rajghat and spoke to flydubai hero Captain Smit Machchhar, and Putin praised the PM's Ukraine peace effort. India's markets were closed for Gandhi Jayanti after an eighth straight weekly loss, the longest in 25 years.
Policy Pulse - Ministries & Regulators - 01 Oct 2026
The Finance Ministry cut the diesel and ATF export levy for a second fortnight, positive for IOC, BPCL and RELIANCE, as GST crossed Rs 2 lakh crore for a third month and the manufacturing PMI hit a seven-month high of 55.1. SEBI cleared corporate bond index futures for the NSE, the AMCA prototype RFP closed on 30 October with LT, BEL, BHARATFORG, BEML and DATAPATTNS named in the three shortlisted consortia while HAL did not qualify, and the rupee closed at 96.31 into a live RBI hike risk on October 7.