Wipro Ltd.'s clients in the energy, manufacturing, and resources segment have not dramatically changed their strategies due to the military conflict in West Asia, the company's management told analysts in a post-earnings conference call late Thursday. While some manufacturing clients are looking for ways to secure supply chains, others are keeping a close watch on the input costs and are trying to tighten their budgets in view of the ongoing war. think some of the clients are waiting and watching...they're not dramatically changing their strategy. For example, what they're trying to do, espec

The government has procured 3.66 million tonnes wheat as of mid-April in the 2026-27 rabi marketing season, 48% lower from the previous year due to delayed harvesting and concerns over crop quality across key northern states. Procurement had been negligible at the start of April at 24,000 tonnes, down over 60% on year, according to Food Corp. of India data accessed by Informist.
To improve procurement, the Centre has accepted requests from states and relaxed quality specifications in Rajasthan and Haryana, and will soon ease them in Punjab as well, a government official said, adding that thi

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Steady demand from the banking, financial services, and insurance vertical, sharp depreciation of the rupee against the dollar, and the absence of one-off costs related to new labour code provisions may help Wipro Ltd. report net profit growth for the March quarter, the first in 2025-26 (Apr-Mar). Similarly, the company's top line for the quarter is expected to grow at its fastest pace in over three years, thanks to the two-month revenue contribution from its recent acquisition of the digital transformation solutions business unit of HARMAN International. However, analysts are divided on how

The International Monetary Fund has raised its forecast for India's GDP growth in the current financial year started Apr. 1 by 10 basis points to 6.5%, citing continued momentum from FY26 and lower US tariffs. The reduction in US tariffs on Indian goods to 10% from 50% will also outweigh the adverse impact of the war in West Asia, the IMF said in its April edition of the World Economic Outlook report.
The IMF also raised India's growth forecast for FY28 by 10 bps to 6.5%. The Indian economy grew 7.8% in the December quarter and is projected to grow 7.6% in FY26, according to the government's

ICICI Lombard General Insurance Co. Ltd.’s net profit growth for the March quarter is expected to be the highest in three quarters, driven by robust premium income growth and lower underwriting losses, according to brokerages tracking the insurer.
ICICI Lombard, India’s second-largest general insurance company by market share, is expected to post a net profit of INR 6.39 billion for the March quarter, according to the average of estimates of four brokerages. This would be 25% higher on year and the steepest growth in three quarters. Sequentially, however, the net profit is seen slightly lowe

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Asian Development Bank has projected India's GDP to grow 6.9% in the current financial year, 40 basis points higher than estimated earlier but slower than the 7.6% growth in FY26. The multilateral bank expects the war in West Asia and high energy prices to weigh on India's economic activity and exports and push inflation higher in the near term.Growth is seen moderating this year mainly because of heightened global uncertainty caused by the war in West Asia, higher energy prices, and volatile trade and financial conditions, ADB said in its Asian Development Outlook for April. Growth is expect