FY26 Archives - India Podcast https://indiapodcast.com/tag/fy26/ Audio-Video-Text Tue, 14 Oct 2025 11:17:06 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.3 https://indiapodcast.com/wp-content/uploads/2026/05/cropped-favicon-32x32.png FY26 Archives - India Podcast https://indiapodcast.com/tag/fy26/ 32 32 ICICI Prudential Q2 Profit Slightly Down https://indiapodcast.com/icici-prudential-q2-profit-slightly-down/ Tue, 14 Oct 2025 11:17:06 +0000 https://www.indiapodcast.com/?p=19471 ICICI Prudential Life Insurance reported a 1.72 per cent decline in its net profit for Q2 FY26 at Rs 295.8 crore. The figure stood at Rs 300.99 crore in the same quarter last year. However, on a year-on-year basis, profit rose 18 per cent from Rs 251 crore, supported by higher premium income and improved […]

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]]> ICICI Prudential Life Insurance reported a 1.72 per cent decline in its net profit for Q2 FY26 at Rs 295.8 crore. The figure stood at Rs 300.99 crore in the same quarter last year. However, on a year-on-year basis, profit rose 18 per cent from Rs 251 crore, supported by higher premium income and improved margins.

The company’s annualised premium equivalent (APE) fell 2 per cent to Rs 2,450 crore from Rs 2,500 crore. Despite this, gross premium income grew 19 per cent to Rs 13,320 crore, driven by steady retail business growth. Total premium income rose 10 per cent to Rs 12,297 crore during the quarter, while the Value of New Business (VNB) increased slightly to Rs 592 crore. The VNB margin improved to 24.4 per cent, reflecting better profitability.

In product mix, linked savings formed 48 per cent of APE, while non-linked savings and protection contributed 22 and 19 per cent respectively. Retail protection APE rose 2.4 per cent, and annuity APE increased 11.8 per cent. Agency and direct channels both reported 23 per cent growth, while bancassurance APE dropped 21 per cent.

Operational efficiency also improved, with the cost-to-total premium ratio for savings declining to 17.7 per cent. The company’s solvency ratio stood at 213.2 per cent, and AUM reached Rs 3.21 lakh crore. Following the results, ICICI Prudential shares rose 3 per cent to Rs 610.65 on the BSE.

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]]> World Bank Raises India’s FY26 Growth Forecast https://indiapodcast.com/world-bank-raises-indias-fy26-growth-forecast/ Tue, 07 Oct 2025 09:14:02 +0000 https://www.indiapodcast.com/?p=16749 India will remain the world’s fastest-growing major economy, according to the latest World Bank report. The country’s strong consumption growth, better farm output, and rising rural wages are driving this momentum. The World Bank increased India’s GDP forecast for FY26 to 6.5%, up from 6.3% projected in June. The rise comes from resilient domestic demand, […]

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]]> India will remain the world’s fastest-growing major economy, according to the latest World Bank report. The country’s strong consumption growth, better farm output, and rising rural wages are driving this momentum.

The World Bank increased India’s GDP forecast for FY26 to 6.5%, up from 6.3% projected in June. The rise comes from resilient domestic demand, tax reforms, and strong rural recovery. Bangladesh’s growth is pegged at 4.8%, while Bhutan’s estimate fell to 7.3% due to hydropower delays. Growth in Maldives is expected at 3.9%, and Nepal may slow to 2.1% amid unrest.

Sri Lanka’s forecast has been upgraded to 3.5%, supported by tourism and service exports. South Asia’s overall growth is projected at 6.6% in 2025 but may ease to 5.8% in 2026 due to global and regional risks, including trade uncertainty and AI-related disruptions.

World Bank Vice President Johannes Zutt urged South Asian nations to address risks and embrace AI for productivity gains. The report also advised reforms to boost jobs, improve connectivity, and expand safety nets for workers affected by technology shifts.

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