By Binnypriya Singh , 5 February 2026

Mobikwik, one of India’s leading digital payments platforms, announced a net profit of Rs 4 crore for the third quarter of fiscal year 2025 (Q3 FY25), reflecting steady growth in transaction volumes and operational efficiencies. The performance underscores the company’s resilience in a competitive digital payments landscape, driven by increased adoption of mobile wallets, UPI-based transactions, and merchant partnerships.

By Eknath Deshpande , 5 February 2026

Natco Pharma has received approval from the United States Food and Drug Administration (USFDA) for its latest oncology drug, marking a significant milestone in the company’s global expansion strategy. The approval not only underscores Natco’s research and development capabilities but also enhances access to cutting-edge cancer therapies in international markets. Industry experts note that the USFDA nod opens a substantial revenue stream for the Hyderabad-based firm while reinforcing India’s position in the global pharmaceutical landscape.

By Eknath Deshpande , 5 February 2026

India’s Unified Payments Interface (UPI) has achieved a record-breaking milestone, with transactions reaching Rs. 230 lakh crore, reinforcing the nation’s rapid shift toward digital payments. The surge reflects growing adoption across urban and rural centers, facilitated by government initiatives, fintech innovations, and increased smartphone penetration. Analysts note that UPI’s interoperability, convenience, and real-time processing have made it the preferred mode for retail, peer-to-peer, and merchant payments.

By Sachman Kochar , 5 February 2026

National Mineral Development Corporation (NMDC), India’s largest iron ore producer, reported a decline in net profit for the third quarter to Rs. 1,747 crore, reflecting weaker commodity prices and operational pressures. The slowdown in global and domestic steel demand, coupled with higher input and logistics costs, weighed on profitability. While NMDC continues to benefit from its strategic position in India’s mineral sector, analysts highlight the need for efficiency measures, cost management, and market diversification to navigate cyclical challenges.

By Gurjot Singh , 5 February 2026

Bharat Coking Coal Limited (BCCL), a subsidiary of Coal India Limited, reported a net loss of Rs. 22.8 crore for the third quarter, reflecting operational challenges in the coal mining sector. The decline is attributed to subdued coal demand, rising production costs, and disruptions in supply chains affecting profitability. Despite strong domestic energy requirements, high input costs and regulatory pressures have weighed on margins.

By Binnypriya Singh , 5 February 2026

India’s exports to the United States are expected to see substantial growth in the coming years, according to Finance Minister Nirmala Sitharaman. Speaking at a recent trade and investment forum, she highlighted India’s expanding manufacturing capabilities, strategic trade partnerships, and rising competitiveness in sectors such as pharmaceuticals, IT services, textiles, and engineering goods.

By Binnypriya Singh , 4 February 2026

India’s Finance Minister has emphasized the government’s commitment to sustaining a robust 7–8% economic growth trajectory, signaling strategic policy measures to support investment, consumption, and fiscal prudence. The roadmap focuses on infrastructure expansion, digital economy promotion, and sectoral reforms, aiming to enhance productivity and competitiveness. Policymakers are prioritizing fiscal discipline, targeted capital allocation, and investor confidence to ensure growth is inclusive and resilient amid global uncertainties.

By Sachman Kochar , 4 February 2026

Paytm, India’s leading fintech platform, has demonstrated strong revenue growth coupled with sustained profitability, signaling resilience in the digital payments and financial services sector. The company’s latest financial performance reflects a combination of expanding merchant and consumer base, diversified service offerings, and improved operational efficiencies. Analysts view this trajectory as a testament to Paytm’s ability to capitalize on India’s accelerating digital economy while navigating regulatory and competitive pressures.

By Gurjot Singh , 4 February 2026

Marri Retail has announced plans for a fresh issue of Rs 522 crore as part of its upcoming initial public offering (IPO), signaling the company’s intent to raise capital for expansion and working capital requirements. Analysts note that the move reflects confidence in investor appetite for retail-focused enterprises amid a recovering consumer sector. The fresh issue will supplement existing shares offered in the IPO, providing Marri Retail with resources to strengthen its supply chain, store network, and digital initiatives.

By Tushar Sharma , 4 February 2026

Apple has emerged as the leading player in India’s smartphone market by value, underscoring its dominance in the premium segment despite a smaller market share by volume. Driven by the strong performance of the iPhone 15 series and robust demand for higher-end models, Apple’s revenue has surged in a market increasingly shifting toward premium smartphones.