Topic
quarterly report
Logistics Norfolk Southern Q2 Earnings Beat Forecasts as Freight Demand and Fuel Surcharges Rise
Norfolk Southern posted second-quarter 2026 results that exceeded Wall Street expectations, driven by stronger freight demand and higher fuel surcharges. Adjusted profit was $3.52 per share versus a consensus of $3.31, and operating income rose 11% year-over-year to $3.5 billion. The railroad continues to benefit from improved pricing power across key freight categories.
Business India's mid-income housing volumes rise 8% q-o-q, 16% y-o-y: Elara Capital report
India's mid-income housing segment (₹10-30 million ticket size) grew 8% q-o-q and 16% y-o-y in Q4 FY26, according to an Elara Capital report. Luxury housing rose 12% q-o-q, while affordable housing slumped 7% q-o-q and 21% y-o-y. Tier-I cities saw 4% q-o-q absorption growth, led by Bengaluru and Kolkata. Listed developers gained market share, with presales up 21% y-o-y.
Business India's GDP Growth Slows Amid Global Challenges
India's GDP growth is projected to have slowed to 7.2% in Q1 2026, impacted by weaker external demand and industrial activity. Despite challenges, India remains the fastest-growing major economy, with services growth expected to stay robust.