Search For "current financial year"
Steel prices set to drop on weak season after two-year rally
Updated : 4 years, 2 months ago IST
New Delhi [India], May 9 (ANI): Steel price, which has risen sharply in the past two years hitting a record high of Rs 76,000 per tonne in April 2022, is set to decline to Rs 60,000 per tonne by the end of the current financial year on weak seasonality with the onset of monsoon, CRISIL Resea
Read More
NMDC's iron ore production and sales rise marginally in April
Updated : 4 years, 3 months ago IST
New Delhi [India], May 3 (ANI): National Mineral Development Corporation Ltd (NMDC) on Tuesday said its production and sales of iron ore rose marginally by around one per cent year-on-year in the first month of the current financial year.
Read More
IMF slashes India's growth forecast for FY23 to 8.2 pc
Updated : 4 years, 3 months ago IST
Washington [US], April 19 (ANI): The International Monetary Fund on Tuesday slashed India's growth forecast for the current financial year 2022-23 (FY23) to 8.2 per cent from its earlier estimate of 9 per cent in January.
Read More
FDI inflows to India may touch $100 billion in 2022-23
Updated : 4 years, 3 months ago IST
New Delhi [India], April 15 (ANI): Foreign Direct Investment (FDI) inflow to India is expected to reach $100 billion in the current financial year supported by various ground touching economic reforms and significant ease of doing business in the recent years, PHD Chamber of Commerce and Ind
Read More
RBI may shift focus to inflation, start hiking policy rates from August
Updated : 4 years, 3 months ago IST
New Delhi [India], April 9 (ANI): The Reserve Bank of India (RBI) has maintained the policy repo rate at a record low of 4 per cent for almost the past two years in order to support economic growth, hit by COVID-19 pandemic. Although in the first policy review of the current financial yea
Read More
Sensex surges 412 points as RBI keeps policy rates unchanged
Updated : 4 years, 3 months ago IST
Mumbai (Maharashtra) [India], April 8 (ANI): The Indian equities markets benchmark Sensex jumped 412 points on Friday led by a strong buying support in the index heavyweight Reliance Industries as the Reserve Bank of India (RBI) kept key policy rates unchanged in its first monetary policy
Read More
RBI raises inflation forecast for FY 2022-23 to 5.7 per cent
Updated : 4 years, 3 months ago IST
Mumbai (Maharashtra) [India], April 8 (ANI): The Reserve Bank of India (RBI) on Friday revised upward the inflation forecast for the current financial year to 5.7 per cent from its earlier projection of 4.5 per cent announced in February.
Read More
RBI cuts real GDP growth projection to 7.2 pc for FY 23
Updated : 4 years, 3 months ago IST
Mumbai (Maharashtra) [India], April 8 (ANI): While maintaining an accommodative stance, the Reserve Bank of India (RBI) on Friday cut the real Gross Domestic Product (GDP) growth projection for the current Financial Year 2022-23 to 7.2 per cent, against the earlier projection of 7.8 per c
Read More
ADB pegs India's economic growth at 7.5 per cent for 2022-23
Updated : 4 years, 3 months ago IST
New Delhi [India], April 6 (ANI): The Asian Development Bank (ADB) on Wednesday said the Indian economy is projected to grow by 7.5 per cent in the current financial year and the growth would accelerate to 8 per cent in 2023-24.
Read More
India overshoots export target; achieves USD 417.8 billion exports in 2021
Updated : 4 years, 4 months ago IST
New Delhi [India], April 3 (ANI): Merchandise exports from India have reached USD 417.8 billion in the current financial year, Union Minister Piyush Goyal informed on Sunday.
Read More
Minister of Youth Affairs and Sports releases funds worth Rs 112.07 cr to
Updated : 4 years, 4 months ago IST
New Delhi [India], March 31 (ANI): Renewal of annual recognition of the National Sports Federations (NSFs) is done after examination of its Constitutions/Memorandum of Associations, with respect to its compliance with the provisions of the National Sports Development Code of India, 2011, and
Read More
PMG reviews 374 infrastructure projects worth Rs 17 lakh crore in 2021-22
Updated : 4 years, 4 months ago IST
New Delhi [India], March 30 (ANI): Project Monitoring Group (PMG), which is responsible to facilitate the resolution of issues in infrastructure projects with investments upward of Rs 500 crore, has reviewed 374 high impact infrastructure projects worth Rs 17 lakh crore in the current financ
Read More