Search For "current financial year"
North Central Railway records highest ever growth in freight revenue in Q1
Updated : 5 years ago IST
New Delhi [India], July 6 (ANI): Despite the ongoing COVID-19 situation, North Central Railway (NCR) recorded the highest ever growth in loading and collection of freight revenue during the first quarter of the current financial year 2021-22.
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HDFC Bank reports 14 pc credit growth in Q1
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], July 5 (ANI): HDFC Bank on Monday reported 14 per cent year-on-year growth in its loan book during the first quarter of current financial year (Q1 FY22) despite second wave of coronavirus pandemic.
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Ind-Ra lowers FY22 GDP growth forecast to 9.6 pc due to Covid 2.0
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 26 (ANI): India Ratings and Research (Ind-Ra) has said its earlier estimate of gross domestic product (GDP) growth at 10.1 per cent for the current financial year (FY22) is unlikely to hold due to the speed and scale of Covid 2.0.
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Auto component suppliers to see 70 pc dip in Q1 profits: ICRA
Updated : 5 years, 1 month ago IST
New Delhi [India], June 22 (ANI): Auto component suppliers are likely to witness over 70 per cent decline in operating profits during first quarter of current financial year (Q1 FY22) due to Covid 2.0 lockdown restrictions, investment information firm ICRA said on Tuesday.
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Oil prices in India a reflection of what's happening globally, says CII ch
Updated : 5 years, 1 month ago IST
New Delhi [India], June 17 (ANI): Following the Confederation of Indian Industry's projection that India's GDP is expected to grow at 9.5 per cent in the current financial year, CII president TV Narendran said the increase in petrol and diesel prices in the country was a reflection of what i
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CII projects FY22 GDP growth at 9.5 pc
Updated : 5 years, 1 month ago IST
New Delhi [India], June 17 (ANI): The Confederation of Indian Industry (CII) said on Thursday the country's gross domestic product (GDP) is expected to grow at 9.5 per cent in the current financial year (FY 2021-22).
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India's bank privatisation plans can face hurdles amid Covid: Fitch
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra), June 7 (ANI): The Indian government's plan to privatise two state-owned banks in current financial year (FY22 ending March 2022) can face delays amid renewed challenges for banking sector, Fitch Ratings said on Monday.
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Confident enough that all will revise their GDP growth projection to 10-10
Updated : 5 years, 1 month ago IST
New Delhi [India], June 5 (ANI): After the second wave of Covid-19 pandemic had hit the country hard, which led the Reserve Bank of India (RBI) reduce its Gross Domestic Product (GDP) growth projection by 1 per cent in the current financial year, Rajiv Kumar, Vice-Chairman, NITI Aayog on Sat
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Centre releases Rs 894 crore for Uttarakhand's health sector
Updated : 5 years, 1 month ago IST
Dehradun (Uttarakhand) [India], June 5 (ANI): The Government of India has released an amount of Rs 894 crore for strengthening of health services of Uttarakhand and operation of important public health services in the state for the current financial year.
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RBI cuts FY22 GDP forecast to 9.5 pc
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], June 4 (ANI): The Reserve Bank of India (RBI) on Friday cut its forecast of real GDP growth at 9.5 per cent in the current financial year (2021-2022).
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India's economy to grow at 9.3 pc in FY22, risks persist: Moody's
Updated : 5 years, 2 months ago IST
Singapore, June 1 (ANI): India's economy will rebound in the current financial year to mark a growth of 9.3 per cent but the second Covid-19 wave has increased risks to the country's outlook with potential longer-term credit implications, Moody's Investors Service said on Tuesday.
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Rural demand to remain muted due to Covid 2.0: Ind-Ra
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], May 28 (ANI): India Ratings and Research (Ind-Ra) has said that Covid 2.0's impact on the economy in the current financial year will be felt more through loss of demand impulse than supply-side disruptions.
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