Search For "current fiscal"
RBI raises India 2025-26 GDP forecast by half a percentage point to 7.3%
Updated : 3 months, 1 week ago IST
Indian economy is projected to grow at 7.3 per cent in the current fiscal 2025-26, about a half percentage point higher than previously estimated, RBI Governor Sanjay Malhotra said Friday, announcing the decisions of Monetary Policy Committee.
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Rupee weakness temporary, GDP growth outlook stays firm at 7%: DK Joshi, C
Updated : 3 months, 2 weeks ago IST
The Indian economy is expected to grow at 7 per cent in the current fiscal 2025-26, and subsequently moderate to 6.7 per cent in the next, Dharmakirti Joshi, Chief Economist, CRISIL Limited, told ANI in an exclusive interview.
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Paradip Port Authority achieves fastest-ever 100 MMT cargo throughput in a
Updated : 3 months, 2 weeks ago IST
Notably, in FY 2024-25, the coveted mark of 100 MMT was achieved on 9th December 2024. The record was completed in 241 days in the current fiscal year, compared with 253 days in the last financial year.
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India's FY26 retail inflation expected at 2.4-2.5%; likely to undershoot R
Updated : 4 months ago IST
India's retail inflation is expected to undershoot RBI's target (2.6 per cent) in the current fiscal 2025-26, Bank of Baroda said in a report on Wednesday, as the country's Consumer Price Index reported a record low in October.
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Higher dividend by RBI is likely to offset revenue loss due to GST rationa
Updated : 4 months, 1 week ago IST
The net revenue shortfall arising from the recent Goods and Services Tax (GST) rationalisation, estimated at around 0.1 per cent of GDP for the current fiscal, is expected to be offset by the higher dividend transfer from the Reserve Bank of India (RBI), noted a report by CareEdge Ratings.
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Trump tariffs to dent India leather industry revenue 10-12% current fiscal
Updated : 4 months, 3 weeks ago IST
Faced with US tariffs, India's leather and allied products industry are expected to see revenue decline 10-12 per cent this current fiscal, according to Crisil Ratings.
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Crisil maintains India's FY26 GDP forecast at 6.5%, private consumption to
Updated : 5 months, 2 weeks ago IST
Crisil has maintained India's GDP growth forecast for the current fiscal year, 2025-26, even as it sees downside risks emanating from US tariffs.
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Shrimp exports to fall 15-18% this fiscal as US tariffs push duty above 58
Updated : 5 months, 2 weeks ago IST
India's shrimp export volumes are expected to decline by 15-18 per cent in the current fiscal year following a sharp hike in US tariffs, which will take the total import duty to 58.26 per cent, effective August 27, according to a report by Crisil Ratings.
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India builds 10,660 Km of highways in FY25, Eyes Rs 3 trillion push, Road
Updated : 7 months ago IST
New Delhi [India], August 13: India's highway expansion continues at a strong pace, with the Ministry of Road Transport and Highways (MoRTH) constructing 10,660 km in FY 2024-25--exceeding its target of 10,421 km. In FY 2025-26, the Ministry aims to award projects worth Rs 3 trillion, with 1
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India Inc's revenue grew tepid 4-6% YoY in April-June: Crisil
Updated : 7 months, 1 week ago IST
India Inc's revenue likely grew a modest 4-6 per cent year-on-year in the April-June quarter of this current fiscal, slowing from 7 per cent growth in the previous two quarters, due to sluggish performance by the power, coal, information technology (IT) services and steel sectors, which coll
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Key India-US talks on for GE-414 engine deal, pact likely to be sealed by
Updated : 8 months ago IST
The negotiations are ongoing, and we expect to sign the deal for the GE-414 engines by the end of this financial year, defence officials said here.
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India gets second GE-404 engine for LCA MK-1A, to receive 12 more by end o
Updated : 8 months ago IST
In a significant development, India on Monday received the second GE-404 engine from the US for the LCA Mark 1A fighter jet aircraft programme, Defence officials said.
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