Search For "current fiscal"
Union Budget 2025-26: A Shift in Approach to Boost Economic Growth
Updated : 1 year ago IST
New Delhi [India], February 25: The finance minister, Nirmala Sitharaman, has presented the first full-fledged budget of the Modi 3.0 government. The 2025-26 budget has been presented amidst two big concerns: the growing uncertainty in the global economy and hence in the export sector, and a
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Economic Survey aligns with RBI's projection of inflation at 4.2% in FY26
Updated : 1 year, 1 month ago IST
The Economic Survey tabled in Parliament on Friday, aligns with RBI's projection of headline inflation for FY26 at 4.2 per cent and 4.8 per cent in the current fiscal ahead of the Union Budget to be presented on Saturday.
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GeM sets new benchmark, crosses Rs 4 lakh crore GMV within 10 months of FY
Updated : 1 year, 1 month ago IST
The Government e Marketplace (GeM) has surpassed the last years' historic high Gross Merchandise Value (GMV) of Rs 4 lakh crore within 10 months of the current Fiscal Year 2024-25, Ministry of Commerce and Industry said in a statement Friday.
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Railways spends 76% capex for capacity improvement by far in 2024-25
Updated : 1 year, 2 months ago IST
Keeping pace with the budgetary allocation, Indian Railways has spent 76 per cent of its budgetary outlay within the first nine months of the current fiscal year 2024-25.
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FMCG, retail companies in India chalk fresh strategies amid sluggish consu
Updated : 1 year, 2 months ago IST
In the second quarter, many FMCG and retail companies witnessed the heat of sluggish consumption, which was even visible on their balance sheets. Going further, the anticipation is that the third quarter of the current fiscal year will not bring much respite, and consumers' purchasing power
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Banks' profitability increases for sixth consecutive year in 2023-24, cont
Updated : 1 year, 2 months ago IST
The asset quality of Banks have also improved, as per the apex bank report, with the gross non-performing assets (GNPA) ratio falling to its lowest in 13 years at 2.7 per cent at March-end 2024 and 2.5 per cent at September-end 2024.
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Foreign loan disbursements to Pakistan drop 43 pc to USD 3.6 billion
Updated : 1 year, 2 months ago IST
The foreign loan disbursements to Pakistan have dropped by 43 per cent, reaching USD 3.6 billion in the first five months of the current fiscal year, The Express Tribune reported on Tuesday, citing official data released on Monday.
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World Bank cancels USD 500 million loan to Pakistan
Updated : 1 year, 3 months ago IST
The Washington-based lender has also announced that it will not provide any new budget support loans during the current fiscal year, which could affect the government's expectation of receiving USD 2 billion in fresh loans. A key reason for this decision is that Pakistan has largely exhauste
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Substantial rise in GST collection between April-November 2024
Updated : 1 year, 3 months ago IST
The Goods and Services Tax (GST) collections have gone up by 9.3 per cent so far in the current fiscal 2024-25 to Rs 14.56 lakh crore. In the April-November period of last year, the tax mop-up was Rs 13.32 lakh crore.
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India's FDI journey hits USD 1 trillion
Updated : 1 year, 3 months ago IST
A nearly 26 per cent rise in FDI to USD 42.1 billion during the first half of the current fiscal year 2024-25 helped India's gross foreign direct investment (FDI) inflows reach an impressive USD 1 trillion since the start of this century
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Pak's power authority makes electricity dearer
Updated : 1 year, 3 months ago IST
This increase in electricity prices is part of the quarterly adjustment for the first quarter of the current fiscal year, ARY News reported on Wednesday. consumers will bear an additional burden of PKR 1.18 billion in electricity prices
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Central govt food subsidy bill at two year high while fertilizer subsidy d
Updated : 1 year, 3 months ago IST
The central government has significantly increased its subsidy disbursements in the current fiscal year so far, surpassing the amounts spent in the last two years.
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