Search For "financial year"
Rising input costs to hurt profitability of Indian pharma sector in 2022-2
Updated : 3 years, 8 months ago IST
New Delhi [India], July 19 (ANI): Faced with rising prices of active pharmaceutical ingredients (APIs), and other key inputs coupled with a rise in freight and energy costs, the operating profitability of Indian pharmaceutical companies is expected to decline by 200-250 basis points (or 2.5
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Indian Navy expected to spend 70 pc of capital budget in domestic procurem
Updated : 3 years, 8 months ago IST
New Delhi [India], July 18 (ANI): Defence Minister Rajnath Singh on Monday said that the Indian Navy spent over 64 per cent of its capital budget in domestic procurement in the last financial year and it is expected to increase to 70 per cent in the current financial year.
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Notes in circulation in India increased 5 pc in 2021-22
Updated : 3 years, 8 months ago IST
New Delhi [India], July 18 (ANI): The volume of notes in circulation in India increased by nearly five per cent, making it 1,30,533 in million pieces during the financial year 2021-22, said the Minister of State in the Ministry of Finance, Pankaj Chaudhary in a written reply to Lok Sabha.
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India's agricultural exports rise 14 pc in April-June quarter
Updated : 3 years, 8 months ago IST
New Delhi [India], July 18 (ANI): India's agricultural and processed food products exports rose 14 per cent during the first three months of the current financial year 2022-23 (April-June). Total exports were to the tune of USD 5,987 million.
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L&T Infotech Q1 net profit rises 27.7 per cent to Rs 634 crore
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 14 (ANI): IT firm L&T Infotech on Thursday reported a net profit of Rs 634.40 crore for the first quarter of the current financial year as compared to Rs 496.80 crore recorded in the corresponding period of the last year, registering a year-on-year grow
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Mindtree Q1 net profit surges 37 per cent to Rs 472 crore
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 13 (ANI): IT services firm Mindtree on Wednesday reported Rs 471.6 crore net profit for the first quarter of the current financial year as compared to Rs 343.4 crore recorded in the corresponding period of the last year, registering a year-on-year growth
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HCL Technologies Q1 net profit rises by 2.11 per cent to Rs 3281 crore
Updated : 3 years, 8 months ago IST
New Delhi [India], July 12 (ANI): HCL Technologies on Tuesday reported a consolidated net profit of Rs 3,281 crore for the first quarter of the current financial year as compared to Rs 3,213 crore recorded in the corresponding period of the previous year, posting year-on-year growth of 2.
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Economic outlook for FY23 hinges on private consumption, investment demand
Updated : 3 years, 8 months ago IST
New Delhi [India], July 12 (ANI): Though there are signs of easing commodity prices, the economic outlook for the current financial year 2022-23 remains quite uncertain and will ride completely on the wheels of private consumption and investment demand, said a report.
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Growth outlook for H1FY23 robust despite monetary policy tightening: CII p
Updated : 3 years, 8 months ago IST
New Delhi [India] July 11 (ANI): A recent poll conducted by the industry body Confederation of Indian Industry (CII) revealed that despite the sharp increase in inflation and heightened inflation, expectations and concerns around monetary policy tightening, the overall growth outlook for
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Inflation may ease gradually in second half of 2022-23, says RBI Governor
Updated : 3 years, 8 months ago IST
New Delhi [India], July 9 (ANI): Inflation, which has been above the central bank's tolerance limit since the beginning of 2022, is likely to ease gradually in the second half of the current financial year, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Saturday.
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Avenue Supermarts Q1 net profit surges six fold to Rs 680 crore
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 9 (ANI): Avenue Supermarts Limited, which owns and operates the hypermarkets chain D-Mart, on Saturday reported a standalone net profit of Rs 680 crore for the first quarter of the current financial year as compared to Rs 115 crore recorded in the same peri
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RBI Governor says inflation expected to ease in second half of 2022-23
Updated : 3 years, 8 months ago IST
New Delhi [India], July (ANI): India's inflation is expected to ease gradually in the second half of the current financial year 2022-23, "precluding the chances of a hard landing" monetary policy actions, said the Reserve Bank of India Governor, Shaktikanta Das.
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