Mumbai (Maharashtra) [India], July 10 (ANI): The pre-provisioning operating profit (PPOP) of top five private sector banks by advances size can decline by 15 per cent year-on-year in the current financial year as compared to 4.9 per cent in FY20, India Ratings and Research (Ind-Ra) said on F
Bhubaneswar (Odisha) [India], July 10 (ANI): The Odisha government's revenue has taken a beating due to coronavirus pandemic as it came down by around 22.94 per cent in the first quarter of the current financial year in comparison to the corresponding period of last year.
New Delhi [India], July 7 (ANI): Union Finance Minister Nirmala Sitharaman on Tuesday held a meeting with secretaries and CMDs of 23 Central Public Sector Enterprises (CPSEs) to review the capital expenditure in this financial year.
New Delhi [India], July 4 (ANI): The Income Tax Department stated that the filing of income-tax returns (ITR) for Financial Year 2019-20 has been extended till November 30.
Mumbai (Maharashtra) [India], July 3 (ANI): JSW Steel, the flagship business of 12 billion dollar JSW Group, on Friday reported crude steel production of 2.96 million tonnes in the first quarter of the current financial year (April to June).
Mumbai (Maharashtra) [India], July 2 (ANI): Care Ratings on Thursday revised India's GDP growth forecast for the current financial year to minus 6.4 per cent as economic activity continues to be impacted by the Covid-19 induced countrywide lockdown.
New Delhi [India], July 2 (ANI): Jindal Steel and Power Ltd (JSPL) said on Thursday it recorded 12 per cent quarter-on-quarter growth in sales volumes and 8 per cent rise in standalone steel (including pig iron) production during the first quarter of the current financial year.
Srinagar (Jammu and Kashmir) [India], June 30 (ANI): J&K Bank has registered a net loss of Rs 1,139 crore for the financial year ended March (FY20) due to higher provisioning for bad loans.
Mumbai (Maharashtra) [India], June 29 (ANI): India Ratings and Research (Ind-Ra) expects the gross state domestic product (GSDP) of all states in India to contract during the current financial year in the range of 1.4 to 14.3 per cent.
Chennai (Tamil Nadu) [India], June 29 (ANI): Despite a slowdown in the automobile industry, tyre manufacturer MRF Ltd on Monday reported a net profit of Rs 1,395 crore in FY20 as against Rs 1,097 crore for the previous financial year.
Chandigarh (Punjab) [India], June 29 (ANI): Punjab Chief Minister Captain Amarinder Singh on Monday said that the state is estimated to be short of Rs 30,000 crore in revenue this financial year due to the ongoing coronavirus pandemic.
Singapore, June 26 (ANI): S&P Global Ratings said on Friday that Indian economy is in deep trouble with growth expected to contract by 5 per cent in the current financial year 2020-21.