Search For "financial year"
FM Nirmala Sitharaman meets health, education sector experts ahead of Budg
Updated : 1 year, 2 months ago IST
The Finance Ministry conducts several pre-budget consultation meetings annually with experts, industry leaders, economists, and state officials. The formal exercise to prepare the annual Budget for the next financial year has already begun.
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India's CAD likely to stay at 1.1 per cent of GDP in FY25: ICICI bank repo
Updated : 1 year, 2 months ago IST
India's Current Account Deficit (CAD) is expected to remain at 1.1 per cent of the Gross Domestic Product (GDP) in the financial year 2024-25 (FY25), according to a report by ICICI Bank.
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India's growth outlook positive despite new uncertainties for global trade
Updated : 1 year, 3 months ago IST
As the world prepares to welcome a new year, fresh uncertainties have surfaced for global trade in the financial year 2026, according to the November monthly economic review by the Finance Ministry.
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Veekayem Fashion Reports 20 Percent Profit Growth in H1 FY 2025
Updated : 1 year, 3 months ago IST
Mumbai (Maharashtra) [India], December 26: Veekayem Fashion and Apparels Limited, an NSE-listed leading player in the textiles segment, registered a robust growth of 20% in the first half of the current financial year.
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Travel boom in India will enable branded hotels log double-digit growth th
Updated : 1 year, 3 months ago IST
Branded hotels in India are likely to see double-digit revenue growth this financial year and the next, fuelled by demand outpacing supply, asserted Crisil Ratings.
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Centre releases XV Finance Commission grants for Rajasthan and Odisha
Updated : 1 year, 3 months ago IST
The Union Government, on Wednesday, announced the Fifteenth Finance Commission (XV FC) Grants for Rural Local Bodies (RLBs) in Rajasthan and Odisha for Financial Year 2024-2025, the Ministry of Panchayati Raj stated in a release.
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India's GDP to stay at 6.5% in FY25 & FY26 provided govt accelerates c
Updated : 1 year, 3 months ago IST
India's real GDP growth is projected to remain steady at 6.5 per cent for the financial years 2025 and 2026, according to the latest EY Economy Watch report.
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Demand for work under MGNREGA remained low in 2024, suggests improved rura
Updated : 1 year, 3 months ago IST
The demand for work under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has remained subdued in most months of the current financial year, according to a report by the Reserve Bank of India (RBI).
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Operating losses of e-pharmacies seen falling below 10% next financial yea
Updated : 1 year, 3 months ago IST
The e-pharmacy sector is in the early growth stage and faces significant operating losses due to high initial investments in technology, large inventory and supply chain inefficiencies.
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Combining tax savings with growth potential: Bajaj Finserv ELSS Tax Saver
Updated : 1 year, 3 months ago IST
Pune (Maharashtra) [India], December 24: As we step into the fourth quarter of the financial year, tax planning takes centre stage for many investors. However, people often view tax saving and wealth growth as two separate investment buckets.
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Government utilised 37.28 % of budgeted effective capex in H1FY25
Updated : 1 year, 3 months ago IST
The central government has utilized only 37.28 per cent of the budgeted Effective Capital Expenditure (ECE) in the first half of the financial year 2024-25, according to the data released by the Ministry of Finance.
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Finance Commission grants UP Rs 1599 cr while Andhra gets Rs 446 cr for ru
Updated : 1 year, 3 months ago IST
The central government on Tuesday released funds under the Fifteenth Finance Commission (XV FC) grants for rural local bodies in Uttar Pradesh and Andhra Pradesh for the financial year 2024-25.
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