Search For "financial year"
ADB forecasts India's economic growth at 7% for FY24 and 7.2% for FY25
Updated : 1 year, 6 months ago IST
The Asian Development Bank (ADB) on Wednesday forecasts India's economic growth at 7 per cent for the financial year FY2024 and 7.2 per cent for FY2025. ADB reiterated that India's economic growth will remain robust.
Read More
Bengaluru hosts 36% of GCC workforce in first two quarters of FY25: TeamLe
Updated : 1 year, 6 months ago IST
Bengaluru has kept its position strong as a prominent hub for GCCs, hosting 36 per cent of the GCC workforce in the first two quarters of the financial year (FY) 2025
Read More
UPI transactions value grows from Rs 1 lakh cr in FY 17-18 to Rs 200 lakh
Updated : 1 year, 6 months ago IST
The value of digital payments has surged to Rs 1,669 lakh crore in the first five months (April-August) of the current financial year 2024-25, according to an official statement by the Ministry of Finance.
Read More
FM Sitharaman urges officials to meet FY 2024-25 capital expenditure targe
Updated : 1 year, 6 months ago IST
Finance Minister Nirmala Sitharaman has urged the Ministry of Housing and Urban Affairs (MoHUA) to ensure that the capital expenditure (Capex) target for the financial year 2024-25 is met within the stipulated timeframe.
Read More
Amid rapid digital growth, 48 per cent of employers show hiring intent in
Updated : 1 year, 6 months ago IST
A substantial 48 per cent of the employers in the Media and Entertainment (M&E) industry have expanded their workforce in the first half of the financial year 2025, said TeamLease Services in its employment outlook report.
Read More
Direct tax collection soars, gross collections surge by 21% to reach at Rs
Updated : 1 year, 6 months ago IST
India's direct tax net collection for the financial year 2024-25 has seen a significant surge, with an increase of 21.48 per cent as of 17 September this year, the data from the Central Board of Direct Taxes (CBDT) shows.
Read More
India's position as "GCC Capital of the World": Nasscom & Zinnov study
Updated : 1 year, 6 months ago IST
The total number of Global Capability Centres (GCCs) in India crossed the number of over 1,700, and the revenue of GCCs rose to USD 64.6 billion in the financial year 2024, a report jointly released by Nasscom and consulting firm Zinnov said, terming the country the "GCC Capital of the world
Read More
Indian Navy looking to conclude 3 mega deals worth Rs 1.25 lakh crore by e
Updated : 1 year, 6 months ago IST
In a move towards boosting its surveillance and fighting capabilities, the Indian Navy is looking towards concluding three major defence deals this financial year, including the 31 MQ-9B drone deal, 3 additional Scorpene submarines and the 26 Rafale-M fighter aircraft project.
Read More
Indian defence market set for 14 pc annual growth amid govt's indigenizati
Updated : 1 year, 6 months ago IST
The potential market opportunity for Indian defence companies is expected to rise at 14 per cent CAGR (Compound annual growth rate) over financial year (FY) 2024-FY 2030E (Estimated) driven by the government's indigenisation focus on export opportunity.
Read More
'Home run' continues, FY25 to be another strong year after a robust demand
Updated : 1 year, 6 months ago IST
The outlook for residential real estate will be strong in the financial year (FY25), as the domestic residential market performed exceptionally well in FY24, said JM Financial in its estimate.
Read More
Over 50 pc of total FDI in the country come to Maharashtra in Q1FY25: Deve
Updated : 1 year, 6 months ago IST
Deputy Chief Minister of Maharashtra Devendra Fadnavis highlighted that Maharashtra emerged as the leader in Foreign Direct Investment (FDI) during the first quarter of the current Financial year 2024-25
Read More
India's Stainless-Steel Consumption Climbs up by 4.36 per cent CAGR: Syner
Updated : 1 year, 6 months ago IST
New Delhi [India], September 5: Synergy Steels, India's leading stainless-steel long product producer, welcomes the recently released government data indicating a Compound Annual Growth Rate (CAGR) of 4.36% in the total finished stainless-steel consumption over the past five financial years.
Read More