Search For "financial year"
Indian stocks close 2023-24 firm, indices accumulate 27-31pc returns
Updated : 1 year, 12 months ago IST
Indian stock market indices closed the financial year 2023-24 on a firm note, with Sensex and Nifty rising in the range of 0.8-0.9 per cent on Thursday, backed by firm economic growth forecasts by various global watchdogs and political stability at the federal level.
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Railways: Waltair division registers 75MT freight loading for first time
Updated : 1 year, 12 months ago IST
It crossed the magical figure of 75 Million Tonnes (MT) of freight on March 26 and touched the highest-ever loading of 75.64 MT on Thursday, with three more days to go in the financial year.
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Bank credit growth in India expected at 14-14.5pc in FY25: CareEdge Rating
Updated : 1 year, 12 months ago IST
CareEdge Ratings estimates bank credit growth in India to be in the range of 14-14.5 per cent in financial year 2024-25. In current financial year 2023-24, credit offtake is anticipated to close with a growth of around 16 per cent excluding the HDFC merger.
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Procurement of services on GeM platform grew 205 pc in 2023-24
Updated : 1 year, 12 months ago IST
Procurement of services through the GeM portal witnessed a staggering 205 per cent growth in the current financial year 2023-24, official data showed
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CareEdge expects India's GDP to grow 7.6pc in current financial year 2023-
Updated : 1 year, 12 months ago IST
According to the rating agency, the economic growth in the current financial year was supported by a strong growth in investment demand led by public capital expenditure.
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Begin the New Financial Year with FDs on Bajaj Markets
Updated : 1 year, 12 months ago IST
Pune (Maharashtra) [India], March 29: Bajaj Markets has tied up with several leading banks and NBFCs to offer a range of investment products, including fixed deposits. It is an ideal savings scheme for individuals looking for a fresh start to the new financial year. This facilitates improved
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Six reasons why you can consider investing in mutual funds through SIPs th
Updated : 1 year, 12 months ago IST
Pune (Maharashtra) [India], March 29: Convenient and affordable investing, risk mitigation and the potential for long-term wealth creations are just some of the reasons why Systematic Investment Plans or SIPs have gained traction among investors in recent years.
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Interest rate on small saving schemes kept unchanged for Q1-2024-25
Updated : 2 years ago IST
The central government has kept the interest rates unchanged on various small savings schemes for the first quarter of the next financial year, beginning April 1.
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Indian stocks close financial year on a firm footing, indices accumulate 2
Updated : 2 years ago IST
Indian stock market indices closed the financial year 2023-24 on a firm note, with Sensex and Nifty rising in the range of 0.8-0.9 per cent on Thursday, backed by firm economic growth forecasts by various global watchdogs and political stability at the federal level.
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RBI releases schedule for 2024-25 monetary policy meetings
Updated : 2 years ago IST
The RBI typically conducts six bimonthly meetings in a financial year, where it deliberates interest rates, money supply, inflation outlook, and various macroeconomic indicators.
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Morgan Stanley raises India's GDP growth forecast to 6.8 per cent for FY25
Updated : 2 years ago IST
According to Morgan Stanley, the outlook for India's GDP growth remains robust, with the expectation that growth will track around 7 per cent in the fourth quarter of the financial year 2023-24 (QE Mar-24).
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Indian banks expected to maintain profitability amid margin pressure: Fitc
Updated : 2 years ago IST
According to Fitch, while net interest margins (NIMs) are anticipated to narrow by 10 to 20 basis points over the next two years from the current cyclical peak of 3.6 per cent in the nine months of the financial year ending March 2024 (9MFY24), the sector's earnings resilience will persist.
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