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India's fiscal deficit will be 4.8 pc in FY25, below budget estimate of 4.
Updated : 1 year, 5 months ago IST
The fiscal deficit of the central government is projected to be 4.8 per cent of GDP for FY25, slightly below the budgeted estimate of 4.9 per cent, according to a report by Care Edge Ratings. The marginal improvement is attributed to healthy tax collections, despite certain shortfalls.
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India continues to hold steady despite global uncertainties: CareEdge Rati
Updated : 1 year, 5 months ago IST
CareEdge Ratings expects the central government to continue on the path of fiscal consolidation and projects India's GDP growth to moderate but remain healthy at 6.5 per cent in the current financial year.
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"Matter of pride": Uttarakhand CM over best state award in fisheries devel
Updated : 1 year, 5 months ago IST
The award was conferred by the National Fisheries Development Board (NFDB), Hyderabad to Uttarakhand for its remarkable achievements and innovative initiatives in fisheries development.
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World Bank cancels USD 500 million loan to Pakistan
Updated : 1 year, 5 months ago IST
The Washington-based lender has also announced that it will not provide any new budget support loans during the current fiscal year, which could affect the government's expectation of receiving USD 2 billion in fresh loans. A key reason for this decision is that Pakistan has largely exhauste
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Substantial rise in GST collection between April-November 2024
Updated : 1 year, 5 months ago IST
The Goods and Services Tax (GST) collections have gone up by 9.3 per cent so far in the current fiscal 2024-25 to Rs 14.56 lakh crore. In the April-November period of last year, the tax mop-up was Rs 13.32 lakh crore.
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India's FDI journey hits USD 1 trillion
Updated : 1 year, 5 months ago IST
A nearly 26 per cent rise in FDI to USD 42.1 billion during the first half of the current fiscal year 2024-25 helped India's gross foreign direct investment (FDI) inflows reach an impressive USD 1 trillion since the start of this century
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India on track to achieve 6.5-7% growth this fiscal: CEA
Updated : 1 year, 5 months ago IST
Speaking at the Global Economic Policy Forum 2024, organized by the Confederation of Indian Industry (CII) under the theme 'Decadal Priorities for the Global Economy', Dr Nageswaran highlighted the importance of sustaining long-term growth while navigating global economic uncertainties.
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Pak's power authority makes electricity dearer
Updated : 1 year, 5 months ago IST
This increase in electricity prices is part of the quarterly adjustment for the first quarter of the current fiscal year, ARY News reported on Wednesday. consumers will bear an additional burden of PKR 1.18 billion in electricity prices
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Odisha: 78 Bangladeshi fishermen to be sent back to home country
Updated : 1 year, 5 months ago IST
"78 Bangladeshi national fishermen were caught the day before yesterday...and had been brought to Paradip Police Station...they were handed over to us for verification and it has been done. Procedures are underway to return them (to Bangladesh)," the DSP said.
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Punjab seeks release of Rs 161 crore for Jal Jeevan Mission, eyes model pl
Updated : 1 year, 5 months ago IST
Punjab Water Supply and Sanitation Minister Hardip Singh Mundian on Tuesday urged Union Jal Shakti Minister CR Patil to expedite the release of Rs 161 crore, the pending first instalment for the 2024-25 fiscal year under the Jal Jeevan Mission (JJM).
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K.N. Balagopal Urges 16th Finance Commission for fair fiscal allocation
Updated : 1 year, 5 months ago IST
Kerala Finance Minister K. Balagopal welcomed the 16th Finance Commission, led by Prof. Arvind Panagariya, to Kerala, emphasizing the commission's role in fostering the federal fiscal framework.
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Century Real Estate targets Rs2,000 Cr sales in FY25, led by surge in luxu
Updated : 1 year, 5 months ago IST
Bengaluru (Karnataka) [India], December 10: Coming to be known as the fastest growing city in the world, Bengaluru has witnessed a substantial boom in the luxury and aspirational real estate segments since 2020. Continuing its legacy of contributing to the city's growth story over the past 5
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