Search For "fiscal year"
Naveen Jindal Welcomes 12% Safeguard Duty on Steel Imports as a Milestone
Updated : 10 months, 3 weeks ago IST
New Delhi [India], April 22: In a decisive move to shield its domestic steel industry from a surge of low-priced imports, the Indian government has imposed a 12% safeguard duty on certain flat steel products for 200 days, effective April 21, 2025. This temporary measure aims to curb the infl
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BHEL secures record order inflows in fiscal year 2024-25
Updated : 10 months, 4 weeks ago IST
Bharat Heavy Electricals Limited (BHEL) has secured its highest-ever order inflows during the year 2024-25, amounting to Rs 92,534 crores, the state-owned company said in a statement on Sunday.
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Lagnam Spintex announces strong FY25 results, Total Revenue Zooms by 38% Y
Updated : 11 months ago IST
New Delhi [India], April 17: Lagnam Spintex Limited, a leading manufacturer of high quality cotton yarn in India, has announced its financial results for the fiscal year and quarter ended on March 31, 2025. The company achieved significant revenue growth, driven by its strategic expansion ef
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India's mobile phone exports surpass Rs 2 lakh crore: Ashwini Vaishnaw
Updated : 11 months, 1 week ago IST
India's smartphone exports have reached a historic milestone, crossing Rs 2 lakh crore in the previous fiscal year 2024-25, announced Ashwini Vaishnaw, Minister of Electronics and Information Technology, during a press conference here on Tuesday.
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India's Direct Selling Industry Hits ₹22,000 Cr Milestone, Driven by 88 La
Updated : 11 months, 2 weeks ago IST
New Delhi [India], April 5: India's direct selling industry continues its upward trajectory, achieving an all-time high turnover of Rs. 22,142 crores in FY 2023-24. This marks a 4.4% year-on-year (YOY) growth from Rs. 21,282 crores in the previous fiscal year, according to an Annual Surve
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Assam's Kaziranga National Park witnesses record number of tourist footfa
Updated : 11 months, 2 weeks ago IST
Assam's Kaziranga National Park and Tiger Reserve has witnessed an all-time high record number of tourists in the fiscal year 2024-25. According to the data shared by Sonali Ghosh, Field Director of Kaziranga National Park & Tiger Reserve, a total of 4,06,564 tourists, including 17,693 f
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Government e-Marketplace facilitates hiring of over 1 million manpower res
Updated : 11 months, 2 weeks ago IST
Digital procurement platform, Government e-Marketplace (GeM), has achieved a significant milestone by facilitating the hiring of over 1 million manpower resources by government organisations in the current fiscal year (2024-25), the Ministry of Commerce & Industry said on Wednesday.
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UIDAI's AI-powered Aadhaar face authentication sees over 130.5 crore trans
Updated : 11 months, 2 weeks ago IST
The AI and machine learning (ML) based Aadhaar Face Authentication solutions developed in-house by the Unique Identification Authority of India (UIDAI) has been witnessing a massive growth, with over 78 per cent of the total transactions coming alone in the FY 25 fiscal year, which ended 31
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IREDA's loan sanctions rise to Rs 47,453 Cr, loan book expands to Rs 76,25
Updated : 11 months, 2 weeks ago IST
Indian Renewable Energy Development Agency Limited (IREDA) on Monday reported significant growth in its financial performance for the fiscal year ending March 31, 2025, as per provisional data.
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India's banking sector loan growth to stay between 12-14% in FY26: Report
Updated : 11 months, 2 weeks ago IST
The loan growth of banking sector will stay in the range of 12 to 14 per cent in the Fiscal Year 2026 (Estimated), according to a report by Ambit Capital.
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As India's Steel Deficit Widens, Baldota's Rs54,000 Cr Plant Can Play a Cr
Updated : 11 months, 3 weeks ago IST
New Delhi [India], March 27: India's steel sector is at a critical juncture, with finished steel imports surging by 20% to 8.29 million tonnes in the April-January period of this fiscal year. Domestic producers are struggling with narrowing profit margins and intensifying competition from fo
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Retail security receipts redemption rate for ARCs to rise 600 bps: Crisil
Updated : 11 months, 3 weeks ago IST
Asset reconstruction companies (ARCs) are poised for a significant boost in the redemption rate of security receipts (SRs) issued for stressed retail assets, with an estimated increase of around 600 basis points (bps) to 69-71 per cent in the upcoming fiscal year, according to an analysis of
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