The fiscal year 2023–24 will mark the first time when practically every month of the current fiscal year, federal revenue receipts will be less than what is needed to pay for servicing domestic and international debt. Since the fiscal position will only become worse, there will be more serio
Zirakpur (Punjab) [India], September 12: Over the past few years, the Indian Pharmaceutical Industry has seen rapid expansion, as per the reports in CareEdge Ratings, between the fiscal years 2018 and 2023; the Indian pharmaceutical sector has recorded a growth rate (CAGR) of 6 per cent to 8
Bengaluru (Karnataka) [India], September 11: HomeLane, India's leading tech-enabled home interiors brand, reported its financial results for the fiscal year 2023 on 8th September. The key takeaways from the results are:
Ministry of Energy (Power Division) has applied to Nepra, seeking approval for the transfer of three quarterly tariff adjustments (QTAs) pertaining to the fiscal year 2022-23.
Morgan Stanley has upwardly revised their economic growth forecast for India for fiscal year 2024 after April-June quarter data showed it grew at its quickest pace in a year.
RailTel’s Chairman and Managing Director (CMD) Sanjai Kumar chaired the 23rd Annual General Meeting (AGM) of Railtel and said that RailTel's total income has grown by 27 per cent to Rs 2,002 crore in the fiscal year 2022-23.
Speaking to ANI on Thursday Ashish Chauhan said, "Today evening the first quarter GDP numbers for the financial year 2023-24 have been released. The GDP growth rate has come out at 7.8 per cent which is a stupendous growth rate. With this India has become the fastest growing large economy
Mumbai (Maharashtra) [India], August 28: Ayekart, a leading FinTech and integrated digital technology platform specializing in the food and agri value chain, announced significant milestones in the fiscal year 2022-2023 at its Annual General Meeting (AGM). The event highlighted the company's
New Delhi [India], August 25: BankSathi, a pioneering fintech social commerce startup, takes pride in announcing its remarkable achievement as the third-largest credit card issuer in India with 3.6 lakh ARR. The startup has issued 3 lakh credit cards as of June 2023, a 4X increase in cards o
Pakistan's total foreign loans increased to USD 2.8 billion in the first month (July 2023) of the current fiscal year as a result of additional USD 2 billion time deposits from the Kingdom of Saudi Arabia (KSA) and USD 508 million in guaranteed loans from China for the Pakistan Air Force to
Pakistan’s total debt and liabilities have risen by 29 per cent to Rs 56.21 trillion in the fiscal year that ended on June 30, the country’s central bank said on Wednesday. This comes as the government borrowed heavily to finance its spending requirements, as per Dawn.
Hyderabad (Telangana) [India], August 12: Tanla proudly announces the release of its first Sustainability Report for the fiscal year 2022-23. This report has been prepared in accordance with Global Reporting Initiative (GRI) standards 2023. The report underscores Tanla's unwavering commitmen