Manila [The Philippines], December 10 (ANI): The Asian Development Bank (ADB) on Thursday raised growth forecast for India in current fiscal year to minus 8 per cent from minus 9 per cent projection in September while keeping the outlook for next fiscal year at 8 per cent.
London [UK], December 8 (ANI): Fitch Ratings has revised India's GDP forecast to minus 9.4 per cent in the current fiscal year from a previously projected contraction of 10.5 per cent after the economy staged a sharper rebound in the second quarter.
Mumbai (Maharashtra) [India], December 4 (ANI): Retail inflation is likely to remain elevated with the Reserve Bank of India on Friday pegging it at 6.8 per cent in the third quarter (October to December) of current fiscal year (2020-21).
Mumbai (Maharashtra) [India], December 4 (ANI): The Reserve Bank of India (RBI) on Friday revised its forecast of economic growth for the current fiscal year (2020-21) to minus 7.5 per cent compared to its earlier forecast of minus 9.5 per cent.
Mumbai (Maharashtra) [India], Oct 14 (ANI): Total credit to micro, small and medium enterprises (MSMEs) in the country declined 6 per cent year-on-year in the first quarter of current fiscal year and 3.4 per cent quarter-on-quarter, Motilal Oswal Financial Services said on Wednesday.
Washington DC [USA], Oct 8 (ANI): India's economy, the largest in south Asia, is expected to contract by 9.6 per cent in the current fiscal year (2020-21) because of Covid-19 pandemic, the World Bank said on Thursday.
Tokyo [Japan], September 22 (ANI/Sputnik): The Japanese Defense Ministry intends to request another record budget of 5.4 trillion yen ($51.7 billion) for the fiscal year 2021, which begins on April 1 next year, the Kyodo news agency reported, citing military sources.
New Delhi [India], September 18 (ANI): A total of 86,81,928 new job cards have been issued during the current fiscal year (FY) so far as compared to 36,64,368 job cards issued during the same period in FY 2019-20, the Ministry of Rural Development said on Friday.
Ahmedabad (Gujarat) [India], September 16 (ANI/NewsVoir): BSE and NSE listed Vishal Fabrics Limited (VFL), one of India's leading manufacturers of denim fabrics, part of leading conglomerate Chiripal Group has bagged major export orders worth Rs 110 crores to be executed in the current fisca
Singapore, Sep 14 (ANI): S&P Global Ratings said on Monday it expects India's economy to contract by 9 per cent in the current fiscal year ending March 31, 2021 as rising Covid-19 cases will keep private spending and investment lower for longer.
Mumbai (Maharashtra) [India], Sep 8 (ANI): Fitch Ratings has sharply lowered its forecast for India's gross domestic product (GDP) growth for the current fiscal year (FY21) and expects it to contract by 10.5 per cent as compared to its earlier estimate of 5 per cent contraction.
Mumbai (Maharashtra) [India], September 7 (ANI): Future Lifestyle Fashions on Monday reported a standalone loss of Rs 329 crore in the quarter ended June as compared to a profit of Rs 39 crore in the same period of last fiscal year.