Search For "fiscal year"
New business stabilises but output remains in contraction: IHS Markit
Updated : 6 years, 4 months ago IST
New Delhi [India], Nov 5 (ANI): Indian service sector activity declined for the second straight month in October, the first back-to-back reduction since the second quarter of fiscal year 2017-18, according to IHS Markit India Services Purchasing Managers' Index (PMI) released on Tuesday.
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Yes Bank reports Q2 loss at Rs 600 crore on tax hit while asset quality wo
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 1 (ANI): Private sector lender Yes Bank on Friday reported a whopping loss of Rs 600 crore in the second quarter of current fiscal year (Q2 FY20) due to a one-off deferred tax asset (DTA) adjustment of Rs 709 crore on account of change in corporate tax ra
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Persistent Decline in Exports of Cotton Yarn - a Matter of Deep Concern -
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Oct 31 (ANI/BusinessWire India): Exports of cotton yarn in the first six months of the current fiscal year 2019-20 from April to September 2019 has declined sharply by 38.80 per cent.
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Ramco Cements Q2 profit moves up to Rs 1,332 cr
Updated : 6 years, 4 months ago IST
Chennai (Tamil Nadu) [India], Oct 30 (ANI): Ramco Cements, the fifth largest cement producer in India, said on Wednesday its consolidated revenue in the second quarter of current fiscal year moved up to Rs 1,332 crore from Rs 1,196 crore in the corresponding period of last year.
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Petronet LNG Q2 profit up 90 pc on lower tax to Rs 1,089 cr
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Oct 30 (ANI): Petronet LNG Ltd has reported 90 per cent jump in its net profit at Rs 1,089 crore during the July to September quarter compared to Rs 573 crore in the same period of the previous fiscal year.
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US plans to slash refugee intake to 18,000
Updated : 6 years, 5 months ago IST
Washington D.C. [United States], Sept 27 (ANI): The US on Wednesday announced that it plans to allow only 18,000 refugees to be resettled in the United States in the 2020 fiscal year, the lowest number since Washington began its refugee program in 1980.
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Indian economy to grow 6.5 pc in FY19, 7.2 pc in FY20: ADB
Updated : 6 years, 5 months ago IST
Tokyo [Japan], Sep 25 (ANI): The Asian Development Bank (ADB) has revised its outlook for India's economy with growth now expected at 6.5 per cent in fiscal year (FY) 2019, following weaker expansion in the first quarter of the year with slower growth in consumption and investment affecting
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Effective corporate tax rate after surcharge to be 25.17 pc: Sitharaman
Updated : 6 years, 5 months ago IST
Panaji (Goa) [India], Sept 20 (ANI): To promote growth and investments in the country, Union Finance Minister Nirmala Sitharaman on Friday announced to slash the corporate tax rates for domestic companies and stated that a new provision has been inserted in the Income Tax Act with effect
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Pakistan's trade deficit falls by 38 pc in July-August
Updated : 6 years, 6 months ago IST
Islamabad [Pakistan], Sept 13 (ANI): Pakistan's trade deficit shrank by nearly 38 per cent in the first two months of the current fiscal year, driven largely by a decline in imports of non-essential luxury items.
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Domestic passenger traffic growth subdued in 4M FY20: ICRA
Updated : 6 years, 6 months ago IST
New Delhi [India], Sep 13 (ANI): The domestic passenger traffic growth during first four months of the current fiscal year (April to July) witnessed year-on-year growth of a mere 1.6 per cent primarily due to end of the tourist season, according to investment information firm ICRA.
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Centre constitutes Task Force for drawing up National Infrastructure Pipel
Updated : 6 years, 6 months ago IST
New Delhi (India), Sept 7 (ANI): The Central government on Saturday constituted a task force for drawing up the National Infrastructure Pipeline (NIP) of Rs 100 lakh crore from the fiscal year 2019-20 to 2024-25.
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ASSOCHAM welcomes RBI's move to transfer Rs 1.76 lakh crore to government
Updated : 6 years, 6 months ago IST
New Delhi [India], Aug 27 (ANI): The Associated Chambers of Commerce and Industry of India (ASSOCHAM) on Tuesday welcomed the Reserve Bank of India's (RBI) decision to transfer Rs 1.76 lakh crore to the government this fiscal year.
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