Washington DC [India], July 23 (ANI): The International Monetary Fund (IMF) has cut its projection for India's economic growth by 0.3 percentage points to 7 per cent for the fiscal year 2019-20 owing to the "weaker-than-expected outlook" for the domestic demand.
New Delhi [India], July 21 (ANI): India's current account deficit (CAD) is expected to remain largely steady at 16 billion to 17 billion dollars or 2.3 per cent of GDP in the first quarter (April to June) of the current fiscal year 2019-20 despite recent contraction in merchandise exports an
New Delhi [India], July 11 (ANI): India Ratings and Research (Fitch Group) said on Thursday it expects coal-based capacity addition in the Indian power sector, which fell to a low of 3.6 gigawatt in 2018-19, to remain subdued at five to six GW per year in this fiscal year and next.
Mumbai (Maharashtra) [India], July 9 (ANI): Bajaj Finance, the largest consumer durable lender in the country, said on Tuesday that its new loans booked during April to June quarter of the current fiscal year 2019-20 increased to 73 lakh as compared to 56 lakh in the same period of previous
Dehradun (Uttarakhand) [India], June 17 (ANI): Uttarakhand Chief Minister Trivendra Singh Rawat on Monday met Union Railway Minister Piyush Goyal and requested him to include the Tanakpur-Bageshwar rail line project in the current fiscal year 2019-20 to speed up the process of social and eco
New Delhi [India], Jun 11 (ANI): On June 7, the Directorate of Income Tax (investigation) has filed four supplementary prosecution complaints for fiscal year 2009-10 to 2012-13 before the income-tax special court against Gautam Khaitan, who is also one of the accused in the Rs 3,600 crore Ag
New Delhi [India] June 6(ANI/NewsVoir): APIS India, India's one of the oldest FMCG brands, specializing in honey trading and manufacturing, recently announced that the company has reached a milestone of Rs 102Cr for the Fiscal Year 2018-19.
Mumbai (Maharashtra) [India], May 30 (ANI): Garware Polyester said on Thursday that 20 per cent jump in its exports helped grow the consolidated revenue to Rs 948 crore in 2018-19, up 13 per cent from Rs 842 crore in the previous fiscal year.
Mumbai (Maharashtra) [India], May 24 (ANI]: JSW Steel, the flagship company of diversified Rs 91,000 crore JSW Group, said on Friday its standalone revenue from operations went up to Rs 76,727 crore in 2018-19, up 13 per cent as compared to the previous fiscal year.
Gurugram (Haryana), May 20 (ANI): Automotive components manufacturer Lumax Auto Technologies has reported revenue of Rs 1,358 crore in 2018-19, up by 22 per cent from Rs 1,111 crore in the previous fiscal year.
Ahmedabad (Gujarat) [India], May 17 (ANI): Textiles and clothing major Arvind Limited on Friday reported sluggish growth in revenue during the fourth quarter of 2018-19 at Rs 1,859 crore, one per cent up from Rs 1,843 crore in the corresponding period of the previous fiscal year.
Mumbai (Maharashtra) [India], May 11 (ANI): Government-owned Syndicate Bank suffered a net loss of Rs 2,587 crore during 2018-19 on account of bad loans compared to a net loss of Rs 3,223 crore in the previous fiscal year.