New Delhi [India], June 30 (ANI): Indian Railway Finance Corporation (IRFC) on Wednesday reported 126 per cent growth in the profit for Q4 FY21 at Rs 1,483 crore as compared to Rs 655 crore reported in the same period of previous fiscal.
Islamabad [Pakistan], June 29 (ANI): Pakistan Peoples Party (PPP) chairman Bilawal Bhutto Zardari on Tuesday that the budget for the fiscal year 2021-22 has "no legal standing" as it has been passed "illegally".
Islamabad [Pakistan], June 29 (ANI): Pakistan's National Assembly on Tuesday passed the budget for the fiscal year 2022 in presence of Prime Minister Imran Khan with a majority vote amid a dismal showing by the opposition.
Singapore, June 25 (ANI): S&P Global Ratings said on Friday that Covid-19 pandemic can worsen structural deficits and indebtedness of Indian state governments despite a likely rebound in national economy over the next 12 to 24 months.
Singapore, June 24 (ANI): S&P Global Ratings on Thursday revised its GDP growth forecast for India to 9.5 per cent for the fiscal year ending March 31, 2022 due to a severe Covid-19 pandemic wave.
Mumbai (Maharashtra) [India], June 23 (ANI): The tours and travel industry which was beginning to recover before the second wave of Covid-19 infections began will now see revenue this fiscal reaching only 35 to 40 per cent of the pre-pandemic levels, Crisil Ratings said on Wednesday.
Mumbai (Maharashtra) [India], June 23 (ANI): Infrastructure major Hindustan Construction Company (HCC) on Wednesday reported a net loss of Rs 90 crore in the January to March quarter versus a net loss of Rs 212 crore in the same period of previous fiscal.
New Delhi [India], June 22 (ANI): Government-owned India Infrastructure Finance Company Ltd (IIFCL) said on Tuesday it has returned to profitability with a standalone profit after tax of Rs 286 crore and consolidated profit after tax of Rs 325 crore in the fiscal year 2020-21.
Mumbai (Maharashtra) [India], June 19 (ANI): Motilal Oswal Financial Services has projected real GDP growth of 8.7 per cent in FY22, down from 11.1 per cent it had forecast earlier.
Mumbai (Maharashtra) [India], June 15 (ANI): Air traffic is expected to slump in fiscal 22 and fully recover only by fourth quarter of next fiscal because of debilitating consequences of second Covid-19 wave in India, according to Crisil Ratings.
New Delhi [India], June 12 (ANI): Automobile lighting major Lumax Industries has reported revenue of Rs 504 crore for Q4 FY21 as against Rs 387 crore in the same period of previous fiscal, marking a 30 per cent increase.
Islamabad [Pakistan], June 12 (ANI): Pakistan government on Friday proposed Pakistani rupees 8,487 billion budget for the next financial year with a fiscal deficit target at 6.3 per cent of gross domestic product (GDP).