Search For "fiscal"
Credit impact of Indian Budget hinges on growth outlook: Fitch
Updated : 5 years, 1 month ago IST
Hong Kong, February 11 (ANI): India's Budget presented by the government on February 1 points to a loosening of fiscal policy to support the country's ongoing economic recovery from the pandemic and will consequently lead to a rise in public debt, Fitch Ratings said on Thursday.
Read More
Singapore Airlines narrows quarterly losses by leaning on cargo revenue
Updated : 2 years, 5 months ago IST
Singapore, February 8 (ANI): Increased flights and lower write-downs resulted in Singapore Airlines (SIA) reporting lower losses of SGD 142 million (USD 106 million) in its fiscal Q3 which ended December 31, 2020. This compares favourably with the huge SGD 2.34 billion (USD 1.75 billion)
Read More
Govt allocates Rs 16000 crore for Pradhan Mantri Fasal Bima Yojana for 202
Updated : 5 years, 1 month ago IST
New Delhi [India], February 7 (ANI): Union government has allocated Rs 16,000 crores for Pradhan Mantri Fasal Bima Yojana (PMFBY) for the fiscal year 2021-22 to boost the safety of farmers' crops and to ensure that maximum benefit of crop insurance reaches farmers.
Read More
MCA21 Version 3.0 to be launched in Fiscal 2021-22
Updated : 5 years, 1 month ago IST
New Delhi [India], February 5 (ANI): The Ministry of Corporate Affairs (MCA) will launch data analytics-driven MCA21 Version 3.0 during fiscal 2021-22.
Read More
Hero MotoCorp's Q3 PAT accelerates 23 pc to Rs 1,029 crore
Updated : 5 years, 1 month ago IST
New Delhi [India], February 5 (ANI): Hero MotoCorp has posted 23 per cent increase in its profit after tax at Rs 1,029 crore for the third quarter ended December 31, 2020 as compared to Rs 880 crore in the same period of previous fiscal.
Read More
Rise in sovereign debt to end in 2023: S&P
Updated : 5 years, 1 month ago IST
Singapore, February 5 (ANI): Reflecting increased public spending to deal with the Covid-19 crisis, S&P Global Ratings has projected that median general government debt for all rated 135 sovereigns will rise by end-2021 to a record 62.6 per cent of GDP.
Read More
Godrej Properties posts 69 pc fall in Q3 profit at Rs 14 crore
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], Feb 4 (ANI): Godrej Properties on Thursday reported 69 per cent year-on-year fall in its Q3 net profit at Rs 14 crore versus Rs 47 crore in the corresponding period of previous fiscal.
Read More
Country lacks leadership, government has messed up economy, defence: Rahul
Updated : 5 years, 1 month ago IST
New Delhi [India], February 3 (ANI): Accusing the government of "messing up" economy, harmony and defence, Congress leader Rahul Gandhi on Wednesday said it had made an inadequate allocation for defence in the budget for next fiscal and asked what message was it giving to China.
Read More
India Inc hails the government's budget as growth-oriented
Updated : 5 years, 1 month ago IST
New Delhi [India], February 3 (ANI/NewsVoir): Finance Minister, Nirmala Sitharaman made a great effort to pull all strings together in this budget and ensure economic setback to put lives and livelihoods back to the track. There has been greater spending on health care and fiscal push to bra
Read More
Global bank credit losses for banks may total $1.8 trillion: S&P
Updated : 5 years, 1 month ago IST
Singapore, February 3 (ANI): S&P Global Ratings on Wednesday lowered its forecast of credit losses for banks globally at 1.8 trillion dollars in 2020 and 2021, down 15 per cent from its previous estimate of 2.1 trillion dollars in July 2020.
Read More
India's bigger Budget is a shot in the arm for economy: S&P
Updated : 5 years, 1 month ago IST
Singapore, February 2 (ANI): India's Budget for fiscal 2022 (ending March 31, 2022) represents a comprehensive effort by the Central government to shore up the country's nascent economic recovery, S&P Global Rating said on Tuesday.
Read More
Union budget a let down like never before, farm sector has been shortchang
Updated : 5 years, 1 month ago IST
New Delhi [India], February 1 (ANI): Alleging that Finance Minister Nirmala Sitharaman has "deceived the people, especially the poor" in the union budget presented on Monday, Congress leader P Chidambaram said farm sector has been shortchanged, the fiscal situation "is in a mess" and the
Read More