Search For "fiscal"
Government upfront with fiscal deficit, we have spent, spent, spent: Sitha
Updated : 5 years, 1 month ago IST
New Delhi [India], February 1 (ANI): The government has decided to spend big on infrastructure across a wide variety of sectors to give a greater impetus to the economy which is recovering from the impact of COVID-19, Finance Minister Nirmala Sitharaman said on Monday.
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FY21 fiscal deficit at 9.5 pc of GDP
Updated : 5 years, 1 month ago IST
New Delhi [India], Feb 1 (ANI): Finance Minister Nirmala Sitharaman said on Monday the fiscal deficit for FY21 has been pegged at 9.5 per cent of the GDP and will come down to 6.8 per cent in FY22.
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Survey calls for more active, counter-cyclical fiscal policy
Updated : 5 years, 1 month ago IST
New Delhi [India], January 29 (ANI): India's primary deficit (Centre and states) for FY21 is assumed to be 6.8 per cent of GDP, according to the Economic Survey tabled in Parliament on Friday.
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TVS Motor clocks highest ever revenue of Rs 5,404 crore in Q3
Updated : 5 years, 1 month ago IST
Chennai (Tamil Nadu) [India], January 28 (ANI): TVS Motor Company on Thursday reported the highest ever revenue of Rs 5,404 crore in the third quarter of 2020-21, marking a growth of 31 per cent over Rs 4,126 crore in the same period of previous fiscal year.
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Kotak Mahindra Bank PAT up 16 pc for Q3 at Rs 1,854 cr
Updated : 5 years, 1 month ago IST
Mumbai (Maharashtra) [India], January 25 (ANI): Private sector lender Kotak Mahindra Bank on Monday reported 16 per cent jump in its profit after tax for Q3 FY21 to Rs 1,854 crore from Rs 1,596 crore in the same period of last fiscal year.
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SRF reports 6 pc dip in Q3 PAT to Rs 324 crore
Updated : 5 years, 1 month ago IST
Gurugram (Haryana) [India], Jan 22 (ANI): Industrial and specialty intermediates manufacturer SRF Ltd has reported 6 per cent fall in its profit after tax to Rs 324 crore in Q3 FY21 as compared to Rs 345 crore in the corresponding period of previous fiscal.
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CSB Bank reports PAT of Rs 53 cr in Q3
Updated : 5 years, 1 month ago IST
Thrissur (Kerala) [India], January 19 (ANI): Private sector lender CSB Bank (earlier known as Catholic Syrian Bank) on Tuesday reported a profit after tax of Rs 53 crore in the third quarter (October to December 2020) as compared to Rs 28 crore in the corresponding period of the previous fis
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Japan to use over 7 billion USD to boost subsidies for restaurants, bars
Updated : 5 years, 2 months ago IST
Tokyo [Japan], January 15 (ANI/Xinhua): Japan's cabinet on Friday decided to use 741.8 billion yen (7.15 billion US dollars) in reserve funds for fiscal 2020 to boost subsidies for restaurants and bars shortening their operating hours in line with the emergency virus declaration.
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India's medium-term growth will slow to 6.5 pc after initial rebound: Fitc
Updated : 5 years, 2 months ago IST
London [UK], January 14 (ANI): The Indian economy will suffer a lasting damage from coronavirus crisis and after an initial strong rebound in fiscal year ending March 2022, the growth will slow to around 6.5 per cent a year over FY23 to FY26, according to Fitch Ratings.
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HPL Electric & Power posts 25 pc growth in consumer segment during Q3
Updated : 5 years, 2 months ago IST
Noida (Uttar Pradesh) [India], Jan 13 (ANI): HPL Electric and Power has posted 25 per cent year-on-year sales growth in consumer segment to Rs 135 crore during the third quarter of current fiscal.
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GDP may rebound to 10.1 pc growth in FY22: ICRA
Updated : 5 years, 2 months ago IST
New Delhi [India], Jan 13 (ANI): After a 7.8 per cent pandemic-driven contraction in the ongoing fiscal year, India's real GDP is projected to record an expansion of 10.1 per cent in FY2022, according to investment information agency ICRA.
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India's economy poised for recovery supported by vaccine rollout: Fitch
Updated : 5 years, 2 months ago IST
New York [USA], January 11 (ANI): Fitch Ratings expects India's economy to contract by a record 9.4 per cent in the current fiscal year ending March 2021 (FY21) amid the shock from coronavirus pandemic but this represents a 1.1 percentage point improvement from its our previous forecast, ref
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