Search For "fiscal"
S&P revises Tata Steel outlook to stable on solid earnings rebound
Updated : 5 years, 3 months ago IST
Singapore, December 9 (ANI): S&P Global Ratings expects Tata Steel to sustain solid earnings over the next 12 to 18 months following a rebound in the second quarter of fiscal 2021, helped by a benign steel price environment and lower input costs.
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Fitch revises India's FY21 GDP contraction forecast to 9.4 pc
Updated : 5 years, 3 months ago IST
London [UK], December 8 (ANI): Fitch Ratings has revised India's GDP forecast to minus 9.4 per cent in the current fiscal year from a previously projected contraction of 10.5 per cent after the economy staged a sharper rebound in the second quarter.
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RBI projects 6.8 pc retail inflation in Q3 due to supply-side bottlenecks
Updated : 5 years, 3 months ago IST
Mumbai (Maharashtra) [India], December 4 (ANI): Retail inflation is likely to remain elevated with the Reserve Bank of India on Friday pegging it at 6.8 per cent in the third quarter (October to December) of current fiscal year (2020-21).
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Economy to contract at 7.5 pc for FY21 due to COVID-19 impact: RBI
Updated : 5 years, 3 months ago IST
Mumbai (Maharashtra) [India], December 4 (ANI): The Reserve Bank of India (RBI) on Friday revised its forecast of economic growth for the current fiscal year (2020-21) to minus 7.5 per cent compared to its earlier forecast of minus 9.5 per cent.
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India's fiscal deficit stands at Rs 9.53 lakh crore till October
Updated : 5 years, 3 months ago IST
New Delhi [India], November 27 (ANI): India's fiscal deficit from April-October for the financial year 2020-21 stood at Rs 9.53 lakh crore, which is 119.7 per cent of the budgeted target of the whole year, government data showed here on Friday.
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Moody's revises India's 2020 GDP growth forecast to 10.6 per cent contract
Updated : 5 years, 3 months ago IST
New Delhi [India], November 19 (ANI): Moody's on Thursday raised India's gross domestic product (GDP) forecast for 2020 to 10.6 per cent contraction, from an 11.5 per cent contraction projected earlier. It also revised calendar year 2021's GDP upwards to 10.8 per cent compared to the earlier
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India's stimulus 3.0 supportive for growth, fiscal impact unclear: Fitch S
Updated : 5 years, 4 months ago IST
New Delhi [India], November 16 (ANI): Fitch Solutions on Monday said the schemes recently announced by the Centre to boost the employment, credit and manufacturing sectors would be supportive to India's economic rebound over the coming quarters, however, the actual impact on public finances
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Fitch Solutions revises India's fiscal deficit forecast to 7.8 per cent fr
Updated : 5 years, 4 months ago IST
New Delhi [India], November 6 (ANI): Fitch Solutions on Friday revised its forecast for central government's fiscal deficit for the financial year (FY) 2020-21 to 7.8 per cent from its earlier projection of 8.2 per cent.
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Sonalika Records Highest Ever Deliveries with 19,000 Tractors in October'2
Updated : 5 years, 4 months ago IST
New Delhi [India], Nov 2 (ANI/NewsVoir): On the back of unprecedented growth experienced in the first half of the current fiscal, Sonalika Tractors, one of India's leading tractor manufacturer and the No.1 Exports brand from India, has clocked a record delivery of 19,000 tractors in a month
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IOC reports Q2 net profit of Rs 6,227 crore
Updated : 5 years, 4 months ago IST
New Delhi [India], October 30 (ANI): Indian Oil Corporation Limited (IOC) on Friday reported a net profit of Rs 6,227.3 crore for the second quarter of 2020-21 compared to Rs 563 crore in the corresponding quarter of previous fiscal due to higher inventory gains.
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India's largest neo-bank 'InstantPay' eyes Rs 350 crore revenue in FY21
Updated : 5 years, 4 months ago IST
New Delhi [India], October 29 (ANI/NewsVoir): InstantPay, India's largest neo-bank, is eyeing a revenue of Rs 350 crore in FY21, up from Rs 185 crore in the fiscal ended March 2020.
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India will be one of fastest-growing economies next year: Nirmala Sitharam
Updated : 5 years, 4 months ago IST
New Delhi [India], October 27 (ANI): Finance Minister Nirmala Sitharaman on Tuesday indicated that contraction in the economy due to COVID-19 may come down to near zero this fiscal amid the ongoing economic revival and next year India will be one of the fastest-growing economies. Read More
