Search For "fiscal"
Vishal Fabrics' Ltd. bags export orders worth Rs. 110 crores
Updated : 5 years, 6 months ago IST
Ahmedabad (Gujarat) [India], September 16 (ANI/NewsVoir): BSE and NSE listed Vishal Fabrics Limited (VFL), one of India's leading manufacturers of denim fabrics, part of leading conglomerate Chiripal Group has bagged major export orders worth Rs 110 crores to be executed in the current fisca
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India's economy likely to tank 9 pc due to Covid distress: S&P
Updated : 5 years, 6 months ago IST
Singapore, Sep 14 (ANI): S&P Global Ratings said on Monday it expects India's economy to contract by 9 per cent in the current fiscal year ending March 31, 2021 as rising Covid-19 cases will keep private spending and investment lower for longer.
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States' fiscal deficit at 37 pc for Q1, total capex by govts grows just 2
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 11 (ANI): The total receipts of 14 states in India declined by 18.2 per cent year-on-year in the first quarter of current fiscal while total spending grew by just 2.7 per cent, Motilal Oswal Financial Services said on Friday.
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Uncertain outlook for India as public debt rise underscores policy challen
Updated : 5 years, 6 months ago IST
Hong Kong, September 11 (ANI): Economic growth will turn positive for Asia in the second half of this calendar year but the process of fiscal consolidation is set to be more protracted for the region, according to Fitch Ratings.
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India needs coordinated policy response, more stimulus to battle COVID-19
Updated : 5 years, 6 months ago IST
Washington DC [USA], September 11 (ANI): The impact of COVID-19 pandemic is significant on India's development and the immediate priority is a coordinated policy response, the International Monetary Fund (IMF) has said.
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States may cut FY21 capex by Rs 3 lakh crore due to GST shortfall: ICRA
Updated : 5 years, 6 months ago IST
New Delhi [India], Sep 10 (ANI): States may have to significantly cut their expenditure by as much as Rs 3.4 lakh crore in the current fiscal if they are not paid full compensation relating to Goods and Services Tax (GST), investment information agency ICRA has said.
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Fitch lowers India FY21 GDP forecast to minus 10.5 per cent
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 8 (ANI): Fitch Ratings has sharply lowered its forecast for India's gross domestic product (GDP) growth for the current fiscal year (FY21) and expects it to contract by 10.5 per cent as compared to its earlier estimate of 5 per cent contraction.
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India's fiscal deficit to widen in FY21 to 8.2 pc: Fitch Solutions
Updated : 5 years, 6 months ago IST
Singapore, September 8 (ANI): Fitch Solutions has revised its fiscal deficit forecast for India to 8.2 per cent from 7.2 per cent earlier due to quicker divergence in expenditures and non-debt receipts which saw the deficit exceed the full-year target in only four months.
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Future Lifestyle Fashions Q1 loss at Rs 329 cr on COVID-19 impact
Updated : 5 years, 6 months ago IST
Mumbai (Maharashtra) [India], September 7 (ANI): Future Lifestyle Fashions on Monday reported a standalone loss of Rs 329 crore in the quarter ended June as compared to a profit of Rs 39 crore in the same period of last fiscal year.
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Jubilant Life Sciences Q1 PAT down 52 pc at Rs 88 crore
Updated : 5 years, 6 months ago IST
Noida (Uttar Pradesh) [India], September 4 (ANI): Jubilant Life Sciences on Friday reported 52 per cent fall in its profit after tax of Rs 88 crore in the April to June quarter as against Rs 185 crore in the corresponding period of previous fiscal year.
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Apparel exports to register 40 per cent expansion in FY21: AEPC
Updated : 5 years, 6 months ago IST
New Delhi [India], September 3 (ANI): Apparel exports from India will expand by about 40 per cent this fiscal, the Apparel Export Promotion Council (AEPC) said on Thursday.
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Jubilant FoodWorks Q1 loss at Rs 73 cr as sales crash in COVID-19 lockdown
Updated : 5 years, 6 months ago IST
Noida (Uttar Pradesh) [India], September 2 (ANI): Food services major Jubilant FoodWorks which operates Domino's Pizza and Dunkin' Donuts chain in India on Wednesday reported a loss of Rs 73 crore in the first quarter of current fiscal as COVID-19 lockdown closed businesses and consumer dema
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