Yokohama [Japan], May 28 (ANI): Japanese automaker Nissan on Thursday reported a 671 billion yen (about 6.2 billion dollars) net loss for the latest fiscal year and said it intends to close its Barcelona plant in Spain in addition to the one it is planning to shutter in Indonesia.
Mumbai (Maharashtra) [India], May 26 (ANI): India Ratings and Research (Ind-Ra) expects the aggregate fiscal deficit of states to now rise to 4.5 per cent of gross domestic product (GDP) in FY21 as against the agency's earlier forecast of 3 per cent.
Bengaluru (Karnataka) [India], May 25 (ANI/NewsVoir):HomeLane, India's preferred home interiors company, today announced its unaudited financial results for FY20, posting a 130 per cent jump in its operating revenues, from Rs 99.95 crore last fiscal to Rs 230.4 crore during FY20.
New Delhi [India], May 23 (ANI): Union Finance Minister Nirmala Sitharaman on Saturday said that the Rs 20 lakh crore comprehensive economic package was announced after comparing announcements of other countries and every country has thought of a basket of measures including fiscal and monet
Mumbai (Maharashtra) [India], May 21 (ANI): Bajaj Finserv on Thursday reported 77 per cent decline in its Q4 FY20 consolidated net profit to Rs 194 crore as compared to Rs 839 crore in the corresponding quarter of previous fiscal.
Mumbai (Maharashtra) [India], May 19 (ANI): Bajaj Finance on Tuesday posted a consolidated profit after tax for Q4 FY20 at Rs 948 crore, down 19 per cent from Rs 1,176 crore in the corresponding period of previous fiscal.
New Delhi [India], May 18 (ANI): Senior Congress leader P Chidambaram on Monday expressed disappointment over the COVID-19 economic package and requested the Centre to announce a revised and comprehensive fiscal stimulus package of not less than Rs 10 lakh crore.
New Delhi [India], May 16 (ANI): Finance Minister Nirmala Sitharaman did not announce any fiscal measure in her fourth tranche of the economic stimulus package, said senior Congress leader P Chidambaram on Saturday.
New Delhi [India], May 16 (ANI): The government's announcement of enhancing gross borrowings to Rs 12 lakh crore from the budgeted Rs 7.8 lakh crore in FY21 will largely take care of the revenue shortfall, leaving little space for fiscal stimulus, unless the Centre sharply cuts the budgeted
New Delhi [India], May 14 (ANI): Former Finance Minister and senior Congress leader P Chidambaram on Wednesday said that apart from a couple of liquidity and regulatory measures, there is no fiscal support for the middle class in the announcement made by Finance Minister Nirmala Sitharaman.
Mumbai (Maharashtra) [India], May 13 (ANI): Private sector lender Kotak Mahindra Bank on Wednesday reported a standalone profit after tax of Rs 1,267 crore in the January to March quarter (Q4 FY20), down 10 per cent from Rs 1,408 crore in the corresponding period of previous fiscal.
New Delhi [India], May 13 (ANI): Congress leader Shashi Tharoor on Wednesday took a jibe at the Rs 20 lakh Crore economic package and "Self-reliant India Mission" announced by Prime Minister Narendra Modi, as being nothing new but a repackaged version of "Make in India" initiative.