New Delhi [India], May 12 (ANI): Prime Minister Narendra Modi on Tuesday announced USD 265 billion fiscal stimulus to deal with COVID-19 situation in the country. The package is the second largest in Asia after Japan.
Chandigarh [India], May 11 (ANI): Punjab Chief Minister Captain Amarinder Singh on Monday pitched for extension of the lockdown with a "carefully crafted strategy", which is to be backed by fiscal and economic empowerment of the states to save lives and secure livelihood.
Mumbai (Maharashtra) [India], May 11 (ANI): Piramal Enterprises Ltd on Monday reported a net loss of Rs 1,703 crore for Q4 FY20 versus a net profit of Rs 455 crore in the corresponding period of previous fiscal.
Ahmedabad (Gujarat) [India], May 9 (ANI): Adani Transmission Ltd (ATL) on Saturday reported 60 per cent plunge in its Q4 (January to March) profit after tax at Rs 59 crore compared to Rs 147 crore in the corresponding period of previous fiscal.
Atlanta [USA], May 8 (ANI): Novelis Inc, a subsidiary of Aditya Birla-led Hindalco Industries, has reported 12 per cent year-on-year decline in net sales to 2.7 billion dollars for the fourth quarter of fiscal 2020 due to lower average LME aluminum prices and local market premiums, and a 7 p
Ahmedabad (Gujarat) [India], May 6 (ANI: Adani Enterprises Ltd (AEL) on Wednesday reported 8 per cent increase in its consolidated total income for the financial year ended March 31 at Rs 44,086 crore compared to Rs 40,951 crore in the previous fiscal.
Mumbai (Maharashtra) [India], May 5 (ANI): SBI Life Insurance on Tuesday posted 16 per cent increase in its net profit for the fourth quarter (January to March) of fiscal 2019-20 at Rs 531 crore as against Rs 458 crore in the year-ago period.
New Delhi [India], May 4 (ANI): India's economic growth is likely to pick up during second half of the current fiscal year (October to March) as the combined impact of COVID-19 crisis and subsequent lockdown is likely to linger in the first two quarters, CII President Vikram Kirloskar said o
New Delhi [India], May 4 (ANI): Chief Economic Advisor (CEA) K V Subramanian said on Monday the GDP growth in the first quarter (April to June) this fiscal is likely to range between one to two per cent due to COVID-19 led crisis and subsequent lockdown which brought economic activities t
Mumbai (Maharashtra) [India], May 4 (ANI): JSW Steel, the flagship business of 14 billion dollar JSW Group, on Monday reported crude steel production of 5.63 tonnes in April, clocking an average capacity utilisation of 38 per cent.
Raipur (Chhattisgarh) [India], May 1 (ANI): Chhattisgarh Chief Minister Bhupesh Baghel on Friday wrote to Prime Minister Narendra Modi, seeking consent to relax this year's credit limit up to 6 per cent of GSDP and keep fiscal deficit at 5 per cent.
Chandigarh [India], April 29 (ANI): Despite fiscal crunch due to COVID-19 lockdown, Haryana Chief Minister Manohar Lal Khattar has stated that there will be no restriction whatsoever on the withdrawal of GPF advances by the state government employees for unavoidable expenditure like marriage