Search For "fiscal"
Cabinet approves pact on avoidance of double taxation with Chile
Updated : 6 years, 3 months ago IST
New Delhi [India], Nov 27 (ANI): The government on Wednesday approved signing of a double taxation avoidance agreement (DTAA) with Chile for elimination of double taxation besides prevention of fiscal evasion and avoidance with respect to taxes on income.
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Indian states face challenges in reducing deficits, constraining governmen
Updated : 6 years, 3 months ago IST
London [Britain], Nov 27 (ANI): Indian states face difficulties in reducing deficits, challenging the country's ability to meet medium-term fiscal consolidation goals as economic growth slows, Moody's Investors Service said in a new report released on Wednesday.
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ICRA downgrades Bharti Airtel's long-term rating to AA-minus
Updated : 2 years, 4 months ago IST
New Delhi [India], Nov 26 (ANI): Investment information company ICRA has downgraded Bharti Airtel Ltd's long-term rating from AA to AA-minus due to recognition of higher-than-anticipated provision after the Supreme Court judgment on dues payable towards license fees on adjusted gross revenue
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OECD hails India reforms, pegs 6.2 pc growth in 2020
Updated : 6 years, 3 months ago IST
Paris [France], Nov 24 (ANI): India's monetary and fiscal policies have become accommodative as election-related uncertainties fade, raising the prospect of economic growth recovering to just under 6.5 per cent by next financial year (2020-21), the Organisation for Economic Cooperation an
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Sri Lanka election result increases policy uncertainty: Fitch
Updated : 6 years, 3 months ago IST
Hong Kong, Nov 22 (ANI): Sri Lanka's presidential election significantly increases policy uncertainty and could prompt loosening that exacerbates fiscal weaknesses and a rollback of reforms, according to Fitch Ratings.
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Weak H1 corporate earnings reflect overall economic slowdown: Care Ratings
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Nov 19 (ANI): Care Ratings said on Tuesday that the first half of current fiscal (H1 FY20) shows that corporate earnings have been weak indicative of an overall slowdown in various industries and the economy.
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Subdued tax revenue growth suggests likely fiscal slippage in FY 20: ICRA
Updated : 6 years, 4 months ago IST
New Delhi [India], Nov 16 (ANI): Unfavourable trends in tax revenue collections suggest that a fiscal slippage in the current financial year 2019-20 (FY20) appears likely, according to investment information firm ICRA.
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RCom posts Q2 loss of Rs 30,142 crore on provisioning of liabilities
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Nov 16 (ANI): Bankrupt telecom operator Reliance Communications has posted a consolidated loss of Rs 30,142 crore for the second fiscal quarter (July to September) due to provisioning of liabilities after the recent Supreme Court ruling on statutory dues.
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GMR's Q2 loss widens to Rs 457 crore despite higher revenue
Updated : 6 years, 4 months ago IST
New Delhi [India], Nov 15 (ANI): GMR Infrastructure Ltd has reported a consolidated net loss for the second fiscal quarter ending September at Rs 457 crore against Rs 334 crore in the corresponding period of previous fiscal.
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HPL Electric Q2 EBITDA rises by 5 pc due to healthy growth in meters and l
Updated : 6 years, 4 months ago IST
New Delhi [India], Nov 15 (ANI): HPL Electric and Power Ltd said on Friday its earnings before interest, tax, depreciation and amortisation (EBITDA) margins during the second fiscal quarter expanded by 123 basis points to 12.9 per cent driven by increased revenue contribution from higher-mar
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Morepen Labs reports 24 per cent rise in its net sales and 34 per cent ris
Updated : 6 years, 4 months ago IST
New Delhi [India] Nov 13 (ANI/NewsVoir): Morepen Laboratories Ltd. has reported a Net sales Revenue (Standalone) of Rs 383.30 crore in the half year ended September 30th, 2019, registering a growth of 24.2 per cent as compared to the Net Sales Revenue of Rs 308.56 crore in the corresponding
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Cosmo Films reports 184 pc hike in quarterly profit at Rs 29 crore
Updated : 6 years, 4 months ago IST
New Delhi [India], Nov 13 (ANI): Cosmo Films Ltd, a global leader in films for packaging, labelling and lamination applications besides synthetic paper, on Wednesday reported a profit after tax of Rs 28.7 crore in the July to September quarter of current fiscal.
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