The IMF has raised concerns over Pakistan's plan to subsidise imported sugar, warning it could affect the $7 billion loan program. ARY News reports the IMF rejected the "food emergency" claim and fears the sugar will benefit industries, not households. The government may now review its de
Indian edible oil refiners are set to see their revenues decline 2-3 per cent on-year to Rs 2.6 lakh crores this fiscal due to lower realisations, even as volumes grow 2.8-3.0 per cent on-year, according to the credit rating agency Crisil Ratings.
In a significant development, India on Monday received the second GE-404 engine from the US for the LCA Mark 1A fighter jet aircraft programme, Defence officials said.
The sales volume of used cars in India is expected to cross 6 million units this fiscal driven by value-conscious demand, rising digital adoption and better access to finance, the credit rating agency Crisil Rating said in a report.
Assets under management (AUM) of private asset reconstruction companies (ARCs), as measured by security receipts (SRs) outstanding, is expected to decline 4-6 per cent to Rs 1.05 lakh crore this fiscal after sliding 15 per cent last fiscal, according to a latest report by Crisil Ratings.
Speaking at the BRICS Finance Minister and Central Bank Governors meeting, Finance Minister Nirmala Sitharaman highlighted India's demonstrated resilience through a combination of strong domestic demand, prudent macroeconomic management, and targeted fiscal measures.
Growth in India's cement demand will recover to 6.5-7.5 per cent this fiscal (2025-26) after falling to 5 per cent in the recently concluded 2024-25 fiscal, according to a Crisil Ratings report.
According to data released by PBS, the volume of exports during the fiscal year 2024-25 was USD 32.106 billion, falling short of the government's target of USD 32.341 billion.
India has made a promising start to the financial year 2025-26 (FY26), as both fiscal consolidation and capital expenditure (capex) are moving forward together, according to a report by Union Bank of India.
New Delhi [India], July 1: Flow Realty, a new-age real estate sales and marketing firm founded by alumni of IIM-Bangalore and Narsee Monjee Mumbai, facilitated a Gross Transaction Value (GTV) milestone of ₹1,400 crore for the financial year ending March 31, 2025. Acting on behalf of it
Rating agency Crisil has revised India's gross domestic product (GDP) growth to 6.5 per cent for the current fiscal, supported by expectations of above-normal monsoon, rate cuts and the government's rural support schemes.
States and Union Territories combined will raise about Rs 2.86 lakh crore from markets in the quarter July-September 2025, the Reserve Bank of India (RBI) has indicated.