Search For "fiscal"
GeM sets new benchmark, crosses Rs 4 lakh crore GMV within 10 months of FY
Updated : 1 year, 1 month ago IST
The Government e Marketplace (GeM) has surpassed the last years' historic high Gross Merchandise Value (GMV) of Rs 4 lakh crore within 10 months of the current Fiscal Year 2024-25, Ministry of Commerce and Industry said in a statement Friday.
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Odisha tops Niti Aayog's Fiscal Health Index, Chhattisgarh and Goa follows
Updated : 1 year, 1 month ago IST
With a cumulative score of 67.8, Odisha tops the ranking in fiscal health among 18 major States, followed by Chhattisgarh and Goa with scores of 55.2 and 53.6, respectively, as per the inaugural issue of NITI Aayog's report titled "Fiscal Health Index (FHI) 2025."
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Anjani Synthetics Reports Resilient Performance: Rs254.24 Cr Turnover, Rs7
Updated : 1 year, 1 month ago IST
Ahmedabad (Gujarat) [India], January 23: Anjani Synthetics Ltd., a leading name in the textile industry, continues its remarkable recovery from the challenges posed by the COVID-19 pandemic. The company has demonstrated resilience and adaptability, achieving significant milestones in the fis
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Centre likely to stay committed to fiscal consolidation in Union Budget: C
Updated : 1 year, 1 month ago IST
Sachin Gupta, Chief Rating Officer, CareEdge Ratings, stated, "The budget is likely to focus on supporting consumption, boost manufacturing competitiveness to support job creation and tap the demographic potential, emphasis on agriculture via higher allocation for agri r&d, farmers' welf
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Domestic investment announcements cross Rs 37 Lakh Crore in last two years
Updated : 1 year, 1 month ago IST
Domestic investment announcements in India have seen a remarkable surge, crossing Rs 37 lakh crore in the last two fiscal years (FY23 and FY24), according to a report by the State Bank of India (SBI).
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US SEC Closes Investigation into Eros Media World plc and Affiliates; Inte
Updated : 1 year, 1 month ago IST
Douglas (Isle of Man) [UK], January 23: Eros Media World plc ("EMW" or the "Company") is pleased to announce that the Company's internal review of certain accounting practices and internal controls has been concluded, with the Audit Committee concluding that no revenues of the Company recogn
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Union Budget will balance fiscal consolidation and growth; Capital expendi
Updated : 1 year, 1 month ago IST
The report mentioned, "For the fiscal year 2025-26, Union budget will skilfully balance fiscal consolidation, and measures for advancing growth. We expect centre to achieve or maybe even undershoot (by ~10bps) its fiscal deficit target of 4.9 per cent ( per cent of GDP), owing to expected sa
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Indian economy to grow 6.5-6.8% in 2024-25 fiscal, projects Deloitte
Updated : 1 year, 1 month ago IST
Amid evolving economic conditions, Deloitte India, in its latest Economic Outlook, has revised its annual GDP growth projection for 2024-25 to 6.5-6.8 per cent, with expectations for 6.7-7.3 per cent in the following year.
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Centre likely to stay on fiscal consolidation path in FY26, targets 4.5 pc
Updated : 1 year, 1 month ago IST
The Centre is expected to continue its fiscal consolidation efforts in FY26, with a fiscal deficit target of 4.5 per cent of GDP, according to a report by Emkay Research.
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International Monetary Fund retains India's GDP growth forecast at 6.5% fo
Updated : 1 year, 1 month ago IST
The International Monetary Fund (IMF) retained India's growth forcastat 6.5 per cent for for fiscal 2026 and fiscal 2027, the global economic body said in its World Economic Outlook report.
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Tech Mahindra registers 92.6% rise in Q3 profits, revenue a marginal 1.4%
Updated : 1 year, 1 month ago IST
Tech Mahindra on Friday reported that its consolidated net profit during the October-December quarter rose 92.6 per cent to Rs 983 crore. In the same quarter of last fiscal, the company reported net profit worth Rs 510 crore.
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CSR spending shows headroom for better distribution: Crisil Foundation
Updated : 1 year, 1 month ago IST
Mumbai (Maharashtra) [India], January 17: A decade since government regulations mandated spending and reporting on corporate social responsibility (CSR), there is a need for deeper and more inclusive action, an analysis of 1,871 eligible listed companies that spent Rs 14,714 crore on over
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