Search For "fiscal"
Pakistan requests additional USD 1.4 billion loan from China amid ongoing
Updated : 1 year, 4 months ago IST
In a bid to tackle persistent external financing issues, Pakistan has formally requested an additional loan of 10 billion yuan (USD 1.4 billion) from China. This appeal comes amidst ongoing fiscal pressures and follows the utilisation of an existing trade finance facility.
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OMCs' operating profit to drop by 30% in FY25 amid diesel spread softening
Updated : 1 year, 4 months ago IST
Oil marketing companies (OMCs) will see operating profit drop to USD 12-14 per barrel in fiscal 2025 from USD 20 per barrel last fiscal, said report.
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India Shelter Finance Achieves 36% YoY AUM Growth in Q2FY25; PAT Surges 50
Updated : 1 year, 4 months ago IST
Gurugram (Haryana) [India], October 25: India Shelter Finance Corporation Limited announced its financial results for the 2nd Quarter of Fiscal year 2025. The Board of Directors of India Shelter Finance Corporation at its meeting held today, approved the unaudited financial results for quart
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NPST Achieves 264 per cent Growth in Q2 FY'25 Net Profit, Announces Move t
Updated : 1 year, 4 months ago IST
Mumbai (Maharashtra) [India], October 23: Network People Services Technologies Limited (NSE EMERGE - NPST), a leading provider of digital banking and payment technology solutions listed on the NSE SME exchange, has reported strong financial results for Q2 and the half-year of FY 2025. In Q2
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IMF retains India's GDP growth at 7 pc for FY25, says worldwide inflation
Updated : 1 year, 4 months ago IST
The IMF retained its growth rate projects for India in its latest World Economic Outlook (WEO) and expects India to grow at 7 per centi n the current fiscal year ending March 31, 2025 and 6.5 per cent in the next fiscal year (FY2025-26).
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Adani Energy Solutions logs 172% rise in Q2 profits at Rs 773 crore
Updated : 1 year, 4 months ago IST
Adani Group company Adani Energy Solutions Limited on Tuesday reported that its net profit or Profit After Tax during the July-September quarter rose 172.2 per cent to Rs 773 crore. In the same quarter of last fiscal, it was at Rs 284 crore.
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Gujarat CM Patel calls for recognition of fiscal discipline in meeting wit
Updated : 1 year, 4 months ago IST
Chief Minister Patel said that this will not only give recognition to the responsible financial management and disciplined spending of such states but will also inspire other states to do the same.
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Inter-state disparity in terms of revenue receipt remains huge: Report
Updated : 1 year, 4 months ago IST
The revenue disparity among Indian states continues to be significant, while some states have shown revenue growth in FY25 but others have reported a revenue contraction, highlighted a report by National Stock Exchange
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Grant-in-aid, tax devolution from Centre to States will moderate at 4.5 pc
Updated : 1 year, 4 months ago IST
State governments across India are expected to face tighter finances in FY25, as grants-in-aid from the Centre are projected to decline by 6.3 per cent, highlighted a report by NSE.
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Maldives announces removal of 228 political appointees in major cost-cutti
Updated : 1 year, 5 months ago IST
Maldives which faces heightened external and fiscal vulnerabilities announced the removal of 228 political appointees from various government ministries as part of his administration's Economic Reform Agenda, aimed at reducing government expenditure.
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Himachal CM Sukhu directs to form umbrella act for dealing with all water-
Updated : 1 year, 5 months ago IST
Himachal Pradesh Chief Minister Thakur Sukhvinder Singh Sukhu directed officials to make an umbrella act combining all water-related laws, for which an expert committee will be formed.
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Cement demand to moderate at 7-8 pc this fiscal from 11 pc between FY22-FY
Updated : 1 year, 5 months ago IST
This marks a slowdown following a compound annual growth rate of around 11 per cent between fiscals 2022 and 2024. Despite the tempered growth, the operating profitability of cement companies is anticipated to remain stable at Rs 975-1,000 per tonne, which is above the decadal average of Rs
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