Search For "fiscal"
Nifty to deliver revenue growth of 4.5 pc in Q2 FY25, profit after tax to
Updated : 1 year, 5 months ago IST
As the earnings season begins and companies start reporting their financial results, the Nifty 50 index is projected to deliver a revenue growth of 4.5 per cent for the second quarter of the fiscal year 2025 (FY25), according to a report by Axis Securities.
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CSR Spending Surges 13 percentage: Companies Look Beyond Compliance
Updated : 1 year, 5 months ago IST
Bengaluru (Karnataka) [India], October 9: There has been a 13 per cent rise in CSR spending, with total allocations reaching Rs. 29,000 crore for the fiscal year 2022-23, according to the State of CSR Report 2024. This annual report, launched by Sattva Consulting, highlights significant tren
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With enhanced revenue collections, government is confident of meeting the
Updated : 1 year, 5 months ago IST
"Aided by buoyant revenue generation, restrained revenue expenditure growth and healthy economic activity, the fiscal deficit is estimated to decline further from 5.6 per cent of GDP in FY24 (provisional actuals) to 4.9 per cent in FY25," she said.
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BRICS+ nations are better prepared to manage future economic challenges th
Updated : 1 year, 5 months ago IST
The BRICS+ group of countries are better placed to fiscally combat any future major economic crisis, as the countries in the BRICS+ group have a lower debt-GDP ratio, highlighted a report by Ernst & Young, an international consultation firm.
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India's manufacturing sector slips for second consecutive month in Septemb
Updated : 1 year, 5 months ago IST
Although the index remains firmly in expansion territory, this marks the weakest performance since January 2024. The moderation in growth reflects a broader trend in the second fiscal quarter, with the average PMI reading hitting its lowest level since the three months ending December 2023.
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Government will have to increase the speed of Capex expenditure to meet ta
Updated : 1 year, 5 months ago IST
The central government will have to increase the speed of spending capital expenditure by 41 per cent in the remaining months of this fiscal year to meet the capital expenditure growth targets.
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Deendayal Port Authority sets new record in cargo handling, crosses 70 MMT
Updated : 1 year, 5 months ago IST
Deendayal Port Authority, Kandla on Sunday announced a significant milestone in cargo handling, achieving 70 MMT this fiscal year--a remarkable feat accomplished 16 days ahead of the previous fiscal.
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India to boost crude oil refining capacity by 35-40 MT by Fiscal 2030: Cri
Updated : 1 year, 5 months ago IST
India's oil marketing companies (OMCs) are expected to increase the country's crude oil refining capacity by 35-40 million tonnes (MT) by the end of fiscal 2030, the Crisil Ratings said.
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Rubber prices surge 33% this fiscal, Tyre manufacturers under pressure: Cr
Updated : 1 year, 5 months ago IST
The tyre manufacturers are grappling with soaring natural rubber prices, which have surged by over 33 per cent in last five months of fiscal 2025, Crisil said in its recent report.
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Govt may save over Rs 60,000 crore on Crude imports this fiscal: Experts
Updated : 1 year, 5 months ago IST
With the softening of crude prices in the international market, it is estimated that the government may save up to Rs 60,000 crore on crude imports this fiscal as compared to last year.
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Govt to issue Rs 20,000 cr 'Sovereign Green Bonds' in four tranches this f
Updated : 1 year, 5 months ago IST
The central government has planned to collect Rs 20,000 crores through the 'Sovereign Green Bonds' in the second half (Oct-Mar) of the financial year 2025, according to a release by the Finance Ministry
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India's Bank bond issuances may hit Rs 1.2-1.3 trn this fiscal: ICRA
Updated : 1 year, 5 months ago IST
Tight liquidity conditions and strong credit growth, outpacing deposit accumulation, have prompted banks to turn to bond markets to meet their funding requirements. As of FY2025 year-to-date (YTD), banks have issued Rs. 767 billion in bonds, reflecting a 225 per cent year-on-year increase an
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