Search For "fiscal"
Rural economy is driving India's growth, Govt capex in infra will stimulat
Updated : 1 year, 7 months ago IST
The Rural economy of India has emerged as a significant driver of economic growth, outpacing urban areas largely due to increased government spending in the recent quarters, highlighted a report by Anand Rathi, a financial service company.
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Renewable energy storage capacity to rise from 1 GW to 6 GW by year 2027-2
Updated : 1 year, 7 months ago IST
India's renewable energy storage capacity is expected to surge 6 GW by fiscal 2028 from less than 1 GW operational as of March 2024, driven by a robust pipeline of projects under implementation, said Crisil Ratings.
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US accounts for highest FPI investment in India, followed by Luxembourg an
Updated : 1 year, 7 months ago IST
The United States accounts for the highest share of Foreign Portfolio Investors (FPIs) investing in India during the fiscal year 2023-24, highlights a report by the Securities and Exchange Board of India. (SEBI)
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RBI expected to begin rate cuts in October, with two reductions this fisca
Updated : 1 year, 7 months ago IST
The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that external factors like weather conditions and international commodity prices do not cause any disruptions, the credit rating agency, Crisil said in its report.
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In FY24, 272 companies went public as compared to 164 in FY23: SEBI
Updated : 1 year, 7 months ago IST
India's Initial Public Offering (IPO) market witnessed a resurgence in 2024, with a total of 272 companies going public compared to 164 during the previous fiscal year, highlights a report by SEBI.
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USISPF hosts interaction on Union Budget with Finance Secy, Chief Economic
Updated : 1 year, 7 months ago IST
The discussion provided USISPF members and leading corporations in the US-India corridor with in-depth perspectives on the Union Budget and India's economic trajectory and fiscal policies.
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US provides over USD 212 million financial support to Bangladesh in 2023,
Updated : 1 year, 7 months ago IST
US State Department Spokesperson Matthew Miller stated in a media briefing that Washington has provided over 212 million dollars in bilateral economic development and health assistance to Bangladesh in fiscal year 2023.
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India sees surge in MSME registrations: 4.77 cr registrations on Udyam Por
Updated : 1 year, 7 months ago IST
In terms of exports, MSME products have maintained a substantial share in India's overall export figures. According to data from the Directorate General of Commercial Intelligence and Statistics (DGCIS), the share of MSME-specified products in total Indian exports was 45.03 per cent for the
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Inflation to remain around 5 per cent this fiscal: SBI report
Updated : 1 year, 7 months ago IST
Recent data indicates that the Consumer Price Index (CPI) inflation rose to 5.08 per cent in June 2024, driven primarily by higher food and beverage prices.
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India's tour and travel revenue set to soar 15-17 per cent this fiscal: CR
Updated : 1 year, 7 months ago IST
The growth will be supported by improving infrastructure, rising disposable incomes, a shift in travel patterns, and the government's focus on boosting domestic tourism.
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Resolutions under IBC up by a record 42 pc in FY 2024; real estate and man
Updated : 1 year, 7 months ago IST
The Insolvency and Bankruptcy Code (IBC) recorded the highest-ever number of resolutions in fiscal 2024. In the year 269 cases received approval from the National Company Law Tribunal (NCLT) for resolution plans.
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April-June 2024 figures suggest fiscal deficit at Rs 1.4 tn Vs Rs 4.5 tn (
Updated : 1 year, 7 months ago IST
India's fiscal deficit reduced to Rs 1.4 trillion during April-June 2024, down from Rs 4.5 trillion reported in the same period last year, according to a report by Anand Rathi Equity, a financial services company.
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