Search For "fiscal"
Brokerage firms express optimism over Paytm's growth post Q 1 FY25 earning
Updated : 1 year, 7 months ago IST
Brokerage firms Goldman Sachs, Jefferies, Bernstein, and Dolat Capital have collectively voiced optimism about the growth and recovery trajectory of Paytm, a leading payments and financial services distribution company and pioneer of QR and mobile payments, following its first-quarter fiscal
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Hard to implement IMF deal as political pressure surges in Pakistan: Exper
Updated : 1 year, 7 months ago IST
The current fiscal year's tax-laden budget and the Supreme Court's ruling on reserved seats have shifted the focus of politics to the economy, further posing doubts over Pakistan's ability to meet the new International Monetary Fund (IMF) conditions for a USD 7 billion loan, reported Dawn.
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Fiscal consolidation with welfare measures, budget may see a mild increase
Updated : 1 year, 8 months ago IST
The fiscal buffer from the Reserve Bank of India's (RBI) excess dividend, amounting to 0.4 per cent of GDP, is likely to be disproportionately allocated towards the rural, farm, and welfare sectors, with a slight increase in capex.
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Top Real Estate Players Break Records, Over Rs. 12000 Crores in Quarterly
Updated : 1 year, 8 months ago IST
Delhi NCR [India], July 20: Top-listed real estate players in India are experiencing exceptional business growth, driven by strong consumer demand and increased sales. Many developers have reported record-breaking pre-sales in the 2023-24 fiscal year, highlighting their robust market perform
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ADB raises growth forecast for developing Asia to 5.0 per cent, calls Indi
Updated : 1 year, 8 months ago IST
The Asian Development Bank (ADB) kept the Indian economic growth forecast unchanged at 7 per cent for fiscal year 2024 in the latest Asian Development Outlook.
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India may boost FY25 capex by 8-10 pc amid surging revenues and record RBI
Updated : 1 year, 8 months ago IST
This fiscal boost comes as India reaches a historic financial milestone. The total market capitalization of all stocks listed on the Bombay Stock Exchange (BSE) briefly surpassed USD 5 trillion for the first time, placing India among global giants such as the US, China, Japan, and Hong Kong.
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Magma Profitably Crosses 300 Crore Run Rate, Eyes 500 Crore by Year-End
Updated : 1 year, 8 months ago IST
Ahmedabad (Gujarat) [India], July 16: Magma, a one-stop B2B manufacturing solutions provider, proudly announces its significant milestone of surpassing Rs. 300 Crore run rate. The company is on track to reach an impressive Rs. 500 Crore run rate by the end of this fiscal year.
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India's securitisation market steadies in 1QFY25 with PTCs leading at 52 p
Updated : 1 year, 8 months ago IST
This drop was anticipated following HDFC Ltd's exit from the direct assignment (DA) market in July 2023. However, the quarter-on-quarter (Q-o-Q) change was minimal, with only a 3 per cent decrease, indicating potential growth in the securitisation market for the remainder of the fiscal year.
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Crude prices to average at USD 83-88 in FY25, may increase govt fiscal bur
Updated : 1 year, 8 months ago IST
The average crude oil prices are expected to surge in the fiscal year 2025 as compared to the previous year, highlights a report by Crisil.
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Pakistan government borrows PKR 3.2 trillion from bank in just 45 days
Updated : 1 year, 8 months ago IST
The Pakistani government has borrowed approximately Pakistani currency (PKR) 3.2 trillion from scheduled banks from May 15 to June 28 of the fiscal year 2023-24, this works out to an average of 71.8 billion PKR per day
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The government will continue on the path to fiscal consolidation in FY25:
Updated : 1 year, 8 months ago IST
The SBI report adds that the various avenues of income for the government such as corporate tax, income tax, customs duty, excise duty, Goods and Services Tax, Net tax revenue, and non-tax revenue have shown a better than estimated revenue collections not only in FY24 but also in the first t
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Union Budget should be looked with long-term perspectives, beyond numbers:
Updated : 1 year, 8 months ago IST
Global financial institution Goldman Sachs says that investors should look beyond the fiscal numbers in Finance Minister Nirmala Sitharaman's budget.
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