Search For "fiscal"
Goldman Sachs expects India to stick to 5.1 pc fiscal deficit announced in
Updated : 1 year, 8 months ago IST
Investment banking company Goldman Sachs expects the central government to stick to the announced fiscal deficit target of 5.1 per cent of GDP for 2024-25 in the upcoming Budget to be tabled on July 23 and announce further consolidation to a deficit of below 4.5 per cent in 2025-26.
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Union Budget should focus on fiscal prudence, tax restructuring, agricultu
Updated : 1 year, 8 months ago IST
As the central government prepares for the upcoming budget on July 23rd, a research report by the State Bank of India (SBI) highlights crucial areas that need attention to drive sustainable economic growth and development.
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Centre must target 4.9% fiscal deficit in 2024 and continue consolidation,
Updated : 1 year, 8 months ago IST
The government under Prime Minister Narendra Modi should focus on adherence to fiscal prudence and continue on the fiscal consolidation path, suggested SBI Research ahead of the much-awaited full Budget for 2024-25 to be tabled on July 23 - the first Budget under Modi 3.0.
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Pakistan's public sector enterprises suffocate under mounting PKR 1.7 tril
Updated : 1 year, 8 months ago IST
Despite a substantial loan from the Asian Development Bank (ADB) aimed at bolstering reforms, the cumulative debt of PSEs has soared to PKR 1.7 trillion, with an additional borrowing exceeding Rs43 billion in the fiscal year 2024.
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Credit growth in India expected to exceed nominal GDP this fiscal: SBI Cap
Updated : 1 year, 8 months ago IST
Credit growth in the Indian banking sector is expected to exceed nominal GDP growth in the current financial year 2024-25, growing at 13-15 per cent, according to SBI Capital Markets.
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India's FMCG sector to see revenue growth of 7-9 pc in fiscal 2024: CRISIL
Updated : 1 year, 8 months ago IST
The report added that the product realisations are expected to grow modestly with slight increases in key raw material prices for the food and beverages (F&B) segment, while prices for personal care (PC) and home care (HC) segments will remain stable.
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Coal production up by 35 per cent in first quarter of the current fiscal
Updated : 1 year, 8 months ago IST
According to the official figures released by the ministry on July 3, coal production surged by 35 per cent year-on-year, rising from 29.26 million tonnes (MT) in the first quarter of financial year (FY) 2024 to 39.53 MT in the first quarter of Q1 FY25.
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MP Budget 2024-25: Rs 1,081 cr proposed for culture dept, including provis
Updated : 1 year, 8 months ago IST
State Finance Minister Devda said that the budget for the culture department for the current fiscal year was two and a half times more than that of the budget estimate of the last FY 2023-24.
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MP Budget: Rs 21,444 crore proposed for health sector for FY 2024-25
Updated : 1 year, 8 months ago IST
State Finance Minister Devda said that the budget for the health sector for the current fiscal year was 34 per cent more than that of the budget estimate of the last FY 2023-24.
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MP presents budget of Rs 26,560 cr for women and child development, includ
Updated : 1 year, 8 months ago IST
State Finance Minister Devda said that the budget for Women and Child Development for the current fiscal year was 81 per cent more than that of the budget estimate of the last FY 2023-24.
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Pak budget 2024-25: Former Sindh guv objects to newly imposed taxes on sal
Updated : 1 year, 8 months ago IST
Criticising the budget for the fiscal year 2024-25 rolled out by the Shehbaz Sharif-led coalition government, the former governor of Sindh, Muhammad Zubair has said that both direct and indirect taxes have affected the salaried class majorly, pointing to unequal tax imposition, reported ARY
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Eicher Motors sales up 10 pc while Ashok Leyland 2 pc down in June 24 (YoY
Updated : 1 year, 8 months ago IST
Eicher Motors and Ashok Leyland reported contrasting sales figures for June 2024 and the fiscal year 2024-25, reflecting both challenges and resilience within the industry.
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