However, the NDA's slim margin of victory and the BJP's loss of an outright majority in parliament may slow down more extensive economic and fiscal reforms, potentially impeding fiscal consolidation efforts.
In the recently concluded financial year 2023-24, the Adani Group of companies performed its best, delivering a record overall EBITDA growth of 45 per cent.
The Balochistan University of Information Technology, Engineering and Management Sciences vice chancellor, Khalid Hafeez, said that no funds will be available to meet expenditures of universities are the current fiscal year.
New Delhi [India], June 1: Max Life Insurance Company Ltd. ("Max Life" / "Company") has announced its highest-ever participating (PAR) bonus of Rs. 1,826 Crore* for its eligible policyholders in FY23-24. This is the Company's 22nd consecutive annual bonus, ~14% higher* than the bonus declare
The government has been grappling with an unsustainably high fiscal deficit, averaging 7.3 per cent of economic output over the past five years, leading to a staggering national debt of PKR 78.9 trillion.
New Delhi [India], May 31: B L Kashyap & Sons Limited (BSE: 532719 NSE: BLKASHYAP), one of the leading civil engineering and construction company released its financial performance for the fourth quarter of the fiscal year 2023-24. In Q4FY24, the company achieved consolidated revenue of
After having paid an unexpectedly high dividend to the central government by the RBI last financial year, it is now expected that higher dividend payments could continue in the current year too.
New Delhi [India], May 30: Godfrey Phillips India Ltd. (GPIL), a leading FMCG company, announced its annual results for the fiscal year 2023-24. The Fortune 500 India and Economic Times 500 India Company's results reflect a continued trend of growth and solid financial performance, showcasin
According to Crisil report, healthy rains could bolster rural demand, which showed signs of revival after being impacted in the previous fiscal year. Additionally, robust crop output might tame food inflation, creating policy room for potential interest rate cuts, as non-food inflation remai
Jammu (Jammu and Kashmir) [India], May 30: Prevest DenPro Limited, a leading manufacturer of innovative dental materials, today announced its financial results for the fiscal year 2023-24, showcasing a year of growth and resilience. The company also reported impressive performance in the thi
This transfer, coupled with the subsequent government spending, will bolster the central government's fiscal position, enabling potential additional spending or fiscal consolidation.
he outlook for the Indian economy remains bright, backed by a sustained strengthening of various macroeconomic fundamentals, robust financial and corporate sectors, said Reserve Bank of India in its annual report published on Thursday.