Search For "fiscal"
S&P upgrades India's outlook to positive citing robust growth, governm
Updated : 1 year, 9 months ago IST
S&P Global Ratings on Wednesday revised its rating outlook on India to positive from stable, and added that it expects continuity in economic reforms and fiscal policies regardless of the Lok Sabha election outcome.
Read More
Large Indian banks are expected to improve their asset quality in the curr
Updated : 1 year, 9 months ago IST
The cumulative nonperforming loans (NPLs) of India's three largest private and three largest public banks fell to 2.483 trillion Indian rupees in the 12 months ending March 31, marking an 11 per cent decrease from the previous year's Rs 2.791 trillion.
Read More
LIC quarterly results: Profit rises by 4.5 pc, Rs 6 per share final divide
Updated : 1 year, 9 months ago IST
Public sector insurer LIC (Life Insurance Corporation of India) posted a net profit of Rs 13,781.59 crore for the quarter ending on March 31, 2024. The company's net profit rose by 4.5 per cent from Rs 13,190.79 crore reported in the same period of the previous fiscal year
Read More
Exhicon Events Media Solutions Ltd (EMSL) Announces Stellar FY24 Results
Updated : 1 year, 9 months ago IST
Mumbai (Maharashtra) [India], May 27: Exhicon Events Media Solutions Ltd, an EXHICON Group Company, listed on the BSE has announced its outstanding financial results for the fiscal year 2023-2024.
Read More
RBI's Rs 2.11 lakh dividend provides near term support to fiscal performan
Updated : 1 year, 9 months ago IST
The Rs 2.11 lakh all-time high dividend by Reserve Bank of India, will help the government in maintaining the fiscal deficit at targeted 5.1 per cent for the year 2024-25. Fitch Ratings says, the high dividend by RBI could even lower FD below the target.
Read More
EaseMyTrip achieves EBITDA of Rs 2.28 bn, propelling growth with 32 per ce
Updated : 1 year, 9 months ago IST
This achievement marks a substantial 19 per cent year-on-year (Y-o-Y) growth. The company also disclosed a consolidated revenue from operations of Rs 5,906 million for the same period, reflecting 32 per cent increase compared to the previous fiscal year.
Read More
Despite external headwinds, India closed 2023-24 fiscal strongly: Ministry
Updated : 1 year, 9 months ago IST
The Indian economy closed the just-concluded financial year 2023-24 strongly with its growth surpassing market expectations, despite strong external headwinds, the monthly economic review of the Department of Economic Affairs under the Ministry of Finance said.
Read More
Shriram Life Posts 62 per cent Surge in New Business Premium
Updated : 1 year, 9 months ago IST
Hyderabad (Telangana) [India], May 24: Driven by focussed selling and pan India partnerships, Shriram Life Insurance Company reported impressive earnings for the year ending March 31, 2024, with total new business premium growing by 62% at Rs. 1,871 crore compared to Rs. 1,152 crore last fis
Read More
JK Lakshmi Cement Reports Robust Q4 and FY 2023-24 Result, Net Profit jump
Updated : 1 year, 9 months ago IST
New Delhi [India], May 24: JK Lakshmi Cement Limited (JKLC) today announced its financial results for the fourth quarter (January-March) of the fiscal year 2023-24, along with full financial year 2023-24, demonstrating robust operational performance and a steadfast commitment to sustainabili
Read More
RBI's record dividend of Rs 2.11 lakh crore will be a booster for new govt
Updated : 1 year, 9 months ago IST
The fiscal deficit of the government to reduce by 30-40 basis points from the budgeted level of 5.1 per cent of GDP, highlights a report by SBI
Read More
Shriram General Insurance's Q4 Results: GWP Up 30 per cent to Rs 876Cr, Re
Updated : 1 year, 9 months ago IST
Jaipur (Rajasthan) [India], May 22: Shriram General Insurance Company (SGIC) has announced that its Gross Written Premium (GWP) during Q4 FY24 has increased by 30% to Rs 876 crore, over the same period last year. For the fiscal year ended March 2024, the insurer witnessed a 34% growth in GWP
Read More
Yalla Group reports AED 289 million in revenues in Q1 24
Updated : 1 year, 10 months ago IST
Yalla Group Limited has announced its unaudited financial results for the first quarter of the fiscal year 2024, ending on 31st March. The company's revenues surpassed the AED289 million mark (USD 78.7 million), marking a 7.1 per cent increase from the same quarter last year.
Read More