Search For "fiscal"
Pakistan's inflation to rise to 29.5pc in FY23: World Bank
Updated : 2 years, 11 months ago IST
The World Bank has warned that Pakistan's inflation is projected to further rise to 29.5 per cent in the fiscal year 2023 due to higher energy and food prices and the weaker Rupee, Dawn reported.
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IMF lowers global growth forecast to 2.8 per cent, says recovery 'on track
Updated : 2 years, 11 months ago IST
The International Monetary Fund (IMF) on Tuesday lowered its growth forecast for the global economy to 2.8 per cent and also said that the recovery of the global economy from both the pandemic and Russia's invasion of Ukraine remains 'on track'.
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In a first, KICK-EV, A dependable EV Partner with 5-year free warranty fro
Updated : 2 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 10 (ANI/NewsVoir): KICK-EV, one of the newest entrants in the electric 2-wheeler segment under the umbrella of AUTO i CARE, India's premier roadside assistance provider is all set to launch electric 2-wheeler "Smassh", An affordable, dependable commuting p
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Advantec Wheels will redefine Premium Alloy Wheels' Passenger Car Aftermar
Updated : 2 years, 11 months ago IST
New Delhi [India], April 6 (ANI/NewsVoir): Close on the heels of announcing its impressive foray into manufacturing of aesthetically designed, high performance and superior quality of Premium Flow Forged Alloy Wheels for India's Aftermarket for passenger cars, Delhi-based Advantec Wheels tod
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Waltair Railway Division achieves its best-ever freight earnings at Rs 8,3
Updated : 2 years, 11 months ago IST
According to a statement, the division has run more than 400 special trains during the year 2022-23.
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SATYA MicroCapital crosses Rs 5,001 crores Assets Under Management mark
Updated : 2 years, 11 months ago IST
New Delhi [India], April 4 (ANI/NewsVoir): SATYA MicroCapital, one of the fastest growing RBI registered NBFC-MFI has achieved the milestone of Rs 5001 crores Assets Under Management on the commencement of FY23-24. This is not the only feather SATYA has added to its golden cap at this moment
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Mayhem in Pakistan amid rising inflation, cost-of-living
Updated : 2 years, 11 months ago IST
The lack of coordinated fiscal and monetary policy responses, coupled with the complete inability of the central bank to keep inflation within the target range has led to a scenario where the country is on the verge of a hyperinflationary cycle.
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Indian IT sector revenue likely to plunge 700-900 basis points in fiscal 2
Updated : 2 years, 11 months ago IST
The information technology (IT) services sector in India is expected to see a decline in revenue growth by 700-900 basis points (100 basis points is equal to 1 percentage point) in fiscal 2024 amid global macroeconomic and financial sector headwinds, according to a Crisil report.
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Debt sustainability indicators worsen in Pakistan
Updated : 2 years, 11 months ago IST
Pakistan's major debt sustainability indicators have witnessed marked deterioration during the first half of this fiscal year in the middle of steep currency devaluation and interest rates hikes, revealed a semi-annual debt bulletin of the finance ministry, The Tribune reported.
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Stainless steel demand in India seen surging through 2025: CRISIL report
Updated : 2 years, 11 months ago IST
India's demand for stainless steel, which was four million tonne in 2022, is projected to log a healthy compound annual growth rate (CAGR) of 9 per cent in the three fiscals through 2025, according to a CRISIL Ratings report.
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Godrej Security Solutions strengthens its presence in the Middle East; Eye
Updated : 2 years, 11 months ago IST
Dubai [United Arab Emirates], March 29 (ANI/BusinessWire India): Godrej & Boyce, the flagship company of the Godrej Group recently announced that their division Godrej Security Solutions plans to grow its presence in the UAE through an increased network of retail touch points by 25 per c
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Finance Bill passed in Lok Sabha, FM Sitharaman announces committee to loo
Updated : 2 years, 11 months ago IST
Nirmala Sitharaman said that the committee will set up for looking into the pension system, such as to address the needs of employees, while also maintaining the fiscal prudence of the country.
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