Search For "fiscal"
Revenue of organised gold jewellery retailers to rise 23-25 pc in 2022-23:
Updated : 3 years, 2 months ago IST
Revenue of organised gold jewellery retailers, which had spurted 36 per cent last fiscal on a low base of the pandemic-induced financial year, is expected to grow 23-25 per cent in 2023 largely due to pent-up demand and recovery in discretionary consumer spending, said rating agency CRISIL.
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Inflation to remain high, between 21-23%: PakIstan Finance Ministry
Updated : 3 years, 2 months ago IST
For FY23, economic growth is likely to remain below the budgeted target due to the devastation caused by the floods.
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Agri, processed food products exports surge 16 pc to USD 17.43 bn in Apr-N
Updated : 3 years, 2 months ago IST
According to the provisional data by the Directorate General of Commercial Intelligence and Statistics (DGCI and S), the overall export of Agricultural and Processed Food Products Export Development Authority (Apeda) products increased by 16 per cent growth in terms of USD during April-Novem
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Pakistan's development spending drops 38 pc in July-Nov
Updated : 3 years, 2 months ago IST
According to data released by the Ministry of Planning and Development on Wednesday, the massive drop would not only slow down the economy but would take a toll on revenue collection as well.
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Pakistan spent Rs 2.2 trillion on interest on debt, defence from July-Nove
Updated : 3 years, 2 months ago IST
In the July-November period of the current fiscal year, an 83 per cent rise was seen in the interest cost on the Rs 50 trillion federal government debt stock. And in which, Finance Ministry paid Rs 1.7 trillion in interest cost, up by Rs 763 billion, sources said.
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Revenue of agrochemicals to grow double-digit current financial year and n
Updated : 3 years, 2 months ago IST
Agrochemicals sector is expected to grow at 15-17 per cent current financial year after a stellar 23 per cent growth logged last fiscal, primarily driven by continued strong exports and stable domestic demand, said rating agency Crisil.
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Pakistan received USD 5.1bn in foreign loans in first five months of curre
Updated : 3 years, 2 months ago IST
Pakistan's Ministry of Economic Affairs (MEA) said it received about USD 5.115 billion in foreign assistance in 5MFY23 compared to USD 4.499 billion in the same period last year.
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China slams new US Defense Act, terms it 'political provocation'
Updated : 3 years, 2 months ago IST
On December 24, US President Joe Biden signed into law the National Defense Authorization Act (NDAA) for the Fiscal Year 2023, which contains several provisions to deal with China's growing assertiveness and provide support to Taiwan.
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Lack of tenable answers to the IMF may delay release of funds to Pakistan:
Updated : 3 years, 2 months ago IST
The IMF visit to Pakistan which was scheduled for October has been delayed amidst differences between Pakistan's commitment to the IMF on fiscal consolidation.
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Delay in IMF review team visit increases Pakistan's balance of payments di
Updated : 3 years, 2 months ago IST
The visit of the IMF monitoring mission scheduled for October end has been delayed amid the differences between Islamabad's commitment to the IMF on fiscal consolidation and its actual decisions.
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Aviation, aeronautical manufacturing sector has 2,50,000 personnel in dire
Updated : 3 years, 2 months ago IST
The Airports Authority of India's prediction for all-India passenger throughput growth in the next three years for fiscal 2023-24 (FY24), FY25 and FY26 stand at 371 million passengers, 412 million passengers and 453 million passengers, respectively, said the statement of the Union minister r
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Subsidies, freebies should be contextualised, need to be provisioned accor
Updated : 3 years, 2 months ago IST
Sitharaman said that private investment capex is happening in India because of favourable policies like PLI.
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